Taylors Lakes

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

As of May 2026, Taylors Lakes' population is approximately 16,906, a decrease of 4 people since the 2021 Census which recorded 16,910 inhabitants. This change is inferred from ABS estimated resident population data of 16,897 as of June 2025 and an additional 206 validated new addresses since the Census date. The population density is around 915 persons per square kilometer, comparable to averages seen across locations assessed by AreaSearch. Taylors Lakes' -0.0% growth since census positions it within 2.1 percentage points of the SA3 area (2.1%), indicating competitive growth fundamentals. Overseas migration contributed approximately 74.7% of overall population gains during recent periods. AreaSearch adopts 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 VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future population trends suggest a growth of 694 persons by 2041 based on the latest annual ERP population numbers, reflecting a total gain of 4.0% over the 16-year period.

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 approximately 45 new dwelling approvals annually over the past five financial years, totalling 228 homes. As of FY26, 13 approvals have been recorded. During this period, population has decreased, yet housing supply has remained adequate relative to demand, maintaining a balanced market with varied buyer choices. The average construction cost of new properties is $433,000, slightly higher than the regional average, indicating a focus on quality developments.

This financial year has seen $32.6 million in commercial approvals, reflecting high local commercial activity. Compared to Greater Melbourne, Taylors Lakes has 10.0% less new development per person and ranks at the 27th percentile nationally, resulting in relatively constrained buyer choices and interest in existing dwellings. New developments consist of 92.0% detached dwellings and 8.0% townhouses or apartments, preserving the area's low-density nature and attracting space-seeking buyers. The estimated population per dwelling approval is 640 people.

Future projections estimate Taylors Lakes to add 684 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing favourable 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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 40 projects likely affecting the region. Notable initiatives include Taylors Quarter, Cobblebank Community Services Hub, Sunshine Avenue Intersection Upgrades, and Melton Highway Infill Duplication. The following details projects 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 conditions in Taylors Lakes demonstrate exceptional strength compared to most Australian markets

Taylors Lakes has a skilled workforce with diverse sector representation. The unemployment rate in the area was 2.8% as of December 2025. This is lower than Greater Melbourne's rate of 4.8%.

Workforce participation in Taylors Lakes was 72.7%, slightly higher than Greater Melbourne's 69.9%. According to Census responses, 25.7% of residents worked from home, though Covid-19 lockdown impacts should be considered. Leading employment industries among residents include construction, retail trade, and health care & social assistance. The area has a notably high concentration in transport, postal & warehousing, with employment levels at 1.7 times the regional average.

However, health care & social assistance has limited presence with 10.5% employment compared to 14.2% regionally. Employment opportunities locally may be limited as indicated by the count of Census working population vs resident population. In the 12-month period ending December 2025, employment increased by 3.8% while labour force grew 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%, labour force grew by 2.8%, and unemployment rose by 0.3 percentage points. 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 Taylors Lakes' employment mix suggests local employment should increase by 6.1% over five years and 12.7% over ten years, though these are simple extrapolations for illustrative purposes and do not account for localised population projections.

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

AreaSearch released postcode level ATO data for financial year 2023 on Taylors Lakes SA2. The median income among taxpayers was $56,366 with an average of $67,482. This is comparable to national averages and Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 9.62% since financial year 2023, estimated incomes as of March 2026 would be approximately $61,788 (median) and $73,974 (average). According to Census 2021 income data, household income ranks at the 76th percentile ($2,167 weekly), while personal income is at the 40th percentile. Income distribution shows 30.8% of individuals fall within the $1,500 - $2,999 range, reflecting broader area patterns where 32.8% occupy this range. Economic strength is evident with 33.1% of households earning high weekly incomes exceeding $3,000, supporting consumer spending. After housing costs, residents retain 90.8% of income, indicating strong purchasing power. 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

At the most recent Census, dwelling structures in Taylors Lakes comprised 90.4% houses and 9.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Taylors Lakes stood at 52.2%, with mortgaged dwellings at 37.4% and rented ones at 10.4%. The median monthly mortgage repayment was $1,820, below Melbourne metro's average of $2,000. Median weekly rent in Taylors Lakes was $412, higher than Melbourne metro's $390 but lower than the national average of $375. Nationally, Taylors Lakes mortgage repayments were lower at $1,863.

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

Family households constitute 85.5% of all households, including 47.2% couples with children, 26.8% couples without children, and 10.7% single parent families. Non-family households comprise the remaining 14.5%, with lone person households at 13.3% and group households making up 1.2%. The median household size is 3.0 people, which 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's university qualification rate is 24.7%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 18.1%, followed by postgraduate qualifications (4.3%) and graduate diplomas (2.3%). Vocational credentials are held by 29.9% of residents aged 15 and above, with advanced diplomas at 10.4% and certificates at 19.5%. Educational participation is 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

Taylors Lakes has 75 active public transport stops offering a mix of train and bus services. These are served by 20 routes, collectively providing 5862 weekly passenger trips. Transport accessibility is rated good, with residents typically located 250 meters from the nearest stop. Most residents commute outward, with car being the dominant mode at 93%. Vehicle ownership averages 2.0 per dwelling, above the regional average. According to the 2021 Census, 25.7% of residents work from home, which may reflect COVID-19 conditions.

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

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

Taylors Lakes shows excellent health outcomes based on AreaSearch's analysis of mortality rates and chronic condition prevalence, particularly among younger cohorts who have a very low prevalence of common health conditions. The rate of private health cover in Taylors Lakes is approximately 53% of its total population (~8,892 people), slightly higher than the Greater Melbourne average of 56.7%.

The most prevalent medical conditions are arthritis and asthma, affecting 7.5% and 6.4% of residents respectively. Notably, 72.5% of residents report being completely free from medical ailments, comparable to Greater Melbourne's 72.6%. Health outcomes for the under-65 population are better than average. The area has a higher proportion of seniors aged 65 and over at 23.1%, compared to Greater Melbourne's 15.0% (3,896 people). Despite this, health outcomes among seniors in Taylors Lakes are above average but rank lower nationally when compared to 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 has a high level of cultural diversity, with 33.4% of its population born overseas and 39.5% speaking a language other than English at home. The predominant religion in Taylors Lakes is Christianity, accounting for 71.3% of the population, compared to 43.0% across Greater Melbourne. The top three ancestry groups in Taylors Lakes are Australian (14.5%), Italian (14.3%), and Other (12.8%).

Notably, Maltese (6.4%) is overrepresented compared to the regional average of 1.1%, as are Croatian (4.3% vs 0.7%) and Macedonian (3.9% vs 0.7%) groups.

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

The median age in Taylors Lakes is 45 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's national average of 38 years. Compared to Greater Melbourne, Taylors Lakes has a higher proportion of residents aged 55-64 (17.2%) but fewer residents aged 25-34 (10.4%). This concentration of the 55-64 age group is well above the national average of 11.2%. According to the 2021 Census, the proportion of residents aged 65-74 has grown from 11.0% to 13.8%, while those aged 75-84 increased from 4.7% to 6.9%. Conversely, the proportion of residents aged 45-54 has declined from 15.4% to 12.2%. By 2041, demographic projections indicate significant shifts in Taylors Lakes's age structure. The 75-84 age group is projected to grow by 50%, reaching 1,754 people from the current figure of 1,166. Notably, all population growth will be accounted for by those aged 65 and above, reflecting the area's aging demographic profile. In contrast, both the 55-64 and 45-54 age groups are projected to decrease in number.