3 Ruby Street, Preston, Vic 3072

$900,000 - $990,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
550 m²
Area

Published on Thursday, September 10, 2026 ( See property details for 3 Ruby Street, Preston, Vic 3072)

$900,000 - $990,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious 3-bedroom home on a large 550m² block in a highly sought-after Preston pocket, offering excellent renovation and development potential.

🏡 Property Highlights

  • Generous 550m² allotment with 15m frontage offering redevelopment potential (STCA).
  • Prime Preston location close to Preston Market, Northland Shopping Centre, and vibrant café precinct.
  • Versatile living spaces with generous proportions suitable for renovation or extension.
  • Ideal for renovators, builders, and developers seeking a substantial parcel of land.
  • Close to local parks, schools, and excellent public transport options including buses, trains, and trams.
  • Opportunity to create a custom family home or capitalise on future development prospects.

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Fully Fenced
  • Water Tank
  • Pet-Friendly
  • Security Screens / Gates
  • Floorboards
  • Ceiling Fans
  • NBN / High-Speed Ready
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3 Ruby Street
Preston, VIC 3072
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Vertical aerial view — 3  Ruby Street
3 Ruby Street — Vertical Aerial  •  Preston, VIC 3072  •  Nearmap © 2026

Preston is a vibrant suburb renowned for its diverse community, excellent shopping and dining options, and convenient transport links. It offers a mix of historic charm and modern amenities, making it ideal for families and investors alike. The area boasts numerous parks, schools, and easy access to public transport, ensuring a connected and comfortable lifestyle. With ongoing development and a strong community vibe, Preston remains one of Melbourne’s most desirable suburbs.

What are the potential uses for the property given its large 550m² block?
The property offers scope for renovation, extension, or redevelopment (STCA), making it suitable for creating a family home or a new development project.
Is the property suitable for future development or subdivision?
Yes, the 550m² allotment with a 15m frontage provides significant potential for redevelopment or subdivision, subject to council approval.
What amenities are nearby?
The property is conveniently located close to Preston Market, Northland Shopping Centre, local parks, schools, and public transport including buses, trains, and trams.
What features does the house include for comfortable living?
The house features open-plan living spaces, ceiling fans, floorboards, security screens, and a fully fenced yard, providing comfort and security.
Are there any restrictions or approvals needed for redevelopment?
Any redevelopment or subdivision would require council approval and adherence to local planning regulations and zoning laws.
Are there any existing planning restrictions or zoning overlays that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks in the past? Are there any easements, covenants, or other restrictions on the land? What are the potential costs involved in renovating or extending the property? Is there any ongoing or upcoming construction or development in the surrounding area that could impact the property?

3 Ruby Street, Preston, Vic 3072 - More Details

$900,000 - $990,000

Sale by SET DATE: Tuesday 06th October at 5:00pm (unless sold prior)

Perfectly positioned in a highly desirable Preston pocket, this generously proportioned 3-bedroom, 1-bathroom home presents an exciting opportunity for renovators, builders and developers alike.
Set on an impressive 550m² allotment with a 15m frontage, the property offers outstanding scope to renovate, extend or redevelop (STCA), while providing a comfortable foundation for families looking to create their ideal home.
Inside, generous proportions and versatile living spaces provide plenty of flexibility, with the home offering immediate comfort alongside significant potential for the future.
The location is equally compelling, placing you moments from Preston Market, Northland Shopping Centre and High Street's vibrant café and dining precinct, as well as local parks, schools and an array of public transport options including buses, trains and trams.
Whether you're searching for your next renovation project, a family home with room to grow, or a site with exciting future possibilities, this is a rare opportunity to secure a substantial parcel of land in one of Preston's most sought-after pockets.

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
550 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 12 Sep 12:00 pm

    Saturday 12 September
    12:00 pm - 12:30 pm
  • Inspection Wed 16 Sep 1:00 pm

    Wednesday 16 September
    1:00 pm - 1:30 pm
Thank you for submitting your reminder request.

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