$366 —
Higher than 50% of state electorate areas.
- 2016: $320
- 2021: $366
Median weekly rent paid by households renting their home.
Preston (Northern Metropolitan) · State Electorate
Housing & Dwellings in Preston (Northern Metropolitan)
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 59.7% of the dwellings in Preston, though this is much lower than most areas. The suburb is largely shaped by a high proportion of renters and smaller-than-average homes, with a typical monthly mortgage payment that has risen to $2,000.
$366
—
- $100–$118: 6 areas
- $118–$136: 1 area
- $136–$154: 0 areas
- $154–$171: 0 areas
- $171–$189: 4 areas
- $189–$207: 6 areas
- $207–$225: 10 areas
- $225–$243: 10 areas
- $243–$261: 21 areas
- $261–$279: 6 areas
- $279–$296: 16 areas
- $296–$314: 45 areas
- $314–$332: 33 areas
- $332–$350: 16 areas
- $350–$368: 38 areas
- $368–$386: 58 areas
- $386–$404: 44 areas
- $404–$421: 30 areas
- $421–$439: 21 areas
- $439–$457: 18 areas
- $457–$475: 12 areas
- $475–$493: 12 areas
- $493–$511: 6 areas
- $511–$529: 3 areas
- $529–$546: 3 areas
- $546–$564: 2 areas
- $564–$582: 4 areas
- $582–$600: 8 areas
All state electorate areas, 2021. The marker is Preston (Northern Metropolitan) — higher than 50% of areas.
| Preston (Northern Metropolitan) | $366 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $366, which is about the same as the state and national figures. Mortgage payments are higher than in most areas, with the typical monthly cost rising by $250 since 2016 to reach $2,000.
$2,000 —
Higher than 68% of state electorate areas.
- 2016: $1,750
- 2021: $2,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Preston (Northern Metropolitan), $350–$549 is the majority at 53%; $200–$349 is next at 29%.
Monthly mortgage distribution
View on map →In Preston (Northern Metropolitan), the largest group is $1,800–$2,999 at 38%, followed by $1,000–$1,799 (27%) and $3,000 or more (19%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in most areas, with 39.1% of households renting, which is well above the national figure of 30.6%. Meanwhile, the share of homes owned outright has fallen to 28.5%, a figure well below the state average.
39.1% —
Higher than 80% of state electorate areas.
- 2016: 38.9%
- 2021: 39.1%
Share of occupied private dwellings that are rented.
28.5% —
Lower than 61% of state electorate areas.
- 2016: 30.7%
- 2021: 28.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Preston (Northern Metropolitan), the largest group is Rented at 39%, followed by Owned with a mortgage (29%) and Owned outright (29%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes in Preston are smaller than usual, with 56.3% having three or more bedrooms, which is far below the national figure. This helps explain why the number of people per bedroom is a little above the state and national levels.
0.90 —
Higher than 86% of state electorate areas.
- 2016: 0.90
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
59.7% —
Lower than 81% of state electorate areas.
- 2016: 63.2%
- 2021: 59.7%
Share of occupied private dwellings that are separate houses.
56.3% —
Lower than 88% of state electorate areas.
- 2016: 55.6%
- 2021: 56.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Preston (Northern Metropolitan), Separate house is the majority at 60%; Townhouse / semi-detached is next at 32%.
Bedrooms per home
View on map →In Preston (Northern Metropolitan), the largest group is 3 bedrooms at 43%, followed by 2 bedrooms (36%) and 4 bedrooms (12%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Preston (Northern Metropolitan)
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Preston (Northern Metropolitan) [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED26903/preston/topic/housing-dwellings