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Timboon suburb profile

Timboon is a small rural service town in south-west Victoria set among rolling dairy country and grazing farms, within easy reach of the coastal attractions of the Great Ocean Road region. The town has a compact main street with essential shops, a pub and community facilities that support farming families and people seeking a quieter lifestyle. Housing mixes weatherboard cottages and brick homes on modest town blocks with larger rural properties and hobby farms on the outskirts. Local life revolves around agriculture, volunteer sporting clubs and occasional community events, while regional roads connect Timboon to nearby service centres and visitor routes.

Timboon property market performance

Timboon has relatively few recent property sales, so there isn't enough data to publish a reliable median price for houses or units. The figures that are available show house values are up a solid 8.2% over the last 12 months.

Over the past 3 months, 7 houses have sold. Houses had a median time on market of 83 days over the last 12 months.

The rental market in Timboon shows house rents averaging $415 a week.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
8.2%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
83N/A
Average rent
Past 12 months
$415N/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Timboon demographics

The family profile is dominated by couples without children, who make up nearly half of families at 47.6%. Couple families with children account for 34.9%, one-parent families 16.6% and other families 0.9%.

Timboon is a community of 1,250 people with a median age of 47. The median total household income is $1,237 a week, roughly $64,324 a year.

Homes in Timboon are mostly owner-occupied: owned outright make up 50.9% and owned with a mortgage 31.1%, a combined owner-occupied share of 82.0%, while renters comprise 18.1% of dwellings.

Suburbs near Timboon

Some popular suburbs near Timboon include:

How does Timboon compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Timboon have grown 29.2% higher than in Peterborough.
  • Selling speed for houses: Properties in nearby Cobden are selling 34.9% faster than in Timboon.

Choose the right real estate agents in Timboon

There are 6 real estate agents in Timboon, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 97.1% of all sales in the past year.

Commission rates in Timboon typically range from 2% to 2.75%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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