Preston (Vic.)

Suburb (SAL)

Greater Melbourne / Banyule

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Data Sources ABSValuer GeneralRental BoardACARA Newest Oct 2026 · Refreshed ABS QuickStats SAL22121 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Preston (Vic.)

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DemographicsPopulation Growth in Preston (Vic.)

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Preston (Vic.) has an estimated 37,733 residents, up from 33,790 at the 2021 Census — a change of 3,943 people, or 11.7%. Growth has averaged 1.1% a year over five years, faster than 76% of areas nationally. 830 new addresses have been validated here since Census night. Overseas migration accounts for 83.0% of that increase. That puts 3,281 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to AreaSearch's evaluation of regional ABS updates and address validations conducted since the Census, the suburb of Preston (Vic.) has an estimated headcount of roughly 37,733 as of Aug 2026. This marks an expansion of 3,943 people (11.7%) relative to the 2021 Census tally of 33,790 people. Such growth stems from an estimated resident population of 37,392 established via the ABS June 2025 ERP release, alongside 830 validated new addresses added post-Census. With 3,281 persons per square kilometer, the locality's density falls into the top quartile of areas assessed nationally by AreaSearch.

Outpacing both the 9.5% state figure and nationwide benchmarks, the suburb of Preston (Vic.) has emerged as a regional growth frontrunner, propelled largely by overseas migration which supplied roughly 83.0% of recent population additions. SA2-level projections from ABS/Geoscience Australia (issued in 2024 using a 2022 baseline) form the basis of demographic modeling by AreaSearch, supplemented where necessary by 2023 VIC State Government Regional/LGA releases adjusted via weighted population growth aggregation. Age-specific growth rates derived from these series are applied across all locations for 2032 to 2041. Over this 16-year horizon, the suburb of Preston (Vic.) is projected to experience top-decile national expansion, adding 18,633 persons by 2041 under aggregated SA2 figures—a cumulative rise of 48.5%.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Preston?
Total population for the suburb of Preston was estimated to be approximately 37,733 as at Aug 26. This is based upon an estimated resident population of 37,392 from the ABS up to June 2025.
How has the population in the suburb of Preston changed since 2021?
The suburb of preston has added approximately 3,943 people and shown a 11.67% increase from the 33,790 people recorded at the 2021 Census period.
What is the population density in the suburb of Preston?
The population density in the suburb of Preston is estimated at 3,281 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Preston?
Over the past 10 years, the population in the suburb of Preston has shown a compound annual growth rate of 1.1% per annum.
What are the main drivers of population growth in the suburb of Preston?
Population growth in the suburb of Preston is driven by: Overseas migration (83.0%), Natural increase (17.0%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 83.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Preston (Vic.)

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1,810 new dwellings have been approved in Preston (Vic.) over the past five years, an average of 362 a year. That places the area in the 84th percentile for residential development activity nationally, about 10 approvals per 1,000 residents a year. Of the 442 dwellings approved in the latest reporting year, 7% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 704, running ahead of that longer-run average. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.

Detail

An evaluation of ABS building approvals by AreaSearch indicates that 362 residential dwellings received permits annually on average across the preceding 5 financial years, delivering approximately 1,810 homes. Within FY-25 to date, 704 approvals have been lodged. Between FY-21 and FY-25, the inflow rate stood at an average of 0.9 people per newly built home each year, demonstrating that construction is matching or outpacing inbound migration, widening residential choice, and facilitating further demographic gains, with new dwellings recording an average construction cost of $481,000. Non-residential building activity is similarly vibrant, highlighted by $217.1 million in commercial building approvals this financial year.

