Sylvania - Taren Point
Statistical Area - sa2

An assessment of population growth drivers in Sylvania - Taren Point reveals an overall ranking slightly below national averages considering recent, and medium term trends

Sylvania - Taren Point's population is around 16,530 as of August 2025. This reflects an increase of 100 people since the 2021 Census, which reported a population of 16,430 people. The change was inferred from the estimated resident population of 16,537 in June 2024 and an additional 65 validated new addresses since the Census date. This level of population equates to a density ratio of 2,727 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Overseas migration primarily drove population growth during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilised NSW State Government's SA2 level projections released in 2022 with a base year of 2021. Growth rates by age group were applied to all areas for years 2032 to 2041. Based on the latest population numbers, the area is expected to grow by 1,520 persons to 2041, representing an increase of 9.2% over the 17-year period.

AreaSearch analysis of residential development drivers sees Sylvania - Taren Point recording a relatively average level of approval activity when compared to local markets analysed countrywide

Sylvania - Taren Point has recorded approximately 88 residential properties granted approval per year. Development approval data is produced by the ABS on a financial year basis, totalling 440 approvals across the past five financial years from FY-21 to FY-25, with 9 approvals so far in FY-26. The population has declined over recent years, suggesting new supply has kept pace with demand, offering buyers good choice while new homes are being built at an average expected construction cost value of $698,000, slightly above the regional average, indicating a focus on quality developments. In this financial year, $86.9 million in commercial approvals have been registered, suggesting robust local business investment.

Compared to Greater Sydney, Sylvania - Taren Point records about three-quarters the building activity per person and ranks among the 62nd percentile of areas assessed nationally. New building activity shows 19.0% standalone homes and 81.0% townhouses or apartments, reflecting a focus on higher-density living which creates more affordable entry points, suiting downsizers, investors, and first-home buyers. This represents a considerable change from the current housing mix of 64.0% houses, likely due to reduced availability of development sites and shifting lifestyle demands and affordability requirements. The location has approximately 242 people per dwelling approval, indicating a low density market. Looking ahead, Sylvania - Taren Point is expected to grow by 1,522 residents through to 2041.

Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Sylvania - Taren Point has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Eleven projects have been identified by AreaSearch as likely to impact the area, significantly influencing its performance. Key projects include 117-131 Taren Point Road Specialised Retail Development, Florida Street Affordable Housing, Frank Vickery Village Renewal, and Southgate Shopping Centre Expansion. The following list details those expected to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

AreaSearch analysis indicates Sylvania - Taren Point maintains employment conditions that align with national benchmarks

Sylvania - Taren Point has a well-educated workforce with professional services being strongly represented. Its unemployment rate is 3.2%.

In the past year, there has been an estimated employment growth of 2.8%. As of June 2025, 8,187 residents are employed while the unemployment rate is 0.9% lower than Greater Sydney's rate of 4.2%. Workforce participation in Sylvania - Taren Point lags behind Greater Sydney at 54.1%. The key industries of employment among residents are health care & social assistance, construction, and retail trade.

Construction shows notable concentration with employment levels at 1.3 times the regional average. Conversely, professional & technical services show lower representation at 9.3% compared to the regional average of 11.5%. The area appears to offer limited local employment opportunities as indicated by the count of Census working population versus resident population. Based on AreaSearch analysis of SALM and ABS data for the year to June 2025, employment levels increased by 2.8% and labour force increased by 3.2%, resulting in an unemployment rise of 0.4 percentage points. Greater Sydney recorded employment growth of 2.6%, labour force growth of 2.9%, with unemployment rising 0.3 percentage points. State-level data to Sep-25 shows NSW employment contracted by 0.41% (losing 19,270 jobs), with the state unemployment rate at 4.3%. This compares favourably to the national unemployment rate of 4.5%, lagging behind national employment growth of 0.26%. Jobs and Skills Australia's national employment forecasts from May 2025 suggest that while national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these projections to Sylvania - Taren Point's employment mix suggests local growth of approximately 6.7%% over five years and 13.5% over ten years.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

Sylvania - Taren Point has an extremely high national income level according to the latest ATO data aggregated by AreaSearch for financial year 2022. The median income among taxpayers is $55,451 and the average income stands at $88,050. These figures compare to Greater Sydney's median of $56,994 and average of $80,856 respectively. Based on Wage Price Index growth of 10.6% since financial year 2022, current estimates for March 2025 would be approximately $61,329 (median) and $97,383 (average). According to the 2021 Census, household, family and personal incomes in Sylvania - Taren Point cluster around the 63rd percentile nationally. Income distribution shows that 27.8% of residents (4,595 people) fall into the $1,500 - 2,999 bracket, mirroring regional levels where 30.9% occupy this bracket. Sylvania - Taren Point demonstrates considerable affluence with 32.7% earning over $3,000 per week, supporting premium retail and service offerings. High housing costs consume 16.9% of income, though strong earnings still place disposable income at the 65th percentile nationally. The area's SEIFA income ranking places it in the 8th decile.

