Travancore

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

The population of Travancore, as estimated based on ABS updates and AreaSearch validations, is approximately 3,629 as of November 2025. This figure represents a significant increase from the 2021 Census population of 2,116 people, marking a growth of 1,513 individuals (71.5%). The latest estimated resident population (ERP) for Travancore is 3,464, derived from AreaSearch's analysis of ABS data released in June 2024 and validated new addresses since the Census date. This high population density translates to around 8,640 persons per square kilometer, placing Travancore within the top 10% of locations assessed by AreaSearch nationally. The suburb's substantial growth rate exceeds the national average of 8.9%, demonstrating its status as a regional growth leader. Overseas migration contributed significantly to this population increase, accounting for approximately 88.0% of overall gains during recent periods.

AreaSearch employs ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, to forecast future demographic trends. For areas not covered by this data, AreaSearch utilizes the VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these projections, Travancore is expected to experience above median population growth among statistical areas analysed by AreaSearch. By the year 2041, the suburb's population is projected to increase by 409 persons from its current level, reflecting an overall reduction of approximately 21.6% over the 17-year period.

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

AreaSearch analysis of ABS building approval numbers in Travancore shows approximately 81 new homes approved annually. Over the past five financial years, from FY21 to FY25, around 405 homes were approved, with one more approved so far in FY26.

Despite a falling population during this period, the new supply has likely kept pace with demand, providing good options for buyers. The average construction cost value of new homes is $540,000. Compared to Greater Melbourne, Travancore has 289.0% more development activity per person. This high level suggests strong developer confidence in the location, which is significantly higher than the national average. New building activity comprises 1.0% standalone homes and 99.0% medium and high-density housing, indicating a trend towards denser development that caters to downsizers, investors, and entry-level buyers. The location has about 33 people per dwelling approval, reflecting an expanding market.

With population expected to remain stable or decline in the future, Travancore may experience reduced pressure on housing, potentially creating opportunities for buyers.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified three projects that could impact the area. Major projects include Flemington Green, Flemington Estate Renewal under the Public Housing Revitalisation Program, and Holland Park Precinct Redevelopment. Additionally, Younghusband Kensington is a key project. The following details those most relevant:.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment performance in Travancore has been below expectations when compared to most other areas nationally

Travancore has a highly educated workforce with strong representation in professional services. Its unemployment rate was 12.2% as of June 2025.

Employment growth over the past year was estimated at 4.6%. In comparison to Greater Melbourne's rate of 4.6%, Travancore's unemployment rate is higher by 7.6 percentage points, indicating room for improvement. Workforce participation in Travancore is well beyond standard, at 72.1% compared to Greater Melbourne's 64.1%. Employment among residents is concentrated in health care & social assistance, professional & technical services, and accommodation & food.

Notably, the area has a high concentration of employment in professional & technical services, with levels at 1.5 times the regional average. Conversely, manufacturing employs only 3.4% of local workers, lower than Greater Melbourne's 7.2%. Many residents commute elsewhere for work, as indicated by the count of Census working population to local population. Over the 12 months to June 2025, employment in Travancore increased by 4.6%, while labour force grew by 7.5%. This resulted in an unemployment rise of 2.4 percentage points. In contrast, Greater Melbourne recorded employment growth of 3.5%, labour force growth of 4.0%, and an unemployment increase of 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 provide insights into potential future demand within Travancore. These projections estimate national employment expansion at 6.6% over five years and 13.7% over ten years, with varying growth rates across industry sectors. Applying these projections to Travancore's employment mix suggests local employment should increase by 7.3% over five years and 14.7% over ten years. However, it is important to note that this extrapolation does not take into account localised population projections.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

