$1,408 —
Lower than 64% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Towong Upper · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A gap of over $450 exists between typical monthly mortgage payments in Towong Upper and the national figure. This area is significantly more affordable than most other parts of the country, with few people sharing bedrooms in each home.
Rents, mortgages and crowding.
Typical monthly home-loan payments are $1,408, which is well below the Victorian figure of $1,859 and the national average of $1,863.
$1,408 —
Lower than 64% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 75%, ahead of Owned with a mortgage (42%).
In Towong Upper, Owned outright is the majority at 64%; Owned with a mortgage is next at 36%.
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than in most areas, with only 0.70 people per bedroom compared to the typical 0.80 across Australia and Victoria.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Towong Upper, Separate house is the majority at 100%.
In Towong Upper, 3 bedrooms is the majority at 57%; 4 bedrooms is next at 43%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Towong Upper [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22564/towong-upper/topic/housing-dwellings