Towong
VIC, 3707
Thinking about buying in Towong? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $679,000 with prices in this suburb ranging from $469,000 to $922,000. The aproximate distance to the coast is 181 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Towong Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Towong due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Towong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Towong the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Towong there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Towong weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.4 | 15.1 | 27.1 | 31.8 | 76.2 | 2.0 | 26.3 |
| Feb | 3.4 | 14.0 | 25.2 | 40.4 | 79.5 | 1.7 | 21.9 |
| Mar | 3.6 | 11.8 | 21.7 | 47.4 | 82.9 | 1.7 | 17.3 |
| Apr | 3.1 | 8.7 | 16.6 | 55.6 | 85.7 | 1.7 | 13.3 |
| May | 3.5 | 5.3 | 11.8 | 66.1 | 90.3 | 1.7 | 9.4 |
| Jun | 4.6 | 3.2 | 8.6 | 75.9 | 96.3 | 1.7 | 7.3 |
| Jul | 5.2 | 2.1 | 7.5 | 78.0 | 98.3 | 1.9 | 7.5 |
| Aug | 3.9 | 2.2 | 8.6 | 68.3 | 96.8 | 2.0 | 10.2 |
| Sept | 3.3 | 4.6 | 12.7 | 56.4 | 93.2 | 2.1 | 15 |
| Oct | 2.8 | 8.2 | 17.8 | 46.9 | 87.5 | 2.0 | 20.6 |
| Nov | 3.3 | 10.6 | 20.7 | 42.2 | 83.9 | 2.1 | 24.7 |
| Dec | 3.3 | 12.4 | 23.3 | 37.9 | 81.7 | 2.1 | 26.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Corryong Public swimming pool - Less than 10 KM
Corryong Golf Course - Less than 10 KM
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