Pheasant Creek, located in the picturesque region of Murrindindi, Victoria, offers a serene escape from the hustle and bustle of city life. The housing market in this quaint area reflects its tranquil setting, typically characterized by a selection of charming rural properties and modest family homes. The median house prices tend to be more affordable compared to larger urban centers, making it an attractive option for families and retirees looking for a peaceful lifestyle. Given its rural appeal, properties in Pheasant Creek often come with larger blocks of land, providing residents with the opportunity for spacious living, gardening, and maintaining a connection with nature.
Living in Pheasant Creek offers a unique blend of community spirit and natural beauty that is hard to find elsewhere. The area is enveloped by lush greenery and is in close proximity to several national parks and outdoor recreational areas, making it ideal for nature enthusiasts and those who enjoy outdoor activities. The close-knit community is known for its friendliness and support, which makes settling in easy for newcomers. Moreover, the slower pace of life allows residents to enjoy a more relaxed and peaceful existence while still being within a reasonable distance from essential amenities and the larger towns of Murrindindi. Overall, Pheasant Creek is perfect for those looking to embrace a simpler, nature-focused lifestyle while enjoying the comforts of a close community.
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Housing Stock
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Thinking about buying in Pheasant Creek? Now could not be a better time, with just 174 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $886,000 with prices in this suburb ranging from $262,000 to $1,556,000. The aproximate distance to the coast is 45 Km.
In Pheasant Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Pheasant Creek due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Pheasant Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Pheasant Creek necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
Instant Property ValuationMiddle Kinglake Primary School
Kinglake West Primary School
(While the above schools are located with the suburb of Pheasant Creek there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.9 | 23.1 | 32.6 | 45.8 | 88.4 | 3.9 | 24.5 |
| Feb | 5.8 | 22.9 | 32.0 | 49.8 | 90.3 | 3.8 | 22.9 |
| Mar | 5.6 | 22.1 | 30.8 | 51.8 | 91.2 | 3.6 | 19.8 |
| Apr | 0.9 | 19.1 | 29.3 | 44.6 | 89.6 | 3.3 | 18.7 |
| May | 1.0 | 14.5 | 26.3 | 40.1 | 90.5 | 2.9 | 16.1 |
| Jun | 0.7 | 11.8 | 24.5 | 39.8 | 92.8 | 2.6 | 14.4 |
| Jul | 1.7 | 11.1 | 24.1 | 38.8 | 92.5 | 2.6 | 15.2 |
| Aug | 0.5 | 11.6 | 26.5 | 30.1 | 90.6 | 2.5 | 18.1 |
| Sept | 0.7 | 14.8 | 28.7 | 30.9 | 88.9 | 3.0 | 21.7 |
| Oct | 1.6 | 17.8 | 30.0 | 36.9 | 90.6 | 3.4 | 24.5 |
| Nov | 1.4 | 20.1 | 31.2 | 40.7 | 89.2 | 3.5 | 26.3 |
| Dec | 3.8 | 22.0 | 33.1 | 39.9 | 87.1 | 3.6 | 26.8 |
source: Australian Government Bureau of Meteorology
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