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Travancore suburb profile

Travancore is a compact inner-city pocket between Flemington and Parkville with a quiet, residential character. Streets feature a mix of Victorian and Edwardian cottages, interwar terraces and more recent townhouses that give the suburb a layered, domestic feel. Residents have easy access to nearby parkland and the Flemington Racecourse precinct, while tram routes and nearby train stations link the area to the CBD and surrounding suburbs. The suburb tends to attract professionals, families and downsizers who value calm streets, period charm and ready access to cafés, shops and larger retail strips a short ride away.

Travancore property market performance

Property growth-16.5%Past 12 months

Travancore has relatively few recent house sales, so there isn't enough recent data to publish a reliable median house price. The unit market is more active, with a median unit price of $370,000, up a solid 5.0% over the last 12 months.

Over the last 3 months there were 2 houses and 26 units sold. Units sold in a median of 33 days.

The rental market in Travancore shows average house rents of $805 and unit rents of $540. House rents rose sharply, up 36.9% over the last 12 months, while unit rents edged up a marginal 1.9%, so house rents grew much faster than unit rents.

HousesUnits
Median price
Past 3 months
N/A$370K
Change in value
Past 12 months
N/A5.0%
Sold
Past 3 months
226
Median days on market
Past 12 months
N/A33
Average rent
Past 12 months
$805$540
Change in rent
Past 12 months
36.9%1.9%

5 year median price trend for houses and units

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Travancore demographics

Travancore is a community of 2,116 people with a median age of 33. The typical household earns $1,692 a week, which is roughly $88,000 a year.

Among reported families, more than half are couple families without children (57.1%). Couple families with children make up 25.3% of families, one-parent families account for 12.5%, and other families are 5.1%.

Homes in Travancore are most commonly rented: 56.9% of dwellings are rented, while 25.7% are owned with a mortgage and 17.4% are owned outright, making owner-occupied homes 43.1% in total.

Suburbs near Travancore

Some popular suburbs near Travancore include:

  • Flemington: Historic suburb with a strong residential mix and period terraces.
  • Kensington: Leafy pocket with tree-lined streets and pocket parks.
  • Parkville: Known for extensive parklands and institutional precincts near the city.
  • North Melbourne: Urban suburb with classic terraces and a village atmosphere around local shops.
  • Ascot Vale: Riverside suburb with a mix of older homes and newer apartments.

How does Travancore compare to nearby suburbs?

  • Median unit prices: Travancore’s median unit price is 30.2% lower than Flemington’s.
  • House price growth: Property prices in nearby Flemington have risen 48.5% more than in Travancore over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Travancore have grown 14.4% higher than in Flemington.
  • Selling speed for units: Properties in Travancore are selling 5.7% faster than in Flemington.
  • Investment considerations: In Travancore, the rental yield for house is 20.6% higher than the Melbourne average, while the rental yield for units is 8.5% lower.
  • House price growth: Over the past 12 months, house prices in Travancore have grown 7.9% higher than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Travancore have grown 37.2% lower than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Travancore

In Travancore ,44 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 51.5% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.54% and 2.94%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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