Prestons · Suburb / Locality

Housing & Dwellings in Prestons

Where and how people live — the homes, how they are held, and what they cost.

Almost 95% of homes in Prestons have three or more bedrooms, making it an area dominated by large family dwellings. This preference for spacious housing is mirrored in the costs, where typical weekly rents are among the highest for similar areas at $520.

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📍 Prestons, Suburb / Locality

Where Prestons sits — Median rent (weekly)

$520 ▲ +30.0%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Prestons — higher than 94% of areas.

Median rent (weekly) compared with the state and national average
Prestons$520
2170, NSW $395
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are well above the national figure of $375. Home-loan payments are also high, with the usual monthly payment of $2,200 being much higher than in most other similar areas.

$520 ▲ +30.0%

Higher than 94% of suburb / locality areas.

  • 2011: $400
  • 2016: $480
  • 2021: $520

Median weekly rent paid by households renting their home.

$2,200 ▼ -8.4%

Higher than 81% of suburb / locality areas.

  • 2011: $2,401
  • 2016: $2,167
  • 2021: $2,200

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Prestons, the largest group is $350–$549 at 47%, followed by $550–$749 (41%) and $200–$349 (8%).

Monthly mortgage distribution

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In Prestons, the largest group is $1,800–$2,999 at 46%, followed by $3,000 or more (24%) and $1,000–$1,799 (19%).

Owning & renting

How homes are owned or rented.

Most people here pay off a mortgage, which accounts for 54.8% of homes. Only 23.3% of residents own their home outright, a figure that is well below both the state and national averages.

18.0% ▲ +23.0%

Higher than 54% of suburb / locality areas.

  • 2011: 14.6%
  • 2016: 16.2%
  • 2021: 18.0%

Share of occupied private dwellings that are rented.

23.3% ▲ +37.4%

Lower than 87% of suburb / locality areas.

  • 2011: 16.9%
  • 2016: 21.3%
  • 2021: 23.3%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Prestons, Owned with a mortgage is the majority at 55%; Owned outright is next at 23%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 92.5% of the neighborhood, far above the national figure of 72.3%. With 60.8% of homes having four bedrooms, there are more people per bedroom here than in most other areas.

0.90 ▼ -18.2%

Higher than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 1.00
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

92.5% ▲ +10.3%

Lower than 62% of suburb / locality areas.

  • 2011: 83.8%
  • 2016: 96.0%
  • 2021: 92.5%

Share of occupied private dwellings that are separate houses.

94.6% ▼ -0.1%

Higher than 89% of suburb / locality areas.

  • 2011: 94.7%
  • 2016: 93.9%
  • 2021: 94.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Prestons, Separate house is the majority at 93%; Townhouse / semi-detached is next at 7%.

Bedrooms per home

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In Prestons, 4 bedrooms is the majority at 62%; 3 bedrooms is next at 21%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Prestons

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Prestons [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13272/prestons/topic/housing-dwellings