The residential pipeline is heavily weighted toward medium and high-density housing at 93.0%, with standalone homes accounting for just 7.0%. This shift toward denser typologies delivers more accessible price points suited to first-home buyers, investors, and downsizers, while departing notably from the historical fabric of 56.0% detached houses amid limited land availability and changing consumer needs. Reflecting approximately 75 people per dwelling approval, the precinct displays clear hallmarks of an expanding urban center. Based on the most recent quarterly estimates from AreaSearch, local numbers are anticipated to rise by 18,292 residents by 2041. Should building volumes remain at current levels, residential additions could fall behind inward migration, potentially intensifying competition among purchasers and placing upward pressure on property values.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Preston recently?
Dwelling approval activity in the the suburb of Preston area has seen 752 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Preston's current population of 37,733 has been supported by 362 approvals on average over recent years.
How does the suburb of Preston's development activity compare to the broader region?
The suburb of Preston has seen 1.24 approvals per 100 people in recent years, compared to 0.86 approvals in the broader region. This means that one dwelling has been approved for every 75 people in the suburb of Preston, compared to one for every 121 in the broader region.
Is the suburb of Preston keeping up with housing demand?
With the population expected to increase by 18,292 people by 2041, around 9,146 new dwellings will be necessary. Recent approval levels may be insufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling.
What has been the trend in development approvals over the past five years in the suburb of Preston?
Looking at development activity over the past five years, the suburb of Preston's approval levels have been significantly above the yearly average of 362, indicating strong recent growth in development activity.
How many dwellings will be needed to accommodate future population growth in the suburb of Preston?
The population in the suburb of Preston is expected to grow by 18,292 people by 2041, necessitating approximately 9,146 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the suburb of Preston?
Over the past five years, the population in the suburb of Preston has grown by approximately 8,393 people, while 1,810 residential approvals were recorded. This equates to a ratio of 4.6 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the suburb of Preston?
With dwelling approval activity running at an average of 362 approvals per year and a population of 37,733, the market appears to be reasonably balanced between supply and demand, presenting moderate opportunities for well-positioned developments. With the population expected to increase by 18,292 people by 2041, around 9,146 new dwellings will be necessary. Current approval trends may be insufficient to meet forecast demand, indicating strong development opportunities.
Approvals Pipeline Development applications near Preston (Vic.)

Development applications around Preston (Vic.)

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
Application search is not available in Victoria. AreaSearch holds 69 applications for Preston (Vic.), but they are a record of past activity rather than a current register. Victoria has no state-wide planning portal and its council coverage is uneven, so we have switched the search off here rather than return partial answers. We are currently investigating a solution. No credits are charged for Victorian applications, and building approvals from the ABS and the major projects we track are unaffected.

SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Preston (Vic.)

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AreaSearch tracks 21 current infrastructure and development projects inside Preston (Vic.), worth an estimated $99.1 billion. A further 114 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $139.3 billion. 35 are already under construction and 43 are due for completion within three years. The pipeline spans residential development, transport & logistics and communities, precincts & urban renewal. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Public investment and urban renewal projects play a central role in shaping local development patterns. AreaSearch has pinpointed 37 key initiatives across the area, highlighted by major works such as Preston Crossing, the Preston Market Precinct Redevelopment, the 18a Miller Street Development - Small Sites Pilot Program, and Preston Central Infrastructure Contributions.

Professional plan users can use the search below to filter and access additional projects.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Preston?
Key infrastructure and planning changes likely to influence the suburb of Preston include: Preston Crossing (Construction); Preston Market Precinct Redevelopment (Planning); 18a Miller Street Development - Small Sites Pilot Program (Planning); Preston Central Infrastructure Contributions (Planning); and High Street Preston Streetscape Upgrade (Planning). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Preston?
Infrastructure development impacting the suburb of Preston spans multiple sectors including Transport & Logistics, Residential Development, and Communities, Precincts & Urban Renewal, among others.
What is the scale of infrastructure investment impacting the suburb of Preston?
Infrastructure investment analysis indicates substantial capital deployment exceeding $98.9 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the suburb of Preston vicinity.
How does the suburb of Preston's infrastructure development compare to other areas?
The suburb of Preston ranks in the top 10% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
Northland Shopping Centre Redevelopment
Category: Retail
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Ongoing staged redevelopment of Northland Shopping Centre by Vicinity Centres. The completed entertainment and leisure precinct has introduced upgraded outdoor dining, family recreation spaces, landscaping and new leisure operators. Longer-term masterplanning is progressing for a mixed-use precinct incorporating commercial space and future build-to-rent residential development, subject to planning approvals.

Retail

Preston Crossing
Category: Residential Development
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

A masterplanned urban regeneration project delivering up to 650 homes. Partnership between Homes Victoria, MAB Corporation, and HousingFirst replacing outdated social homes with new social housing and market apartments. Designed by architects Archier, Hayball, Nightingale, and Breathe Architecture with 5-star Green Star certification and a 7-star NatHERS rating. The first three stages were completed in 2024, with remaining homes under construction.

Residential Development

Suburban Rail Loop North
Category: Transport & Logistics
Stage: Planning | Est. Comp: 2053
Source / Links: Link 1   

Suburban Rail Loop North (SRL North) is the second major stage of Melbourne's 90 km orbital underground metro line, extending 34 km from Box Hill to Melbourne Airport. It features seven underground stations at Doncaster, Heidelberg, Bundoora, Reservoir, Fawkner, Broadmeadows and Melbourne Airport, with Broadmeadows serving as a major regional super hub. Currently in early planning, the project is scheduled for completion between 2043 and 2053.

