Taylors Lakes (Vic.)

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According to the analysis of ABS demographic updates for the wider region and recently validated addresses from Districts since the Census, the suburb of Taylors Lakes has an estimated population of 15,232 as of May 2026. This represents a growth of 58 people (0.4%) from the 2021 Census, which recorded 15,174 people. The change is calculated from a resident population of 15,223, which Districts estimated using the ABS June 2025 ERP release and 205 validated new addresses since the Census. This population size equates to a density of 2,020 persons per square kilometer, exceeding the typical figure for national locations analyzed by Districts. Overseas migration was the primary driver of population growth, accounting for approximately 71.0% of the total demographic gains during recent times.

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Taylors Lakes has a qualified labor force with representation across various sectors, an unemployment rate of only 2.8%, and an estimated job growth of 1.8% over the past year, according to Districts aggregations of statistical area data. In March 2026, 9,162 local residents were employed, and the unemployment rate was 1.9% lower than the 4.8% rate in Greater Melbourne, while workforce participation aligned closely with the 70.2% recorded for Greater Melbourne. Census data shows that a high proportion of residents, 25.3%, worked from home, though this figure may reflect the influence of Covid-19 restrictions.

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Based on Districts analysis of the latest postcode-level ATO data released for financial year 2023, taxpayers in the suburb of Taylors Lakes recorded a median income of $52,579 and an average income of $64,269. These figures sit below the national average and compare to $57,688 and $75,164 across Greater Melbourne. Adjusting for Wage Price Index growth of 9.62% since financial year 2023, current estimates for March 2026 are approximately $57,637 for the median and $70,452 for the average. In the 2021 Census, household incomes ranked at the 75th percentile ($2,164 weekly), whereas personal incomes were at the 40th percentile. The income distribution is dominated by the $1,500 - 2,999 weekly bracket, which contains 30.8% of residents ( people), matching the broader regional pattern where fall into this category. Local economic strength is indicated by the of households that earn high weekly incomes of over which supports consumer spending. After accounting for housing costs, residents keep of their income, showing solid purchasing power, and the area is positioned in the th decile of the SEIFA income index.

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At the time of the latest Census, the housing stock in Taylors Lakes consisted of 89.8% houses and 10.2% other housing types like semi-detached properties, apartments, or alternative dwellings, compared to Greater Melbourne where houses made up 67.9% and other dwellings accounted for 32.1%. Home ownership rates in Taylors Lakes were significantly higher than in Melbourne metro, standing at 52.6%, with the remaining properties being mortgaged (37.3%) or rented (10.1%). The median monthly mortgage payment of $1,800 was lower than the Melbourne metro average of $2,000, whereas the median weekly rent of $411 was higher than the Melbourne metro average of $390. On a national level, mortgage repayments in Taylors Lakes are lower than the Australian average of $1,863, but rental costs exceed the national average of $375.

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Families make up the vast majority of households at 85.2%, which is composed of couples with children at 47.6%, couples without children at 26.4%, and single parents with children at 10.6%. Non-family households account for the remaining 14.8%, with single-person households representing 13.6% and group households making up 1.1%. The median household size of 3.0 individuals is larger than the Greater Melbourne average of 2.6.

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Educational attainment levels present challenges in the area, as university qualification rates of 24.5% are significantly lower than the Greater Melbourne average of 37.0%. This highlights an opportunity for targeted education programs. Bachelor degrees are the most common higher education qualification at 18.1%, followed by postgraduate degrees at 4.2% and graduate diplomas at 2.2%. Vocational and technical training is common, with 29.5% of residents aged 15+ holding a vocational qualification, consisting of advanced diplomas at 10.4% and certificates at 19.1%.

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Analysis of the public transport network shows 67 active transit stops in Taylors Lakes, providing a mix of train and bus services. These stops are served by 20 distinct routes, which accommodate 5,862 passenger trips each week. Transport connection is rated as good, with residents living an average of 255 meters from the nearest stop. Because it is a residential suburb, most employed residents travel outward to work, with cars remaining the main transit mode at 94%. Car ownership averages 2.0 vehicles per household, which is higher than the regional average. A high proportion of residents, 25.3%, work from home, based on the 2021 Census, which may have been influenced by COVID-19 settings.

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Health outcomes are strong across Taylors Lakes, according to Districts analysis of mortality rates and the prevalence of chronic health conditions. Younger age groups show very low rates of common illnesses, and the proportion of residents with private health insurance is slightly above the average SA2 area at approximately 52% of the population (~7,960 people). This compares to 56.7% across Greater Melbourne.

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Taylors Lakes demonstrates high levels of cultural diversity, with 33.8% of the population born outside Australia and 40.5% speaking a non-English language at home. Christianity is the dominant religion, practiced by 71.3% of residents in Taylors Lakes, compared to 43.0% across Greater Melbourne.

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The median age of 45 years in Taylors Lakes is much higher than the Greater Melbourne average of 37 and the national average of 38 years. Compared to Greater Melbourne, Taylors Lakes has a higher proportion of residents aged 55 - 64 (17.2%) but a lower share of people aged 25 - 34 (10.3%). The proportion of 55 - 64 year-olds is also well above the national figure of 11.2%. Since the 2021 Census, the 65 to 74 age bracket has risen from 11.0% to 13.7% of the population, and the 75 to 84 cohort has grown from 4.6% to 7.0%. In contrast, the 45 to cohort has shrunk from to . Looking ahead to population projections indicate notable changes in the age structure of Taylors Lakes. The to cohort is projected to grow by ( people), increasing from to . Notably, the combined + age brackets will represent of the total population growth, showing the aging trend of the area. Conversely, the cohorts aged to and to will decrease in size.

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Taylors Lakes currently has an estimated 563 children under 5 years old, comprising approximately 344 children aged 0-2 and 230 children aged 3-4. This cohort grew by an estimated 0% since the previous census. though population forecasts indicate future decline, with an anticipated decrease of 13% by 2041 (to approximately 487 children). Meanwhile the 5-12 cohort currently amounts to 1,171. Birth rates in the area have averaged 7.4 per 1,000 residents over the latest two-year period, a low rate (among the bottom 20% of areas assessed nationally).