Toorak

SA2

Greater Melbourne / Stonnington - West

 
 
 
 
 
 
 
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Statistical Area (SA2) Boundary Analysis

This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.

SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).

Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Toorak

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DemographicsPopulation Growth in Toorak

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Toorak has an estimated 13,611 residents, up from 12,953 at the 2021 Census — a change of 658 people, or 5.1%. 237 new addresses have been validated here since Census night. Overseas migration accounts for 97.9% of that increase. That puts 3,151 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to findings from AreaSearch, the resident count of Toorak stands at approximately 13,611 in May 2026. This represents a growth of 658 residents (5.1%) relative to the 2021 Census, which documented a total of 12,953 individuals. This shift is calculated using the ABS estimated resident population of 13,610 in June 2025 alongside 237 validated new addresses registered after the Census. Such a population size results in a density of 3,150 persons per square kilometer, placing the locality in the highest quartile of all analyzed Australian areas. The primary driver of this demographic expansion was overseas migration, which accounted for roughly 97.9% of the total population gains in recent times.

ABS and Geoscience Australia projections published in 2024, using 2022 as a starting point, are used by AreaSearch for each SA2 region. For locations lacking this dataset, estimations rely on the 2023 VIC State Government Regional/LGA projections, modified by aggregating population growth rates from LGA to SA2 levels using weighted proportions. Projected growth dynamics by age bracket derived from these aggregations are also applied to all areas for the period spanning 2032 to 2041. Based on these anticipated demographic trends, growth is projected to rank in the lowest quartile of Australian statistical territories, with a projected expansion of 358 residents by 2041 using the latest annual ERP statistics, representing a cumulative increase of 2.6% over the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the Toorak SA2?
Total population for the Toorak SA2 was estimated to be approximately 13,611 as at May 26. This is based upon an estimated resident population of 13,610 from the ABS up to June 2025.
How has the population in the Toorak SA2 changed since 2021?
The toorak sa2 has added approximately 658 people and shown a 5.08% increase from the 12,953 people recorded at the 2021 Census period.
What is the population density in the Toorak SA2?
The population density in the Toorak SA2 is estimated at 3,150 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the Toorak SA2?
Over the past 10 years, the population in the Toorak SA2 has shown a compound annual growth rate of -0.2% per annum.
What are the main drivers of population growth in the Toorak SA2?
Population growth in the Toorak SA2 is driven by: Overseas migration (97.9%), Natural increase (2.1%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 97.9% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Toorak

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326 new dwellings have been approved in Toorak over the past five years, an average of 65 a year. That is 4.9 approvals per 1,000 residents. Of the 55 dwellings approved in the latest reporting year, 29% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 86, running ahead of that longer-run average. Figures come from ABS building approvals aggregated to this SA2 boundary and are updated monthly as the ABS releases them.

Detail

Approvals for residential builds in Toorak average approximately 65 properties annually, totaling 326 residential units over the preceding 5 financial years (from FY-21 to FY-25) and 79 during FY-26 so far. Even with a contracting population in recent times, construction volumes have been relatively sufficient, presenting favorable conditions for purchasers, while newly built properties carry a mean construction cost of $2,378,000, showing that builders are focusing on the luxury market with upscale residential developments. Furthermore, commercial building approvals have reached $37.9 million this financial year, pointing to active investment by local businesses.

Building activity in Toorak is significantly subdued compared to the Greater Melbourne average, tracking 58.0% below the regional per capita figure. This limited supply of incoming dwellings generally boosts demand and valuation metrics for existing residences. Newly approved projects consist of 29.0% standalone houses and 71.0% semi-detached properties, townhouses, or apartments. This preference for higher-density housing configurations yields accessible entry options and draws downsizers, investors, and first-time buyers. With a ratio of approximately 302 people per approved dwelling, Toorak is characterized by low-density development metrics. Demographic projections indicate that Toorak is set to add 357 new residents by 2041, calculated from the most recent AreaSearch quarterly figures. At current rates of construction, the supply of new dwellings is expected to comfortably accommodate this demand, creating positive conditions for buyers and potentially fostering growth that exceeds current population estimates.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the Toorak SA2 recently?
Dwelling approval activity in the the Toorak SA2 area has seen 93 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The Toorak SA2's current population of 13,611 has been supported by 65 approvals on average over recent years.
How does the Toorak SA2's development activity compare to the broader region?
The Toorak SA2 has seen 0.49 approvals per 100 people in recent years, compared to 0.9 approvals in the broader region. This means that one dwelling has been approved for every 302 people in the Toorak SA2, compared to one for every 125 in the broader region.
Is the Toorak SA2 keeping up with housing demand?
With the population expected to increase by 357 people by 2041, around 179 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
What has been the trend in development approvals over the past five years in the Toorak SA2?
Looking at development activity over the past five years, the Toorak SA2's approval levels have been below the yearly average of 65, indicating a recent decline in approval activity.
How many dwellings will be needed to accommodate future population growth in the Toorak SA2?
The population in the Toorak SA2 is expected to grow by 357 people by 2041, necessitating approximately 179 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the Toorak SA2?
Over the past five years, the population in the Toorak SA2 has grown by approximately 292 people, while 326 residential approvals were recorded. This equates to a ratio of 0.9 people added for each new dwelling approval. This low ratio indicates housing supply is outpacing population growth, potentially creating market oversupply.
Are there opportunities for residential developers in the Toorak SA2?
With dwelling approval activity running at an average of 65 approvals per year and a population of 13,611, the market appears to be adequately supplied relative to projected housing demand in recent years, suggesting that developers should have a longer-term approach when considering new projects. With the population expected to increase by 357 people by 2041, around 179 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
Approvals Pipeline Development applications near Toorak

