Prahran vs South Yarra
House prices, rent and lifestyle, side by side. Every figure shows its period and source.
Bars scale each row to its largest figure.
| Suburb | PrahranStonnington | South YarraStonnington |
|---|---|---|
| Price & rent | ||
| Median house priceValuer-General Victoria | $1,680,000 (calendar year 2025) | $1,980,000 (calendar year 2025) |
| Median unit price | $485,000 (calendar year 2025) | $585,000 (calendar year 2025) |
| Median weekly rentDFFH / Census 2021 | $590/wk | $620/wk |
| Gross rental yieldweekly rent x 52 / house price, before costs | 1.83% | 1.63% |
| People | ||
| PopulationABS Census 2021 | 12,203 | 25,028 |
| SEIFA advantage decile | 9/10 | 9/10 |
| Housing | ||
| Houses | 18% | 7% |
| Townhouses | 22% | 13% |
| Apartments/units | 60% | 80% |
| Transport | ||
| Distance to Melbourne CBD | 5.4 km | 3.8 km |
| Train stations | 10 | 17 |
| Tram stops | 30 | 33 |
| Planning & risk | ||
| Flood overlayVicmap Planning | 13% | 14% |
| Bushfire overlayVicmap Planning | 0% | 0% |
| Heritage overlayVicmap Planning | 34% | 51% |
| Schools (zoned government) | ||
| Primary | Armadale Primary School, South Yarra Primary School, Toorak Primary School, Windsor Primary School | Richmond Primary School, South Yarra Primary School, Toorak Primary School, Windsor Primary School |
| Secondary | Auburn High School, Elwood College, Melbourne Girls College, Prahran High School | Melbourne Girls College, Prahran High School, Richmond High School |
| Safety | ||
| Recorded crime (council area)Crime Statistics Agency Victoria, council-wide | Higher than most areas | Higher than most areas |
Key differences
- South Yarra is higher on median house price (by about 18%).
- South Yarra is higher on median unit price (by about 21%).
- South Yarra is higher on population (by about 105%).
- South Yarra is higher on heritage overlay share (by about 17 percentage points).
Median house price over time
PrahranSouth Yarra
The median house price in Prahran was $1,680,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $485,000 in calendar year 2025. The median house price in South Yarra was $1,980,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $585,000 in calendar year 2025.