TOORAK VIC 3142
The name Toorak has become synonymous with wealth and privilege, the suburb long having the reputation of being Melbourne’s most elite, and ranking among the most prestigious in Australia. It has the highest average property values in Melbourne, and is one of the most expensive suburbs in Australia. It is also listed as the “highest money-earning suburb” in the country.
Toorak is named after Toorak House, the 1849-built residence of James Jackson, a merchant.