Preston · Suburb / Locality

Housing & Dwellings in Preston

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

Almost every home in Preston is a separate house, with 94.9% of dwellings being detached. This area is defined by very low housing costs and a high number of people who own their homes without a mortgage. It stands out for being much more affordable than both the state and national averages.

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📍 Preston, Suburb / Locality

Where Preston sits — Median rent (weekly)

$220 ▲ +158.8%
  • $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 69% of areas.

Median rent (weekly) compared with the state and national average
Preston$220
7315, TAS $246
Tasmania $290
Australia $375

Housing costs

Rents, mortgages and crowding.

Housing is very affordable here, with the typical monthly home-loan payment of $686 being far below the Tasmanian figure of $1,313. Weekly rents are also much lower than elsewhere, typically costing $220 compared to the national figure of $375.

$220 ▲ +158.8%

Lower than 69% of suburb / locality areas.

  • 2011: $85
  • 2016: $180
  • 2021: $220

Median weekly rent paid by households renting their home.

$686 ▼ -36.7%

Lower than 94% of suburb / locality areas.

  • 2011: $1,083
  • 2016: $867
  • 2021: $686

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Preston, Under $200 is the majority at 77%; $200–$349 is next at 23%.

Monthly mortgage distribution

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In Preston, the largest group is Under $1,000 at 50%, followed by $1,000–$1,799 (28%) and $1,800–$2,999 (22%).

Owning & renting

How homes are owned or rented.

Nearly half of all residents (47.5%) own their homes outright, which is far above the 31.0% seen across Australia. Because of this high rate of ownership, the share of households renting at 18.6% is far below the national average.

18.6% ▲ +31.8%

Higher than 56% of suburb / locality areas.

  • 2011: 14.2%
  • 2016: 14.0%
  • 2021: 18.6%

Share of occupied private dwellings that are rented.

47.5% ▲ +7.0%

Higher than 69% of suburb / locality areas.

  • 2011: 44.3%
  • 2016: 47.4%
  • 2021: 47.5%

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

How homes are owned or rented

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In Preston, the largest group is Owned outright at 49%, followed by Owned with a mortgage (25%) and Rented (19%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 94.9% of homes, a figure far above the Australian average of 72.3%. Most of these are larger homes, as 71.2% have three or more bedrooms.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.80

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

94.9% ▼ -5.1%

Lower than 56% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 100.0%
  • 2021: 94.9%

Share of occupied private dwellings that are separate houses.

71.2% ▼ -4.5%

Lower than 71% of suburb / locality areas.

  • 2011: 74.5%
  • 2016: 86.0%
  • 2021: 71.2%

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 100%.

Bedrooms per home

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In Preston, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (24%) and 2 bedrooms (19%).

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/SAL60521/preston/topic/housing-dwellings