Travancore

Travancore has seen population growth performance typically on par with national averages when looking at short and medium term trends

The population of the suburb of Travancore is estimated at around 3,001 as of Feb 2026. This reflects an increase of 885 people since the 2021 Census, which reported a population of 2,116 people. The change is inferred from the resident population of 2,718 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 52 validated new addresses since the Census date. This level of population equates to a density ratio of 7,145 persons per square kilometer, which lies in the top 10% of national locations assessed by AreaSearch. The suburb's 41.8% growth since the 2021 census exceeded the national average (9.9%). Population growth was primarily driven by overseas migration that contributed approximately 88.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023, making adjustments employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Considering projected demographic shifts, an above median population growth is projected for the suburb, with an expected growth of 703 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 14.0% in total over the 17 years.

Recent residential development output has been above average within Travancore when compared nationally

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, indicates Travancore has seen approximately 69 new homes approved annually. Over the past five financial years, from FY-21 to FY-25, around 348 homes were approved, with one additional approval so far in FY-26. The population decline during this period suggests that new supply has likely kept pace with demand, offering buyers good choice.

New homes are being constructed at an average expected cost of $540,000, indicating developers target the premium market segment with higher-end properties. This financial year, $1.5 million in commercial approvals have been registered, reflecting the area's residential nature. Compared to Greater Melbourne, Travancore has 224.0% more new home approvals per person, creating greater choice for buyers. However, building activity has slowed in recent years. Nationally, this level of approval is substantially higher, suggesting strong developer confidence in the location. Recent construction comprises approximately 1.0% detached houses and 99.0% attached dwellings, focusing on higher-density living to provide more affordable entry points for downsizers, investors, and first-home buyers.

With around 55 people per dwelling approval, Travancore exhibits characteristics of a growth area. According to the latest AreaSearch quarterly estimate, Travancore is projected to add approximately 420 residents by 2041. Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Travancore has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch identified four projects that could impact this region: Flemington Green, Holland Court, Flemington housing, Flemington Estate Renewal (Public Housing Revitalisation Program), and Younghusband Kensington. The following details the most relevant ones.

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

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Travancore shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Travancore has a highly educated workforce with strong representation in professional services. Its unemployment rate was 11.2% as of the past year, with an estimated employment growth of 5.2%. As of December 2025, 1,571 residents were employed, while the unemployment rate stood at 6.5%, above Greater Melbourne's rate of 4.8%.

Workforce participation was broadly similar to Greater Melbourne's 71.3%. According to Census responses, 45.2% of residents worked from home. Key industries of employment among residents are health care & social assistance, professional & technical, and accommodation & food. The area has a particular specialization in professional & technical services, with an employment share of 1.5 times the regional level.

Manufacturing is under-represented, with only 3.4% of Travancore's workforce compared to 7.2% in Greater Melbourne. Many residents commute elsewhere for work based on Census data. In the 12-month period ending May-25, employment increased by 5.2% alongside labour force growth of 5.0%, leaving unemployment broadly flat. National employment forecasts suggest a 6.6% expansion over five years and 13.7% over ten years. Applying these projections to Travancore's employment mix indicates local employment should increase by 7.3% over five years and 14.7% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

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

AreaSearch's latest postcode level ATO data for financial year 2023 shows Travancore suburb has high incomes. Median is $70,309, average is $90,737. Melbourne's median income is $57,688, average is $75,164. By September 2025, estimates based on Wage Price Index growth of 8.25% are approximately $76,109 (median) and $98,223 (average). Census data shows individual earnings rank at the 81st percentile nationally ($1,027 weekly), household income ranks at the 46th percentile. Income range of $1,500 - 2,999 covers 38.2% of population (1,146 individuals). Housing affordability pressures are severe; only 82.7% of income remains, ranking at the 46th percentile. Travancore's SEIFA income rank is in the 8th decile.

