Preston, a vibrant suburb located in Melbourne’s northern region, offers a diverse lifestyle and a strong sense of community. Known for its eclectic mix of cultures, parks, and local amenities, Preston provides an ideal environment for families, young professionals, and retirees alike. This article explores the best residential areas in Preston, highlighting their unique characteristics, housing options, and average property prices.
Table of Contents
Northland
(Image for illustration purposes only.)
Northland is a popular area known for its proximity to the Northland Shopping Centre, offering a plethora of shopping and dining options. It attracts families and young professionals looking for convenience.
Characteristics of the Northland
* Culture: Diverse community with cultural events and activities.
* Transportation: Well-served by public transport, including trams and trains.
* Services: Northland Shopping Centre, schools, and parks.
* Environment: Lively with a family-friendly vibe.
Housing Options in the Northland
Family homes, townhouses, apartments.
Average Home Prices in the Northland
* Buying: $600,000 – $750,000
* Renting: $1,500 – $2,000/month
Preston Market
(Image for illustration purposes only.)
Preston Market is the bustling heart of the suburb, with fresh produce, specialty shops, and cafes. Living here means immersing in local culture and enjoying vibrant street life.
Characteristics of the Preston Market
* Culture: Culinary diversity with a focus on fresh local produce.
* Transportation: Good access to public transport options.
* Services: Various shops, restaurants, and community facilities.
* Environment: Energetic and community-oriented.
Housing Options in the Preston Market
Units, flats, and renovated houses.
Average Home Prices in the Preston Market
* Buying: $580,000 – $720,000
* Renting: $1,400 – $1,800/month
High Street Preston
(Image for illustration purposes only.)
High Street Preston offers a mix of retail outlets and cafes, making it a trendy and sought-after area for both young professionals and families.
Characteristics of the High Street Preston
* Culture: Hip and modern with an array of social hotspots.
* Transportation: Excellent tram and bus services.
* Services: Education facilities, parks, shops, and cafes.
* Environment: Vibrant and cosmopolitan.
Housing Options in the High Street Preston
Modern apartments, townhouses.
Average Home Prices in the High Street Preston
* Buying: $650,000 – $800,000
* Renting: $1,600 – $2,200/month
Bell Station Area
(Image for illustration purposes only.)
The Bell Station area offers a quieter lifestyle while still being accessible to Preston’s amenities. It’s popular among families and those who commute to the city.
Characteristics of the Bell Station Area
* Culture: Close-knit community with a suburban atmosphere.
* Transportation: Direct train services to the CBD.
* Services: Local parks, schools, and community centres.
* Environment: Peaceful and family-oriented.
Housing Options in the Bell Station Area
Single-family homes and spacious units.
Average Home Prices in the Bell Station Area
* Buying: $650,000 – $800,000
* Renting: $1,500 – $1,950/month
Preston West
(Image for illustration purposes only.)
Preston West is an emerging neighbourhood known for its parks and recreational facilities. It’s a great place for active families seeking outdoor activities.
Characteristics of the Preston West
* Culture: Active lifestyle with lots of local sports and recreational clubs.
* Transportation: Good access to public transport and main roads.
* Services: Sports facilities, schools, and shopping centres.
* Environment: Family-friendly and community-focused.
Housing Options in the Preston West
Houses with backyards, multi-residential complexes.
Average Home Prices in the Preston West
* Buying: $600,000 – $740,000
* Renting: $1,450 – $1,900/month
Thomastown Extension
(Image for illustration purposes only.)
Thomastown Extension is just a short distance from Preston and offers a more relaxed suburban environment. Ideal for families looking for spacious homes.
Characteristics of the Thomastown Extension
* Culture: Community events and local traditions.
* Transportation: Close to major roadways and train services.
* Services: Schools, parks, and local shopping options.
* Environment: Suburban and laid-back.
Housing Options in the Thomastown Extension
Larger family homes, townhouses.
Average Home Prices in the Thomastown Extension
* Buying: $650,000 – $780,000
* Renting: $1,500 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Preston:
The best areas to live in Preston include Northland, Preston Market, High Street Preston, Bell Station Area, Preston West, and Thomastown Extension.
Preston Market and High Street Preston offer the best shopping options with a variety of local shops and restaurants.
Average home prices in Preston range from approximately $600,000 to $800,000, depending on the area.
Yes, Preston has many family-friendly neighbourhoods with schools, parks, and recreational facilities.
Preston is well-served by public transport, including trams, buses, and train services, making it easy to commute to the Melbourne CBD.
Preston is known for its cultural diversity, with various community events, markets, and culinary experiences reflecting its multicultural population.
High Street Preston is popular among young professionals due to its vibrant atmosphere, trendy cafes, and proximity to public transport.
Yes, Preston features several parks and green spaces suitable for recreation, leisure, and community events.
Preston offers a variety of housing options including houses, townhouses, units, and apartments suitable for different buyer demographics.
Property prices in Preston are generally affordable compared to some other Melbourne suburbs, making it an attractive option for first-home buyers.
Conclusion on the Best Residential Areas in Preston:
Preston combines a vibrant community atmosphere with city conveniences, making it one of the most desirable suburbs in Melbourne’s north. Whether you prefer the hustle and bustle of High Street, the family-friendly vibe of Northland, or the tranquil spaces of the Bell Station area, Preston caters to diverse lifestyles and preferences. Each suburb within Preston offers unique features and a distinct ambiance, providing residents with various options for their ideal home. With its continuous growth, rich cultural diversity, and ample amenities, Preston remains a prime destination for families, young professionals, and retirees alike.
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.