Sylvania - Taren Point displays a diverse mix of dwelling types, with above-average rates of outright home ownership

The latest Census evaluation shows that in Sylvania - Taren Point, 63.5% of dwellings are houses, with the remaining 36.6% being semi-detached, apartments, or other types. This contrasts with Sydney metro's 52.4% houses and 47.6% other dwellings. Home ownership in Sylvania - Taren Point stands at 44.6%, with mortgaged properties at 36.2% and rented dwellings at 19.2%. The median monthly mortgage repayment in the area is $2,817, higher than Sydney metro's average of $2,774. Meanwhile, the median weekly rent figure is $550, compared to Sydney metro's $500. Nationally, Sylvania - Taren Point's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are substantially above the national figure of $375.

Sylvania - Taren Point has a typical household mix, with a higher-than-average median household size

Family households account for 75.5% of all households, including 36.8% couples with children, 27.8% couples without children, and 10.2% single parent families. Non-family households make up the remaining 24.5%, consisting of 22.9% lone person households and 1.6% group households. The median household size is 2.6 people, which is larger than the Greater Sydney average of 2.5.

The educational profile of Sylvania - Taren Point exceeds national averages, with above-average qualification levels and academic performance metrics

In Sylvania-Taren Point, 28.5% of residents aged 15 and above hold university degrees, compared to Greater Sydney's 38.0%. This indicates potential for educational development. Bachelor degrees are the most common (20.1%), followed by postgraduate qualifications (6.4%) and graduate diplomas (2.0%). Vocational credentials are also prevalent, with 34.7% of residents aged 15 and above holding them - advanced diplomas at 13.3% and certificates at 21.4%.

Educational participation is high, with 27.5% of residents currently enrolled in formal education: 9.3% in primary, 8.1% in secondary, and 4.8% in tertiary education. The region's four schools have a combined enrollment of 1,517 students. Sylvania-Taren Point has above-average socio-educational conditions (ICSEA: 1050). There are three primary and one secondary school serving distinct age groups. School places per 100 residents stand at 9.2, below the regional average of 13.9, suggesting some students may attend schools in adjacent areas.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Public transport analysis in Sylvania - Taren Point shows 86 active transport stops currently operating. These are served by a mix of buses along 29 individual routes, collectively providing 1,440 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 156 meters from the nearest stop.

Service frequency averages 205 trips per day across all routes, equating to approximately 16 weekly trips per individual stop.

Health outcomes in Sylvania - Taren Point are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts

Sylvania - Taren Point shows below-average health outcomes, with common conditions slightly more prevalent than average across all age groups. Private health cover is exceptionally high at approximately 64%, compared to the national average of 55.3%.

The most common conditions are arthritis (9.3%) and mental health issues (5.6%), while 69.7% report no medical ailments, slightly lower than Greater Sydney's 72.3%. The area has a higher proportion of residents aged 65 and over at 27.0%, compared to Greater Sydney's 21.1%. Health outcomes among seniors are above average, broadly in line with the general population's health profile.

Sylvania - Taren Point was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Sylvania-Taren Point has a higher cultural diversity than most local markets, with 27.0% of its population born overseas and 29.7% speaking a language other than English at home. Christianity is the predominant religion in Sylvania-Taren Point, composing 69.0%, compared to 61.2% across Greater Sydney as of the latest data (2021). The top three ancestry groups are English (21.7%), Australian (19.1%), and Other (10.1%).

Notably, Greek (9.0%) and Macedonian (2.3%) ethnicities are overrepresented compared to regional averages of 3.2% and 0.7%, respectively. Lebanese ethnicity also stands out at 2.1%, higher than the regional average of 0.8%.

Sylvania - Taren Point hosts an older demographic, ranking in the top quartile nationwide

The median age in Sylvania - Taren Point is 46 years, which is notably higher than Greater Sydney's average of 37 years and also exceeds Australia's median age of 38 years. Compared to the Greater Sydney average, the 75-84 age cohort is significantly overrepresented at 10.8% locally, while the 25-34 age group is underrepresented at 8.8%. According to the 2021 Census, the population of those aged 15 to 24 has grown from 10.9% to 12.3%, whereas the 5 to 14 cohort has declined from 11.8% to 10.8%. Population forecasts for 2041 indicate substantial demographic changes in Sylvania - Taren Point, with the 85+ age group projected to grow significantly by 834 people (an increase of 85%), reaching a total of 1,821 individuals. The aging population trend is evident, as those aged 65 and above are expected to comprise 85% of the projected growth. Conversely, the 25-34 and 0-4 age cohorts are anticipated to experience population declines.