$275 ▲ +57.1%
Lower than 52% of suburb / locality areas.
- 2011: $175
- 2016: $220
- 2021: $275
Median weekly rent paid by households renting their home.
Creswick · Suburb / Locality
Housing & Dwellings in Creswick
Where and how people live — the homes, how they are held, and what they cost.
Far more homes are owned outright in Creswick than in the rest of Victoria, with 43% of households owning their place without a mortgage. This creates a housing market where costs are generally lower than state and national figures, and the vast majority of people live in detached houses.
$275
▲ +57.1%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Creswick — lower than 52% of areas.
Housing costs
Rents, mortgages and crowding.
The typical monthly home loan payment is $1,300, which is well below the Victorian figure of $1,859. Renters also pay much less than average, with typical weekly rent at $275 compared to $370 across the state.
$1,300 ▲ +8.1%
Lower than 71% of suburb / locality areas.
- 2011: $1,203
- 2016: $1,200
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Creswick, $200–$349 is the majority at 60%; Under $200 is next at 23%.
Monthly mortgage distribution
View on map →In Creswick, the largest group is $1,000–$1,799 at 48%, followed by Under $1,000 (28%) and $1,800–$2,999 (22%).
Owning & renting
How homes are owned or rented.
Home ownership is strong here, as 43% of homes are owned outright, which is far above the Australian average of 31%. Meanwhile, only 18.2% of households rent, a figure far below the national rate of 30.6%.
18.2% ▼ -16.4%
Higher than 55% of suburb / locality areas.
- 2011: 21.8%
- 2016: 20.2%
- 2021: 18.2%
Share of occupied private dwellings that are rented.
43.0% ▲ +10.6%
Higher than 56% of suburb / locality areas.
- 2011: 38.9%
- 2016: 37.1%
- 2021: 43.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Creswick, the largest group is Owned outright at 43%, followed by Owned with a mortgage (35%) and Rented (18%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 90.2% of the market, far above the state average of 73.4%. Most of these are larger homes, with 78% having three or more bedrooms, though there are slightly fewer people per bedroom than in most other areas.
0.70 ▼ -36.4%
Lower than 86% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
90.2% ▼ -0.2%
Lower than 68% of suburb / locality areas.
- 2011: 90.4%
- 2016: 71.3%
- 2021: 90.2%
Share of occupied private dwellings that are separate houses.
78.0% ▲ +3.6%
Lower than 54% of suburb / locality areas.
- 2011: 75.3%
- 2016: 75.0%
- 2021: 78.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Creswick, Separate house is the majority at 90%; Flat or apartment is next at 7%.
Bedrooms per home
View on map →In Creswick, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 21%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Creswick
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Creswick [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20672/creswick/topic/housing-dwellings