Transport & Logistics

Preston Market Precinct Redevelopment
Category: Precincts & Urban Renewal
Stage: Approved | Est. Comp: 0
Source / Links: Link 1   Link 2  

A major mixed-use redevelopment of the 5.1-hectare Preston Market site in Melbourne's north. Amendment C182dare to the Darebin Planning Scheme was gazetted in August 2023, introducing a Heritage Overlay, Development Plan Overlay, Activity Centre Zone and related controls. The approved framework requires substantial retention of the existing market in situ, permits buildings up to 14 storeys, and allows approximately 1,200 new dwellings alongside retail and commercial uses. Medich Corporation became the sole owner in August 2025 following its acquisition of Salta Properties' 50 per cent stake.Trader leases have been extended until January 2029 to provide stability while a new masterplan is developed. The Minister for Planning is the responsible authority for all planning permits in the precinct. No development permit has yet been lodged.

Precincts & Urban Renewal

18a Miller Street Development - Small Sites Pilot Program
Category: Residential Development
Stage: Planning | Est. Comp: 2027
Source / Links: Link 1   

Medium-density housing development on surplus government land as part of Development Victoria's Small Sites Pilot Program. The 4,334 square metre site is zoned Residential Growth Zone - Schedule 1 and located 7 kilometres from Melbourne CBD. The project aims to deliver medium-density housing including townhouses and low to mid-rise apartments, with at least 10% designated as affordable housing. The development encourages innovative design solutions and modern methods of construction to accelerate housing supply in established inner Melbourne suburbs close to employment, transport and services.

Residential Development

High Street Preston Streetscape Upgrade
Category: Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2029
Source / Links: Link 1   Link 2  

Complete road reconstruction and streetscape improvements for High Street, Preston (Bell Street to Murray Road), including new road base, upgraded kerbs and drainage, wider footpaths, safer pedestrian crossings, speed reduction to 30km/h, removal of clearways, additional street trees and landscaping, upgraded lighting, and improved accessibility and public realm. The Concept Plan was endorsed by Darebin Council on 24 November 2025. Construction is subject to securing additional State and Federal grant funding.

Precincts & Urban Renewal

Preston Central Infrastructure Contributions
Category: Communities, Precincts & Urban Renewal
Stage: Planning | Est. Comp: 2027
Source / Links: Link 1   

New infrastructure contributions system starting 2027 to fund local improvements including community facilities, parks, roads and public transport connections.

Communities, Precincts & Urban Renewal

Preston Central Activity Centre Structure Plan
Category: Communities, Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2051
Source / Links: Link 1   Link 2  

State Government planning controls under Amendment GC252 came into effect on 11 April 2025, implementing the Preston Central Structure Plan across the Preston (High Street) Activity Centre. The plan introduces a new Activity Centre Zone, Built Form Overlay and Housing Choice and Transport Zone, enabling at least 10,200 new homes by 2051. Development is focused around Preston Station and High Street with streamlined planning approvals, building heights generally between 4 and 10 storeys in the core, lower scale housing in surrounding catchments and new infrastructure contributions commencing from 2027.

Communities, Precincts & Urban Renewal

Jobs & IndustryEmployment Trends in Preston (Vic.)

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22,363 residents of Preston (Vic.) are employed, from a labour force of 23,632. Unemployment sits at 5.4%, with participation at 73.0%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.8% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

Aggregated statistical figures compiled by AreaSearch indicate an educated local talent pool with prominent professional services representation, an unemployment rate of 5.4%, and annual job growth of 1.9%. As of March 2026, 22,363 residents are employed, with unemployment tracking 0.6% above the 4.8% Greater Melbourne benchmark and labor force participation remaining solid at 73.0% (compared to 70.1% across Greater Melbourne). Census records revealed that 40.6% of workers operated from home, though this metric was influenced by Covid-19 restrictions. Resident employment centers primarily around health care & social assistance, education & training, along with professional & technical services.