Development applications around Toorak

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
Application search is not available in Victoria. AreaSearch holds 28 applications for Toorak, but they are a record of past activity rather than a current register. Victoria has no state-wide planning portal and its council coverage is uneven, so we have switched the search off here rather than return partial answers. We are currently investigating a solution. No credits are charged for Victorian applications, and building approvals from the ABS and the major projects we track are unaffected.

SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Toorak

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AreaSearch tracks 3 current infrastructure and development projects inside Toorak, worth an estimated $125 million. A further 197 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $28 billion. 62 are already under construction and 74 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and business parks & technology hubs. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Changes in infrastructure, major projects, and local planning policies have a significant impact on local property markets. AreaSearch has identified a total of 20 projects that are expected to influence this locality. Prominent developments include One Toorak Place (Orchard Piper Carters Avenue), Orrong Rd, Toorak (707 Orrong Road), Grandview Prahran, and 671 Chapel Street, with the following list highlighting those of greatest significance.

Professional plan users can use the search below to filter and access additional projects.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the Toorak SA2?
Key infrastructure and planning changes likely to influence the Toorak SA2 include: One Toorak Place (Orchard Piper Carters Avenue) (Approved); Orrong Rd, Toorak (707 Orrong Road) (Approved); Grandview Prahran (Construction); 671 Chapel Street (Construction); and Carters Ave, Toorak (2A Carters Avenue) (Approved). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the Toorak SA2?
Infrastructure development impacting the Toorak SA2 spans multiple sectors including Residential Development, Communities, Precincts & Urban Renewal, and Business Parks & Technology Hubs, among others.
What is the scale of infrastructure investment impacting the Toorak SA2?
Infrastructure investment analysis indicates substantial capital deployment exceeding $3.2 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the Toorak SA2 vicinity.
How does the Toorak SA2's infrastructure development compare to other areas?
The Toorak SA2 ranks in the top 20% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
587-593 Church Street Hotel Development
Category: Tourism
Stage: Approved | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Goldfields Group is developing a 12-storey residential hotel on the former Matt Blatt showroom site in Richmond. Designed by Cox Architecture, the 198-room project features a ground-floor cafe, a gym, and function spaces. A signature element is the public rooftop terrace with an infinity pool and two bars, including a teppanyaki restaurant. Following a VCAT appeal, the design was modified to include a pedestrian accessway between Yorkshire Street and Willow Lane and refined building massing to respect the local urban character.

Tourism

One Toorak Place
Category: Communities, Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

Eight-storey mixed-use precinct on the former Mercedes-Benz Toorak site, delivering 44 premium residences with boutique commercial suites, curated retail, a Chris Lucas hospitality precinct, hotel-style concierge services and wellness amenities including a 25-metre pool, gym, sauna, steam room, plunge pools and resident lounge. Designed by KHA Studio for Orchard Piper, with Cobild appointed as construction partner.

Communities, Precincts & Urban Renewal

Holiday Inn Melbourne Richmond
Category: Tourism
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

An eight-storey mixed-use development featuring a 160-room Holiday Inn hotel and 10 boutique 1-bedroom residential apartments. The project includes a ground floor car showroom, premium office spaces, gym, function center, and an 'Open Lobby' concept combining dining and business facilities. Designed by RotheLowman and C Kairouz Architects, the building replaces the former SEN Radio building and celebrates Richmond's industrial heritage with a contemporary design and public plaza.

