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Pheasant Creek, VIC 3757
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,175,000
list-price estimate
Median Unit
$650,000
Gross Yield (units)
3.7%
1yr Growth
-
Investment snapshot for Pheasant Creek
Pheasant Creek has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Pheasant Creek market and investor summary
Pheasant Creek sits in VIC, postcode 3757. At 1.1% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 110 days on market, so plan for a slower exit if you ever need one.
Living in Pheasant Creek: people, income and schools
Pheasant Creek is home to around 360 people, and the area has been growing steadily, up about 78% over five years. The median age is 40, skewed a little older, and 84% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $111,000 a year, or roughly $2,140 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
There are 2 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 48 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 360
- +78% over 5yr
- Median age
- 40 years
- Median household income
- $111,000/yr
- Households renting
- 13%
- Family households
- 83%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1006
- Unemployment
- 6.8%
- Distance to CBD
- 48 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Pheasant Creek
No properties currently listed in Pheasant Creek
Search Pheasant Creek listings →Frequently asked questions about Pheasant Creek
What should I check before investing in Pheasant Creek?
Pheasant Creek has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Pheasant Creek?
The median property price in Pheasant Creek, VIC 3757 is $650K for units.
What rental yield does Pheasant Creek show?
The gross rental yield in Pheasant Creek is 3.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Pheasant Creek?
The current vacancy rate in Pheasant Creek is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Pheasant Creek?
Pheasant Creek has a population of approximately 360 residents, with a median age of 40.
What schools are near Pheasant Creek?
There are 2 schools within roughly 5km of Pheasant Creek. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Pheasant Creek's population growing?
The population of Pheasant Creek has grown about 78% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Pheasant Creek from the CBD?
Pheasant Creek is about 48 km from the CBD.
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