Education & training represents a distinct local specialty, employing workers at 1.3 times the wider regional concentration. In contrast, construction claims a smaller share at 7.0% against the 9.7% regional norm. At the time of the Census, the area maintained 0.6 local jobs per resident, highlighting an above-average volume of neighborhood employment opportunities. Across the 12 months leading to March 2026, AreaSearch analysis of ABS and SALM releases shows local employment climbed 1.9% while the labor pool expanded by 3.0%, lifting unemployment by 1.0 percentage points. Across Greater Melbourne, employment expanded by 2.1%, the workforce rose 2.3%, and unemployment edged up 0.2 percentage points. Longer-term employment trajectories can be gauged via Jobs and Skills Australia's Mar-26 national outlooks over five and ten-year spans. Across Australia, workforce numbers are projected to grow by 6.6% across five years and 13.7% across ten years, though sector outcomes vary; applying these industry-weighted rates to the local economy points to potential employment expansion of 6.8% over five years and 13.9% over ten years (calculated as a baseline illustrative weighting without localized demographic adjustments).

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Preston?
As of March 2026, the suburb of Preston has approximately 22,363 employed residents with an unemployment rate of 5.4%. The unemployment rate is moderate, indicating some available workforce capacity. Employment indicators are below the national average, suggesting room for improvement.
How does the suburb of Preston's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Preston stands at 5.4%, which is 0.6 percentage points above Greater Melbourne's rate of 4.8%. This higher unemployment rate may indicate local labour market challenges. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Preston?
The employment landscape in the suburb of Preston is dominated by several key sectors. The largest employers are health care & social assistance (15.0% of employment), education & training (11.8%), and professional & technical (10.9%). Other significant employers include retail trade and public administration & safety.
How has employment changed recently in the suburb of Preston?
Over the past year to March 2026, the suburb of Preston has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has rise. By comparison, Greater Melbourne saw employment increased and its unemployment rate rose.
What is the workforce participation rate in the suburb of Preston?
The workforce participation rate in the suburb of Preston is 73.0%, which represents the proportion of working-age residents who are either employed or actively seeking work. This high participation rate indicates strong workforce engagement and economic vitality. The local rate leading the Greater Melbourne average of 70.1%, showing similar workforce dynamics to the broader region.
Which industries are over-represented in the suburb of Preston's employment market?
The suburb of preston shows notable specialization in education & training, which employs 11.8% of the local workforce compared to 9.2% regionally. This moderate specialization indicates some local strength in the sector. The area also shows above-average employment in 1 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Preston?
Based on Jobs and Skills Australia projections applied to the suburb of Preston's industry mix, employment is expected to grow by 6.8% over the next five years and 13.9% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Preston compare nationally?
The suburb of preston's employment market shows below-average performance in national comparisons. While employment opportunities exist, the area faces more challenges than many other regions. Recent job advertisement trends show the broader employment region saw a 8.9% decline, ranking 34.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Preston?
Skilled workers will find excellent opportunities in the suburb of Preston, with knowledge-intensive sectors comprising 45.0% of local employment. Key sectors for skilled workers include health care & social assistance (15.0%), education & training (11.8%), and professional & technical (10.9%). With projected employment growth of 6.8% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Preston (Vic.)

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Median household income in Preston (Vic.) is $1,844 a week (about $96,000 a year), with median personal income at $872 a week. ATO records put median taxable income at $57,063 a year against an average of $70,526. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

According to AreaSearch's evaluation of ATO postcode data for financial year 2023, local taxpayers recorded a median income of $57,063 and an average income of $70,526, exceeding nationwide benchmarks and comparing to $57,688 and $75,164 across Greater Melbourne. Factoring in Wage Price Index growth of 9.62% since financial year 2023, current modeled figures reach approximately $62,552 for median earnings and $77,311 for average earnings as of March 2026. Figures from the 2021 Census place local personal, family, and household earnings around the 58th national percentile, with the $1,500 - 2,999 weekly bracket accounting for 33.2% of residents (12,527 people), closely tracking the regional proportion of 32.8%.

