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Suburb Insights ยท VIC 3032

Travancore 3032, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Travancore is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 2,116, making it a boutique locality. Located 4 km from the Melbourne CBD, Travancore is a middle ring area in Victoria. The median household income is $87,984 AUD per year (ABS 2021 Census).

Investment Score

65 / 100 Good

Travancore has a solid income profile that supports reliable occupancy rates. The short commute to the city centre is a key demand driver.

Location

Map shows Travancore, Victoria, Australia.

Key Indicators

Postcode
3032

Official Australia Post postcode for Travancore. A postcode may cover multiple suburbs.

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Population
2,116

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

ABS Census Data โ†’
Median Rent (weekly)
$351/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
$87,984/yr

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

ABS Census Data โ†’
Distance to CBD
4 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
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,513/mo

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

ABS Census Data โ†’
Dwelling Type
13% 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

Travancore'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 $351/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,513/month. The median household income of $87,984/year reflects a solid demographic, supporting sustainable rental demand. With only 13% separate houses, Travancore has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Expect competitive but not exceptional rental returns in Travancore's current market.

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Renovation / Flip

Limited buyer depth in Travancore makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Travancore

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: Moderate

Travancore is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Travancore have options โ€” presenting well-maintained properties is key to minimising vacancy. The market mood around Travancore is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Travancore a good suburb for investment?

Travancore is a middle ring area in Victoria with a population of 2,116. The median rent is $351/week and the median household income is $87,984/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 Travancore?

Key demand drivers in Travancore include established amenities and transport access. 13% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Travancore?

According to the ABS 2021 Census, Travancore has a population of approximately 2,116. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Travancore from the Melbourne CBD?

Travancore is approximately 4 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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