The size of Towong is approximately 76.9 square kilometres. It has 3 parks covering nearly 49.5% of total area. The population of Towong in 2011 was 1,441 people. By 2016 the population was 109 showing a population decline of 92.4% in the area during that time. The predominant age group in Towong is 60-69 years. Households in Towong are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Towong work in a managers occupation. In 2011, 66.8% of the homes in Towong were owner-occupied compared with 90.4% in 2016..
Towong has 111 properties. Over the last 5 years, Houses in Towong have seen a 87.18% increase in median value. As at 31 October 2024:
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