Toorak vs Prahran
Prahran is the younger of the two, with a median age of 34 against 47 in Toorak. In Toorak, most households own their home, about half of homes are flats or apartments, and about half of households are people living alone. In Prahran, most households rent, most homes are flats or apartments, and most households are people living alone. Units cost more in Toorak: a median of $816,000, against $472,000 in Prahran, and rent is higher there too. On these figures, Toorak tends to suit older residents, while Prahran suits renters, young adults, and people living alone.
Which one suits you?
There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.
Families with school-age kids
Toorak
ahead on 5 of the 6 things we measure here
- has more schools inside the suburb (6 vs 1)
- has more childcare (10 vs 5)
- is already more of a family suburb (40% vs 23%)
- But Prahran has more parks and reserves (9 vs 6)
Weighs schools, house stock, crime, parks, childcare, and who already lives there.
First-home buyers
Prahran
ahead on 2 of the 3 things we measure here
- has cheaper houses ($1,600,000 vs $3,150,000)
- has cheaper units ($472,000 vs $815,500)
Weighs house prices, unit prices, and mortgage stress.
Renters
Prahran
ahead on 2 of the 3 things we measure here
- has a bigger rental market to choose from (55% vs 32%)
- has cheaper rent ($421/wk vs $486/wk)
Weighs rent, rental stress, and how much is for rent.
Commuting to the city
Prahran
ahead on the one thing that separates them
- is more walkable (99/100 vs 88/100)
Weighs distance, drive time, rail access, and walkability.
Downsizers and retirees
Prahran
ahead on 3 of the 5 things we measure here
- has more GPs (10 vs 4)
- has more units and townhouses to downsize into (82% vs 70%)
- is more walkable (99/100 vs 88/100)
- But Toorak has more residents already 65 and over (27% vs 12%)
Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.
Investors
Prahran
ahead on 2 of the 3 things we measure here
- returns a higher gross yield on houses (3.2% vs 2.4%)
- returns a higher gross yield on units (5.0% vs 4.1%)
- But Toorak is growing faster (-0.7% vs -6.0%)
Weighs house yield, unit yield, and population growth.
Where they sit
Toorak and Prahran drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.
Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.
Side by side, out of 100
Risks are inverted — shown as safety and low exposure — so a longer bar always means better.
Demographics
Toorak skews older (47 vs 34); Toorak has higher household incomes ($131,716 vs $110,292).
| Toorak | Prahran | |
|---|---|---|
| Population | 12,817 +5% vs other | 12,203 |
| Population trend (2016 → 2021) | -0.7% | -6.0% |
| Median age | 47 | 34 |
| Median household income | $131,716/yr +16% vs other | $110,292/yr |
| Median weekly rent | $486/wk +13% vs other | $421/wk |
Age profile
Share of residents in each band, 2021 Census.
Bars are drawn against the largest share shown (31.2%).
Who lives together
Household composition, 2021 Census.
Who owns and who rents
Occupied private dwellings by tenure, 2021 Census.
Qualifications
Highest non-school qualification, residents 15+, 2021 Census.
Bars are drawn against the largest share shown (33.4%).
Where residents were born
Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.
Bars are drawn against the largest share shown (5.0%).
What people live in
Occupied private dwellings by structure, 2021 Census.
Property market
| Toorak | Prahran | |
|---|---|---|
| Median house price | $3,150,000 | $1,600,000 |
| Median unit price | $815,500 | $472,000 |
| Median land price | — same for both | |
| Typical days to sell (houses) | 28 days from 61 sales | 24 days from 78 sales |
House price by bedroom count
Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.
37 vs 65 sales
23 vs 11 sales
Unit price by bedroom count
Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.
48 vs 184 sales
156 vs 175 sales
54 vs 19 sales
Zoning mix
Prahran has more commercially zoned land (18% vs 2%).
| Toorak | Prahran | |
|---|---|---|
| Residential | 88% | 67% |
| Commercial | 2% | 18% |
| Infrastructure and transport | 5% | 9% |
| Parks and recreation | 2% | 5% |
| Other and special use | 3% | 0% |
| Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09. | ||
Development activity
| Toorak | Prahran | |
|---|---|---|
| New dwellings approved | 818 across Stonnington same for both | |
| Approvals change year on year | +67% same for both | |
Gross rental yield
| Toorak | Prahran | |
|---|---|---|
| Houses | 2.4% $1,550/wk on $3.29M | 3.2% $1,000/wk on $1.6M |
| Units | 4.1% $700/wk on $890K | 5.0% $550/wk on $575K |
Ranking within VIC
| Toorak | Prahran | |
|---|---|---|
| House price | Higher than 100% of VIC | Higher than 91% of VIC |
| Income | Higher than 95% of VIC | Higher than 82% of VIC |
| Schools | Higher than 64% of VIC | — |
| Walkability | Higher than 95% of VIC | Higher than 99% of VIC |
| Affordability | Higher than 1% of VIC | Higher than 12% of VIC |
| EV adoption | Higher than 100% of VIC | Higher than 96% of VIC |
| NBN connectivity | Higher than 84% of VIC | Higher than 88% of VIC |
| Rental yield (houses) | Higher than 4% of VIC | Higher than 25% of VIC |
| Rental yield (units) | Higher than 12% of VIC | Higher than 60% of VIC |
Liveability
Prahran is more walkable (99 vs 88).
