Pheasant Creek, VIC 3757
Pheasant Creek, VIC 3757 recent property activity
Pheasant Creek, VIC 3757 recorded four houses sold in the last 12 months — too little to read a wider market from. Those sales point to over $1 million, best read as a rough guide.
For a fuller picture of Pheasant Creek, the resident profile below is drawn from the most recent Census.
Who lives hereAn above-average-income, mortgage-belt, family-oriented suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Pheasant Creek demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Pheasant Creek?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Pheasant Creek
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Pheasant Creek
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 3.5× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Pheasant Creek
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Pheasant Creek
No school inside Pheasant Creek itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Pheasant Creek median house price & rent
Headline price, rent, yield and time on market for Pheasant Creek — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Pheasant Creek property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Pheasant Creek
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Pheasant Creek against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Pheasant Creek in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Pheasant Creek — Units & Houses, all bedrooms
Pheasant Creek median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Pheasant Creek rose from $551k (Jul 2021) to $644k (Jun 2026) — +16.8% growth over five years — peaking at $1.02M between May 2023 and Apr 2024. Median house rent went from $207/wk to $294/wk (+42.0%) over the same period.
Suburbs near Pheasant Creek: prices compared
The nearest suburbs to Pheasant Creek, ranked by distance — each lined up against Pheasant Creek on the same measures, so the differences jump out at a glance.
Frequently asked · Pheasant Creek
18 data-driven answers about Pheasant Creek's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Pheasant Creek?
#The median house price in Pheasant Creek, VIC 3757 is $721k as of June 2026. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much is a 3 bedroom house in Pheasant Creek?
#As of June 2026, Pheasant Creek medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $721k | $721k | $721k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Pheasant Creek's property market trends?
#Pheasant Creek's property market trends to June 2026: house prices rose +50.0% year-on-year; homes now sell in a median 102 days — slower than a year ago by 66; sales supply sits at 5.7 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Pheasant Creek market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Pheasant Creek as an investment?
#As of June 2026 in Pheasant Creek, house prices rose +50.0% over the year, houses take a median 102 days to sell, sales supply is 5.7 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Pheasant Creek?
#Houses in Pheasant Creek sell in a median 102 days on market as of June 2026. Days on market have lengthened by 66 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Pheasant Creek a tight or loose property market right now?
#Pheasant Creek's sales market sits at 5.7 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.
Have property prices in Pheasant Creek gone up or down?
#House prices in Pheasant Creek moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How it compares
Vs state, vs nearby, vs popularHow does Pheasant Creek compare to other VIC suburbs?
#Pheasant Creek's median house price ($721k) is 23% above the VIC median ($587k) as of June 2026. On selling speed, houses clear in 102 days vs 19 days state median.
What's the most popular property type in Pheasant Creek?
#The most-transacted segment in Pheasant Creek over the 12 months to June 2026 is 3 bed houses with 2 sales. 4 bed houses come second at 2 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Pheasant Creek last year?
#Pheasant Creek recorded 2 house sales and 0 unit sales over the 12 months to June 2026 — a combined 2 transactions. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Pheasant Creek in?
#Pheasant Creek is in postcode 3757, in the North East Melbourne region of VIC. Addresses there are written as Pheasant Creek, VIC 3757.
What is the population of Pheasant Creek?
#Pheasant Creek, VIC 3757 is home to 322 residents (ABS Census 2021). The median resident age is 29, and the average household holds 1.8 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Pheasant Creek?
#The median household in Pheasant Creek earns $2k per week — roughly $84k a year (ABS Census 2021). Median personal income runs $459/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Pheasant Creek?
#The unemployment rate in Pheasant Creek is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Pheasant Creek?
#Pheasant Creek is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Pheasant Creek?
#Pheasant Creek has 14 schools within reach — including Kinglake West Primary School, Middle Kinglake Primary School, Kinglake Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Pheasant Creek a good place to live?
#Pheasant Creek, VIC 3757 has a population of 322, a median age of 29, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 14 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Pheasant Creek market data last updated?
#This Pheasant Creek market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.