What does Django's @property do?

As you see, the function full_name returns a string with the persons first and last name.

What the @property decorator does, is declare that it can be accessed like it's a regular property.

This means you can call full_name as if it were a member variable instead of a function, so like this:

name = person.full_name

instead of

name = person.full_name()

You could also define a setter method like this:

@full_name.setter
def full_name(self, value):
     names = value.split(' ')
     self.first_name = names[0]
     self.last_name = names[1]

Using this method, you can set a persons full name like this:

person.full_name = 'John Doe'

instead of

person.set_full_name('John Doe')

P.S. the setter above is just an example, as it only works for names that consist of two words separated by a whitespace. In real life, you'd use a more robust function.

In some languages users are encouraged to make attributes private and create public getter and setter methods, e.g. in some made up Python-like language with private and public:

class Foo:
    private bar

    public get_bar(bar):
        return self.bar  # or look it up in a database
                         # or compute it on the fly from other values
                         # or anything else

    public set_bar(new_bar):
        self.bar = new_bar

The argument is about providing a stable interface. If you want to change the inner workings of your class, e.g. to look it up from a database or compute it, users of the class won't have to change anything; they just keep calling the getter and setter.

In Python we don't really have private attributes, and we want simple syntax. So we flip it: programmers often directly access an object's attributes. But what if you want to change the internal behaviour? We don't want to change the class' interface.

@property lets you change how bar works internally without changing the external interface. Users of the class can still access foo.bar, but your internal logic can be completely different:

class Foo:
    def __init__(self, bar):
        self.bar = bar

def main():
    f = Foo()
    print(f.bar)

# Later we can change to something this without breaking other code
class Foo:
    def __init__(self, bar):
        self.save_bar_to_database(bar)  # Or anything else

    @property
    def bar(self):
        return self.load_bar_from_database()