Prahran vs Windsor

Windsor (median $1,400,000) is roughly 16% cheaper to buy into than Prahran ($1,667,500).

Buying in Prahran or Windsor?

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Prahran and Windsor side by side

MeasurePrahranWindsor
Price and market
Median house$1,667,500$1,400,000
Median unit$524,000$520,000
Renting
House rent$975/wk$975/wk
Unit rent$650/wk$650/wk
Owner occupied44.0%–
Renter occupied54.0%–
Schools
Schools nearby2020
Average ICSEA11221118
Lifestyle and people
Walk score100100
Transit score100100
Bike score100100
Population12,203–
Median age34–
Climate
Annual rainfall625 mm625 mm
Mean max, January26.6°C26.6°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Prahran (1122) sits above Windsor (1118).

For buyers
Windsor is the lower entry point at $1,400,000 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Windsor offers the higher gross rental yield (3.62% vs 3.04%), favouring cash-flow investors.
For families
Prahran edges out on average school ICSEA (1122 vs 1118).

Prahran vs Windsor: common questions

Is Prahran or Windsor cheaper to buy in?

Windsor has the lower median house price at $1,400,000, roughly 16% below Prahran ($1,667,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Prahran or Windsor have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Prahran scores 1122 vs 1118 in Windsor. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Prahran or Windsor?

Gross rental yield on houses is 3.62% in Windsor vs 3.04% in Prahran. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.