Preston, located in Tasmania, Australia, is a vibrant suburb that offers a unique blend of modern urban living and rich natural beauty. With its friendly community, thriving local businesses, and proximity to beautiful parks, Preston appeals to a diverse range of residents. This article explores the best residential areas to live in Preston, covering their characteristics, amenities, housing options, and average prices.
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Preston Central

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Preston Central is the bustling heart of the suburb, featuring a variety of shops, cafés, and vital services. It is perfect for those who enjoy being in the centre of activity and close to transport options.
Characteristics of the Preston Central
* Culture: Café culture with vibrant community events
* Transportation: Well-connected by public transport including buses and nearby train stations
* Services: Grocery stores, medical facilities, schools, and recreational centres
* Environment: Lively and welcoming with a strong sense of community
Housing Options in the Preston Central
Units, Townhouses, and Family Homes
Average Home Prices in the Preston Central
* Buying: $450,000 – $600,000
* Renting: $1,400 – $2,000/month
Preston Heights

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Preston Heights is known for its family-friendly environment, with spacious homes and plenty of parks and outdoor spaces. It is ideal for families looking for a quiet neighbourhood with good facilities.
Characteristics of the Preston Heights
* Culture: Strong community spirit with family-oriented activities
* Transportation: Good access to main roads and public transport routes
* Services: Local schools, parks, childcare centres, and shopping options
* Environment: Peaceful and suburban with a focus on family life
Housing Options in the Preston Heights
Detached houses, Large blocks, and New builds
Average Home Prices in the Preston Heights
* Buying: $500,000 – $750,000
* Renting: $1,600 – $2,400/month
Preston West

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Preston West provides a blend of residential comfort and convenience. It is favoured by young professionals and families looking for modern amenities.
Characteristics of the Preston West
* Culture: Diverse community with vibrant local events and markets
* Transportation: Great connectivity to public transport and major arterial roads
* Services: Cafés, shopping outlets, fitness centres, and educational institutions
* Environment: Dynamic and energetic with an emerging cultural scene
Housing Options in the Preston West
Contemporary apartments, Townhouses, and Single-family homes
Average Home Prices in the Preston West
* Buying: $480,000 – $650,000
* Renting: $1,500 – $2,300/month
Preston Lakes

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Preston Lakes offers a beautiful natural setting, with lakes and parks that provide residents with a full range of outdoor activities and scenic views. Perfect for those who value nature and tranquillity.
Characteristics of the Preston Lakes
* Culture: Outdoor lifestyle with a focus on nature and leisure activities
* Transportation: Car is beneficial, with public transport options nearby
* Services: Local shops, parks, and community services
* Environment: Relaxed and tranquil with beautiful green spaces
Housing Options in the Preston Lakes
Rural-style homes, Eco-friendly houses, and Units
Average Home Prices in the Preston Lakes
* Buying: $420,000 – $580,000
* Renting: $1,300 – $1,800/month
Preston East

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Preston East is a more historic area, with charming older homes and a community that cherishes its heritage. It attracts a mix of older residents and families.
Characteristics of the Preston East
* Culture: Heritage and history with beautifully maintained older homes
* Transportation: Accessible by public transport with additional car access
* Services: Schools, local shops, and dining options
* Environment: Quiet and nostalgic with a strong community feel
Housing Options in the Preston East
Heritage homes, Renovated flats, and Smaller houses
Average Home Prices in the Preston East
* Buying: $400,000 – $550,000
* Renting: $1,200 – $1,800/month
Preston South

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Preston South is becoming increasingly popular with young families and professionals due to its affordable housing and modern conveniences.
Characteristics of the Preston South
* Culture: Emerging community with a focus on family and lifestyle
* Transportation: Well connected with road networks and public transport
* Services: Local amenities, schools, and parks
* Environment: Friendly and welcoming with a community atmosphere
Housing Options in the Preston South
Modern apartments, Affordable houses, and Family homes
Average Home Prices in the Preston South
* Buying: $450,000 – $600,000
* Renting: $1,350 – $1,900/month
Frequently Asked Questions About the Best Residential Areas in Preston:
The best residential areas in Preston include Preston Central, Preston Heights, Preston West, Preston Lakes, Preston East, and Preston South.
Preston Heights is highly recommended for families due to its spacious homes and proximity to parks and schools.
In Preston, you can find a variety of properties including units, townhouses, family homes, and eco-friendly houses.
The average rental price in Preston ranges from approximately $1,200 to $2,400 per month, depending on the area and type of property.
Yes, Preston is well-connected by public transport, including buses and nearby train stations making commuting quite convenient.
Preston Central offers a wide range of amenities such as grocery stores, health services, schools, cafés, and recreational facilities.
Preston Heights and Preston Central have excellent access to schools and educational facilities.
Preston is known for its vibrant community markets held weekly, featuring local produce, crafts, and artisan products.
For viewing properties, it is best to contact a local real estate agent, check for open homes, or schedule a private inspection.
The average property prices for buying in Preston range from $400,000 to $750,000 depending on the area and type of property.
Conclusion on the Best Residential Areas in Preston:
Preston offers a diverse selection of residential areas that cater to various lifestyles, from the bustling Preston Central to the serene landscapes of Preston Lakes. Whether you are a first-home buyer, a family looking for a peaceful neighborhood, or a professional seeking the vibrant culture of Preston West, there is something to suit everyone’s preferences. With a mix of great amenities, beautiful parks, and strong community ties, living in Preston, Tasmania provides an exceptional quality of life.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.