Tourism

Grandview Prahran
Category: Communities
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

A boutique collection of 26 luxury all-electric residences across four levels at 646 High Street, Prahran East Village. Designed by Carr Architecture for Abadeen Group and built by Manresa Construction, the project is anchored by a 100-year-old nationally heritage-listed Apple Myrtle gum tree, around which a curved architectural form has been crafted. Features include 3m ceilings, rooftop terraces with city views, 305sqm of communal gardens landscaped by Acre, EV charger readiness, number plate recognition, and a 7.5-star NatHERS energy rating.ANZ confirmed as project funder. Over $50 million in sales achieved within six months of launch.

Communities

Burnley Maltings
Category: Residential Development
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Burnley Maltings is an adaptive reuse residential development transforming the historic Terry's Burnley Brewery and Barrett and Burston Maltings site. Designed by Freadman White with landscaping by Jack Merlo, the project features 37 premium residences including heritage-integrated townhouses and terrace homes. The development preserves iconic industrial features such as grain silos while offering modern urban living with high sustainability standards, including a 6.5-star NatHERS rating and solar panel arrays designed to offset resident power bills.

Residential Development

Orrong Rd, Toorak (707 Orrong Road)
Category: Residential Development
Stage: Approved | Est. Comp: 0
Source / Links: Link 1   

Seven luxury apartments approved for construction above basement car park. Development includes premium amenities and elevated position with city views. Christopher Doyle Architects design.

Residential Development

Richmond Lofts / 475 Church Street Commercial Development
Category: Communities, Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Approved commercial mixed-use redevelopment at 475-481 Church Street, Richmond. The project, known as Richmond Lofts or 475 Church Street, is planned as a mid-rise office-led building with ground-floor retail and food and drink premises, two basement levels, bicycle and car parking, and design measures intended to complement the neighbouring Industry Lanes precinct and support the Church Street employment precinct.

Communities, Precincts & Urban Renewal

Carters Ave, Toorak (2A Carters Avenue)
Category: Residential Development
Stage: Approved | Est. Comp: 0

A luxury townhouse development featuring contemporary design with three levels, premium finishes, private courtyards, and secure parking in prestigious Toorak location.

Residential Development

Jobs & IndustryEmployment Trends in Toorak

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7,779 residents of Toorak are employed, from a labour force of 7,979. Unemployment sits at 2.5%, with participation at 65.4%. Weighted for its industry mix, the area's sectors are forecast to grow about 7.7% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 12,106, about 89% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

The local workforce in Toorak is highly qualified, with a prominent share of professionals, a low unemployment rate of 2.5%, and an annual employment growth estimate of 3.9%. As of March 2026, employed residents numbered 7,779, with unemployment tracking 2.3% lower than the Greater Melbourne rate of 4.8%, while the participation rate is slightly below the metropolitan standard (65.4% compared to 70.2% in Greater Melbourne). Census returns indicate that a substantial 47.7% of employed residents worked from home, though this figure may reflect the influence of COVID-19 containment measures. The primary employment sectors for residents are professional & technical services, health care & social assistance, and finance & insurance.

Local workers are heavily concentrated in the professional & technical sector, with its representation reaching 1.8 times the regional benchmark. Conversely, the construction industry employs only 5.1% of the workforce, compared to 9.7% across Greater Melbourne. Comparing the number of working residents to those employed locally suggests that this heavily residential suburb provides few local job openings. An analysis of SALM and ABS statistics by AreaSearch shows that in the twelve months leading to March 2026, the count of employed persons grew by 3.9% and the labor force expanded by 3.8%, resulting in a 0.1 percentage point reduction in the unemployment rate. This trend diverges from Greater Melbourne, where employment grew by 2.1%, the workforce expanded by 2.3%, and the unemployment rate increased by 0.2 percentage points. National employment projections from Jobs and Skills Australia issued in May-25 offer additional perspective on future labor demand patterns in Toorak. These forecasts, looking out five and ten years, are mapped against the local industry profile to project future growth. Nationally, employment is expected to grow by 6.6% over five years and 13.7% over ten years, though these trajectories vary widely by industry. Projecting these industry-level forecasts onto the employment structure of Toorak indicates local employment could expand by 7.7% over five years and 15.2% over ten years, representing a basic weighted projection for visualization that does not incorporate local population forecasts.

