Towong

Towong, VIC 3707 is a small suburb with a total population of 143 residents. The demographic skews towards older age groups, with a significant portion aged 45 years and over. The median mortgage repayment and rent are relatively affordable. The majority of residents commute by motor vehicle, while a notable percentage work from home. Given the small population and limited data available for houses and units, investors may need to conduct further research before considering property investment in Towong, VIC 3707. The high percentage of residents aged 45 years and over could indicate potential demand for downsizing options or rental properties catering to older demographics. Towong, VIC 3707 offers a quiet lifestyle with a focus on motor vehicle commuting and remote work opportunities. The suburb's affordability in terms of housing costs may appeal to both potential homeowners and investors looking to cater to the needs of an older population segment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022