micromarkets

Tower Hill, VIC 3283

Property data updated July 202683 residents

Last 12 months snapshot

No recorded sales or leases · Census profile below · Refreshed July 2026

Tower Hill, VIC 3283 property snapshot

No sales or leases — houses or units — were recorded in Tower Hill, VIC 3283 in the last 12 months, so there is no recent market figure to report. It is home to about 83 residents.

For a fuller picture of Tower Hill, the resident profile below is drawn from the most recent Census.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Tower Hill demographics & population

Population

Median age

45yrs

Avg household

2.8people

Male · Female

42% · 58%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

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Census · ABS 2021

Who lives in Tower Hill?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex42 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

1.8 people / household0.4 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens100%

Birthplace diversity5%

Chance two random residents were born in different countries

Language diversity-14%

Chance two random residents speak different languages at home

Religious diversity16%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only100%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

100%

Both parents overseas50%One parent overseas50%Both parents in Australia100%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Arrival timeline not available yet.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Tower Hill

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rent—

Median monthly mortgage—

Rent stress (rent ÷ income)—

Mortgage stress (repay ÷ income)—

High mortgage (≥$3k/mo)—

Social housing—

Unoccupied on census night—

Large dwellings (4+ bed)—

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Tower Hill

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal income—

Median family income—

Managers & professionals—

High earners (≥$2k/wk)—

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionals—

Clerical & admin—

Community & personal service—

Sales workers—

Technicians, trades & labourers—

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 2.8× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workers—

Part-time workers—

Unemployment rate—

Not in labour force—

Labour-force participation—

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Tower Hill

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to work—

Walked or cycled to work—

Worked from home—

No motor vehicle—

Vehicles per dwelling—

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Tower Hill

No school inside Tower Hill itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Tower Hill0schools in the suburb itself

Primary schools0within 5 km · nearest 8.8 km

Secondary schools0within 5 km · nearest 8.8 km

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within0 schools

No schools within 5 km — widen the radius.

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ years—

Moved in past year—

Arrived from overseas (5 yr)—

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Tower Hill median house price & rent

Headline price, rent, yield and time on market for Tower Hill — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

—

Days on marketⓘLast 12 months

—

SoldⓘLast 12 months

—

Months of supplyⓘLast 12 months

—

Median rentⓘLast 12 months

—

Days to leaseⓘLast 12 months

—

LeasedⓘLast 12 months

—

Gross yieldⓘLast 12 months

—

Data confidenceSales sample0Too thinLease sample0Too thinThin samples can swing month-to-month — treat single-figure deltas with care.

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed0 sales · 0 leases

—

Houses · 3 bed0 sales · 0 leases

—

Houses · 4 bed0 sales · 0 leases

—

Units · 1 bed0 sales · 0 leases

—

Units · 2 bed0 sales · 0 leases

—

Units · 3 bed0 sales · 0 leases

—

All houses

—

All units

—

Where each segment ranks

Tower Hill property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

0/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

0/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

1 nearby suburb · 10km · Total house · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

42 / 100vs VIC

Days on market

16 days▲ +3 days YoY

Median price

$534k▲ +6.0% YoY

Sold (last year)

30▲ +14.8% YoY

weakSales market velocityhow strong sales demand isstrong

Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Tower Hill against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Tower Hill in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

2 peer suburbs · 10km · Total house

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

0 / 100vs Australia

Days on market

81 days—

Median price

—▲ +29.0% YoY

Sold (last year)

—▲ +143.0% YoY

Gross yield

5.00%

Nearby suburb

Demand index

33 / 100vs Australia

Days on market

16 days▲ +3 days YoY

Median price

$534k▲ +6.0% YoY

Sold (last year)

30▲ +14.8% YoY

Gross yield

3.56%

Tower Hill · this suburb

Demand index

1 / 100vs Australia

Days on market

122 days—

Median price

—▲ +35.0% YoY

Sold (last year)

—▲ +162.0% YoY

Gross yield

6.00%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Segment	Band	Months of supply left	YoY	Listed	Sold	Per month

median

Rental market

Segment	Band	Months of supply left	YoY	Listed	Leased	Per month

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Tower Hill — Units & Houses, all bedrooms

Jul 2021 – Jan 2025 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Tower Hill median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Property

Bedrooms

Median price

No data

Total sales (trailing year)

Jan 2025

1-50.0%

5y median 1vs last year 2

Days on market (trailing year)

Jan 2025

78 days-42

5y median 78 daysvs last year 120 days

Median rent

No data

Total leases

No data

Days on market (rental)

No data

Gross yield (trailing year)

Mar 2026

2.93%-1.04 pt

5y median 3.19%vs last year 3.97%

Months of supply

Jan 2025

0.0 months-100.0%

5y median 0.0 monthsvs last year 5.0 months

Months of supply (rental)

No data

Nearby markets

Suburbs near Tower Hill: prices compared

The nearest suburbs to Tower Hill, ranked by distance — each lined up against Tower Hill on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketTower HillVIC 3283 · Houses · Total

Price—

DOM—

Sold—

5 markets within 5kmLast 12 months

KillarneyVIC 32832.6kmHouses · Total

Price$361k

DOM71 days

Sold3

CrossleyVIC 32832.9kmHouses · Total

Price—

DOM81 days

Sold—

KoroitVIC 32823.2kmHouses · Total

Price$534k

DOM16 days

Sold30

IllowaVIC 32823.4kmHouses · Total

Price$852k

DOM27 days

Sold3

Southern CrossVIC 32834.0kmHouses · Total

Price$529k

DOM29 days

Sold1

Stat colourHow each suburb's stat compares to Tower Hill

Much lowerLowerSimilarHigherMuch higher

Market data

Frequently asked · Tower Hill

8 data-driven answers about Tower Hill's property market — every one computed from the metrics above.

About the area

Population, income, who lives here, schools

What postcode is Tower Hill in?

Tower Hill is in postcode 3283, in the South West Coast region of VIC. Addresses there are written as Tower Hill, VIC 3283.

What is the population of Tower Hill?

Tower Hill, VIC 3283 is home to 42 residents (ABS Census 2021). The median resident age is 25, and the average household holds 1.8 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Tower Hill?

The median household in Tower Hill earns $2k per week — roughly $112k a year (ABS Census 2021). Median personal income runs $767/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Tower Hill?

The unemployment rate in Tower Hill is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Tower Hill?

Tower Hill is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Tower Hill?

Tower Hill has 20 schools within reach — including St Patrick's School, Koroit And District Primary School, St John's School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Tower Hill a good place to live?

Tower Hill, VIC 3283 has a population of 42, a median age of 25, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 20 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Tower Hill market data last updated?

This Tower Hill market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.