VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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Ascot Vale is a suburb located in the inner part of Melbourne in Victoria. It is 6 km away from the Melbourne central business district. This suburb is situated in the City of Moonee Valley local government area. Ascot Vale has a land area totaling 3.8 km². There are 6 parks in Ascot Vale that cover about 10% of the total land area. 

There has been a consistent influx of people into Ascot Vale in recent years. In 2011, the population was estimated to be 13,476. However, according to the 2016 Census of Population and Housing, the population of Ascot Vale was 14,750. This reveals a 9.4% increase in population. 

The real-estate market of Ascot Vale has witnessed positive growth. This is in accordance with the increasing population. A majority of people residing in this suburb are young and independent. Most of them are in the 30 – 39 age range. Established couples and their families are also present in Ascot Vale. It is not rare to see households comprising of older couples and some elderly families. 

The majority of the working-class residents of this suburb work in a professional occupation. The need for residential apartments is high. People residing in Ascot Vale are either living in rental apartments or owned properties. 

The median sale price of houses in Ascot Vale is currently $1,300,000. Units have a lower median sale price of $613,000. This median sale price is not constant. In the last 12 months, the median sale price change for houses was 7.5%. Owners of rental houses collect a median rent of $585 per week. For units, the median rent is currently $385 per week. 

• Compound growth of houses in Ascot Vale in the last 5 years is 5.9%
• The median gross yield for rental units in this suburb is 3.3%
• The median gross yield for rental houses is 2.4%

Conveyancing is the process of legally transferring the title of ownership of a property to the new owner. Processes involved in buying a property in Ascot Vale can take months to complete. A conveyancing lawyer in this inner suburb of Melbourne will make the time shorter. This lawyer will also assist you in navigating the process seamlessly. Buyers tend to encounter problems when they do it alone.

Any mistake made during the exchange of contracts of sale can be costly. The buyer can risk losing the property and the 10% deposit. An expert conveyancing lawyer will offer you valuable advice and troubleshoot problems as they emerge. 

Choosing the right professional is very important. A licensed conveyancer is a bit different from a conveyancing lawyer. The state government grants a license to a licensed conveyancer. This license enables the conveyancer to provide services to residential property buyers and sellers. On the other hand, a conveyancing lawyer, on the other hand, is granted a practicing certificate by the legal services commission. 

An Ascot Vale conveyancing lawyer will do everything necessary to ensure the three stages of a conveyancing transaction are successful. These stages include the pre-contract, pre-completion, and post-completion stages. As a seller, your conveyancing lawyer will help you complete legal documents. Your lawyer will also represent you in all dealings with the lawyer of the buyer. 

The sale of properties in Ascot Vale is usually governed by laws and regulatory practices. Your conveyancing lawyer will keep you abreast of any change in legislation. Professional conveyancing lawyers contact the other party’s lawyer regularly. You will be able to focus on moving in while the conveyancing lawyer oversees the settlement process. LEAD Conveyancing have the right professionals to assist you.

Ascot Vale has the Maribyrnong River as its west boundary. It also has the Maribyrnong and Ormond Roads as its boundaries at the North. In the east, it is bordered by the Moonee Ponds Creek. Lyons Road borders this suburb in the south. In terms of transport, rail and trams are mostly utilized by the residents. Trains generally take little more than 10 minutes to get to the City Loop. 

The first post office in this suburb was opened in the year 1888. It was once known as the Ascot Vale West Post Office. It was renamed in 1893. Demographically, about 65% of people living in Ascot Vale were born in Australia. People born in Vietnam but relocated to this suburb account for about 2.8% of the population. It is not rare to find people born in England, Italy, and China living in this inner suburb of Melbourne. At least 66% of the residents of Ascot Vale speak only the English language. 

Ascot Vale is surrounded by other suburbs, including: 

• Monee Ponds
• Maribyrnong
• Flemington
• Travancore
• Footscray
• Essendon 

Ascot Vale is relatively close to the Melbourne metropolis. It is surrounded by beautiful homes, shopping centres, and schools. People in Ascot Vale are very friendly and make this suburb the perfect place to start a family. There are several local attractions and many interesting things to do in this suburb. Some of them include: 

Victory Park 

The entire family will have so much fun at this adventurous park. Kids will particularly have a great time at the Essendon Community Playground at this park. This is the right place to learn a lot about World War 1 while having a nice time. The BBQ facilities at this park are also available for use. 

The Union 

You can enjoy a bottle of beer with friends under beautiful sunlight and fresh air at the Union. When the weather is favorable, the large retractable roof can open to allow this. The meals served here are of the highest quality. You can have a chat with friends at the local bar. Whenever you want to enjoy fine wine and a special cocktail, you can use the room at the Union called ‘The Other Bar.’ 

Fairbairn Park 

Sports lovers will find this park very interesting. This park has a netball court. It also has a golf course and a tennis court. The Maribyrnong River borders this park. Canoeists can have a good time on this river. Kids also have two dedicated playgrounds where they can while away time. 

Other places of interest in Ascot Vale include: 

• Ascot Vale Public Library
• Rothwell Park
• Walter Street Reserve Playground
• Ascot Vale Station
• Ascot Vale Leisure Centre