All About Towong, VIC, 3707
Towong, a picturesque locality in Victoria near the border of New South Wales, offers a serene lifestyle that is deeply connected with nature and community. The housing market in Towong reflects its tranquil rural charm, with properties primarily consisting of spacious family homes, charming farmhouses, and expansive plots of land. The area is appealing to those who seek open spaces and a peaceful environment away from the hustle and bustle of city life. Housing prices in Towong are generally more affordable compared to urban areas, making it an attractive option for first-time homebuyers and those looking to invest in a quieter locale. Although the market may not be as dynamic as in metropolitan regions, the stability and unique offerings provide a sense of security for potential residents.
Living in Towong means enjoying the breathtaking natural beauty that surrounds the area, from the rolling hills and lush pastures to the nearby rivers and forests. The community is tight-knit, with a focus on agricultural activities, local events, and maintaining a laid-back lifestyle. Residents enjoy a slower pace of life, with plenty of opportunities for outdoor activities such as hiking, fishing, and exploring nature reserves. Despite its rural setting, Towong is reasonably accessible to larger towns like Corryong, which provide essential amenities and services. This blend of seclusion and accessibility makes Towong an ideal place for those who value privacy and nature, while still enjoying a sense of community and the convenience of nearby facilities.
Household Makeup
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Housing Stock
Local Internet Speeds
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Towong Real Estate Market Outlook
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.
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.
Instant Property ValuationLocal 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
General Points of Interest
Corryong Public swimming pool - Less than 10 KM
Corryong Golf Course - Less than 10 KM
Nearby Suburbs
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