VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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Altona is situated 13km away from Melbourne’s Central Business District. It lies within the City of Hobsons Bay local government area and has a total land area of 16.9 km². Altona has 25 parks which cover about 19% of the total land area. These recreational land areas are used by residents and visitors alike. The population of Altona in 2016 was 10,762 people. This was an 8.5% increase from 9,918 in 2011. 

This increase in population translates to the need for more rental or acquisition of real estate properties by residents. As a result, the real estate market in this suburb is currently on the path of growth. This growth is projected to continue progressing in the coming years. 

A majority of the residents of Altona are in the age range of 30 – 39 years. Households in this suburb are mainly couples living with their children. A professional occupation is the major source of livelihood for the residents of Altona. While many of the residents own the home they live in, others live in rental houses or units. 

Houses in Altona currently have a median sale price of $1,037,500. This median sale price is not fixed. Altona had an encouraging median price change of 7.13% over the last year. For units, the median sale price is currently $700,000. This median sale is also bound to change as a median price change of 5% was witnessed in the last 12 months. Based on a record of sales of houses in the past 5 years, Altona has seen a compound growth rate of 70% for houses and 2.5% for units. 

In Altona, the median house rent is $450 per week. For units, the median price per week stands at $380. Generally, the real estate market in this suburb offers a lot of promise. Its proximity to the city of Melbourne gives it an advantage. 

• The median gross rental yield on a rental unit is 3.0%
• For rental houses, the median gross yield is 2.4%
• A 2.27% median rent price change was seen for houses in this suburb in 12 months

The sales of houses, units, and other real estate properties in Altona in Melbourne are governed by law. Therefore, you need conveyancing when you are buying or selling any real estate property in this suburb. An experienced conveyancing lawyer will keep you abreast of all the changes in legislation. Right from the first phase of the exchange of contracts to the completion phase, a reliable conveyancer will make no errors. 

Conveyancing is the transfer of the legal title of real estate property from one person to another. It might sound easy, but this is not always the case. The exchange of contracts involves the signing of two copies of a contract of sale by both parties. A lot of paperwork is usually involved. You might also need to meet with the lawyer of the other party regularly. Enlisting the services of a conveyancing lawyer will take these tough processes off your neck. 

Your conveyancer should oversee the settlement process on your behalf. This will be done while protecting your best interest. For someone new to the buying or selling of properties in Altona, costly mistakes are likely to be made. An experienced conveyancing lawyer will forestall such mistakes and assist in troubleshooting problems as they emerge. 

Choosing the right Altona conveyancing service is essential. For the seller of the property, a conveyancer would represent you in all dealings with the buyer. Helping you to complete legal documents is also part of what your conveyancing lawyer will engage in. 

For the buyer, the conveyancing lawyer will assist in researching the property and its certificate of title. The conveyancer will also help prepare and lodge legal documents like the contract of sale and memorandum of transfer. LEAD Conveyancing Services have the right professionals to assist you.

Altona has an interesting history. Before the Europeans arrived, the Kurung-Jang-Balluk Aboriginal people of the Woiwurrung clan resided in the area. With the arrival of the Europeans, Altona became a permanent settlement in 1842. This suburb was named by Frederick Taegtow. He named it after Altona in Hamburg, Germany, where he hailed from. 

Taegtow had the belief that coal could be found in the area. This made him form the Williamstown (Taegtow) Prospecting Company in the area in the year 1881. The economy of this suburb was based on coal mining from 1908 to 1919. When open-cut mining was developed in the Latrobe Valley in 1930, the mining in Altona was brought to an end. Now the economy is driven by local industry, including petrochemical storage, manufacturing, and distribution. 

65% of the residents of Altona were originally born in Australia. The remaining percentage includes people born in England, New Zealand, Malta, and India. Altona upholds its culture strongly. The Altona Beach Festival holds every year at the Logan Reserve precinct. Two railway stations service this suburb. 

Suburbs surrounding Altona include 

• Laverton
• Newport East
• Newport West
• Seabrook
• Spotswood
• Williamstown
• Altona Meadows
• Seaholme

Altona is an interesting place to visit and reside in. There are numerous local attractions and a variety of activities to engage in. Here are some of them. 

Altona Beach 

This is a great beach to enjoy any time of the day at. The clean sand and clear water are very satisfying. Altona Beach has also gotten very popular with Kitesurfers. They are pleasant to watch when the wind is up. Luckily, there are places across the road to get snacks to munch on. 

Cherry Lake Altona 

This lake is an inland lake and is not far from the sea. It has a plethora of facilities that support recreational activities. If you love to cycle, hike or skate, there is a multipurpose track around this lake for such. Picnics can be very pleasant when done around this lake. 

Hobsons Bay Coastal Trail 

This coastal trail is about 20km in length. It is superiorly made in concrete and perfect for cyclists and walkers. You’ll pass so many parks along the way. Fortunately, there are areas where you can get food, water, and access to toilet facilities. 

Other places worth visiting include: 

• The 100 Steps of Federation
• Logan Reserve
• Truganina Park
• GH Ransome Reserve
• Altona Homestead
• Burns Reserve
• Apex Park
• Cheetham Wetlands