Toorak, Australia

Full City Profile

3.4 /5.0

B Good

12,817 Population 7,721/sq mi density

180 ft Elevation 55 meters

59°F Avg Temperature 15°C

Overall

3.4 / 5.0

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

Economy

3.4 / 5.0

$48,233 median income, 3.7% unemployment

Affordability

3.5 / 5.0

$273,800 home value, $1,369/mo rent

Toorak, Australia

At a Glance

Median Income

$48,233

36% below

$48,233 per capita

Home Value

$273,800

3% below

Median Rent

$1,369/mo

18% above

Unemployment

3.7%

3% above

Avg Temperature

59°F

292 sunny days/yr

Is Toorak 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 residents earn a median household income of $48,233 , which is 36% below the national average of $75,149. Per capita income is $48,233. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). The area is home to 1,218 business establishments.

Housing & Cost of Living

The median home value in Toorak is $273,800 , 3% below the national median of $281,900. Median rent is $1,369/month.

Climate & Weather

Toorak has an average annual temperature of 59°F (15°C). Winters average 68°F in January while summers reach 52°F in July. The area gets 292 sunny days per year. Annual precipitation totals 33.2 inches.

Data Overview

People

Population12,817

Median Age47.0 yrs

Density7,721/mi²

Foreign Born30.9%

Economy

Median Income$48,233

Per Capita$48,233

Unemployment3.7%

Poverty

Avg Weekly Wage$928

Housing

Home Value$273,800

Rent$1,369

Ownership67.7%

Housing Units5,127

Climate

Avg Temp59°F

Sunny Days292/yr

Rain33.2 in/yr

Elevation180 ft

Did You Know?

30.9% of residents are foreign-born.