Suburb Profile Report for Taylors Lakes VIC (3038)

Taylors Lakes House: Median price $735,000, Annual capital growth 7.38%, Number of sales 119, Weekly median advertised rent $433

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of 11.36% for the last 12 months, Taylors Lakes, 3038 has performed for property investments than its average annual 7.38% property growth over the last 5 years.

Across a shorter period, Taylors Lakes, 3038 has seen a median price increase of 0.68% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.20% offered to property buyers. Sellers in Taylors Lakes itself are offering an average vendor discount of -4.33% to real estate investors.

In the last year 119 properties changed hands in Taylors Lakes, which puts it as the 204th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Taylors Lakes, 3038 is in the Brimbank local government area.

Metrics i HOUSE UNIT
$735,000 N/A
0.68% N/A
11.36% N/A
7.38% N/A
$433 N/A
119 N/A
3.06% N/A
51.1 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 16095
Median household income ($/weekly) 1661
Median age of persons 37
Median housing loan repayment ($/monthly) 1600
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 2294 14.3
    15-19 years 1531 9.5
    35-44 years 2369 14.7
    45-54 years 3017 18.7
    55-64 years 1903 11.8
    Others 4982 31.0
    Age Group
    Census Count Percent(%)
    Registered Married 7243 57.7
    Not Married 4904 39.1
    Defacto Relationship 401 3.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 10508 67.8
    Germany 361 2.3
    Indonesia 491 3.2
    Japan 481 3.1
    Other 762 4.9
    Others 2893 18.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 451 2.9
    Christianity 12149 79.3
    Hinduism 282 1.8
    Islam 749 4.9
    No Religion 1435 9.4
    Others 254 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 361 8.5
    $1,250-$1,499 349 8.2
    $1,500-$1,999 660 15.5
    $2,000-$2,499 559 13.1
    $2,500-$2,999 443 10.4
    Others 1888 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5278 41.8
    Not in the labour force 3669 29.1
    Employed, worked part-time 2706 21.4
    Employed, away from work 548 4.3
    Unemployed, looking for work 421 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 1020 12.0
    Professionals 1308 15.3
    Technicians & trades workers 1289 15.1
    Clerical & administrative workers 1571 18.4
    Sales 1173 13.8
    Others 2169 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 256 5.8
    Infants/Primary 1403 31.6
    Secondary 1510 34.0
    Technical or Further Educational Institution 329 7.4
    University or other Tertiary Institutions 845 19.0
    Others 100 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15308 97.4
    Semi-detached, row or terrace house, townhouse 377 2.4
    Flat, unit or apartment 36 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2152 45.5
    Being purchased 2071 43.8
    Rented 443 9.4
    Other tenure type 59 1.2
    Tenure Type
Census 2011, ABS
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