Taylors Lakes

Taylors Lakes has shown very soft population growth performance across periods assessed by AreaSearch

Based on AreaSearch's analysis, Taylors Lakes's population is around 17,008 as of Feb 2026. This reflects an increase of 98 people (0.6%) since the 2021 Census, which reported a population of 16,910 people. The change is inferred from the estimated resident population of 16,999 from the ABS as of June 2024 and an additional 19 validated new addresses since the Census date. This population level equates to a density ratio of 921 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Taylors Lakes's 0.6% growth since the census positions it within 2.0 percentage points of the SA3 area (2.6%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, which contributed approximately 70.6% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilizing the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. As we examine future population trends, a population increase just below the median of national statistical areas is expected, with the area expected to grow by 662 persons to 2041 based on the latest annual ERP population numbers, recording a gain of 3.8% in total over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Taylors Lakes, placing the area among the bottom 25% of areas assessed nationally

Taylors Lakes has averaged around 45 new dwelling approvals each year, totalling 228 homes over the past 5 financial years. So far in FY-26, 9 approvals have been recorded. Given the population has fallen over the past period, housing supply has remained adequate relative to demand, creating a well-balanced market with good buyer choice, while new properties are constructed at an average value of $433,000—slightly above the regional average—suggesting a focus on quality developments. There have also been $32.6 million in commercial approvals this financial year, demonstrating high levels of local commercial activity.

When measured against Greater Melbourne, Taylors Lakes has 11.0% less new development (per person) and places among the 27th percentile of areas assessed nationally, resulting in relatively constrained buyer choice and supporting interest in existing dwellings. This is likewise lower than the national average, reflecting market maturity and pointing to possible development constraints. New development consists of 92.0% detached dwellings and 8.0% townhouses or apartments, preserving the area's low-density nature with an emphasis on detached housing attracting space-seeking buyers. The estimated count of 640 people in the area per dwelling approval reflects its quiet, low-activity development environment.

Future projections show Taylors Lakes adding 653 residents by 2041 (from the latest AreaSearch quarterly estimate). At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

Taylors Lakes has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 41 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Taylors Quarter, Cobblebank Community Services Hub, Sunshine Avenue Intersection Upgrades, and Melton Highway Infill Duplication, with the list below detailing those likely to be of most relevance.

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 conditions in Taylors Lakes demonstrate exceptional strength compared to most Australian markets

Taylors Lakes has a skilled workforce with diverse sector representation, an unemployment rate of just 2.8%, and 3.8% estimated employment growth over the past year. As of December 2025, 10,339 residents are in work, while the unemployment rate is 1.9% below Greater Melbourne's rate of 4.8%, and workforce participation is broadly similar to Greater Melbourne's 71.3%. Based on Census responses, a high 25.7% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Leading employment industries among residents comprise construction, retail trade, and health care & social assistance. The area demonstrates a particularly notable concentration in transport, postal & warehousing, with employment levels at 1.7 times the regional average. Meanwhile, health care & social assistance has a limited presence with 10.5% employment compared to 14.2% regionally. The area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, the 12-month period saw employment increasing by 3.8% alongside the labour force increasing by 4.3%, causing the unemployment rate to rise by 0.4 percentage points. This contrasts with Greater Melbourne, where employment rose by 2.4%, the labour force grew by 2.8%, and unemployment rose 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Taylors Lakes. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. 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 industry-specific projections to Taylors Lakes's employment mix suggests local employment should increase by 6.1% over five years and 12.7% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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

As per AreaSearch's latest postcode level ATO data released for FY-23, the Taylors Lakes SA2's median income among taxpayers is $56,366, with an average of $67,482. This is in line with national averages, and compares to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $61,016 (median) and $73,049 (average) as of September 2025. Census 2021 income data shows household income ranks at the 76th percentile ($2,167 weekly), while personal income sits at the 40th percentile. Distribution data shows 30.8% of the population (5,238 individuals) fall within the $1,500 - 2,999 income range, reflecting patterns seen in the broader area where 32.8% similarly occupy this range. Economic strength emerges through 33.1% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 90.8% of income, reflecting strong purchasing power, and the area's SEIFA income ranking places it in the 6th decile.

