VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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Glen Waverley is situated in the City of Monash local government area. This suburb is 19 km away from Melbourne’s central business district in the state of Victoria. It has a land area size of 16.8 km² and 48 parks that cover approximately 6.7% of the total land area. Residential apartments typical of the 1970s are very noticeable in this suburb. However, newer houses imitating the same style are gradually taking over the remaining landscape. 

In 2011, this suburb of Melbourne had a population of 39,204. By the year 2016, the population had increased to  40,327, reflecting a 2.8% increase. The real estate market of Glen Waverley is doing immensely well. In 2013, Glen Waverley had the seventh-highest number of houses selling at $1,000,000 or more in Melbourne. Chinese property buyers largely contributed to the price gains in this suburb. 

Glen Waverley is situated in a location that is ideal for starting a family. A large number of older couples and families have made this suburb their permanent residence. It is not rare to find independent youths here too. The distance from Melbourne makes it easy to find a spacious place to reside in while working or schooling. Also, the majority of people in Glen Waverley work in professional occupations. 

In Glen Waverley, the median sale price for houses is $1,400,000. This median sale price puts it in the 95th position in the state of Victoria. In terms of units, the median sale price is $880,000. These prices are prone to consistent change in future periods. From data, the investors in Glen Waverley have seen a compound growth rate of 3.7% for houses. The compound growth rate of 5.0% for units was also witnessed in the same period. 

Rental properties are also doing great in this suburb. The median rent for houses is $500 per week. Rental units have a slightly lower median rent price of $460 per week.

• The median gross yield for rental houses in glen Waverley is 1.8%
• The average percentage of a sold property that has been discounted in this suburb is  -7.61%
• The median gross yield for units currently stands at 2.7%

There are several affordable real estate properties in Glen Waverley. Acquiring the ownership of the one that goes right with your budget is the next step. You need conveyancing services when buying or selling a landed property in this suburb. Conveyancing is the legal process of transferring the ownership of a real estate property from the old owner or entity to the new owner. Some processes need to be followed when acquiring ownership of properties in Glen Waverley and its environs, and a conveyancing lawyer will help you navigate these processes effortlessly. 

There are three important phases in conveyancing. The first phase is the pre-contract phase. The second and third stages are the pre-completion and post-completion phases. To successfully complete these phases might seem like easy work, but it is not. Navigating these phases can be very tiring for an inexperienced buyer. Expert conveyancers can assist you in doing all these.

A little difference exists between a licensed conveyancer and a conveyancing lawyer. Generally, a conveyancing lawyer is more suitable for your conveyancing needs. This is because a conveyancing lawyer has the training to provide legal advice beyond the terms of the contract of sale. The scope of the conveyancing lawyer is also broader. Enlisting the services of a conveyancing lawyer minimizes errors and can quicken the settlement process. 

Choosing the best conveyancing lawyer is very important. If you’re the buyer, your conveyancing lawyer will help you with lodging legal documents. Your lawyer will also be your representative when dealing with the seller or their agent. As a seller of landed property in Glen Waverley, you also require the services of a conveyancing lawyer. LEAD Conveyancing Services offer the best services.

Glen Waverley is often called the ‘centre of the universe by its Chinese residents. This is because of its favorable living conditions, nice weather, and good amenities. This suburb was first settled in the middle of the 19th century. It was subsequently developed for use as orchards and farmlands. Most of the development in Glen Waverley occurred between the 1950s and 1970s. Kingsway is the main street in Glen Waverley. This street is transforming to be a lively dining and entertainment area. It is to be noted that Kingsway has a strong Asian influence. 

Glen Waverley is growing to be a major economic hub of the Melbourne metropolis. Many companies like Toshiba, NEC, and Ansell have their headquarters in this suburb.  Furthermore, 15.5% of the residents of Glen Waverley are of Chinese ancestry. People with Indian, Malaysian, and Sri Lankan ancestry are also many in this suburb. 

Suburbs surrounding Glen Waverley include: 

• Vermont South
• Burwood East
• Notting Hill
• Blackburn
• Forest Hills
• Mulgrave
• Wheelers Hill

The Asian vibe of Glen Waverley can be noticed from a mile away. However, there is more than meets the eye in this suburb. There are loads of restaurants, cinema complexes and recreational facilities you can enjoy. There are also interesting places to visit and things to do in Glen Waverley. Some of these include:

Monash Aquatic and Recreation Centre 

There are a wide range of recreational facilities at this centre. Aquatic facilities like the indoor pool, outdoor pool, exercise pool, and play pools for kids are available for use. State-of-the-art fitness equipment present in this centre makes it suitable for your fitness routine. You can fully enjoy your summer at Monash Aquatic and Recreation Centre. 

Waverley Antique Bazaar 

The more than 250 stalls at this bazaar offer you something new every day. You can walk around and see the thousands of antique items on sale. If you wish to buy, the prices here are reasonable. There’s every possibility that you’ll spend more time than you planned to at this bazaar. 

Bushy Park Wetlands 

If you want to wander in a beautiful place rich in oxygen, this park will suffice. It is clean and well maintained. You can watch various species of birds at the bird hide. This is a calm and quiet place to escape the hustle and bustle of the city. 

Other exciting places in Glen Waverley include: 

• Scotchmans Creek Trail
• Dandenong Creek Trail
• Central Reserve
• Rainbow Town Play Centre
• Napier Park