$275 —
Higher than 51% of urban centre areas.
- 2016: $285
- 2021: $275
Median weekly rent paid by households renting their home.
Creswick · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 89.1% of all homes in Creswick. This is a place where housing is generally more affordable than in the rest of the state, with a high number of people owning their homes outright. Most residents live in large, detached houses with plenty of space.
All urban centre areas, 2021. The marker is Creswick — higher than 51% of areas.
Rents, mortgages and crowding.
Typical monthly home loan payments are $1,300, which is well below the $1,859 seen across Victoria. Rent is also much lower than the national figure, with the typical weekly rent at $275.
$275 —
Higher than 51% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,300 ▲ +49.9%
Lower than 57% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Creswick, $200–$349 is the majority at 62%; Under $200 is next at 23%.
In Creswick, the largest group is $1,000–$1,799 at 49%, followed by Under $1,000 (30%) and $1,800–$2,999 (19%).
How homes are owned or rented.
Far more people own their homes outright here than in the rest of Australia, at 42.4%. Conversely, the share of households renting is 20.3%, which is well below the state average.
20.3% ▲ +5.8%
Lower than 54% of urban centre areas.
Share of occupied private dwellings that are rented.
42.4% ▼ -13.7%
Higher than 59% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Creswick, the largest group is Owned outright at 43%, followed by Owned with a mortgage (33%) and Rented (20%).
Houses, townhouses, apartments and bedrooms.
Large homes are common, with 77.2% having three or more bedrooms. This is well above the national figure, and the number of people per bedroom has fallen to 0.70 since 2011.
0.70 ▼ -36.4%
Lower than 86% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
89.1% ▼ -1.7%
Lower than 71% of urban centre areas.
Share of occupied private dwellings that are separate houses.
77.2% ▲ +4.0%
Higher than 50% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Creswick, Separate house is the majority at 89%; Flat or apartment is next at 8%.
In Creswick, 3 bedrooms is the majority at 56%; 4 bedrooms is next at 20%.
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/ucl/UCL215028/creswick/topic/housing-dwellings