Travancore had a median taxpayer income of $70,309 and an average income of $90,737 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. These figures are among the highest in Australia. In comparison, Greater Melbourne had a median income of $54,892 and an average income of $73,761 during the same period. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Travancore would be approximately $78,859 (median) and $101,771 (average) as of September 2025. According to Census 2021 income data, individual earnings in Travancore stood out at the 81st percentile nationally ($1,027 weekly), but household income ranked lower at the 46th percentile. Income analysis revealed that the $1,500 - 2,999 earnings band captured 38.2% of the community (1,386 individuals). Housing affordability pressures were severe, with only 82.7% of income remaining after housing costs, ranking at the 46th percentile nationally. The area's SEIFA income ranking placed it in the 9th 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 at the latest Census showed 15.2% houses and 84.8% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Melbourne metro's 42.6% houses and 57.4% 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 $2,200. The median weekly rent in Travancore was $351, compared to Melbourne metro's $370. 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 constitute 49.2 percent of all households, including 12.5 percent couples with children, 28.2 percent couples without children, and 5.9 percent single parent families. Non-family households account for the remaining 50.8 percent, with lone person households at 41.8 percent and group households comprising 8.7 percent of the total. The median household size is 1.9 people, which is smaller than the Greater Melbourne average of 2.3.

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

Educational attainment in Travancore is notably high, with 59.6% of residents aged 15 and above holding university qualifications. This exceeds the national average of 30.4% and the Victorian average of 33.4%. The area's educational advantage is reflected in its knowledge-based opportunities. Bachelor degrees are the 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 high, 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. Travancore School and Flemington Primary School serve a total of 359 students. The area demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1138. Educational provision follows conventional lines, split between one primary and one secondary institution. School places per 100 residents (9.9) are below the regional average (12.4), suggesting some students may attend schools in adjacent areas. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.

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

Transport analysis indicates six active stops operating in Travancore. These stops offer a mix of light rail services. Two routes service these stops, collectively providing 858 weekly passenger trips.

Transport accessibility is rated excellent with residents typically located 183 meters from the nearest stop. Service frequency averages 122 trips per day across all routes, equating to approximately 143 weekly trips per individual stop.

Travancore's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Travancore shows excellent health outcomes, with low prevalence rates for common conditions across all age groups. Approximately 63% of Travancore's total population (2,270 people) has private health cover, compared to Greater Melbourne's 67.2%. Nationally, this figure stands at 55.3%.

Mental health issues and asthma are the most prevalent conditions in Travancore, affecting 11.3% and 7.8% of residents respectively. A total of 73.3% of residents claim to be free from medical ailments, compared to Greater Melbourne's 72.0%. The area has a lower proportion of seniors aged 65 and over at 9.2% (333 people), compared to Greater Melbourne's 16.0%. Health outcomes among seniors in Travancore are strong, mirroring the overall population's health profile.

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's cultural diversity is notable, with 39.3% speaking a language other than English at home and 45.9% born overseas. Christianity is the predominant religion, comprising 29.4%. Hinduism, however, is overrepresented compared to Greater Melbourne, making up 7.5% versus 3.0%.

The top three ancestry groups are English (17.7%), Other (16.5%), and Australian (14.6%). Indian (5.8%) and Spanish (0.7%) are notably overrepresented, while Italian is underrepresented at 5.5% compared to the regional figure of 10.2%.

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

Travancore's median age is 32 years, which is younger than Greater Melbourne's average of 37 years and significantly lower than the national average of 38 years. Compared to Greater Melbourne, Travancore has a higher percentage of residents aged 25-34 (34.8%) but fewer residents aged 5-14 (3.4%). This concentration of 25-34 year-olds is well above the national average of 14.5%. According to post-2021 Census data, the percentage of residents aged 15-24 has grown from 14.1% to 16.0%, while the percentage of those aged 25-34 has increased from 33.2% to 34.8%. Conversely, the percentage of residents aged 45-54 has declined from 9.3% to 7.5%, and the percentage of those aged 5-14 has dropped from 4.8% to 3.4%. Demographic modeling suggests that Travancore's age profile will change significantly by 2041, with the strongest projected growth in the 75-84 cohort (25%), adding 24 residents to reach 122. Residents aged 65 and older are expected to represent 75% of the population growth, while declines are anticipated for the 65-74 and 0-4 age cohorts.