Taylors Lakes is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Dwelling structure within Taylors Lakes, as evaluated at the latest Census, comprised 90.4% houses and 9.6% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Taylors Lakes was well beyond that of Melbourne metro, at 52.2%, with the remainder of dwellings either mortgaged (37.4%) or rented (10.4%). The median monthly mortgage repayment in the area was below the Melbourne metro average at $1,820, while the median weekly rent figure was recorded at $412, compared to Melbourne metro's $2,000 and $390. Nationally, Taylors Lakes's mortgage repayments are lower than the Australian average of $1,863, while rents exceed the national figure of $375.

Taylors Lakes features high concentrations of family households, with a higher-than-average median household size

Family households dominate at 85.5% of all households, comprising 47.2% couples with children, 26.8% couples without children, and 10.7% single parent families. Non-family households make up the remaining 14.5%, with lone person households at 13.3% and group households comprising 1.2% of the total. The median household size of 3.0 people is larger than the Greater Melbourne average of 2.6.

Taylors Lakes shows below-average educational performance compared to national benchmarks, though pockets of achievement exist

The area faces educational challenges, with university qualification rates (24.7%) substantially below the Greater Melbourne average of 37.0%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 18.1%, followed by postgraduate qualifications (4.3%) and graduate diplomas (2.3%). Trade and technical skills feature prominently, with 29.9% of residents aged 15+ holding vocational credentials, including advanced diplomas (10.4%) and certificates (19.5%).

Educational participation is notably high, with 26.7% of residents currently enrolled in formal education. This includes 8.9% in secondary education, 7.1% in primary education, and 6.3% pursuing tertiary education.

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

Public transport analysis reveals 75 active transport stops operating within Taylors Lakes, comprising a mix of trains and buses. These stops are serviced by 20 individual routes, collectively providing 5,862 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 250 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 93%. Vehicle ownership averages 2.0 per dwelling, which is above the regional average. A high 25.7% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 837 trips per day across all routes, equating to approximately 78 weekly trips per individual stop.

Taylors Lakes's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Health outcomes data demonstrates outstanding results across Taylors Lakes, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Younger cohorts in particular see very low prevalence of common health conditions, and the rate of private health cover just leads that of the average SA2 area at approximately 53% of the total population (~8,946 people). This compares to 56.7% across Greater Melbourne.

The most common medical conditions in the area are arthritis and asthma, impacting 7.5 and 6.4% of residents, respectively, while 72.5% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. The under-65 population demonstrates better than average health outcomes. The area has 23.3% of residents aged 65 and over (3,964 people), which is higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are above average, though ranking lower nationally than the broader population.

Taylors Lakes 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

Taylors Lakes scores highly on cultural diversity, with 33.4% of its population born overseas and 39.5% speaking a language other than English at home. The main religion in Taylors Lakes is Christianity, which makes up 71.3% of the population. This compares to 43.0% across Greater Melbourne.

In terms of ancestry (country of birth of parents), the top three represented groups in Taylors Lakes are Australian, comprising 14.5% of the population, Italian, comprising 14.3% of the population, which is substantially higher than the regional average of 5.2%, and Other, comprising 12.8% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Maltese is notably overrepresented at 6.4% of the population (vs 1.1% regionally), Croatian at 4.3% (vs 0.7%) and Macedonian at 3.9% (vs 0.7%).

Taylors Lakes hosts a notably older demographic compared to the national average

The 45-year median age in Taylors Lakes is significantly above Greater Melbourne's average of 37 and similarly considerably older than Australia's 38 years. Relative to Greater Melbourne, Taylors Lakes has a higher concentration of 55 - 64 residents (17.3%) but fewer 35 - 44 year-olds (9.5%). This 55 - 64 concentration is well above the national 11.2%. Following the 2021 Census, the 65 to 74 age group has grown from 11.0% to 13.9% of the population, while the 75 to 84 cohort increased from 4.7% to 7.0%. Conversely, the 45 to 54 cohort has declined from 15.4% to 12.5%. Looking ahead to 2041, demographic projections reveal significant shifts in Taylors Lakes's age structure. Leading the demographic shift, the 75 to 84 group will grow by 50% (591 people), reaching 1,779 from 1,187. Notably, the combined 65+ age groups will account for 100% of total population growth, reflecting the area's aging demographic profile. In contrast, both 55 to 64 and 0 to 4 age groups will see reduced numbers.