50 Ruby Street, Preston, Vic 3072

$900,000 - $990,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
487 m²
Area

Published on Wednesday, October 07, 2026 ( See property details for 50 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 versatile and well-located Preston home offering multiple development options and comfortable living spaces on a generous 487sqm block.

🏡 Property Highlights

  • Outstanding location close to shopping centres, markets, and public transport
  • Potential for multiple uses including first home, investment, renovation, or development (STCA)
  • Generous 487sqm block with a large rear yard and versatile outdoor space
  • Spacious bungalow with a double bedroom at the rear of the property
  • Double garage plus ample off-street parking
  • Well-maintained interior with hardwood floors and split system heating/cooling

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Split System Heating/Cooling
  • Hardwood Floors
  • Large Laundry
  • Double Garage
  • Pet-Friendly
  • Storage
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50 Ruby Street
Preston, VIC 3072
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Vertical aerial view — 50 Ruby Street
50 Ruby Street — Vertical Aerial  •  Preston, VIC 3072  •  Nearmap © 2026

Preston is a vibrant suburb renowned for its excellent shopping, diverse dining options, and strong community vibe. It offers convenient access to public transport, parks, and local schools, making it ideal for families and investors alike. The area combines urban convenience with leafy streets and a friendly atmosphere. Its proximity to major amenities ensures a highly desirable lifestyle. Preston continues to attract buyers seeking a dynamic and accessible neighbourhood with growth potential.

What are the potential development options for this property?
Subject to council approval (STCA), the 487sqm block could be developed into two units, renovated into a larger family home, or potentially knocked down for a new build, offering flexible options for investors or developers.
Is the property suitable for first-time buyers?
Yes, the property offers a comfortable layout with spacious bedrooms, a functional kitchen, and a large backyard, making it an excellent entry point into the Preston market.
What features are included for climate control?
The home is equipped with split system heating and cooling to ensure comfort throughout the year.
Are there any additional storage options?
Yes, the property includes built-in storage solutions and a large laundry area for added convenience.
How close is the property to local amenities?
The property is conveniently located near Northland Shopping Centre, Northland Homemaker Centre, The Preston Market, local schools, parks, and public transportation, providing excellent accessibility.
Are there any existing planning or development restrictions on the property? Has the property been inspected for any structural issues or pests? Are there any easements or zoning restrictions that could affect future development? What are the council rates and potential additional costs for development or renovation? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could impact the property? What are the strata or body corporate considerations if applicable? Are there any hidden costs associated with the property, such as repairs or compliance issues? Is the property compliant with current building codes and regulations? Are there any noise or neighbour-related concerns in the vicinity?

50 Ruby Street, Preston, Vic 3072 - More Details

$900,000 - $990,000

Sale by SET DATE: Tuesday 3rd November at 5:00pm (unless sold prior)

Attention savvy buyers, a rare opportunity has just presented itself in the Preston property market, with this outstanding home in a terrific location. Enticing across a range of buyers, this residence on 487sqm could easily be a comfortable first home or investment, a renovation project, two unit development site or even a blank canvas for a knock-down rebuild (STCA). The layout begins with an entrance foyer that flows through to a separate living room with wall heater, nearby is a contemporary kitchen/meals area with functional appliances and plentiful storage.

Sleeping arrangements include two spacious bedrooms serviced by a neat bathroom and large laundry. The rear yard boasts an extra large bungalow (third double bedroom), double garage, plenty of grassland, and ample off-street parking. Added highlights also include; split system heating/cooling, window furnishings, storage plus hardwood floors. Brilliantly positioned in close proximity to Northland Shopping Centre, Northland Homemaker Centre, The Preston Market, local schools & kindergartens, parklands and public transportation.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
487 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Tue 13 Oct 1:00 pm

    Tuesday 13 October
    1:00 pm - 1:30 pm
  • Inspection Sat 17 Oct 11:00 am

    Saturday 17 October
    11:00 am - 11:30 am
  • Inspection Tue 20 Oct 1:00 pm

    Tuesday 20 October
    1:00 pm - 1:30 pm
  • Inspection Sat 24 Oct 11:00 am

    Saturday 24 October
    11:00 am - 11:30 am
Thank you for submitting your reminder request.

Map & nearby places — 50 Ruby Street, Preston, Vic 3072

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