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Creswick Real Estate

Creswick real estate

Townhouses, terraces and semi-detached houses are 1% of occupied homes in the town of Creswick, against 14% across VIC at the 2021 Census.

  • House 89
  • Townhouse or terrace 1
  • Flat or apartment 8
  • Other or not stated 2
  • Owned outright 42
  • Mortgaged 33
  • Rented 20
  • Other or not stated 5
Homes in Creswick as a street of 100, from the census count of households by kind of home and tenure.
Median rent$275 a weekVIC $370
Median mortgage repayment$1,300 a monthVIC $1,859
Median household income$1,072 a weekVIC $1,759

Three-bedroom houses in the town of Creswick

Separate houses make up 89% of occupied homes in the town of Creswick, above the 73% across VIC, while flats or apartments come to 8%, below the state's 12%. With townhouses, terraces and semi-detached houses at 1%, the figures suggest a larger share of freestanding houses in the town than across VIC, and a smaller share of attached homes.

Bedroom counts gather in the middle. Some 55% of homes have three bedrooms, above 42% for VIC, while 23% have four or more, below 33%, and 21% have two bedrooms or fewer, below 25%. On Census night, 8% of private dwellings in Creswick were unoccupied, below the 11% recorded across the state.

Victoria, the same way: 73 houses, 12 flats, 29 rented.

Lower incomes, lower repayments in Creswick

Median household income in Creswick was $1,072 a week at the 2021 Census, below the $1,759 across VIC. Median rent was $275 a week, below the state's $370. Worked out on this page from those two medians, the rent equals 26% of the median weekly income of all households in the town, renters or not, above the 21% for VIC.

Some 42% of households own their home outright, above 32% across the state. Another 33% are paying off a mortgage, below 36%, with a median repayment of $1,300 a month against $1,859 for VIC. Renting households make up 20%, below 29%, and 50% of them rent from a landlord the ABS records as a real estate agent, below the state's 73%.

An older median age and smaller households in Creswick

The median age in Creswick was 51 years at the 2021 Census, above the VIC median of 38, which points to an older population than the state as a whole. In all, 2,794 people lived in the town of Creswick. The average household held 2.1 people, below the 2.5 across VIC, suggesting fewer people sharing each home.

One question at the 2021 Census asked where each person lived in 2016. Of people aged five and over in Creswick, 56% gave the same address, above the 54% across VIC. That suggests a larger share of people aged five and over in the town at the same address in 2021 as in 2016 than across VIC.