Travancore features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Travancore's dwelling structure in its latest Census report showed 15.2% houses and 84.8% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Travancore stood at 16.7%, with mortgaged dwellings at 25.8% and rented ones at 57.5%. The median monthly mortgage repayment was $1,513, lower than Melbourne metro's $2,000. Median weekly rent was $351 in Travancore, compared to Melbourne metro's $390. Nationally, Travancore's mortgage repayments were below the Australian average of $1,863, and rents were less than the national figure of $375.

Travancore features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households comprise 49.2% of all households, including 12.5% couples with children, 28.2% couples without children, and 5.9% single parent families. Non-family households account for the remaining 50.8%, with lone person households at 41.8% and group households comprising 8.7%. The median household size is 1.9 people, which is smaller than the Greater Melbourne average of 2.6.

Educational achievement in Travancore places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Travancore's educational attainment exceeds broader benchmarks significantly. Among residents aged 15 and above, 59.6% hold university qualifications, compared to 30.4% in Australia and 33.4% in VIC. This high level of educational attainment positions the area favourably for knowledge-based opportunities. Bachelor degrees are most common at 35.2%, followed by postgraduate qualifications (20.6%) and graduate diplomas (3.8%).

Vocational pathways account for 18.6% of qualifications among those aged 15 and above, with advanced diplomas making up 8.8% and certificates 9.8%. Educational participation is notably high in Travancore, with 30.2% of residents currently enrolled in formal education. This includes 16.2% in tertiary education, 4.1% in primary education, and 2.4% pursuing secondary education.

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

Travancore has four operational public transport stops offering lightrail services. These stops are served by one route in total, facilitating 2,035 weekly passenger trips combined. The area's transport accessibility is rated excellent, with residents typically residing 184 meters from the nearest stop. Predominantly residential, most commuters travel outward. Cars remain the primary mode of transport at 56%, followed by trains at 12% and walking at 5%. On average, there are 0.5 vehicles per dwelling, below the regional norm.

According to the 2021 Census, a high 45.2% of residents work from home, potentially due to COVID-19 conditions. Service frequency averages 290 trips daily across all routes, equating to around 508 weekly trips per individual stop.

Travancore's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics indicates robust performance across Travancore. Mortality rates and chronic condition prevalence were low among both young and old age cohorts. Private health cover was exceptionally high at approximately 63% of the total population (1,877 people), compared to 56.7% in Greater Melbourne and a national average of 55.7%.

The most prevalent medical conditions were mental health issues (11.3%) and asthma (7.8%). A majority, 73.3%, reported no medical ailments, slightly higher than the 72.6% across Greater Melbourne. Health outcomes for those under 65 were better than average. The area had 11.8% of residents aged 65 and over (354 people), lower than the 15.1% in Greater Melbourne. Senior health outcomes aligned with national rankings, mirroring those of the general population.

Travancore is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Travancore has high cultural diversity, with 39.3% speaking a language other than English at home and 45.9% born overseas. Christianity is the main religion, comprising 29.4%. Hinduism is overrepresented at 7.5%, compared to Greater Melbourne's 4.4%.

The top ancestry groups are English (17.7%), Other (16.5%), and Australian (14.6%). Notably, Indian (5.8% vs regional 4.2%), Spanish (0.7% vs 0.4%) and Italian (5.5% vs 5.2%) are overrepresented.

Travancore's young demographic places it in the bottom 15% of areas nationwide

Travancore's median age is 34 years, which is lower than Greater Melbourne's average of 37 years and Australia's average of 38 years. Compared to Greater Melbourne, Travancore has a higher proportion of residents aged 25-34 (31.2%) but fewer residents aged 5-14 (4%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. Between the 2021 Census and now, the proportion of residents aged 15-24 has increased from 14.1% to 16.1%, while the proportion of those aged 55-64 has risen from 7.5% to 9.3%. Conversely, the proportion of residents aged 25-34 has decreased from 33.2% to 31.2%, and the proportion of those aged 35-44 has dropped from 17.7% to 15.9%. Population forecasts for Travancore in 2041 indicate substantial demographic changes, with the strongest projected growth in the 55-64 age group (45%), adding 125 residents to reach a total of 405. Conversely, population declines are projected for the 15-24 and 0-4 age groups.