Back 148 Albert St
Off Market

148 Albert St

Preston VIC 3072

3
1
2
501 m²
House
Last sold for $820,000
Nathan PapadopoulosNathan Papadopoulos, last sold this property on 19 March 2026 after 49 days on market.

Overview

Premium Preston Development Opportunity

A rare and exciting opportunity offering a prime development site with approved plans and permits for three contemporary triple-storey townhouses, each thoughtfully designed to deliver exceptional, light-filled living spaces. Further enhancing the appeal, the allotment also includes the original three-bedroom, one-bathroom residence, providing immediate rental income or a practical holding option while development plans are brought to fruition. Ideally positioned within a highly sought-after Preston pocket, the site enjoys close proximity to local schools, shopping precincts, parklands, and transport links. With easy access to High Street’s vibrant café and dining scene, Northland Shopping Centre, and seamless connections to Melbourne’s CBD, the location delivers outstanding lifestyle appeal and everyday convenience.

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
501 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 148 Albert St is $1.17m.

Median value
$1.17m
Estimated value range
$691k - $1.71m
Median days on market
25
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Preston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 148 Albert St

2026
Sold
$820,000
19 Mar 2026 by Nathan Papadopoulos, of Barry Plant Ivanhoe
2025
Rented
Undisclosed
Leased on 19 May 2025 by Harcourts Rata & Co - Thomastown/Lalor
2024
Rented
Undisclosed
Leased on 25 Sep 2024 by Harcourts Rata & Co - Thomastown/Lalor

Happy sellers in Preston

95%
95% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 120 reviews in Preston over the last 12 months.

Local market activity for 3 bedroom houses in Preston

In the last 12 months, 153 three-bedroom houses similar to 148 Albert St, have been sold.

This represents a 22% increase in three-bedroom houses sales when compared to the previous 12 months.

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