Toorak is a suburb of Melbourne, Victoria, Australia, 5 km south-east from Melbourne's Central Business District. Its local government area is the City of Stonnington. At the 2011 census, Toorak had a population of 12,871. 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.