Frequently Asked Questions - Employment

What is the employment situation in the Toorak SA2?
As of March 2026, the Toorak SA2 has approximately 7,779 employed residents with an unemployment rate of 2.5%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
How does the Toorak SA2's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the Toorak SA2 stands at 2.5%, which is 2.3 percentage points below Greater Melbourne's rate of 4.8%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the Toorak SA2?
The employment landscape in the Toorak SA2 is dominated by several key sectors. The largest employers are professional & technical (18.1% of employment), health care & social assistance (16.0%), and finance & insurance (9.9%). Other significant employers include retail trade and education & training.
How has employment changed recently in the Toorak SA2?
Over the past year to March 2026, the Toorak SA2 has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has fall. By comparison, Greater Melbourne saw employment increased and its unemployment rate rose.
What is the workforce participation rate in the Toorak SA2?
The workforce participation rate in the Toorak SA2 is 65.4%, which represents the proportion of working-age residents who are either employed or actively seeking work. This healthy participation rate reflects good employment opportunities and workforce engagement. The local rate trailing the Greater Melbourne average of 70.2%, showing similar workforce dynamics to the broader region.
Which industries are over-represented in the Toorak SA2's employment market?
The toorak sa2 shows notable specialization in professional & technical, which employs 18.1% of the local workforce compared to 10.1% regionally. This concentration suggests the area has developed competitive advantages in this sector. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the Toorak SA2?
Based on Jobs and Skills Australia projections applied to the Toorak SA2's industry mix, employment is expected to grow by 7.7% over the next five years and 15.2% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the Toorak SA2 compare nationally?
The toorak sa2's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region saw a 8.9% decline, ranking 34.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the Toorak SA2?
Skilled workers will find excellent opportunities in the Toorak SA2, with knowledge-intensive sectors comprising 54.3% of local employment. Key sectors for skilled workers include professional & technical (18.1%), health care & social assistance (16.0%), and finance & insurance (9.9%). With projected employment growth of 7.7% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Toorak

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Median household income in Toorak is $2,538 a week (about $132,000 a year), with median personal income at $1,428 a week. ATO records put median taxable income at $79,405 a year against an average of $240,326. The average runs 203% above the median, a wider spread than most areas and a sign of a concentrated group of high earners. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

According to postcode-level ATO data compiled by AreaSearch for financial year 2023, the median taxpayer income in the Toorak SA2 is $79,405, while the average stands at $240,326. This represents an exceptionally high financial bracket nationally, contrasting with a median of $57,688 and an average of $75,164 across Greater Melbourne. Accounting for a 9.62% increase in the Wage Price Index since financial year 2023, current projections estimate these figures at approximately $87,044 for the median and $263,445 for the average as of March 2026. Census statistics show household, family, and individual incomes in Toorak rank in the top tiers nationally, falling between the 91st and 97th percentiles.

Income distribution data shows that 35.9% of the population (4,886 individuals) earn in the $4000+ weekly bracket, contrasting with the broader metropolitan area where the $1,500 - 2,999 range is most common at 32.8%. Local economic capacity is highlighted by the 45.3% of households that receive weekly incomes above $3,000, which drives high consumer demand. After accounting for housing expenditure, households retain 87.1% of their income, indicating high disposable funds and placing the area in the 10th decile of the SEIFA index for income.

Frequently Asked Questions - Income

What is the median taxable income in the Toorak SA2?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Toorak SA2 is approximately $87,044. The official ATO data from FY-23 recorded a median of $79,405.
What is the average taxable income in the Toorak SA2?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Toorak SA2 is approximately $263,445. The official ATO data from FY-23 recorded an average of $240,326.
How does the median taxable income in the Toorak SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Toorak SA2 is approximately $87,044 compared to $63,238 in Greater Melbourne. The official ATO data from FY-23 shows $79,405 and $57,688 respectively.
How does the average taxable income in the Toorak SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Toorak SA2 is approximately $263,445 compared to $82,395 in Greater Melbourne. The official ATO data from FY-23 shows $240,326 and $75,164 respectively.
What are the main income cohorts in the Toorak SA2 according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~35.9% / 4,886 persons) of the Toorak SA2's population is the $4000+ cohort.
How do the main income cohorts in the Toorak SA2 compare to the region?
The largest income cohort in the Toorak SA2 is the $4000+ group, representing about 35.9% of the population. In comparison, Greater Melbourne's largest income cohort is the $1,500 - 2,999 group, representing 32.8% of its population, according to the 2021 Census.
What is the median household income in the Toorak SA2 according to the 2021 Census?
The 2021 Census data indicates that the median household income in the Toorak SA2 is $2,538/wk.
What is the median family income in the Toorak SA2 according to the 2021 Census?
According to the 2021 Census, the median family income in the Toorak SA2 is $3,904/wk.
What is the median personal income in the Toorak SA2 according to the 2021 Census?
The 2021 Census shows that the median personal income in the Toorak SA2 is $1,428/wk.
How does the Toorak SA2's income rank nationally?
According to AreaSearch's aggregation of the latest postcode level ATO data released for FY-23, the Toorak SA2 had a median income among taxpayers of $79,405 with the average level standing at $240,326. This is among the top percentile nationally and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 9.62% since FY-23, current estimates would be approximately $87,044 (median) and $263,445 (average) as of March 2026.
What is the disposable income in the Toorak SA2?
The estimated disposable income in the Toorak SA2 is $9,577 per year according to AreaSearch analysis.
How does the Toorak SA2's disposable income compare to the region?
The toorak sa2's disposable income is $9,577 compared to $6,948 for Greater Melbourne, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Toorak

