Statistical Area 2 (SA2) · Area profile
Toorak
4 km²
Far higher levels of wealth and education set Toorak apart from the rest of the state. This affluent community is marked by a very high typical age of 47 and a significant number of seniors. Many residents are highly qualified professionals with a strong link to international backgrounds, particularly from China and England. It is a high-advantage area where luxury housing and an exceptionally walkable environment create a distinct urban character.
An affluent area whose schools serve an equally well-off community.
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The community is far older than the national figure, with 27.3% of people aged 65 and over. Children under 15 make up only 10.9%, which is well below the Australian average of 18.2%.
People born overseas make up 30.8% of the population, which is well above the national figure. English, Australian, Irish, Chinese, and Scottish are the most common ancestries.
About 20% of residents use a language other than English at home, though this is still a little below the Victorian average of 27.6%. Mandarin is the most common non-English language.
Nearly 40% of the population identifies as Christian, while 37.3% report no religion. The proportion of people with no religion has risen by 15 points since 2011.
Education levels are among the highest in the country, with 51.7% of adults holding a bachelor degree or higher. This is far above the national figure of 26.3%.
Toorak is an exceptionally wealthy area where typical family income is $3,904 a week, far above the national figure of $2,120. About 42.2% of households earn $3,000 or more weekly.
Residents generally experience better health than most areas, with a long-term health condition rate of 24.4%, which is well below the national figure of 27.7%.
Volunteering is much more common here than in most areas, at 18.7%. However, the proportion of people caring for children unpaid is well below the national average.
The First Nations population is among the smallest at this level, consisting of just 27 people. This small group has a Year 12 completion rate of 71.4%, far above the national figure.
Homes are smaller than usual, with only 2.1 people per household. A high proportion of people live alone—35.1%—which is well above the national figure.
Housing is dominated by flats and apartments, which make up nearly half of all homes. Outright home ownership is far above the national average at 42.7%, though typical weekly rents of $490 are also well above the norm.
Working from home is very common, with 43% of the workforce doing so. The area is highly connected, with 100% of homes within a 10-minute walk of public transport.
The area sees a fair amount of movement, with 42.7% of people having moved house in the last five years. Recent overseas arrivals make up 14.5% of the population.
The workforce is dominated by professionals and managers. Unemployment is much lower than in most areas, sitting at 3.7%.
Toorak is ranked at the maximum level for overall advantage and education skills. It is home to 3,167 businesses and has a very high overall advantage score of 1,150.
The area receives an average annual rainfall of 660mm, which is well above the Victorian average of 510mm. Temperatures are generally mild.
This is a very walkable area, with a score of 7.7. Every single home is within a 15-minute walk of both a park and public transport.