The new Prado is also said to be more capable in all driving conditions while also being more comfortable, thanks to the addition of new premium features.
With state-of-the-art driver-assist technologies, new Prado will for the first time in Australia be offered in both three- and five-door configuration.
Fuel economy has been significantly improved in most models with Prado's 4.0-litre six-cylinder petrol engine now featuring dual VVT-i, which has helped boost its maximum power at least 10 per cent to more than 200kW.
The 3.0-litre direct-injection turbo-diesel four-cylinder engine gains new injectors and improved cooling efficiency from a front-mounted intercooler. The diesel engine will offer more than 400Nm of torque from just 1200rpm.
Both engines can be matched to six-speed manual or five-speed sequential-shift automatic transmissions.
All new Prado models will have seven airbags, ESC with Traction Control, as well as ABS with EBA and EBD. Multi-Terrain Select (MTS) is newly available and incorporates multi-terrain ABS.
Downhill Assist Control (DAC) maintains vehicle speed to ensure vehicle stability when descending slopes, while Hill-start Assist Control (HAC) minimises vehicle roll-back when the vehicle starts to ascend a steep incline or slippery surface.
Toyota's Adaptive Variable Suspension (AVS) system with Roll Posture Control lets the driver tune the ride characteristics with a choice of three damper settings.
An electronically controlled rear air suspension system provides an auto-levelling function and switchable height control.
Pricing and full specification details will be released closer to the launch.