$486 ▲ +27.9%
Higher than 91% of suburb / locality areas.
- 2011: $380
- 2016: $431
- 2021: $486
Median weekly rent paid by households renting their home.
Toorak · Suburb / Locality
Housing & Dwellings in Toorak
Where and how people live — the homes, how they are held, and what they cost.
Almost half of all homes in Toorak are flats or apartments, making it a landscape of high-density living. This area is marked by very high housing costs, with typical monthly mortgage payments and weekly rents far exceeding the state and national figures.
$486
▲ +27.9%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Toorak — higher than 91% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $3,152, which is far above the Victorian figure of $1,859. Renters also pay a premium, with a typical weekly rent of $486, well above the Australian figure of $375.
$3,152 ▲ +16.7%
Higher than 93% of suburb / locality areas.
- 2011: $2,700
- 2016: $2,500
- 2021: $3,152
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Toorak, the largest group is $350–$549 at 40%, followed by $750 or more (21%) and $550–$749 (20%).
Monthly mortgage distribution
View on map →In Toorak, $3,000 or more is the majority at 55%; $1,800–$2,999 is next at 18%.
Owning & renting
How homes are owned or rented.
Outright home ownership is far above the national figure at 42.6%. Meanwhile, 31.1% of households rent, which is much higher than most other similar areas.
31.1% ▼ -10.9%
Higher than 80% of suburb / locality areas.
- 2011: 34.9%
- 2016: 34.2%
- 2021: 31.1%
Share of occupied private dwellings that are rented.
42.6% ▲ +2.5%
Higher than 54% of suburb / locality areas.
- 2011: 41.6%
- 2016: 40.4%
- 2021: 42.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Toorak, the largest group is Owned outright at 43%, followed by Rented (31%) and Owned with a mortgage (23%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than across Australia, making up only 30.4% of homes. This is consistent with the fact that homes with three or more bedrooms are far below the state and national figures.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
30.4% ▼ -12.5%
Lower than 97% of suburb / locality areas.
- 2011: 34.7%
- 2016: 30.3%
- 2021: 30.4%
Share of occupied private dwellings that are separate houses.
51.9% ▲ +6.6%
Lower than 90% of suburb / locality areas.
- 2011: 48.6%
- 2016: 48.8%
- 2021: 51.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Toorak, the largest group is Flat or apartment at 50%, followed by Separate house (30%) and Townhouse / semi-detached (20%).
Bedrooms per home
View on map →In Toorak, the largest group is 2 bedrooms at 37%, followed by 3 bedrooms (30%) and 4 bedrooms (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Toorak
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Toorak [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22547/toorak/topic/housing-dwellings