Perfectly positioned at the northern end of Lewers Street, with quality established homes surrounding and just a short stroll to Shops, Schools and transport is this prime residential development opportunity on approx. 3370m2. Situated in the highly sort after and historic town of Creswick in the Hepburn Shire, this fantastic parcel of land is Zoned General Residential (GRZ1) and is an ideal subdivision opportunity with the potential for multiple residential allotments(STCA).
With limited quality land parcels left available in the area and a 15 minute commute to Central Ballarat and easy connection with the Western Freeway to Melbourne this makes for a fantastic opportunity.
All services are readily available to the property with ample frontage to Lewers Street from the western boundary.
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 2,314 properties. Over the last 5 years, Houses in Creswick have seen a 22.62% increase in median value, while Units have seen a 16.57% increase. As at 30 April 2026:
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