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Suburb Insights ยท VIC 3038

Taylors Lakes 3038, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Taylors Lakes is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 15,174, making it a smaller community. Located approximately 20 km from the Melbourne CBD, Taylors Lakes is a middle ring area in Victoria. The median household income is $112,528 AUD per year (ABS 2021 Census).

Investment Score

74 / 100 Good

Strong household incomes in Taylors Lakes underpin solid property demand.

Location

Map shows Taylors Lakes, Victoria, Australia.

Key Indicators

Postcode
3038

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

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Population
15,174

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

ABS Census Data โ†’
Median Rent (weekly)
$411/wk

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

State Rental Authority โ†’
Median Household Income
$112,528/yr

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

ABS Census Data โ†’
Distance to CBD
20 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)
$1,800/mo

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

ABS Census Data โ†’
Dwelling Type
87% 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 Lakes'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 $411/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,800/month. A median household income of $112,528/year supports premium property values and indicates a well-employed resident base. 87% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Taylors Lakes's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental yields in Taylors Lakes are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation projects in Taylors Lakes can capture the gap between unrenovated and updated property prices.

Risk Factors

Run the numbers on a Taylors Lakes property

Full Property Analysis

30-year projections for Taylors Lakes

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Taylors Lakes enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Tenants in Taylors Lakes have options โ€” presenting well-maintained properties is key to minimising vacancy. Overall, investor sentiment toward Taylors Lakes is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Taylors Lakes a good suburb for investment?

Taylors Lakes is a middle ring area in Victoria with a population of 15,174. The median rent is $411/week and the median household income is $112,528/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 Lakes?

Key demand drivers in Taylors Lakes include established amenities and transport access. 87% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Taylors Lakes?

According to the ABS 2021 Census, Taylors Lakes has a population of approximately 15,174. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Taylors Lakes from the Melbourne CBD?

Taylors Lakes is approximately 20 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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