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 the suburb of Travancore is estimated at around 2,146 as of May 2026. This reflects an increase of 30 people since the 2021 Census, which reported a population of 2,116 people. The change is inferred from AreaSearch's estimation of the resident population based on the latest ERP data release by the ABS in June 2025 and an additional 52 validated new addresses since the Census date. This level of population results in a density ratio of 5,109 persons per square kilometer, placing Travancore in the top 10% of national locations assessed by AreaSearch. Overseas migration contributed approximately 88.0% of overall population gains during recent periods for the suburb.

Population projections for Travancore are based on ABS/Geoscience Australia data released in 2024 with a base year of 2022, and for areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections from 2023 with adjustments made employing a method of weighted aggregation. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the suburb is projected to have an above median population growth, expanding by 307 persons and recording a gain of 14.3% in total over the 16-year period.

AreaSearch assessment of residential approval activity sees Travancore among the top 30% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, shows Travancore has seen approximately 69 new homes approved each year over the past five financial years, totalling an estimated 348 homes. So far in FY-26, one approval has been recorded. On average, about 0.6 new residents per year have arrived for each new home built between FY-21 and FY-25, indicating that new supply is keeping pace with or exceeding demand. The average construction cost value of new properties is $540,000, suggesting developers are focusing on the premium market with high-end developments.

This financial year has seen $1.5 million in commercial approvals, indicating minimal commercial development activity compared to Travancore's population size. Compared to Greater Melbourne, Travancore has 261.0% more development activity per person, offering buyers greater choice. However, development activity has moderated in recent periods. This activity is well above average nationally, reflecting strong developer confidence in the area. New building activity shows 1.0% standalone homes and 99.0% medium and high-density housing, suggesting a skew toward compact living that offers affordable entry pathways for downsizers, investors, and first-time purchasers. With around 60 people per dwelling approval, Travancore exhibits characteristics of a low density area.

Looking ahead, AreaSearch's latest quarterly estimate projects Travancore to grow by approximately 307 residents through to 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 has identified five projects that could impact this region. Key projects are Holland Court, Flemington housing, Flemington Estate Renewal (Public Housing Revitalisation Program), Younghusband Kensington, and Victoria Street Flemington Public Housing Redevelopment. The following list 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.

AreaSearch analysis reveals Travancore recording weaker employment conditions than most comparable areas nationwide

Travancore has a highly educated workforce with strong representation in professional services. The unemployment rate was 11.2% as of December 2025. Employment growth over the past year was estimated at 4.1%.

As of December 2025, 1,512 residents were employed while the unemployment rate was 6.4%, above Greater Melbourne's rate of 4.8%. Workforce participation in Travancore was 84.9% compared to Greater Melbourne's 69.9%. According to Census responses, 45.2% of residents worked from home. Leading employment industries were health care & social assistance, professional & technical, and accommodation & food.

Professional & technical services had employment levels at 1.5 times the regional average. Manufacturing employed just 3.4% of local workers, below Greater Melbourne's 7.2%. Many residents commuted elsewhere for work based on Census data. In the 12-month period ending December 2025, employment increased by 4.1% and labour force increased by 4.2%, keeping unemployment relatively stable at 6.4%. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. 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, based on a simple weighting extrapolation for illustrative purposes.

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

Travancore suburb has one of Australia's highest incomes according to AreaSearch's aggregation of latest ATO data for financial year 2023. Its median taxpayer income is $70,309 and average income stands at $90,737, compared to Greater Melbourne's $57,688 and $75,164 respectively. With a Wage Price Index growth of 9.62% since financial year 2023, estimated incomes as of March 2026 are approximately $77,073 (median) and $99,466 (average). Census data from 2021 shows individual earnings at the 81st percentile nationally ($1,027 weekly), while household income ranks at the 46th percentile. Income brackets indicate that 38.2% of Travancore's community earns $1,500 - $2,999 (819 individuals). Housing affordability is severe, with only 82.7% of income remaining after housing costs, ranking at the 46th percentile. The suburb's SEIFA income ranking places it 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 structures, as per the latest Census, consisted of 15.2% houses and 84.8% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. In contrast, Melbourne metro had 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. Weekly rent median was $351 compared to Melbourne metro's $390. Nationally, Travancore's mortgage repayments were significantly lower than 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% of all households, including 12.5% couples with children, 28.2% couples without children, and 5.9% single parent families. Non-family households comprise 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

Educational attainment in Travancore is notably high, with 59.6% of residents aged 15+ holding university qualifications as of the latest available data. This compares favourably to national figures: Australia has 30.4%, and Victoria (VIC) has 33.4%. The area's educational advantage is evident in its distribution of qualifications: Bachelor degrees are most prevalent at 35.2%, followed by postgraduate qualifications at 20.6% and graduate diplomas at 3.8%. Vocational pathways account for 18.6% of qualifications among those aged 15+, with advanced diplomas at 8.8% and certificates at 9.8%.

Educational participation is high, with 30.2% of residents currently enrolled in formal education as of the latest data provided. 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 active public transport stops operating, offering light rail services. These stops are served by one route collectively facilitating 2035 weekly passenger trips. Transport accessibility is rated excellent with residents typically located 184 meters from the nearest stop. In this predominantly residential area, most commuters travel outward. Cars remain the primary mode of transport at 56%, followed by trains at 12% and walking at 5%. Vehicle ownership averages 0.5 per dwelling, below the regional average.

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

Travancore's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics indicates robust performance across Travancore. Mortality rates and chronic condition prevalence were very low across all age groups. Private health cover was exceptionally high at approximately 63% of the total population (1,342 people), compared to 56.7% in Greater Melbourne and a national average of 55.7%.

Mental health issues impacted 11.3% of residents, while asthma affected 7.8%. A total of 73.3% declared themselves completely clear of medical ailments, slightly higher than the 72.6% across Greater Melbourne. The under-65 population demonstrated better than average health outcomes. The area had 9.2% of residents aged 65 and over (197 people), lower than the 15.0% in Greater Melbourne. Health outcomes among seniors were particularly strong, aligning with national rankings for 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 a high level of cultural diversity, with 39.3% of its population speaking a language other than English at home and 45.9% born overseas. Christianity is the main religion in Travancore, comprising 29.4% of people. Hinduism is overrepresented in Travancore compared to Greater Melbourne, making up 7.5% versus 4.4%.

The top three ancestry groups are English at 17.7%, Other at 16.5%, and Australian at 14.6%. Indian (5.8%), Spanish (0.7%), and Italian (5.5%) ethnic groups are notably divergent in representation compared to regional percentages of 4.2%, 0.4%, and 5.2% respectively.

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

Travancore's median age stands at 32 years, notably younger than Greater Melbourne's average of 37 and the national average of 38. Compared to Greater Melbourne, Travancore has a higher proportion of residents aged 25-34 (35.1%), but fewer residents aged 5-14 (3.5%). This concentration of 25-34 year-olds is significantly higher than the national figure of 14.6%. Post-census data from 2021 shows a shift in median age, down by 1 year to 32. Key changes include an increase in the 15-24 age group from 14.1% to 16.3%, and the 25-34 cohort from 33.2% to 35.1%. Conversely, the 5-14 age group has decreased from 4.8% to 3.5%, and the 45-54 age group has dropped from 9.3% to 8.2%. Demographic projections suggest significant changes in Travancore's age profile by 2041. The 25-34 cohort is projected to grow by 12%, adding 91 residents, reaching a total of 845. Conversely, the 5-14 cohort is projected to decline by 1 person.