Freshwater Creek, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Freshwater Creek
VICCensus 2021 · Population 459
Freshwater Creek is a small rural community with a total population of 459 people. The median age in the suburb is 45, which is higher than the Victorian average of 38, indicating a mature population. The suburb has a balanced gender distribution with 48.1% males and 51.9% females. Families are a significant part of the community, with 83.1% of households being family households, and a notable 47.3% of these are couples with children. The suburb has a high percentage of separate houses at 94.2%, which is significantly higher than the Victorian average of 73.4%.
Key Highlights
- Low unemployment rate at 2.7% compared to VIC 5.0%
- High median household income of $2087 weekly (vs VIC $1759)
- High percentage of separate houses at 94.2% (vs VIC 73.4%)
- Significant work-from-home population at 27.4% (vs VIC 25.7%)
- High percentage of English spoken at home at 91.9%
Things to Consider
- Higher median age of 45 may not appeal to younger buyers
- Limited public transport usage at 2.0%
- Lower diversity with 85.7% born in Australia (vs VIC 65.0%)
- Limited rental market with only 14.1% of properties rented
- Potential for health conditions with 40.7% reporting conditions
What's it like living here?
Residents of Freshwater Creek enjoy a rural lifestyle with a strong sense of community. The area has a high rate of home ownership, with 49.4% of homes owned outright and 32.1% owned with a mortgage. Commuting is primarily done by car, with 48.0% of residents driving to work. A significant portion of the population, 27.4%, works from home, which is slightly above the Victorian average of 25.7%.