23 Young Street, Preston VIC 3072

3-bedroom house | Preston inner-north pocket | title reference Lot 56 LP7500 | sale guide visible around $1.08M–$1.18M | standalone dwelling not apartment This is a three-bedroom detached house on a confirmed title in a gentrifying inner-north corridor, where standalone houses under $1.2M are increasingly rare. The property sits in a residential pocket of Preston with strong transport access and mixed housing stock, making it suited to owner-occupiers seeking a foothold in a rising suburb or investors targeting capital growth from ongoing renewal. The lot and plan reference indicate a standard Torrens title, which reduces complexity for finance and future subdivision or extension potential. The absence of disclosed bathroom and car space counts, land size, and building condition creates valuation risk, as comparable sales like the nearby Albert Street property show wide pricing variation by land and dwelling quality. Buyers should budget for a building and pest inspection and a title search to check overlays. The visible guide range suggests realistic entry, but without floor plan or council valuation, the buyer cannot yet assess renovation feasibility or holding costs. This property is best held as a medium-term owner-occupied home or a value-add renovation project, not a passive investment.