Real Estate Towan Vic 3596

Real Estate Market: Is Towan VIC 3596 a Good Suburb to Buy Into?

Housing Market in Towan

Key Towan Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2006 - 2023

	Field	Value	VS North West Vic	Trend
	Capital Growth Forecast: Houses	Premium	Premium	Premium
	Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium

Housing Supply in Towan

Towan Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023

Towan

71.3%

North West Vic

35.2%

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Suburbs

Field	Value	VS North West Vic	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	14.1	Top 12%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	0	Bottom 24%	Data for Apr 2025

Housing Stock Quality in Towan

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023

Field	Value	VS North West Vic	Trend
Houses	100.0%	Top 31%	Data for Jan 2016
Average bedrooms - all homes	2.8	Top 23%	to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Towan

Towan Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Towan

21.1%

North West Vic

28.7%

Compare
Suburbs

	Field	Value	VS North West Vic	Trend
	Heritage overlay total area	0.0 sq km	Top 44%	Data for Jun 2023

Risk in Towan

Towan Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Towan

42.8%

North West Vic

53.9%

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Housing Affordability Index	18	Bottom 6%	Data for Jun 2023
Rent Affordability Index (Houses)	89	Top 2%	Data for Jun 2023
Rent Affordability Index (Units)	87	Top 2%	Data for Jun 2023
Mortgage as a percent of income	0.0%	Bottom 6%	Data for Jan 2021

Housing Demand in Towan

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN and Microburbs, 2006 - 2030

Towan

39.6%

North West Vic

45.0%

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	5840	Bottom 19%	9% to Dec 2036
Historical Population (SA3)	37700	Bottom 21%	5% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	20400	Top 42%	2% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium

LGA Details (1)

Headline	Place	Datetime
Local government area	Swan Hill

Turnover Rate by Street (5)

Turnover rate	Street	Turnover Label	Turnover Years	Year
200.0%	Pearse Lake Rd	very high turnover	Every 5.0 years (very high turnover)	2025
100.0%	Nyrraby Rd	high turnover	Every 10.0 years (high turnover)	2025
100.0%	Yarraby Rd	high turnover	Every 10.0 years (high turnover)	2025
100.0%	Curran Rd	high turnover	Every 10.0 years (high turnover)	2025
200.0%	Watson Rd	very high turnover	Every 5.0 years (very high turnover)	2025

Recently Sold Houses (1)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Subdivisible into	Sale Type
1708 Yarraby Rd	Price Withheld	3.0			23 Feb 2023	0	On Market

Percent of Renters by Street (6)

Percent of Renters	Street
0.0%	Cocamba-Miralie Rd
0.0%	Curran Rd
0.0%	Nyrraby Rd
0.0%	Pearse Lake Rd
0.0%	Watson Rd

Median House Sale Prices by Street (39)

Street	Date	Median sale value
Pearse Lake Rd	30 Jun 2024	4068000.0
Pearse Lake Rd	30 Jun 2024	4068000.0
Pearse Lake Rd	31 Jul 2024	4070000.0
Pearse Lake Rd	31 Jul 2024	4070000.0
Pearse Lake Rd	31 Aug 2024	4071000.0

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