Housing costs account for 16.5% of income, while disposable earnings place at the 56th percentile and the area achieves a 7th decile SEIFA income position.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Preston?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Preston is approximately $62,552. The official ATO data from FY-23 recorded a median of $57,063.
What is the average taxable income in the suburb of Preston?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Preston is approximately $77,311. The official ATO data from FY-23 recorded an average of $70,526.
How does the median taxable income in the suburb of Preston compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Preston is approximately $62,552 compared to $63,238 in Greater Melbourne. The official ATO data from FY-23 shows $57,063 and $57,688 respectively.
How does the average taxable income in the suburb of Preston compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Preston is approximately $77,311 compared to $82,395 in Greater Melbourne. The official ATO data from FY-23 shows $70,526 and $75,164 respectively.
What are the main income cohorts in the suburb of Preston according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~33.2% / 12,527 persons) of the suburb of Preston's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the suburb of Preston compare to the region?
The largest income cohort in the suburb of Preston is the $1,500 - 2,999 group, representing about 33.2% of the population. In comparison, Greater Melbourne's largest income cohort is the $1,500 - 2,999 group, representing 32.8% of its population, according to the 2021 Census.
What is the median household income in the suburb of Preston according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Preston is $1,844/wk.
What is the median family income in the suburb of Preston according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Preston is $2,345/wk.
What is the median personal income in the suburb of Preston according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Preston is $872/wk.
How does the suburb of Preston's income rank nationally?
The suburb of Preston's income level is higher than average nationally according to the latest ATO data aggregated by AreaSearch for FY-23. The suburb of Preston's median income among taxpayers is $57,063 and the average income stands at $70,526, which compares to figures for Greater Melbourne's of $57,688 and $75,164 respectively. Based on Wage Price Index growth of 9.62% since FY-23, current estimates would be approximately $62,552 (median) and $77,311 (average) as of March 2026.
What is the disposable income in the suburb of Preston?
The estimated disposable income in the suburb of Preston is $6,674 per year according to AreaSearch analysis.
How does the suburb of Preston's disposable income compare to the region?
The suburb of preston's disposable income is $6,674 compared to $6,948 for Greater Melbourne, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Preston (Vic.)

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Preston (Vic.) had 13,645 occupied dwellings at the 2021 Census, 56% detached houses and 18% apartments. 31% are owned with a mortgage, 41% rented and 28% owned outright. At that Census the median rent was $392 a week and the median mortgage repayment $2,000 a month. Rent absorbs 21.3% of household income here and mortgage repayments 25.0%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

According to the latest Census, residential stock in the area consists of 55.7% detached houses alongside 44.2% alternative formats (including townhouses, units, and other structures), compared to 67.9% houses and 32.1% other dwellings throughout Melbourne metro. Outright ownership sits at 27.9%, trailing the broader metropolitan level, while 30.9% of homes carry a mortgage and 41.1% are occupied by tenants. Monthly mortgage payments match the Melbourne metro average of $2,000, while median weekly rent is $392 compared to $2,000 and $390 across Melbourne metro. Nationally, local repayments exceed the $1,863 Australian baseline, with weekly rents surpassing the $375 national benchmark.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Preston?
In the suburb of Preston, 27.9% of homes are owned outright, 30.9% are owned with a mortgage, and 41.1% are rented.
What percentage of dwellings in the suburb of Preston are houses?
According to the latest data, 55.7% of dwellings in the suburb of Preston are houses.
What percentage of dwellings in the suburb of Preston are apartments or units?
In the suburb of Preston, 18.3% of dwellings are apartments or units, with an additional 24.9% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Preston?
Outright home ownership in the suburb of Preston stands at 27.9%, compared to 30.7% in Greater Melbourne.
What is the median monthly mortgage repayment in the suburb of Preston?
The median monthly mortgage repayment in the suburb of Preston is $2,000, compared to $2,000 in Greater Melbourne.
What is the median weekly rent in the suburb of Preston?
The median weekly rent in the suburb of Preston is $392, compared to $390 in Greater Melbourne.
What is the distribution of rental prices in the suburb of Preston?
In the suburb of Preston, 7.3% of rentals are $0-149/week, 25.1% are $150-349/week, 63.1% are $350-649/week, 3.6% are $650-949/week, and 0.9% are $950+/week.
What is the average monthly housing cost in the suburb of Preston?
The aggregate monthly housing cost in the suburb of Preston is $1,316, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Preston?
In the suburb of Preston, households with mortgages typically spend 25.0% of their income on mortgage repayments, while renters spend 21.3% of their income on rent.
How crowded are homes in the suburb of Preston?
The average persons per bedroom ratio in the suburb of Preston is 0.9, indicating the level of household density.
How does housing affordability in the suburb of Preston compare to the region?
Housing affordability in the suburb of Preston shows mortgage holders spending 25.0% of income on repayments (vs 24.3% regionally), while renters spend 21.3% of income on rent (vs 20.5% regionally).
What types of dwellings are most common in the suburb of Preston?
The dwelling mix in the suburb of Preston consists of 55.7% detached houses, 24.9% semi-detached dwellings, 18.3% apartments, and 1.0% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Preston?
Considering the housing occupancy patterns, the weighted average monthly housing cost is approximately $1,316. This accounts for outright owners paying no housing costs, mortgage holders paying $2,000/month, and renters paying $1,697/month.
How affordable is housing in the suburb of Preston relative to local incomes?
Housing in Preston consumes approximately 16.5% of median household income ($7,985 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Preston?
Recent development applications in Preston show attached dwellings contributing 93% of approvals compared to 44% of existing stock, while detached houses represent 7% of applications versus 56% of current dwellings. This suggests increasing densification. Preston is experiencing exceptional growth in housing density, ranking in the top 10% nationally.

