Pheasant Creek Real Estate, VIC, 3757, Murrindindi

Thinking about buying in Pheasant Creek? Now could not be a better time, with just 173 residential dwellings it's a highly sought after location.

The average property price for this area is $443,000 with prices in this suburb ranging from $432,000 to $454,000.

Distance to the coast is 45 Km. Search Residz

Housing Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Pheasant Creek are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Pheasant Creek changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Pheasant Creek to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Pheasant Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Pheasant Creek there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


For Sale Local Listings


Nearby Suburbs

KINGLAKE CENTRALKINGLAKE WESTKINGLAKESTRATHEWENHUMEVALEST ANDREWSCASTELLAARTHURS CREEKGLENBURNWHITTLESEA

Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.612.128.636.694.82.824.5
Feb1.912.128.039.595.32.720.5
Mar1.710.525.342.696.12.515.7
Apr2.07.621.049.698.02.011.6
May2.55.716.859.597.32.08.0
Jun2.23.714.166.198.01.97.2
Jul2.14.513.763.196.42.77.3
Aug2.44.414.556.896.22.89.9
Sept2.45.417.549.197.42.814.0
Oct2.27.320.647.796.92.718.9
Nov2.69.422.946.196.82.722.2
Dec2.310.225.839.796.52.825.3

source: Australian Government Bureau of Meteorology