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Toorak had 5,541 occupied dwellings at the 2021 Census, 30% detached houses and 50% apartments. 24% are owned with a mortgage, 32% rented and 44% owned outright. At that Census the median rent was $490 a week and the median mortgage repayment $3,146 a month, a total housing cost higher than 75% of areas nationally. Rent absorbs 19.3% of household income here and mortgage repayments 28.6%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

According to the most recent Census, the mix of housing types in Toorak consisted of 30.3% freestanding houses and 69.6% other residential structures such as townhouses, apartments, and alternative dwellings, compared to the Melbourne metropolitan split of 67.9% houses and 32.1% other dwellings. Home ownership in Toorak was higher than the metropolitan average at 44.4%, with the remaining properties being purchased under a mortgage (23.6%) or rented (32.0%). The median monthly payment for home loans in the area was $3,146, which is notably higher than the Melbourne metropolitan median, while the median weekly rent was $490, compared to $2,000 and $390 respectively across Melbourne metro.

Nationally, mortgage repayments in Toorak are much higher than the Australian median of $1,863, and rent prices are also well above the national median of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the Toorak SA2?
In the Toorak SA2, 44.4% of homes are owned outright, 23.6% are owned with a mortgage, and 32.0% are rented.
What percentage of dwellings in the Toorak SA2 are houses?
According to the latest data, 30.3% of dwellings in the Toorak SA2 are houses.
What percentage of dwellings in the Toorak SA2 are apartments or units?
In the Toorak SA2, 49.7% of dwellings are apartments or units, with an additional 19.9% being semi-detached dwellings.
What is the level of outright home ownership in the Toorak SA2?
Outright home ownership in the Toorak SA2 stands at 44.4%, compared to 30.7% in Greater Melbourne.
What is the median monthly mortgage repayment in the Toorak SA2?
The median monthly mortgage repayment in the Toorak SA2 is $3,146, compared to $2,000 in Greater Melbourne.
What is the median weekly rent in the Toorak SA2?
The median weekly rent in the Toorak SA2 is $490, compared to $390 in Greater Melbourne.
What is the distribution of rental prices in the Toorak SA2?
In the Toorak SA2, 1.4% of rentals are $0-149/week, 18.1% are $150-349/week, 52.1% are $350-649/week, 17.0% are $650-949/week, and 11.5% are $950+/week.
What is the average monthly housing cost in the Toorak SA2?
The aggregate monthly housing cost in the Toorak SA2 is $1,421, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the Toorak SA2?
In the Toorak SA2, households with mortgages typically spend 28.6% of their income on mortgage repayments, while renters spend 19.3% of their income on rent.
How crowded are homes in the Toorak SA2?
The average persons per bedroom ratio in the Toorak SA2 is 0.8, indicating the level of household density.
How does housing affordability in the Toorak SA2 compare to the region?
Housing affordability in the Toorak SA2 shows mortgage holders spending 28.6% of income on repayments (vs 24.3% regionally), while renters spend 19.3% of income on rent (vs 20.5% regionally).
What types of dwellings are most common in the Toorak SA2?
The dwelling mix in the Toorak SA2 consists of 30.3% detached houses, 19.9% semi-detached dwellings, 49.7% apartments, and 0.0% other dwelling types.
What is the weighted average housing cost based on tenure mix in the Toorak SA2?
Accounting for the local ownership mix, the weighted average monthly housing cost is approximately $1,421. This accounts for outright owners paying no housing costs, mortgage holders paying $3,146/month, and renters paying $2,122/month.
How affordable is housing in the Toorak SA2 relative to local incomes?
Housing in Toorak consumes approximately 12.9% of median household income ($10,990 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the Toorak SA2?
Recent development applications in Toorak show attached dwellings contributing 57% of approvals compared to 70% of existing stock, while detached houses represent 43% of applications versus 30% of current dwellings. This suggests development patterns consistent with existing housing mix. This area is seeing substantial increases in dwelling density compared to most Australian locations.

