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Suburb Insights ยท VIC 3363

Creswick North 3363, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Creswick North is a regional centre in Victoria, Australia, with a population of approximately 55, making it a boutique locality. Located approximately 108 km from the Melbourne CBD, Creswick North is a regional area in Victoria. The median household income is $110,500 AUD per year (ABS 2021 Census).

Investment Score

50 / 100 Moderate

Strong household incomes in Creswick North underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Creswick North, Victoria, Australia.

Key Indicators

Postcode
3363

Official Australia Post postcode for Creswick North. A postcode may cover multiple suburbs.

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Population
55

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$300/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$110,500/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
108 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,534/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
83% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Creswick North serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,534/month. A median household income of $110,500/year supports premium property values and indicates a well-employed resident base. 83% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Creswick North could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Creswick North are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Limited buyer depth in Creswick North makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Creswick North

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital growth in Creswick North may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Creswick North is thinner โ€” flexible lease terms could help secure tenants faster. Creswick North offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Creswick North a good suburb for investment?

Creswick North is a regional area in Victoria with a population of 55. The median rent is $300/week and the median household income is $110,500/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Creswick North?

Key demand drivers in Creswick North include regional employment hubs, lifestyle, and affordability. 83% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Creswick North?

According to the ABS 2021 Census, Creswick North has a population of approximately 55. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Creswick North from the Melbourne CBD?

Creswick North is approximately 108 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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