Creswick
Suburb profile, market snapshot and recent listings for Creswick, VIC 3363.
About Creswick
Welcome to Creswick
Creswick sits in the Central Highlands of Victoria, about 130 kilometres north-west of Melbourne and a short 18-kilometre drive north of Ballarat, its larger regional neighbour. Once a booming gold-rush town, it retains a strong sense of history in its wide streets, bluestone buildings and surrounding forest, making it one of the more distinctive small towns within commuting reach of Ballarat's services and jobs.
These days Creswick suits people after a slower pace and a genuine community feel — retirees, tree-changers, and families drawn by affordable housing and the town's mix of history, bushland and small-town amenity. With a population of around 3,279 and a median age of 50, it's a settled, mature community rather than a fast-growing outer suburb, and that character shows in the quiet streets and well-established gardens throughout town.
History & character
Creswick's identity is inseparable from the gold rush that put it on the map in the 1850s, and the town still wears that history proudly. Grand old hotels, churches and civic buildings line the main streets, a legacy of the wealth that once flowed through the district, while the surrounding forests bear the scars and stories of mining-era activity. It's a town that has grown gently rather than boomed, and that unhurried evolution is part of its appeal today.
Lifestyle & dining
Life in Creswick revolves around a compact, walkable town centre with cafes, pubs and local shops that service both residents and visitors passing through on their way to the surrounding forest and lakes. The pace is relaxed, with an emphasis on local produce, community events and the kind of small businesses that know their regulars by name rather than big chain outlets.
Parks & recreation
The Creswick Regional Park and the nearby state forest are major drawcards, offering walking and mountain biking trails, historic mining relics and picnic spots among the trees. Creswick's Town Common and its network of lakes and reserves add to the outdoor lifestyle, and the town's proximity to bushland means residents have easy access to nature without leaving home.
Schools & families
Families in Creswick are well served locally by Creswick North Primary School and Creswick Primary School, both long-standing parts of the community. For secondary schooling and a broader range of educational options, Ballarat is close enough for a comfortable commute, giving families the benefit of small-town primary schooling with city-scale choices as children get older.
Getting around
Creswick is well positioned along the Midland Highway, with Ballarat around 18 kilometres to the south providing quick access to major shopping, health and transport links, including rail connections through to Melbourne. Surrounding localities such as Cabbage Tree, Smokeytown and Bald Hills are all within easy reach, and while a car is the most practical way to get around, the town's compact layout means many daily errands can be done on foot.
The property market
Creswick's property market remains attractively affordable compared with Ballarat and Melbourne, with a median house price of $560,000 following recent growth of 5.7 per cent. Median rents sit at $430 per week, reflecting solid demand from both owner-occupiers and tenants drawn to the town's lifestyle and value.
Current listings show houses make up the bulk of stock at 65 per cent, with land sales accounting for a notable 32 per cent — a sign of ongoing interest in new builds around the town's edges — while apartments and units remain a small niche at just 3 per cent. For buyers wanting a house on a decent block, or land to build on, within striking distance of Ballarat, Creswick continues to offer a comparatively accessible entry point into the Central Highlands market.
Market snapshot
Creswick property market
Median sale price
$560k
House · 3 bed
Median rent
$430
per week
Gross rental yield
4.0%
annual rent ÷ sale price
Typical price range
Entry
$460k
Median
$560k
Premium
$759k
Days on market
55
Auction clearance
0%
Sold this year
40
Median sold price trend · House 3 bed
Compound growth +2.4% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Creswick by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Creswick, VIC 3363.
Population
3,279
residents (2021)
Median age
50
years
Household income
$1,144
median, per week
Median rent
$275
per week
Median mortgage
$1,300
per month
Mortgage / income
26%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Creswick
Government school catchment
Recent results
Recently sold in Creswick
$1.20m
59 Berry Mine Lane
Sold ~July 2026
$215k
224 (Room 237)/1500 Midland Highway
Sold ~July 2026
$622k
127 Albert Street
Sold ~July 2026
$525k
5A Broomfield Road
Sold ~July 2026
$623k
1 Broomfield Road
Sold ~July 2026
$345k
195 Four Star Road
Sold ~July 2026
$208k
35 Elizabeth Road
Sold ~July 2026
$1.27m
19 Kennedy Lane
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Creswick
Compare the area
Price map around Creswick
Every listing for sale near Creswick, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Creswick suburb FAQ
What is the median property price in Creswick?
The median house price in Creswick, VIC is $560k for a 3-bedroom home. Over the past year, median sold prices have risen about 5.7%.
How much is rent in Creswick?
The median weekly rent in Creswick is around $430 per week.
Is Creswick a good place to live?
Creswick is a town in west-central Victoria, Australia, 18 kilometres north of Ballarat and 122 kilometres northwest of Melbourne, in the Shire of Hepburn. Creswick is an established residential suburb in VIC, with a population of around 3,279 and 2 schools in the area.
What is the population of Creswick?
Creswick has a population of 3,279 (ABS 2021 Census), with a median age of 50.
What schools are in Creswick?
There are 2 schools in or near Creswick, including Creswick North Primary School and Creswick Primary School.
How long do homes take to sell in Creswick?
Properties in Creswick take around 55 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Creswick?
Entry-level properties in Creswick start around $460k, while premium homes reach $759k.
What suburbs are near Creswick?
Suburbs near Creswick include Cabbage Tree, Smokeytown and Bald Hills.
Fresh to market
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