HouseholdsHousehold Composition in Toorak

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Toorak counted 5,541 households at the 2021 Census, an estimated 5,822 today, averaging 2.1 people each. 21% are couples with children, fewer than in 84% of areas nationally, against 31% couples without children. 35% of households are people living alone, and families average 1.3 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Families make up 59.7% of all households in the area, consisting of 20.8% couples raising children, 31.1% couples without children, and 6.8% single parent households. The remaining 40.3% are non-family households, with single-person households representing 35.1% and group living situations accounting for 5.2%. The median household size stands at 2.1 occupants, which is smaller than the Greater Melbourne median of 2.6.

Frequently Asked Questions - Households

How many households are in the Toorak SA2?
As of the 2021 Census, the Toorak SA2 had 5,541 households. Based on population growth patterns, this has grown by approximately 5.1% to an estimated 5,822 households today.
What is the typical household size?
The median household size in the Toorak SA2 is 2.1 people. This compares to 2.6 in Greater Melbourne and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 59.7% of all households. The remaining households consist of lone person households (35.1%), group households (5.2%), and other household types (0.0%).
How are families structured in the area?
Among the 3,307 family households, 20.8% are couples with children, 31.1% are couples without children at home, and 6.8% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the Toorak SA2 compare to regional household patterns?
Compared to Greater Melbourne, the Toorak SA2 shows distinct household patterns. Lone person households are notably over-represented at 35.1% (versus 24.8% regionally). Conversely, family households are under-represented at 59.7% compared to the regional 70.9%. This higher proportion of single-person households drives demand for smaller dwellings and different community services.
What is the average family size?
Families in the Toorak SA2 have an average of 1.3 children, slightly below the Greater Melbourne average of 1.4. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the Toorak SA2?
Marriage patterns reveal 46.6% of the adult population are currently married, while 37.2% have never married. This compares to 47.0% married and 38.0% never married across Greater Melbourne.
How significant are single-person households?
Single-person households represent 35.1% of all households in the Toorak SA2, higher than the regional average of 24.8%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 5.2% of households, well below the Greater Melbourne average of 4.3%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Toorak

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58.8% of adults in Toorak hold a university qualification, including 38.8% with a bachelor degree and 15.9% with postgraduate qualifications, higher than 92% of areas nationally. A further 6.9% hold a vocational qualification. 6 schools serve the area, with 4,498 enrolment places and an average ICSEA of 1,161 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Qualifications in Toorak are significantly higher than regional and national trends, with 58.8% of individuals aged 15+ holding a tertiary degree, compared to 30.4% nationally and 33.4% across VIC. This elevated educational profile positions the community well for knowledge-based employment. Bachelor level qualifications are the most common at 38.8%, followed by postgraduate degrees at 15.9% and graduate diplomas at 4.1%. Vocational pathways make up 17.2% of qualifications for residents aged 15+, consisting of advanced diplomas at 10.3% and certificates at 6.9%. A high proportion of residents are engaged in study, with 27.6% of the population enrolled in an educational program.

This group includes 9.9% attending higher education institutions, 6.8% in secondary schools, and 6.3% in primary education.

Frequently Asked Questions - Education

What percentage of people in the Toorak SA2 have university qualifications?
58.8% of people aged 15 and over in the Toorak SA2 have university qualifications, compared to 37.0% in the broader region.
What percentage of people in the Toorak SA2 have no formal qualifications?
24.0% of people aged 15 and over in the Toorak SA2 have no formal qualifications, compared to 35.2% regionally.
How does the Toorak SA2's education level compare to national averages?
The toorak sa2 ranks in the 92th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the Toorak SA2?
The most common qualifications in the Toorak SA2 are: Bachelor Degree (38.8%), Postgraduate (15.9%), Advanced Diploma (10.3%).
What proportion of the Toorak SA2's population is currently attending educational institutions?
27.6% of the population in the Toorak SA2 is currently engaged in formal education, with 6.3% in primary school, 6.8% in secondary school, 9.9% at university.
What is the ICSEA score for schools in the Toorak SA2?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the Toorak SA2 is 1161, indicating above-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the Toorak SA2?
There are 6 schools within the Toorak SA2, with a combined enrollment of approximately 4,498 students.
What types of schools are available in the Toorak SA2?
The toorak sa2 includes 1 primary school, 5 combined schools.

