The Creswick property market recorded a median house price of $320,000 and $130,000 for land in Q2 2018, which represented an annual price change of 4.6% and -7.1% respectively. Over the same period of time (Q2 2017 – Q2 2018) housing stock on the market also increased (by 12.5%), suggesting that Creswick’s house prices have benefited from real uplift in value. House median prices between Q2 2017-Q2 2018 in Hepburn Shire Local Government Area (LGA) grew by 1.1% to $450,000 and land prices grew by 26.7% to $190,000.
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