| Toorak | Prahran | |
|---|---|---|
| Grade | A same for both | |
| Score | 77/100 | 80/100 |
| Socio-economic band | very advantaged area decile 10/10 same for both | |
Risk profile
Toorak carries more flood risk (56 vs 42); Prahran carries more crime risk (94 vs 73).
| Toorak | Prahran | |
|---|---|---|
| Bushfire | None 0/100 same for both | |
| Crime | High 73/100 | High 94/100 |
| Flood | Moderate 56/100 | Moderate 42/100 |
| Coastal erosion | None 0/100 same for both | |
| Aircraft noise | None 0/100 same for both | |
| Industrial facilities nearby | 12 within 5 km same for both | |
Schools
| Toorak | Prahran | |
|---|---|---|
| Inside the suburb | 6 | 1 |
| Rated above peers | 2 | 0 |
| Rated at peers | 1 same for both | |
| Rated below peers | 1 | 0 |
| Universities within 10 km | 3 Hawthorn Campus John Street Hawthorn Swinburne University, 2.3 km | 3 Melbourne C.Q.U Campus, 3.9 km |
| Full-time students aged 15–24 | 4.3% | 3.3% |
Schools in Toorak
- St Catherine's School Independent · Combined above peers
- Toorak Primary School Government · Primary above peers
- St Kevin's College Catholic · Combined at peers
- Loreto Mandeville Hall Catholic · Combined below peers
- Geelong Grammar School - Toorak campus Independent · Combined
- St Kevin's College - Glendalough Catholic · Combined
Schools in Prahran
- Our Lady of Lourdes School Catholic · Primary at peers
Amenities in the suburb
| Toorak | Prahran | |
|---|---|---|
| Supermarkets | 3 same for both | |
| Cafes & restaurants | 3 | 29 |
| Parks & reserves | 6 | 9 |
| Childcare | 10 | 5 |
| GPs | 4 | 10 |
| Pharmacies | 4 | 5 |
| Hospitals | 0 | 1 |
| Police stations | 0 | 1 |
| Banks & Bank@Post | 4 | 1 |
| Fuel stations | 0 | 3 |
| Waterways | 1 | 0 |
Mobility
| Toorak | Prahran | |
|---|---|---|
| Walkability score | 88/100 | 99/100 |
| Distance to Melbourne | 7.8 km +3% vs other | 7.6 km |
| Drive time (normal traffic) | 18 min same for both | |
| Public transport score | 95/100 Rail · Tram · Bus | 96/100 Rail · Tram · Bus |
| Peak arrivals per hour | 298.5 7-9am + 5-7pm | 262.2 7-9am + 5-7pm |
| Median peak wait | 0 min scheduled, not actual same for both | |
| Electric vehicle share | 3.5% postcode 3142 | 2.2% postcode 3181 |
| Rooftop solar per 100 dwellings | 7 postcode 3142 | 5 postcode 3181 |
How people get to work
Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.
Bars are drawn against the largest share shown (51.9%).
Setting
| Toorak | Prahran | |
|---|---|---|
| Elevation | 52 m above sea level, at the suburb centre | 30 m above sea level, at the suburb centre |
| Distance to the ocean | 4.7 km 4.8 km to a named beach | 2.8 km 3.0 km to a named beach |
NBN connectivity
| Toorak | Prahran | |
|---|---|---|
| Connectivity score | 76/100 | 78/100 |
| Most common technology | Hybrid fibre-coaxial same for both | |
| Full-fibre (FTTP) share | 4% 8,025 premises | 19% 9,581 premises |
Climate
| Toorak | Prahran | |
|---|---|---|
| Annual rainfall | 534 mm same for both | |
| Summer max (Jan) | 26.7°C same for both | |
| Winter min (Jul) | 6.5°C same for both | |
Air quality (annual mean)
| Toorak | Prahran | |
|---|---|---|
| PM2.5 | 7.9 µg/m³ same for both | |
| PM10 | — same for both | |
| NO₂ | — same for both | |
Council rates
| Toorak | Prahran | |
|---|---|---|
| Average residential rate | $1,647/yr same for both | |
| Council | Stonnington same for both | |
Federal electorate
| Toorak | Prahran | |
|---|---|---|
| Division | Kooyong | Melbourne |
| Member | Monique Ryan | Sarah Witty |
| Party | Independent | Australian Labor Party |
First Home Owner Grant
| Toorak | Prahran | |
|---|---|---|
| Grant amount | $10,000 same for both | |
| Property price cap | $750,000 same for both | |
| Eligibility | New same for both | |
Tags
More comparisons
Other comparisons with Toorak
Other comparisons with Prahran
Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.