Toorak Gardens, Australia

Full City Profile

3.4 /5.0

B Good

2,611 Population 3/sq mi density

266 ft Elevation 81 meters

62°F Avg Temperature 17°C

Overall

3.4 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.0 / 5.0

$36,098 median income, 4.4% unemployment

B+

Affordability

3.9 / 5.0

$180,200 home value, $901/mo rent

Toorak Gardens, Australia

At a Glance

Median Income

$36,098

52% below

$36,098 per capita

Home Value

$180,200

36% below

Median Rent

$901/mo

23% below

Unemployment

4.4%

22% above

Avg Temperature

62°F

318 sunny days/yr

Is Toorak Gardens a Good Place to Live?

3.4 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Toorak Gardens residents earn a median household income of $36,098 , which is 52% below the national average of $75,149. Per capita income is $36,098. The unemployment rate stands at 4.4% (22% above the U.S. rate of 3.6%). The area is home to 248 business establishments.

Housing & Cost of Living

The median home value in Toorak Gardens is $180,200 , 36% below the national median of $281,900. Median rent is $901/month.

Climate & Weather

Toorak Gardens has an average annual temperature of 62°F (17°C). Winters average 72°F in January while summers reach 53°F in July. The area gets 318 sunny days per year. Annual precipitation totals 36.7 inches.

Data Overview

People

Population2,611

Median Age47.0 yrs

Density3/mi²

Foreign Born26.5%

Economy

Median Income$36,098

Per Capita$36,098

Unemployment4.4%

Poverty

Avg Weekly Wage$694

Housing

B+

Home Value$180,200

Rent$901

Ownership73.4%

Housing Units1,044

Climate

Avg Temp62°F

Sunny Days318/yr

Rain36.7 in/yr

Elevation266 ft

Did You Know?

26.5% of residents are foreign-born.