HouseholdsHousehold Composition in Preston (Vic.)

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Preston (Vic.) counted 13,645 households at the 2021 Census, an estimated 15,237 today, averaging 2.4 people each. 27% are couples with children, against 24% couples without children. 30% of households are people living alone, and families average 1.1 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Families constitute 62.0% of local living arrangements, made up of couples with children (26.5%), couples without children (23.8%), and single parent households (9.7%). Non-family setups make up the remaining 38.0%, divided between lone person residences at 29.7% and group dwellings at 8.3%. Average household occupancy stands at 2.4 people, slightly below the Greater Melbourne figure of 2.6.

Frequently Asked Questions - Households

How many households are in the suburb of Preston?
As of the 2021 Census, the suburb of Preston had 13,645 households. Based on population growth patterns, this has grown by approximately 11.7% to an estimated 15,237 households today.
What is the typical household size?
The median household size in the suburb of Preston is 2.4 people. This compares to 2.6 in Greater Melbourne and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 62.0% of all households. The remaining households consist of lone person households (29.7%), group households (8.3%), and other household types (0.0%).
How are families structured in the area?
Among the 8,459 family households, 26.5% are couples with children, 23.8% are couples without children at home, and 9.7% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Preston compare to regional household patterns?
Compared to Greater Melbourne, the suburb of Preston shows distinct household patterns. Conversely, family households are under-represented at 62.0% compared to the regional 70.9%. This higher proportion of single-person households drives demand for smaller dwellings and different community services.
What is the average family size?
Families in the suburb of Preston have an average of 1.1 children, slightly below the Greater Melbourne average of 1.4. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Preston?
Marriage patterns reveal 36.0% of the adult population are currently married, while 49.2% have never married. This compares to 47.0% married and 38.0% never married across Greater Melbourne.
How significant are single-person households?
Single-person households represent 29.7% of all households in the suburb of Preston, similar to the regional average of 24.8%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 8.3% of households, well below the Greater Melbourne average of 4.3%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Preston (Vic.)

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43.1% of adults in Preston (Vic.) hold a university qualification, including 27.4% with a bachelor degree and 11.2% with postgraduate qualifications, higher than 80% of areas nationally. A further 13.0% hold a vocational qualification. 16 schools serve the area, with 5,648 enrolment places and an average ICSEA of 1,085 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Tertiary attainment is exceptionally high, with 43.1% of residents aged 15+ possessing university credentials, surpassing the 30.4% national rate and the 32.8% SA4 region standard to support knowledge-intensive employment. Bachelor degrees represent the largest category at 27.4%, followed by postgraduate degrees at 11.2% and graduate diplomas at 4.5%. Vocational credentials are held by 23.4% of those aged 15+, comprising advanced diplomas (10.4%) and certificates (13.0%). Formal study participation remains elevated, with 28.2% of the local population actively enrolled. Higher education represents 8.0% of residents, primary schooling comprises 7.6%, and secondary education accounts for 5.8%.

Frequently Asked Questions - Education

What percentage of people in the suburb of Preston have university qualifications?
43.1% of people aged 15 and over in the suburb of Preston have university qualifications, compared to 37.0% in the broader region.
What percentage of people in the suburb of Preston have no formal qualifications?
33.4% of people aged 15 and over in the suburb of Preston have no formal qualifications, compared to 35.2% regionally.
How does the suburb of Preston's education level compare to national averages?
The suburb of preston ranks in the 80th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Preston?
The most common qualifications in the suburb of Preston are: Bachelor Degree (27.4%), Certificate (13.0%), Postgraduate (11.2%).
What proportion of the suburb of Preston's population is currently attending educational institutions?
28.2% of the population in the suburb of Preston is currently engaged in formal education, with 7.6% in primary school, 5.8% in secondary school, 8.0% at university.
What is the ICSEA score for schools in the suburb of Preston?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Preston is 1085, indicating average socio-educational advantage (national average is 1000).
How many schools are located within the suburb of Preston?
There are 16 schools within the suburb of Preston, with a combined enrollment of approximately 5,648 students.
What types of schools are available in the suburb of Preston?
The suburb of preston includes 8 primary schools, 5 secondary schools, 3 combined schools.

