Chat with us, powered by LiveChat

Murrindindi Shire

Pheasant Creek

Pheasant Creek Property Market
& Suburb Profile

Powered by Proptrack

MEDIAN PRICES IN PHEASANT CREEK

Median house price

(all agencies, last 12 months)$1.1m*

House price change

(all agencies, last 12 months)-5.7%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

PHEASANT CREEK price TRACKER

Houses

Pheasant Creek Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$652pw

House rental price change

(all agencies, last 12 months)0.08%

Average rental yield for Houses

(all agencies, last 12 months)3.57%

Pheasant Creek total population size

(as at the last census)360

Median household size in Pheasant Creek

(as at the last census)2.9

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Pheasant Creek property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Pheasant Creek

  • Owned 95%
  • Rented 4%
  • Other/Not Stated 1%
  • Singles 16%
  • Families 83%
  • Other 0%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

Request a free price evaluation from our experienced team

About Pheasant Creek

Pheasant Creek, situated in Victoria’s scenic Shire of Murrindindi, offers a peaceful rural lifestyle ideal for families, nature enthusiasts, and those seeking a retreat from urban hustle. This charming suburb is known for its lush landscapes, close-knit community, and serene environment.

Community and Lifestyle

Pheasant Creek is characterized by its friendly and welcoming community. Residents enjoy a relaxed pace of life, with local events and gatherings fostering a strong sense of togetherness. The area’s natural beauty and rural charm make it an ideal place for a peaceful lifestyle.

Housing and Real Estate

The real estate market in Pheasant Creek features a mix of spacious family homes, charming cottages, and lifestyle properties with large land parcels. The suburb's affordability and variety attract those seeking a serene rural retreat.

Education and Amenities

While Pheasant Creek maintains its rural charm, essential amenities are accessible in nearby towns such as Kinglake and Whittlesea. These towns provide shopping centres, healthcare facilities, and schools, ensuring residents have access to necessary services while enjoying the tranquility of rural life.

Recreation and Leisure

Outdoor enthusiasts will find plenty to do in Pheasant Creek. The area offers excellent opportunities for hiking, cycling, and exploring nature. The nearby Kinglake National Park provides beautiful spots for picnics, walking, and wildlife observation, enhancing the outdoor lifestyle of the residents.

Transport and Accessibility

Pheasant Creek is accessible by road, located approximately a 1.5-hour drive from Melbourne. While public transport options are limited, having a private vehicle is beneficial for commuting and exploring the region.

Demographics and Growth

Pheasant Creek’s small but growing population values the peace and beauty of rural living. The suburb’s appeal is increasing as more people seek the tranquility of the countryside while remaining within reach of urban amenities.

Powered by Proptrack

Pheasant Creek MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20251$1,075,000-5.70%0$652pw3.57%
20243$1,140,00012.87%1$616pw3.60%
20235$1,010,000-4.36%0$556pw3.28%
20224$1,056,00020.00%2$513pw3.08%
20219$880,00022.22%1$485pw2.78%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20251$1,075,000-5.70%
20243$1,140,000+12.87%
20235$1,010,000-4.36%
20224$1,056,000+20.00%
20219$880,000+22.22%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20250$652pw3.57%
20241$616pw3.60%
20230$556pw3.28%
20222$513pw3.08%
20211$485pw2.78%

PROUDLY SERVICING Pheasant Creek

Barry Plant
Eltham

Level 1, 958 Main Road
View on Google Maps

Barry Plant
Wallan

  • Our other local offices include:
  • Kilmore

Browse more suburbs

Strathewen

Castella

Arthurs Creek

Media Hub

Our Annual North Pole Post Boxes are Back! 🎅

November: A Month of Major Wins for Our Clients and Record-Breaking Month for The Barry Plant Eastern Group

Preparing for a big 2026?

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.