Rural City of Wangaratta

Silver Creek

VIC3747

Silver Creek at a glance

Median house

$343,000

Median unit

$246,960

Walk score

0

Very car dependent

Population

5,054

Median age 49

About

Welcome to Silver Creek.

Silver Creek (3747) sits in the Wangaratta region of Victoria. The median house here is $343,000, well below the Victoria median of around $850K.

Silver Creek has roughly 5,054 residents, with an established, older skew. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.

Side by side

Compare Silver Creek with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Houses change hands at $343,000 on a typical sale, well below the Victoria median. Units come in around $246,960, roughly 28% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $69,000. Prices are well below the Victoria median, which keeps Silver Creek on the radar for first-home buyers and right-sizers.

Market

The price of a home here.

Median house price

$343,000

+0.0% over the past year. Median unit price $246,960.

Rental and ownership

Weekly rent (house)

$300/wk

Weekly rent (unit)

$255/wk

Owner occupied

Renter occupied

At a deeper level

Median House PriceSource: RTBA, Residential Tenancies Bond Authority (VIC)

$343,000

Median Unit PriceSource: RTBA, Residential Tenancies Bond Authority (VIC)

$246,960

PopulationSource: ABS Census 2021

5,054

Median age: 49

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For investors

Investment overview.

Gross rental yield on houses sits at 4.55% (median rent $300/wk against a $343,000 price tag). Units yield 5.37% gross, often the better cash-flow play for first-time investors.

Gross Yield (House)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

4.55%

Based on $343,000 median

Gross Yield (Unit)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

5.37%

Based on $246,960 median

Annual Growth (House)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

Year-on-year capital growth

Annual Growth (Unit)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021

Higher = more owner-occupier demand

Days on Market

Source: RTBA, Residential Tenancies Bond Authority (VIC)

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Who lives here

Demographics.

The 2021 Census put Silver Creek's population at 5,054, with a median age of 49. That sits as an established, older skew.

Population

5,054

Median age

49

Family households

Lone person

Day to day

What it’s like to live here.

Silver Creek scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Schooling within or near the suburb covers 2 government primary, 1 government secondary, 1 Catholic, 1 independent.

Getting around

Walkability.

Walk Score

0

Transit Score

0

Bike Score

0

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Silver Creek.

Local schools for Silver Creek

View the catchment for each school to find out more.

Government School Catchment

Beechworth Primary School

Prep-6CoEdGovernment
View Catchment

Beechworth Secondary College

7-12CoEdGovernment
View Catchment

Wooragee Primary School

Prep-6CoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Frequently asked

About Silver Creek.

What is the median house price in Silver Creek?
The median house price in Silver Creek, VIC 3747 is $343,000. The median unit price is $246,960. Annual growth is +0.0%.
What is the Silver Creek postcode?
Silver Creek is in the 3747 postcode, in VIC, in the Rural City of Wangaratta region.
What is the average rent in Silver Creek?
The median weekly rent for houses is $300, for units it's $255.
What schools are in Silver Creek?
There are 5 schools serving Silver Creek on this page, including Beechworth Montessori School, Beechworth Primary School, St Joseph's School.
How walkable is Silver Creek?
Silver Creek has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
What suburbs are near Silver Creek?
Silver Creek is close to Hurdle Flat, Stanley, Beechworth, Baarmutha, Murmungee.
What is the population of Silver Creek?
Silver Creek has approximately 5,054 residents. The median age is 49.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

Always dated

Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.

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