Travancore is a smaller residential area in Victoria within the Moonee Valley local government area (postcode 3032). With a population of 2,116, the suburb has a blend of families and working-age professionals with a median age of 33. Households earn a median income of $88K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
Travancore has a median house price of $848,000, holding roughly steady year-on-year. Units have a median price of $350,000 (-6.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.4%. 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, Gross rental yield sits at around 3.4% (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. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.