$175 —
Lower than 81% of suburb / locality areas.
- 2016: $120
- 2021: $175
Median weekly rent paid by households renting their home.
Towong · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Towong, where a huge majority of residents own their homes. This is a place where 68.3% of dwellings are owned outright, far above the national figure of 31%.
All suburb / locality areas, 2021. The marker is Towong — lower than 81% of areas.
| Towong | $175 |
|---|---|
| 3707 crosses VIC/NSW | $200 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are just $175, which is far below the Victorian figure of $370. Similarly, the usual monthly home-loan payment of $1,083 is far below the national figure of $1,863.
$175 —
Lower than 81% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,083 —
Lower than 82% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Towong, Under $200 is the majority at 100%.
How homes are owned or rented.
Renters make up only 5% of households, a figure far below the 30.6% seen across Australia. This reflects a strong trend toward ownership, with 68.3% of homes owned outright.
5.0% —
Lower than 89% of suburb / locality areas.
Share of occupied private dwellings that are rented.
68.3% —
Higher than 98% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Towong, Owned outright is the majority at 71%; Owned with a mortgage is next at 19%.
Houses, townhouses, apartments and bedrooms.
Every single home in Towong is a separate house. These homes are often large, with 81.7% having three or more bedrooms, which is well above the Victorian figure of 74.1%.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
81.7% —
Higher than 56% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Towong, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (27%) and 2 bedrooms (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Towong [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22563/towong/topic/housing-dwellings