Preston · Suburb / Locality

Housing & Dwellings in Preston

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

Far fewer people rent in Preston compared to the rest of the state, with only 10% of households renting. This makes the area stand out from Queensland and Australian averages. Most residents own their homes, and the typical weekly rent of $200 is far below the national figure.

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📍 Preston, Suburb / Locality

Where Preston sits — Median rent (weekly)

$200 ▼ -16.7%
  • $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 Preston — lower than 75% of areas.

Median rent (weekly) compared with the state and national average
Preston$200
4800, QLD $280
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is far below the state and national figures, sitting at $200. Home loan payments are also a little below the national typical of $1,863, with the usual monthly payment here being $1,517.

$200 ▼ -16.7%

Lower than 75% of suburb / locality areas.

  • 2011: $240
  • 2016: $170
  • 2021: $200

Median weekly rent paid by households renting their home.

$1,517 ▼ -22.2%

Lower than 57% of suburb / locality areas.

  • 2011: $1,950
  • 2016: $1,300
  • 2021: $1,517

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Preston, Under $200 is the majority at 69%; $350–$549 is next at 31%.

Monthly mortgage distribution

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In Preston, $1,000–$1,799 is the majority at 53%; Under $1,000 is next at 22%.

Owning & renting

How homes are owned or rented.

Home ownership is high in Preston, where 43.3% of homes are owned outright, a figure far above the national average of 31%. This helps explain why the rental rate of 10% is far below the Queensland average.

10.0% ▼ -50.8%

Lower than 73% of suburb / locality areas.

  • 2011: 20.3%
  • 2016: 12.0%
  • 2021: 10.0%

Share of occupied private dwellings that are rented.

43.3% ▲ +37.0%

Higher than 56% of suburb / locality areas.

  • 2011: 31.6%
  • 2016: 41.0%
  • 2021: 43.3%

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

How homes are owned or rented

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Preston splits fairly evenly between Owned with a mortgage (45%) and Owned outright (43%), with Rented at 10%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 97.5% of all homes, which is far above the national figure of 72.3%. While 71.7% of homes have three or more bedrooms, there are a little more people per bedroom here than in most other areas.

0.90 ▼ -25.0%

Higher than 86% of suburb / locality areas.

  • 2011: 1.20
  • 2016: 0.80
  • 2021: 0.90

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

97.5% ▼ -0.2%

Higher than 55% of suburb / locality areas.

  • 2011: 97.7%
  • 2016: 97.0%
  • 2021: 97.5%

Share of occupied private dwellings that are separate houses.

71.7% ▼ -3.2%

Lower than 69% of suburb / locality areas.

  • 2011: 74.0%
  • 2016: 80.0%
  • 2021: 71.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Preston, Separate house is the majority at 98%; Other dwelling is next at 3%.

Bedrooms per home

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In Preston, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (19%) and 2 bedrooms (17%).

Sources

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

More for Preston

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Preston [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL32363/preston/topic/housing-dwellings