1 Reed Street, Creswick, VIC 3363 | House for sale | OnTheHouse
 
FOR SALE
$530,000 - $550,000

1 Reed Street
Creswick VIC 3363

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Endless Potential: Weatherboard Home on a Substantial Block

Set on a generous corner allotment of approximately a quarter acre, this solid 1956 weatherboard home presents a rare opportunity in the heart of Creswick. Held by the one owner since new, the property is rich in character and offers excellent scope for renovation, extension or potential subdivision, subject to council approval.
• The home comprises three good sized bedrooms, all carpeted, with built in robes. High ceilings enhance the sense of space, while original timber floorboards lie beneath the carpet, ready to be revealed.
• The lounge room is comfortably heated with a natural gas heater and a split system, providing year-round comfort.
• A well-proportioned kitchen features Laminex benchtops and ample space for everyday living. The back sunroom adds versatility and can be enjoyed as a light filled sitting area or meals space.
• The main bathroom is centrally located, with the added convenience of a second shower and toilet in the laundry, making the home particularly suitable for elderly occupants or those seeking accessible living.
• Outside, the corner block offers excellent access and future potential, with side gates and front entry available, complemented by a single garage plus shedding.
Positioned within easy walking distance to Creswick's Doug Lindsay Sporting Complex, the train station, shops, cafes and many other local amenities, this is a tightly held property with solid bones, a superb location and exciting possibilities for the future.
Creswick's Best Selling Team
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Property Details for 1 Reed St, Creswick

1 Reed St, Creswick is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with PRD Real Estate Ballarat.

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House
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About Creswick 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2016 was 3170 people. By 2021 the population was 3279 showing a population growth of 3.4% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation.In 2021, 77.50% of the homes in Creswick were owner-occupied compared with 72.80% in 2016.

Creswick has 2,313 properties. Over the last 5 years, Houses in Creswick have seen a 31.19% increase in median value, while Units have seen a 50.39% increase. As at 30 November 2025:

  • The median value for Houses in Creswick is $540,245 while the median value for Units is $475,741.
  • Houses have a median rent of $415 while Units have a median rent of $250.
There are currently 47 properties listed for sale, and 4 properties listed for rent in Creswick on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Creswick.

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