Suburb Property Profile: Preston, VIC 3072


Thinking about buying an off the plan property in Preston, Victoria? Whether it's an off the plan apartment, townhouse or house and land package, you'll want to discover the Location Demographics, Travel & Infrastructure, Shopping and Schools & Recreation.


Location Demographics

The vibrant suburb of Preston welcomes everyone to a growing and inviting area that is known for its artistic and diverse culture. It is situated close to 10 km north-east from Melbourne’s one of a kind Central Business District. Before the town was properly established, it was utilised for farming and market gardens. Preston was presented as a flourishing residential space during the 1860s with an abundance of land and newly built rail stations. Presently, it has a handful of distinct features, trendy cafes and also embraces authentic cuisines.  

Having a friendly community and accessible location, families with children, retirees and professionals have decided to move into Preston. The Australian Bureau of Statistics have worked out the whole population to have around 16 000 people and also 4 000 families. To add, private dwellings continue to increase with over 4 300 properties already developed. Most of the residents are between 10 to 20 years of age and the median age is 34 years old. 

Preston MarketImage Credit:


Travel & Infrastructure

Commuters have a selection of public transport options with services running on a regular basis. Just around the corner, the Preston Railway Station has 2 platforms and trains following along the Mernda Line. For more, buses are operating with  heaps of stops spread out on High Street and Bell Street. There are also many tram stops on Plenty Road, St Georges Road and Gilbert Road. When travelling by car, you are able to make use of the Eastern Freeway. 

Putting forward a Council Plan for 2021 to 2025, the Darebin City Council is aiming to deliver a more equitable and connected neighbourhood. The Darebin 2041 Community Vision has also been incorporated which commits to creating prosperity and mitigating the climate emergency through achieving zero greenhouse gas emissions by the year 2030. In regards to action plans in Preston, the council are prioritising building the Darebin Intercultural Centre and a Global Learning Hub. They are also focusing on providing maintenance for sport fields, repairing bike paths and encouraging tree planting. 



Conveniently organise your weekly shop with a range of stores and retailers within the vicinity. The Preston South Shopping Centre has supermarkets and services while the Northland Shopping Centre is only 3 km away. It boasts a sprawling mall with all kinds of brands, quick eats, a plaza and cinema. You can also buy your homeware necessities and tools from HomeCo Northland on Chifley Drive. When it comes to meals, sample the menu from a variety of popular restaurants and enjoy international dining. Try the signature dishes at Dexter Restaurant or order at the Pad Cha Thai Restaurant. The Oliva Social Restaurant hosts live music, events and feasts to satisfy your cravings. Make dinner plans at the Tonda Italian Restaurant and check out the seasonal specials at the Stolberg. 

Preston Northland Shopping CentreImage Credit:


Schools & Recreation

Surrounded by countless schools, students of all ages are able to be fully supported with their studies. The Preston South Primary School is an easy walk and the Bell Primary School is less than a 2 km journey. Both under a 1 km walking distance, the Preston High School caters to those in secondary and St John's College accepts every year level. Preschoolers are taken care of at the Darebin Childcare and Kindergarten or at Niño Early Learning Adventures. On the other hand, the Melbourne Polytechnic Preston Campus offers pathways, higher education courses, apprenticeships and traineeships. 

Blending historical and contemporary attractions, Preston showcases loads of idyllic parks and gardens where everyone can sit back and relax. The Ray Bramham Gardens is filled with colourful flowers and green fields making it a lovely setting for a walk with pets. Stop by at A.H. Capp Reserve which has a playground for the younger ones and an off leash area where your dogs can run and play. On Jessie Street, the Margaret Walker Reserve also has a playground with swings and slides. Alternatively, attend an event or catch a production at the Darebin Arts & Entertainment Centre. It houses a modern theatre and an exhibition hall with function rooms. An iconic spot, the Preston Market is a buzzing indoor venue that has stalls selling clothing, baked goods and fresh fruit and vegetables.

If you’re searching for the right place to call home or are wanting to invest, settle into the wonderful suburb of Preston.

Preston Darebin Arts & Entertainment CentreImage Credit:


Looking to purchase an off the plan property in Preston? Get in touch with iBuyNew and speak to our team of experts on 1300 123 463 to find out how we can help. Click here to find out the latest facts and figures on Preston.  


View new and off the plan properties in or near Preston here.

Published on 13th of February 2023 by Davina Deluao
Davina Deluao
Davina Deluao

Davina graduated from Swinburne University in 2018 with a Bachelor of Arts, majoring in Journalism. Through travelling and studying abroad in NYC and LA, her interests in property and design grew and became a strong pursuit. Davina has been writing for iBuildNew Group since 2019.


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