Average rent in Preston - West, VIC — 2026

Preston - West commands one of the higher rent points in Victoria, with the typical renter paying $400/week — about 10% above the state median of $363/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (63% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (60%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 12,696, the median age is 38, and the most common occupation category is Professionals. Preston - West is 9km from Melbourne. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.