Creswick vs Flora Hill
Property investment comparison - Creswick, VIC 3363 vs Flora Hill, VIC 3550
Head-to-head across core investment metrics: Creswick wins 2, Flora Hill wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Creswick | Flora Hill |
|---|---|---|
| Median house price | $600K | $600K |
| Median unit price | - | $450K |
| Gross rental yield (houses) | - | 4.25% |
| Gross rental yield (units) | 5.88% | 5.04% |
| 1-year house growth | +7.0% | +10.5% |
| 3-year house growth | +9.5% | +15.4% |
| Vacancy rate | 0.7% | 1.6% |
| Population | 3,279 | 3,989 |
Creswick vs Flora Hill: what the numbers say
Houses cost about the same in both suburbs: the median house price is $600K in Creswick and $600K in Flora Hill.
Over the past year house prices moved +7.0% in Creswick and +10.5% in Flora Hill, so recent momentum favours Flora Hill, although both suburbs recorded growth.
Looking back three years, Creswick houses are +9.5% and Flora Hill houses +15.4%, so Flora Hill has compounded faster than Creswick over the longer window.
Rental vacancy is 0.7% in Creswick and 1.6% in Flora Hill, so landlords in Creswick face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Flora Hill is the bigger suburb, with a population of 3,989 against 3,279, larger than Creswick; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Flora Hill for recent price momentum, Creswick for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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