The housing market in Preston, Central Coast, Tasmania, offers potential homeowners and investors a mix of opportunities given its unique blend of rural charm and accessibility. Over recent years, the area has seen a modest increase in property prices, reflecting both local demand and interest from buyers seeking more affordable options compared to bustling city centers. Properties range from quaint cottages to more spacious family homes, often set on larger plots of land that offer stunning views of the surrounding countryside. The market remains competitive yet manageable, attracting first-time buyers, retirees, and families looking for a more laid-back lifestyle without completely disconnecting from urban amenities.
Living in Preston provides a serene and community-oriented environment, ideal for those looking to escape the hustle and bustle of city life. Residents enjoy a slower pace with plenty of natural beauty, as the area is known for its picturesque landscapes and proximity to both the coast and lush forests. Community events and local markets add to the small-town charm, allowing for a tight-knit community feel where neighbors know each other by name. Despite its tranquil setting, Preston is conveniently located near essential services, schools, and shops, making daily life both comfortable and practical. The balance of peaceful rural life with accessibility ensures that living in Preston is both enjoyable and fulfilling.
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Thinking about buying in Preston? Now could not be a better time, with just 107 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $409,000 with prices in this suburb ranging from $73,000 to $1,114,000. The aproximate distance to the coast is 12 Km.
Consistent high demand relative to supply is a key feature in Preston driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Preston are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Preston classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Preston requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Preston there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.7 | 11.1 | 23.4 | 40.6 | 94.7 | 3.2 | 21.6 |
Dec | 1.8 | 12.8 | 26.4 | 36.6 | 93 | 3.2 | 25.4 |
Jan | 1.7 | 14.8 | 28.8 | 35.9 | 91.9 | 3.2 | 23.6 |
Feb | 1.2 | 14.6 | 28.1 | 38.0 | 92.6 | 2.8 | 20.2 |
Mar | 1.4 | 12.8 | 24.8 | 41.7 | 93.5 | 2.6 | 14.8 |
Apr | 2.1 | 10.3 | 21.3 | 47.2 | 96.6 | 2.4 | 10.8 |
May | 1.7 | 8.4 | 17.5 | 54.5 | 95.5 | 2.8 | 7.6 |
Jun | 1.8 | 6.0 | 14.3 | 64.3 | 98.2 | 2.3 | 6.4 |
Jul | 1.4 | 6.4 | 14.2 | 61.1 | 97.3 | 2.9 | 7.4 |
Aug | 1.9 | 6.0 | 14.6 | 53.8 | 96.2 | 3.0 | 9.6 |
Sept | 1.6 | 7.8 | 18.1 | 45.8 | 95.4 | 3.1 | 14.1 |
Oct | 1.6 | 9.5 | 21.3 | 43.4 | 95 | 3.2 | 18.5 |
source: Australian Government Bureau of Meteorology
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