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13 Emerald Street, Preston$1.01m
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For Salehouse

13 Emerald Street

Preston, VIC 3072, Australia
$1.01m
3 bed 1 bath 4 car495 m²

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About this property

Positioned in one of Preston's most tightly held and consistently evolving pockets, 13 Emerald Street presents an outstanding opportunity to secure a substantial 495sqm (approx.) allotment with significant future upside and immediate versatility. Offering approved plans and permits for two side-by-side townhouses, this is a rare chance to step straight into a ready-to-go development project in a location where demand for quality new homes continues to surge. For developers, the hard work has already been done. With plans in place, the site is primed for a streamlined build process, allowing you to capitalise on Preston's strong sales market and ongoing gentrification. The proposed dual-occupancy design maximises the land's potential while aligning perfectly with the surrounding streetscape of quality homes and modern developments. However, this property is not limited to developers alone. Homebuyers will also immediately recognise the appeal of the existing residence, which provides comfortable and functional living with the flexibility to move straight in, update over time, or simply enjoy as a well-located home in its own right. Renovators will see the opportunity to transform and enhance the current dwelling, further adding value in a high-growth suburb. The generous land size of approximately 495sqm provides a rare sense of space for the area, offering options that are increasingly hard to find in Preston. Whether you choose to redevelop, renovate, or retain and landbank, the flexibility here is a standout feature. Perfectly positioned, the home enjoys excellent access to local amenities including reputable schools, parklands, transport options and the vibrant retail and café precincts that Preston is known for. With High Street, Northland Shopping Centre and key transport links all within easy reach, the lifestyle convenience on offer is exceptional, further enhancing long-term desirability. This is a property that truly caters to a wide range of buyers-developers seeking a ready-to-go project, investors chasing strong growth fundamentals, or homebuyers wanting to secure a foothold in a premium inner-north location with outstanding future potential. Opportunities of this calibre, combining approved plans, generous land size and an exceptional location, are increasingly rare in Preston.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
4
Land Area
495 m²
Listed
1 month ago

Repayment calculator

$4,896/month
$2,448 /fortnight
Loan $808,000 at 6.10% over 30 years

Upfront costs

Deposit$202,000
Stamp duty$55,550
Conveyancing (est.)$2,000
Total upfront$259,550
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Preston

This 3-bedroom house in Preston, VIC 3072 sits within reach of public transport, local shops and nearby schools. It is listed 1% above the $997,500 median of 59 comparable houseswithin 5 km.

Schools near Preston

  • East Preston Islamic Collegecombined · Prep-12 · CoEd
  • St John's College Prestoncombined · Prep-12 · CoEd
  • Bell Primary Schoolprimary · Prep-6 · CoEd
  • Newlands Primary Schoolprimary · Prep-6 · CoEd
  • Preston Primary Schoolprimary · Prep-6 · CoEd
  • Preston South Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Preston 2 (train)1.6 km away
  • La Casa Del Pane1.5 km away
  • Unnamed1.3 km away
  • Preston City Oval1.5 km away
  • Melbourne Polytechnic Courtyard1.8 km away

Preston at a glance

Full suburb profile
Population
33,790
Median age
37
Household income
$1,844/wk
Median rent
$392/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Preston price trend

Median sold · House 3 bed

Compound growth -1.4% / yr over 4 yrs

$1.08mcurrent median

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Full Preston market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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