VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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Coburg is situated in the City of Moreland local government area. It is 9km from Melbourne and has a land area of 7 km². There are 21 parks present in this suburb. These parks cover about 6.2% of the total area of this suburb. Old-school styles of housing are not rare in Coburg. It is easy to find California bungalows and renovated Victorians in this suburb. However, new townhouses, houses, and units are springing up with a new style. 

Coburg had a population of 26,185 as of 2016. This was a 4.84% increase from 24,976 in 2011. This rise in population has helped the growth of the real estate market in Coburg. Residents of this suburb work professional occupations. The population is fairly young, with the predominant age group being 30 – 39 years. Households in Coburg consist majorly of couples with children. 

In Coburg, the median sale price for units has been $610,000 in the last 12 months. The median price change has been 8.83% over the same period. For houses, the median sale price has been $1,100,000. The price change has also been impressive at 7.6%. Thus, over the last five years, the compound growth rate has been consistent. 

Rental houses in this suburb have a median rent cost of $545 per week. Units available for rent have a median rent of $400 per week. These prices are prone to change in months. 

• Investors have seen a compound growth rate of 7.4% for houses
• The median gross yield for houses has been 2.5% over the last 12 months
• Rental units have seen a median gross yield of 3.4% over the last 1 year

Acquiring the ownership of a real estate property in Coburg can be a lot of work. Conveyancing services simplify all the procedures involved. Conveyancing is the transfer of legal title or ownership of real estate properties from the seller to the new buyer. On the surface, these processes can look simple. Unfortunately, this is not always the case. The processes involved can take many months to complete. This can even be longer if the buyer decides to do away with conveyancing services. 

The contracts of sales for properties in Coburg should be in writing. This is a requirement in all jurisdictions of Melbourne, Victoria. The subsequent exchange of contracts always involves the signing of two copies by both parties and exchanging them. Your conveyancing lawyer will assist in making sure these processes are error-free.

Your conveyancing lawyer will take charge of all the difficult paperwork. They will also meet with the other party's lawyer regularly to ensure that the transaction goes smoothly. For example, there are terms you might not understand during the transaction. Your conveyancing lawyer will explain them in detail to you. Additionally, your conveyancing lawyer has the expertise to forestall any problems during acquisition.

Choosing a reliable conveyancer is very important. The best conveyancing services in Coburg will oversee the settlement process on your behalf. They also assist in troubleshooting problems as they come up. Not only do buyers need conveyancing services. If you intend to sell a property in Coburg, you need a conveyancing lawyer. LEAD Conveyancing Services have the right professionals to assist you.

Coburg is one of the suburbs of Melbourne in the state of Victoria. Before the Europeans settled in this area, it was occupied by the Woiwurrung-speaking Wurundjeri people. One of the major features of this suburb is the Sydney Road commercial area. In the 1860s, the Sydney Road attracted commercial buildings and hotels. The activities here made this suburb develop rapidly. Coburg became the Shire in the year 1865. 

The first post office in Coburg was opened in August 1853. In 1884, the Upfield railway line was opened. Four years later, the Coburg railway station was built. By 1889, horse tram began services along Sydney road. Electric trams took over in the year 1916. Generally, the majority of commercial activities in this suburb happens between Coburg railway station and Sydney Road. 

62% of the population of Coburg were born in Australia. Italy, Greece, Lebanon, and England make up the other popular countries of birth of the residents of this suburb. About 50.8% of the current population speak only English. However, it's not rare to find people speaking Italian, Greek, and Arabic. 

Suburbs surrounding Coburg include: 

• Pascoe Vale
• Brunswick
• Preston
• Thornbury
• Strathmore
• Fawkner

Coburg has a lot of loyal locals. Loyal in the sense that they have decided to reside permanently and raise families in the suburb. Coburg has a unique, multicultural flavor. It is very close to Melbourne's central business district and is a great location for young and independent people. There are a lot of local attractions in Coburg; some of them include: 

Coburg Lake Reserve 

The grass and trees of this Lake Reserve are well maintained. This makes it the perfect spot for a picnic with friends. A large number of ducks can be seen around the lake area. You can have a lot of fun feeding them. This fabulous space has many seats, a concert stage, and clean BBQ areas. 

Coburg Farmers' Market 

This Farmers' Market holds every Saturday from 8 am to 1 pm. This sustainable market offers fresh produce of the highest quality. It holds in the Coburg primary school and is completely plastic-free. At the Coburg farmer's market, you'll be getting products directly from producers at a fair price. There's always something extra like face painting, chalk drawing, and reptile display. 

Coburg City Oval 

If you love sports, you'll have an enjoyable time at the Coburg City Oval. It is home to the Coburg Football Club. This City Oval is modernized for the future. You can always come around and watch teams compete against each other in the Victorian Football League. 

Other interesting places to visit in Coburg include: 

• Bush Reserve
• Harmony Park
• De Chene Reserve
• Doug Hull Adventure Park
• Coburg Public Library
• Trash and Treasure