Toorak · Statistical Area 2 (SA2)
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
An overall advantage score of 1,150 makes Toorak one of the most affluent areas in the country. This wealth is backed by a population with some of the highest levels of education and job skills across the nation.
All statistical area 2 (sa2) areas, 2021. The marker is Toorak — higher than 99% of areas.
| Toorak | 10 |
|---|---|
| 3142, VIC | 10 |
SEIFA indexes ranking relative advantage and disadvantage.
The area ranks among the highest in the country for overall advantage, with a top score of 10 for both general advantage and job skills. It also sees very little disadvantage compared to other areas.
10
Higher than 99% of statistical area 2 (sa2) areas.
ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the 10% most advantaged. IRSAD summarises both advantage and disadvantage, so a high score reflects relatively many high-income, well-educated households and few low-income, low-skill ones.
10
Higher than 99% of statistical area 2 (sa2) areas.
ABS Index of Relative Socio-economic Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the least disadvantaged. IRSD focuses on disadvantage alone (low income, low education, unemployment, unskilled occupations), so a higher decile means relatively less disadvantage.
7
Higher than 64% of statistical area 2 (sa2) areas.
ABS Index of Economic Resources, 2021, as a national decile: 1 = among the 10% lowest areas for economic resources in Australia, 10 = among the highest. IER reflects the income, housing costs, dwelling size and assets of households, so a higher decile means relatively greater economic resources.
10
Higher than 99% of statistical area 2 (sa2) areas.
ABS Index of Education and Occupation, 2021, as a national decile: 1 = among the 10% lowest areas for education and occupation in Australia, 10 = among the highest. IEO reflects residents' qualifications and the skill level of their jobs, so a higher decile means a more highly educated and skilled workforce.
1,150
Higher than 98% of statistical area 2 (sa2) areas.
ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a raw index score (standardised so the Australian average is about 1000). Higher scores indicate relatively greater advantage; lower scores greater disadvantage.
Annual population estimates and change since the census.
Toorak has a population of 13,610 people. While this grew by 3.9% since 2021, that increase is well below the Victorian rate of 8.0%.
13,610
Higher than 65% of statistical area 2 (sa2) areas.
Estimated resident population (ABS), 2025.
3.9%
Lower than 56% of statistical area 2 (sa2) areas.
Population growth since the 2021 Census, from ABS annual estimates.
Operating businesses and dwellings approved.
The area is a major hub for activity, with 3,167 businesses, which is among the largest number of businesses for areas at this level.
3,167
Higher than 86% of statistical area 2 (sa2) areas.
Operating businesses (ABS Counts of Australian Businesses), June 2025.
Australian Bureau of Statistics. (2021). Economy & Advantage in Toorak [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206061138/toorak/topic/economy-advantage
