Travancore is a smaller suburb in Victoria within the Moonee Valley local government area (postcode 3032). With a population of 2,116, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $88K per year, with an average household size of 1.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Chinese.
The median house price in Travancore is $848,000, having remained flat 0% over the past year. Units have a median price of $374,000 (+9.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,513.
Travancore is served by 1 school, including 1 special. Public transport access includes 2 tram stops, 6 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Travancore offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($848K/$875K). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +0.0% year-on-year.
Travancore is a smaller suburb in Victoria within the Moonee Valley local government area (postcode 3032). With a population of 2,116, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $88K per year, with an average household size of 1.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Chinese.
The median house price in Travancore is $848,000, having remained flat 0% over the past year. Units have a median price of $374,000 (+9.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,513.
Travancore is served by 1 school, including 1 special. Public transport access includes 2 tram stops, 6 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Travancore offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($848K/$875K). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +0.0% year-on-year.