Creswick vs Leongatha
Property investment comparison - Creswick, VIC 3363 vs Leongatha, VIC 3953
Head-to-head across core investment metrics: Creswick wins 3, Leongatha wins 1. 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 | Leongatha |
|---|---|---|
| Median house price | $600K | $600K |
| Median unit price | - | $425K |
| Gross rental yield (houses) | - | 4.41% |
| Gross rental yield (units) | 5.88% | 5.23% |
| 1-year house growth | +7.0% | +4.5% |
| 3-year house growth | +9.5% | -1.3% |
| Vacancy rate | 0.7% | 0.5% |
| Population | 3,279 | 5,869 |
Creswick vs Leongatha: what the numbers say
Houses cost about the same in both suburbs: the median house price is $600K in Creswick and $600K in Leongatha.
Over the past year house prices moved +7.0% in Creswick and +4.5% in Leongatha, so recent momentum favours Creswick, although both suburbs recorded growth.
Looking back three years, Creswick houses are +9.5% and Leongatha houses -1.3%, so Creswick has compounded faster than Leongatha over the longer window.
Rental vacancy is 0.5% in Leongatha and 0.7% in Creswick, so landlords in Leongatha face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Leongatha is the bigger suburb, with a population of 5,869 against 3,279, larger than Creswick; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Creswick for recent price momentum, Leongatha 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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