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Toorak

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Toorak

Toorak (/ˈtræk/) is an inner suburb of Melbourne, Victoria, Australia, 5 km (3.1 mi) south-east of the Melbourne central business district, located within the City of Stonnington local government area. Toorak recorded a population of 12,817 at the 2021 census.

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.[citation needed] It has the highest average property values in Melbourne, and is one of the most expensive suburbs in Australia.[citation needed] It is the nation's fourth highest earning postcode.

Located on a rise on the south side (or left bank) of a bend in the Yarra River, Toorak is bordered by South Yarra, at Williams Road on the west, Malvern, at Glenferrie Road on the east, Prahran and Armadale, at Malvern Road to the south and the suburbs of Richmond, Burnley and Hawthorn on the north side of the river. The suburb's main street is considered to be Toorak Road, on which the commercial area of Toorak Village is located.

Toorak was named after Toorak House, an Italianate residence built in 1849 by merchant James Jackson. The name of the house may have originated from the Woiwurrung language of the indigenous inhabitants, with words of similar pronunciation meaning "black crow" or "reedy swamp".

From 1854 Toorak House served as the residence of the first Governor of Victoria, Captain Sir Charles Hotham KCB RN and his successors, until the completion of the present Government House (1876) in the Kings Domain.

Toorak Post Office opened around June 1858.

During the land boom of the 1880s, many large and elaborate mansions were erected in Toorak, often in the Italianate style. Following East Melbourne and then St Kilda, Toorak, along with Brighton, became the new favored location for the wealthy.

The suburb was hit particularly hard by the 1890s economic depression and many wealthy landowners declared bankruptcy and were forced to sell. Nonetheless, the suburb remained and is still Melbourne's home of "old money". During the Interwar period, many houses were built in the Tudor revival style; many houses were also designed by society Architect Marcus Martin in the Moderne style over a Georgian building form.

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