Cressy

Cressy, VIC 3322 is a small suburb with a population of 176 residents. The age distribution is varied, with a significant proportion aged 45 to 64 years and 65 or over years. The median household income is $857 weekly. The suburb primarily consists of managers, technicians and trades workers, and community and personal service workers. Commuting mostly occurs by motor vehicle, while a notable percentage works from home. Cressy presents an interesting opportunity for property investors looking into houses. The suburb's high sale price IQR ratio suggests potential for renovators. With a low Days on Market and a slight reduction in median sale price over 12 months, buyers might find opportunities in negotiating prices. The high growth rate over three years indicates a positive trend. However, the low stock on market rate may limit immediate options for buyers. Cressy, VIC 3322 offers a quiet lifestyle for its residents with a diverse age group and occupations. For property investors looking into houses, the suburb presents opportunities for renovation projects and potential growth based on past trends. Home seekers may benefit from the current market conditions with low days on market and some room for negotiation in prices. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022