Schools Detail

AmenitiesServices & Amenities in Preston (Vic.)

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Getting AroundTransport & Commuting in Preston (Vic.)

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Public transport in Preston (Vic.) reaches 211 stops on 24 routes, timetabled for about 18,300 services a week. The typical home sits about 160 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 0.9 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

A comprehensive network of 211 public transport stops spans the suburb, offering access to bus and lightrail services across 24 distinct routes that generate 18,311 weekly services. Commuter convenience is high, with an average distance of 163 meters to the nearest boarding point. Given its residential setting, outward commuting predominates: private vehicles account for 70% of journeys, trains handle 10%, and bicycles represent 4%. Private vehicle availability stands at 0.9 per household, below regional levels, while 40.6% of residents worked from home according to the 2021 Census during pandemic conditions.

Transit services deliver an average of 2,615 daily trips across the entire network, representing roughly 86 weekly departures for each individual stop, with the accompanying mapping highlighting the 100 closest transit stops to the central coordinates.

Frequently Asked Questions - Transport

How many public transport stops are in Preston (Vic.)?
There are 211 public transport stops within the suburb of Preston.
How frequent are the transport services in Preston (Vic.)?
the suburb of Preston has 18,311 weekly trips across 24 routes, averaging 2,615 trips per day.
How far are residents from public transport in Preston (Vic.)?
On average, residential properties are 163 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Preston (Vic.)

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69.8% of residents in Preston (Vic.) report no long-term health condition. 6.4% need daily assistance with core activities, and 54.7% hold private health cover. The standardised death rate runs at 5.6 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Health indicators align closely with broader national averages based on AreaSearch's review of mortality and long-term condition data, with chronic health conditions tracking marginally higher than average across younger and older age brackets, while approximately 55% of residents (~20,639 people) hold private health insurance. Mental health conditions and asthma constitute the most frequently reported diagnoses, affecting 10.5 and 7.9% of the population, respectively, while 69.8% of residents report no chronic health issues compared to 72.6% throughout Greater Melbourne. General health among working-age cohorts is typical, and residents aged 65 and over represent 13.4% of the community (5,056 people), below the Greater Melbourne level of 15.1%, with overall health standings tracking wider population norms.

Frequently Asked Questions - Health

How many people in the suburb of Preston have private health insurance?
Around 54.7% of people in the suburb of Preston are covered by private health insurance, which compares to 56.7% in the broader region of Greater Melbourne.
What percentage of the population requires ongoing medical assistance in the suburb of Preston?
In the suburb of Preston, 6.4% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.5% of people in Greater Melbourne require similar assistance.
How prevalent is asthma in the suburb of Preston?
7.9% of people in the suburb of Preston are diagnosed with asthma. In comparison, 7.3% of the population across Greater Melbourne is affected by asthma.
What percentage of people have diabetes in the suburb of Preston?
Diabetes affects 3.9% of the the suburb of Preston population, while in the surrounding region, 4.1% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Preston?
2.7% of people in the suburb of Preston have heart disease. Across the region of Greater Melbourne, 3.1% of the population is affected by heart disease.
How does the suburb of Preston compare to the region in terms of overall private health coverage?
In the suburb of Preston, 54.7% of the population are estimated to have private health insurance. Comparatively, Greater Melbourne sees an estimated private health coverage rate of 56.7%.

Ancestry & LanguageCultural Diversity in Preston (Vic.)