Schools Detail

AmenitiesServices & Amenities in Toorak

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Getting AroundTransport & Commuting in Toorak

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Public transport in Toorak reaches 59 stops on 8 routes, timetabled for about 7,300 services a week. The typical home sits about 190 m from its nearest stop. Trams carry the largest share of public transport commuters. Households keep an average of 1.1 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Analysis of local public transport shows there are 59 active transit stops in Toorak, offering a combination of lightrail services and buses. These stops accommodate 8 separate routes, which combine to support 7,328 passenger journeys each week. Public transport access is highly rated, with residents living an average of 185 meters from the closest stop. Because the suburb is primarily residential, most workers commute to other areas, with private vehicles remaining the most common choice at 73%, followed by train travel at 9% and walking at 6%. Car ownership averages 1.1 vehicles per household, which is lower than the metropolitan average.

A high proportion of residents, 47.7%, work from home, based on the 2021 Census, which may reflect the impact of COVID-19 restrictions. Service frequency across all local routes averages 1,046 trips per day, which equates to about 124 weekly departures for each individual stop.

Frequently Asked Questions - Transport

How many public transport stops are in Toorak?
There are 59 public transport stops within the Toorak SA2.
How frequent are the transport services in Toorak?
the Toorak SA2 has 7,328 weekly trips across 8 routes, averaging 1,046 trips per day.
How far are residents from public transport in Toorak?
On average, residential properties are 185 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Toorak

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73.4% of residents in Toorak report no long-term health condition, a healthier profile than 99% of areas nationally. 3.7% need daily assistance with core activities, and 94.9% hold private health cover. The standardised death rate runs at 2.8 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Health assessments indicate excellent outcomes in Toorak, based on AreaSearch analysis of mortality statistics and chronic disease trends, which show a very low incidence of common medical conditions across all age groups. Additionally, private health insurance uptake is exceptionally high, covering approximately 95% of the population (12,916 people), compared to 56.7% in Greater Melbourne and a national average of 55.7%. The most prevalent medical conditions reported among local residents are arthritis and mental health challenges, affecting 6.8% and 6.1% of the population respectively, while 73.4% of residents reported having no chronic health issues, compared to 72.6% in Greater Melbourne.

Residents aged 65 and older represent 29.9% of the population (4,068 people), exceeding the Greater Melbourne average of 15.0%. Health profiles for older residents are particularly favorable, with national standings matching those of the general population.

Frequently Asked Questions - Health

How many people in the Toorak SA2 have private health insurance?
Around 94.9% of people in the Toorak SA2 are covered by private health insurance, which compares to 56.7% in the broader region of Greater Melbourne.
What percentage of the population requires ongoing medical assistance in the Toorak SA2?
In the Toorak SA2, 3.7% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.5% of people in Greater Melbourne require similar assistance.
How prevalent is asthma in the Toorak SA2?
6.0% of people in the Toorak SA2 are diagnosed with asthma. In comparison, 7.3% of the population across Greater Melbourne is affected by asthma.
What percentage of people have diabetes in the Toorak SA2?
Diabetes affects 2.5% of the the Toorak SA2 population, while in the surrounding region, 4.1% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the Toorak SA2?
3.9% of people in the Toorak SA2 have heart disease. Across the region of Greater Melbourne, 3.1% of the population is affected by heart disease.
How does the Toorak SA2 compare to the region in terms of overall private health coverage?
In the Toorak SA2, 94.9% of the population are estimated to have private health insurance. Comparatively, Greater Melbourne sees an estimated private health coverage rate of 56.7%.

