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Creswick

Suburb Profile

Creswick - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3363

house

Based on its average 5-year and quarterly capital gains CRESWICK, 3363 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that CRESWICK, 3363 obtained a 5.59% growth over a ten-year period. It ranks 1435th on our list of suburbs that property investors should look into.

CRESWICK, 3363 in VIC belongs to the local government area of Hepburn (S).

CRESWICK, 3363 has a capital gain of 9.35% for the past year, which is higher than average compared to its 34.24% growth within a five-year period.

With the median home price in CRESWICK sitting at $345,000, and the average rent at $337.5, property owners could potentially earn a 5.09% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CRESWICK are low, as opposed to average gains per annum over the past five years.

A 9.35% increase in median property prices in CRESWICK, 3363 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 91st.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $345,000 N/A
GROWTH REPORT
Median Quarterly 1.47% N/A
Median 12 month 9.35% N/A
Median 3 years 27.78% N/A
Median 5 years 34.24% N/A
10 years average annual 5.59% N/A
Weekly media advert. rent $337.5 N/A
Time on Market 72.6 days N/A
Gross Rental Yield Percent 5.09% N/A
demographics (median values)
Total Population
3067
Weekly Household Income
727.1
Household Size
2.40
demographics
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