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Suburb Insights ยท VIC 3037

Taylors Hill 3037, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Taylors Hill is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 15,419, making it a smaller community. Located approximately 21 km from the Melbourne CBD, Taylors Hill is a middle ring area in Victoria. The median household income is $123,448 AUD per year (ABS 2021 Census).

Investment Score

78 / 100 Good

Taylors Hill benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows Taylors Hill, Victoria, Australia.

Key Indicators

Postcode
3037

Official Australia Post postcode for Taylors Hill. A postcode may cover multiple suburbs.

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Population
15,419

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$420/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$123,448/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
21 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
6

Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
83% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Taylors Hill's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $420/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. A median household income of $123,448/year supports premium property values and indicates a well-employed resident base. 83% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Taylors Hill is a natural candidate for patient investors.

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Rental Yield

Taylors Hill can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Taylors Hill's established market and growing population make it a viable location for value-add renovations.

Risk Factors

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Full Property Analysis

30-year projections for Taylors Hill

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Taylors Hill is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. The rental market in Taylors Hill should see steady occupancy, with moderate upward pressure on rents. Confidence in Taylors Hill's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Taylors Hill a good suburb for investment?

Taylors Hill is a middle ring area in Victoria with a population of 15,419. The median rent is $420/week and the median household income is $123,448/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Taylors Hill?

Key demand drivers in Taylors Hill include established amenities and transport access. 83% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Taylors Hill?

According to the ABS 2021 Census, Taylors Hill has a population of approximately 15,419. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Taylors Hill from the Melbourne CBD?

Taylors Hill is approximately 21 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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