The size of Taroona is approximately 5.1 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Taroona in 2011 was 3,001 people. By 2016 the population was 3,061 showing a population growth of 2.0% in the area during that time. The predominant age group in Taroona is 50-59 years. Households in Taroona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taroona work in a professional occupation. In 2011, 80.3% of the homes in Taroona were owner-occupied compared with 79.9% in 2016.
Taroona has 1,309 properties. Over the last 5 years, Houses in Taroona have seen a 32.55% increase in median value, while Units have seen a 40.76% increase. As at 30 September 2024:
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