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33.7% of Preston (Vic.) residents were born overseas and 35.3% speak a language other than English at home, more culturally diverse than 78% of areas nationally. The largest reported ancestries are English (18.0%) and Australian (16.1%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Cultural diversity is pronounced across the community, where 33.7% of residents were born abroad and 35.3% use a language other than English at home. Christianity represents the most common faith, practiced by 38.7% of the populace. Islam exhibits a distinct presence, accounting for 5.2% of residents against 5.6% across Greater Melbourne. Regarding ancestral backgrounds based on parental birthplace, the primary groups consist of English at 18.0%, Australian at 16.1%, and Other backgrounds at 11.2%. Several distinct cultural concentrations also stand out, including Greek ancestry at 6.7% (compared to 2.7% regionally), Italian at 9.5% (versus 5.2%), and Macedonian at 2.1% (against 0.7%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Preston?
Preston scores quite highly on cultural diversity, with 33.7% of its population born overseas and 35.3% speaking a language other than English at home.
What is the most common religion in the suburb of Preston?
The main religion in Preston was found to be Christianity, which makes up 38.7% of people in Preston. However, the most apparent overrepresentation was in Islam, which comprises 5.2% of the population, compared to 5.6% across Greater Melbourne.
What are the top countries of origin in the suburb of Preston?
In terms of ancestry (country of birth of parents), the top three represented groups in Preston are English, comprising 18.0% of the population, Australian, comprising 16.1% of the population, and Other, comprising 11.2% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Greek is notably overrepresented at 6.7% of Preston (vs 2.7% regionally), Macedonian at 2.1% (vs 0.7%) and Italian at 9.5% (vs 5.2%).
How does the percentage of people born overseas compare to the regional average?
33.7% of the the suburb of Preston population was born overseas, compared to 37.3% regionally.
What percentage of the the suburb of Preston population speaks a language other than English at home?
35.3% of the population in the suburb of Preston speaks a language other than English at home, compared to 35.9% in the wider region.
How many people in the suburb of Preston identify as Australian Aboriginal?
0.7% of the the suburb of Preston population identifies as Australian Aboriginal, compared to 0.5% in the region.
What is the citizenship status of the population in the suburb of Preston?
83.7% of the the suburb of Preston population holds citizenship, compared to 81.1% in the wider region.

Age StructureAge Profile of Preston (Vic.)

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The median resident of Preston (Vic.) is 37. 31.2% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The local age distribution skews younger than Greater Melbourne overall. Young to middle aged adults (25 - 44) make up 39.1% of residents as at August 2026, compared to 32.1% regionally, while children and young adults (0 - 24) comprise 24.6% against the metropolitan benchmark of 30.5%. The estimated median age is 37 as at August 2026, matching both the 2021 Census baseline and Greater Melbourne's figure at that time. The 25 to 44 cohort has expanded from 37.4% at the Census to 39.1% currently. Through to 2041, the largest volume increase is anticipated within the 45 - 64 bracket, rising by 5,860 residents (67%) to 14,614, while the fastest expansion will occur among residents aged 65+, increasing 80% to 9,107.

Frequently Asked Questions - Age

What is the median age in the suburb of Preston?
AreaSearch estimates the median age in the suburb of Preston at 37 years as at August 2026. That is in line with the 2021 Census figure of 37 years, on an age profile AreaSearch re-estimates for population change recorded since the Census.
How does the suburb of Preston's median age compare to broader areas?
At an estimated 37 years as at August 2026, Preston is equal to the Greater Melbourne 2021 Census average and similarly aligned with comparable to the national Census average (38 years).
What age groups are over-represented in the suburb of Preston?
On AreaSearch estimates updated to August 2026, the most over-represented age group in the suburb of Preston compared to the Greater Melbourne region is the 25 - 34 group, making up 20.3% of the population.
What age groups are under-represented in the suburb of Preston?
On AreaSearch estimates updated to August 2026, the most under-represented age group in the suburb of Preston compared to the Greater Melbourne region is the 5 - 14 group, making up 8.9% of the population.
Are there age groups with notable population variances?
No, the age distribution in the suburb of Preston is broadly in line with the Greater Melbourne region.
What is the percentage of children (0-14 years) in the suburb of Preston?
AreaSearch estimates children aged 0-14 years at 13.7% of the population in the suburb of Preston as at August 2026.
What is the percentage of older people (65+ years) in the suburb of Preston?
AreaSearch estimates people aged 65 and over at 13.4% of the population in the suburb of Preston as at August 2026.

Data & MethodBoundaries, Sources & Method for Preston (Vic.)

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Oct 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) Aug 2026 2 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to Aug 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual Aug 2026 2 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Aug 2026 2 months ago headline measures · Jul 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Oct 2026 this month headline measures · Sep 2026 baseline
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Oct 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily Sep 2026 last month all 21 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Sep 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 7 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Sep 2026 last month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 3 months ago headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Sep 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 830 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (33,790 at the 2021 Census → 37,733 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to Aug 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL22121). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Preston (Vic.) suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Preston (Vic.) page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Preston (Vic.) data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Aug 2026), property sales & rents (Oct 2026), infrastructure projects (Sep 2026) and services & amenities (Sep 2026). Built on a Census baseline but carrying newer measures on top: population (to Aug 2026), age profile (to Aug 2026), employment (to Mar 2026), income (to FY 2023), education (to Sep 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas