Prestons, NSW

FAIR VALUE

10,969 sales · 36 years of data · NSW, Australia

$1,188,000
Median (All)
$1,200,000
Median (Houses)
$910,000
Median (Apartments)
6.0%
10yr CAGR
5.9%
36yr CAGR
8.5%
Strata %
36 years of data · 10,969 sales analysed · 2,500+ suburbs · Updated weekly

Prestons, NSW Property Market Overview

Prestons, NSW, 2170, is a residential suburb located in the southwestern region of Sydney. With 36 years of property sales data, AusPropertyInsights.app has recorded 10,969 total sales in Prestons. The current median property price (all types) in Prestons is $1,188,000, reflecting the suburb's position in the Sydney property market.

Prestons offers a mix of housing options, with a current median house price of $1,200,000 and a median apartment price of $910,000. The suburb is known for its family-friendly environment and convenient access to amenities. Prestons has demonstrated consistent growth over the long term, making it a suburb of interest for both homeowners and investors.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $895,424
Based on the 10-year compound annual growth rate of 6.0%
Predominantly houses9% apartments
92% of sales are houses and other non-strata properties
Loading chart...

Property Mix

92%
Houses 92%$1,200,000Apartments 9%$910,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Prestons

Street Rankings

Top streets in Prestons, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Mullenderree StHouse5$1,155,000
2Braidwood DrHouse5$1,200,000
3Dalmeny DrHouse5$1,270,000
4Rosewood AveHouse6$1,285,000

... and 264 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Wonga RdApartment7$6,552/m²
2Barcelona DrHouse13$3,425/m²
3Broulie StHouse3$3,571/m²
4Plukavec CctHouse3$4,134/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Braidwood DrHouse+6.4%
2Myrtle StHouse+6.0%
3Rosewood AveHouse+7.6%
4Acacia AveHouse+8.1%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

58
apartment buildings analysed
#AddressSalesMedian$/m²
1353 Wonga Rd11$891,000$6,552/m²
216 Bernera Rd5$1,855,315$4,482/m²
3100 Lyn Pde Storage3$360,000$8,571/m²

... and 54 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

58
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

9%
apartments across 58 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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268 streets and 58 buildings to explore

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3 street rankings
All 268 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
58 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 10,969 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Prestons at a Glance

Region
South Western Sydney
CBD Distance
40km southwest of Sydney CBD
Train Station
Edmondson Park Station (T2 Leppington Line)
Council
Liverpool City Council
Property Character
Established residential with a mix of houses and apartments
Community
Young families and established residents

Prestons, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Prestons, NSW

Prestons offers a comfortable and convenient lifestyle for its residents. Families are drawn to the area due to the presence of quality schools such as Prestons Public School and William Carey Christian School. These schools provide educational opportunities for children of all ages.

For shopping and amenities, residents can visit the nearby Liverpool Westfield or the local shopping village in Prestons, which offers a range of retail outlets and services. Parks and recreational areas, such as the local parks on Dalmeny Drive, provide spaces for outdoor activities and community gatherings. Prestons is also conveniently located near the M7 motorway, providing easy access to other parts of Sydney. The suburb has a family-friendly vibe, with a strong sense of community.


Who Buys in Prestons?

Prestons attracts a diverse range of buyers. Families are drawn to the area due to the availability of larger houses and good schools. The median house price of $1,200,000 reflects the value placed on family homes in Prestons.

First-home buyers may find the apartment market, with a median price of $910,000, more accessible. Investors may be attracted by the historical growth rates, as indicated by the 10-year CAGR of 6.0%. The strata percentage of 8.5% suggests that apartments represent a smaller portion of the overall market, which may appeal to those seeking low-maintenance living.

Market Analysis

The Prestons property market, as of early 2026, is currently assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Prestons are aligned with historical performance and broader economic conditions.

Being near its long-term trend means that Prestons is neither significantly overvalued nor undervalued at this time. Buyers and sellers can expect relatively stable conditions, with prices reflecting the underlying value of properties in the area. This cycle position can provide a sense of security for those looking to transact in the Prestons property market.


Is Prestons a Good Investment?

Prestons has demonstrated consistent growth over the long term, as evidenced by its historical CAGR figures. The 10-year CAGR of 6.0%, the 20-year CAGR of 6.2%, and the full-period CAGR of 5.9% highlight the suburb's sustained performance. This historical data is relevant when analysing Prestons's potential.

As of early 2026, the Prestons property market is assessed to be near its long-term trend. This position suggests that the suburb's property values are currently aligned with its historical performance. This can be useful when evaluating the market dynamics in Prestons.