Ancestry & LanguageCultural Diversity in Toorak

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32.9% of Toorak residents were born overseas and 21.2% speak a language other than English at home. The largest reported ancestries are English (24.4%) and Australian (16.8%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Toorak exhibits a higher level of cultural diversity than most comparable markets, with 21.2% of the population speaking a non-English language at home and 32.9% born outside Australia. Christianity is the most common religious affiliation, representing 43.5% of residents. The most significant divergence from regional norms is in Judaism, which is practiced by 10.7% of the population, a figure substantially higher than the Greater Melbourne average of 1.0%. Looking at parent birthplaces, the most common ancestries in Toorak are English at 24.4%, Australian at 16.8%, and Other at 11.0%. There are also distinct concentrations of other backgrounds, with Polish ancestry representing 3.2% of Toorak (compared to 0.8% across the region), Russian at 1.1% (compared to 0.4%), and Hungarian at 0.7% (compared to 0.3%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the Toorak SA2?
Toorak was found to be more culturally diverse than the vast majority of local markets, with 21.2% of its population speaking a language other than English at home and 32.9% born overseas.
What is the most common religion in the Toorak SA2?
The main religion in Toorak was found to be Christianity, which makes up 43.5% of people in Toorak. However, the most apparent overrepresentation was in Judaism, which comprises 10.7% of the population, substantially higher than the Greater Melbourne average of 1.0%.
What are the top countries of origin in the Toorak SA2?
In terms of ancestry (country of birth of parents), the top three represented groups in Toorak are English, comprising 24.4% of the population, Australian, comprising 16.8% of the population, and Other, comprising 11.0% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Polish is notably overrepresented at 3.2% of Toorak (vs 0.8% regionally), Russian at 1.1% (vs 0.4%) and Hungarian at 0.7% (vs 0.3%).
How does the percentage of people born overseas compare to the regional average?
32.9% of the the Toorak SA2 population was born overseas, compared to 37.3% regionally.
What percentage of the the Toorak SA2 population speaks a language other than English at home?
21.2% of the population in the Toorak SA2 speaks a language other than English at home, compared to 35.9% in the wider region.
How many people in the Toorak SA2 identify as Australian Aboriginal?
0.2% of the the Toorak SA2 population identifies as Australian Aboriginal, compared to 0.5% in the region.
What is the citizenship status of the population in the Toorak SA2?
83.1% of the the Toorak SA2 population holds citizenship, compared to 81.1% in the wider region.

Age StructureAge Profile of Toorak

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The median resident of Toorak is 47, older than 84% of areas nationally. 27.5% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The median age of Toorak's population is 47 years, which is much higher than the Greater Melbourne average of 37 and the national average of 38 years. The cohort aged 75 - 84 is highly represented at 12.2% compared to Greater Melbourne, while the 35 - 44 demographic is less common at 10.1%. This concentration of residents aged 75 - 84 is significantly higher than the national figure of 6.1%. Since the 2021 Census, the proportion of residents aged 75 to 84 has risen from 9.6% to 12.2%, and the cohort aged 85+ has grown from 4.0% to 5.1%.

In contrast, the 45 to 54 cohort fell from 11.9% to 9.9% and the 65 to 74 age group decreased from 13.6% to 12.6%. Future demographic projections suggest the age profile of Toorak will change considerably by 2041. The 85+ cohort is expected to grow the fastest, with a 93% increase that adds 645 residents to reach 1,341. Older residents (65+) are projected to account for 100% of net population growth, highlighting the aging trend of the area, while the cohorts aged 45 to 54 and 0 to 4 are expected to decline.

Frequently Asked Questions - Age

What is the median age in the Toorak SA2?
According to the latest data, the median age in the Toorak SA2 is 47 years.
How does the Toorak SA2's median age compare to broader areas?
At 47 years, Toorak is 10 years older than the Greater Melbourne average (37 years) and 9 years older than the national average (38 years).
What age groups are over-represented in the Toorak SA2?
The most over-represented age group in the Toorak SA2 compared to the Greater Melbourne region is the 75 - 84 group, making up 12.2% of the population.
What age groups are under-represented in the Toorak SA2?
The most under-represented age group in the Toorak SA2 compared to the Greater Melbourne region is the 35 - 44 group, making up 10.1% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the Toorak SA2 show significant variance compared to the Greater Melbourne region. The most over-represented age groups are 85+ year-olds (5.1% vs 2.0%) and 75-84 year-olds (12.2% vs 5.1%). The most under-represented age groups are 0-4 year-olds (2.9% vs 5.6%) and 5-14 year-olds (7.5% vs 11.9%).
What is the percentage of children (0-14 years) in the Toorak SA2?
The percentage of children aged 0-14 years in the Toorak SA2 is 10.4%.
What is the percentage of older people (65+ years) in the Toorak SA2?
The percentage of people aged 65 and over in the Toorak SA2 is 29.9%.

Data & MethodBoundaries, Sources & Method for Toorak

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the SA2 boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily Jun 2026 2 months ago all 3 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Jun 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 237 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (12,953 at the 2021 Census → 13,611 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (206061138). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

Why can the Toorak SA2 boundary differ from the suburb boundary?
This page uses ABS Statistical Area Level 2 (SA2) boundaries for statistical reporting (e.g., census and ERP). SA2 areas can differ materially from Suburbs and Localities (SAL) boundaries, even when they share similar names, because they are defined for different purposes and often use different geographic boundaries.
Where does the data on this Toorak page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Toorak data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (Jun 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas