Preston - East, VIC 3979
A well-connected Melbourne pocket that renters keep coming back to.
- City fringe
- $391/wk Median
- 43.4% Renters
Preston - East Rental Market Statistics
- Population
- 20.7k
- Median age
- 36
- Median weekly rent
- $391
- To the CBD
- 9.1km
- Walkability
- 8.8
- Schools within 3 km
- 8
ABS 2021 Census
Preston - East Neighbourhood & Lifestyle
Parks & Green Space
A well-used local park anchors the community here, hosting everything from weekend markets to informal Sunday cricket.
Fitness & Outdoors
An active local culture shows up early — running groups, outdoor bootcamps and a steady stream of cyclists on the main roads at sunrise.
Work & Connectivity
Good fibre coverage and a growing number of co-working spaces make this a popular choice for renters working from home.
Community
A strong, settled community feel — long-term residents, an active neighbourhood association and a genuine sense of people looking out for each other.
Signature Spotlight
Urban Convenience
Preston - East is one of Melbourne's well-used inner and middle-ring renter suburbs — 20,711 residents, a substantial 43.4% renter share, and a median weekly rent of $391 that puts it broadly in line with the city average for the area. Convenient without the premium of the very centre.
Around Preston - East
Preston - East Quarter
A pocket of green space that gives the suburb some breathing room from the surrounding streets.
Preston - East Central
A well-used local strip — a handful of shops, cafés and the everyday essentials within walking distance.
Available Rental Properties in Preston - East
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Frequently Asked Questions about Renting in Preston - East
Real questions renters ask before moving to Preston - East.
Is Preston - East family-friendly for renters?
Preston - East has around 8 school options within 3km, and families renting here tend to value the balance of space and access to schools. At $391/wk median, it's broadly in line with the city average compared to the rest of Melbourne.
Is Preston - East walkable?
Preston - East carries a walkability score of 8.8/10 — daily errands and a lot of local life happen comfortably on foot.
Is Preston - East a good suburb for renters?
Yes. Preston - East has a 43.4% renter rate according to the 2021 ABS Census, meaning a substantial share of residents rent rather than own. Rental stock here turns over steadily, with a mix of houses and units available through the year.
What's the community like in Preston - East?
Preston - East has a settled, community-oriented feel, with long-term renters alongside newer arrivals. Population sits at 20,711, giving the suburb a solidly-sized feel.
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