Prestons Market Outlook

As of early 2026, the Prestons property market is assessed to be near its long-term trend. This indicates that property prices are aligned with historical performance and broader economic conditions at this time.

Recent price trends in Prestons reflect a relatively stable market. This assessment is based on the available data and current market conditions. The overall outlook for Prestons suggests a balanced market, where supply and demand are relatively in equilibrium.

Streets & Location in Prestons, NSW

Prestons, identified by postcode 2170, features a diverse range of residential streets. Among the streets with higher median property prices are BARGO PL, BARCELONA DR, and DALMENY DR. These streets often reflect larger block sizes, desirable locations, or higher quality housing. Prestons is comprised of 268 streets.

The location of Prestons in southwestern Sydney provides residents with access to a variety of amenities and services. Its proximity to major transport routes enhances connectivity to other parts of Sydney.

Market Dynamics

The Prestons property market exhibits typical transaction patterns. The average settlement time for properties in Prestons is approximately 58 days. This timeframe is consistent with standard property transactions in the Sydney metropolitan area.

Currently, data regarding quick-flip activity in Prestons is not available. This information would provide insights into short-term investment strategies within the suburb. However, the average settlement days reflect normal market activity.

Development & Density

Prestons features a mix of housing types, reflecting a balanced development density. There are 58 apartment buildings in Prestons, contributing to the suburb's overall housing stock. The remaining properties are predominantly detached houses, offering a variety of living options.

The development landscape in Prestons has evolved over time, with new constructions and renovations contributing to the suburb's growth. The presence of both houses and apartments caters to different lifestyle preferences and affordability levels.

Growth & Property Mix

Prestons has shown solid capital growth over the past decades. The 10-year compound annual growth rate (CAGR) for Prestons is 6.0%, while the 20-year CAGR is 6.2%. Over the full 36-year period of available data, Prestons has experienced a CAGR of 5.9%. These figures demonstrate the historical performance of the Prestons property market.

The property mix in Prestons includes both houses and apartments, with apartments (strata title) comprising 8.5% of the total property landscape.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Prestons, NSW

What is the median property price in Prestons?
The current median property price (all types) in Prestons is $1,188,000. This includes both houses, which have a median price of $1,200,000, and apartments, which have a median price of $910,000.
Is Prestons overvalued or undervalued?
As of early 2026, the Prestons property market is assessed to be near its long-term trend. This suggests that property prices in Prestons are currently at fair value.
How has the Prestons property market performed over 10 years?
The Prestons property market has shown solid growth over the past 10 years. The 10-year compound annual growth rate (CAGR) for Prestons is 6.0%, reflecting consistent appreciation.
What percentage of Prestons is apartments vs houses?
Apartments (strata title) make up a smaller proportion of the property market in Prestons. Approximately 8.5% of properties in Prestons are apartments, with the majority being houses.
Where is Prestons in the property cycle?
As of early 2026, Prestons is near its long-term trend. This means the suburb's property market is considered to be at fair value, reflecting its historical performance.
What schools are near Prestons?
Prestons is serviced by several schools, including Prestons Public School and William Carey Christian School. These schools provide education for primary and secondary students in the area.
What is Prestons like to live in?
Prestons is a family-friendly suburb with a mix of housing options and convenient access to amenities. Residents enjoy local parks, shopping centres, and good schools, creating a comfortable lifestyle.
Is Prestons good for families?
Yes, Prestons is generally considered a good suburb for families. It offers a range of housing options, good schools, and parks, making it an attractive place to raise children.
How far is Prestons from Sydney CBD?
Prestons is located approximately 40km southwest of the Sydney CBD. This distance provides a balance between suburban living and accessibility to the city.
What transport options are in Prestons?
Prestons offers several transport options. Edmondson Park Station, on the T2 Leppington Line, is a major train station nearby, and bus routes connect Prestons to surrounding areas. The M7 motorway also provides easy access to other parts of Sydney.
How does Prestons compare to nearby suburbs?
Prestons's median property price of $1,188,000 positions it competitively within the southwestern Sydney region. Compared to some neighbouring suburbs, Prestons offers a balance of affordability and growth potential.
Is Prestons a good first home buyer suburb?
Prestons may be an option for first home buyers, particularly those interested in apartments. With a median apartment price of $910,000, it offers a more accessible entry point compared to houses in the area.
What are the best streets in Prestons?
Some of the streets with higher median property prices in Prestons include BARGO PL, BARCELONA DR, and DALMENY DR. These streets often feature larger homes and desirable locations within the suburb.
How many properties have been sold in Prestons?
Over the 36 years of data recorded by AusPropertyInsights.app, a total of 10,969 properties have been sold in Prestons.
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