VIC Registered Law Firm, LEAD Conveyancing

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Lilydale is an outer suburb of Melbourne in the state of Victoria. It is located about 34km away from Melbourne’s central business district. Lilydale has a total land area of 15 km². This town has a total of 26 parks that covers about 5.5% of the total land area. A majority of the historic buildings can be found in the centre of the town. Residential properties are mainly Victorian period homes and new estates. 

According to the 2011 Census of Population and Housing, the population of Lilydale was 15,649. By the year 2016, the population had increased to 16,541, reflecting a 5.7% increase. This gradual rise in population came with a predicted need for rental properties. This, in turn, spurred the growth of the real estate market in Lilydale. 

A high percentage of the residents of this town are traders. Comprehensive data shows that the dominating age group in Lilydale is 40 – 49 years. The vast majority of households in this town in the Shire of Yarra Ranges are couples with children. 

In Lilydale, the median sale price for houses in the last 12 months stands at $820,000. For units in this suburb, the median sale price in the last 1 year is $548,000. The real estate market in this town is growing, so these prices are bound to change over time. However, investing in rental properties in this suburb is promising. The median rent price for houses has been $430 per week in the last 12 months. For units, the median rent price is currently $380 per week. 

• The median gross yield for rental units is 3.6%
• The median gross yield for rental houses in Lilydale is 2.7%
• Price change over a period of 1 year for houses is 13.8% and 7.36% for units

Conveyancing is basically the transfer of the legal title of real estate properties from the seller to the new buyer. The processes involved in acquiring real-estate property in Lilydale can be very tasking and demanding for the buyer. A lot of paperwork is always involved in the exchange of contracts. This exchange of contracts always involves the signing of two copies of a contract of sale by both parties. A conveyancing lawyer can relieve you of this arduous work. 

It is a fact that the sales of properties in Lilydale is governed by law. An experienced conveyancer will keep you updated with the current laws and any subsequent changes. In addition, your conveyancing lawyer will meet regularly with the lawyer of the other party to ensure a smooth transaction. As a buyer, doing all these by yourself is possible. The shortfall of this is that you might make costly errors. 

It is always advisable to choose the best conveyancing services. A good conveyancing lawyer will assist the buyer in researching the property and check for easements. A conveyancing lawyer will also put the deposit money in a trust account and calculate the adjustment of rates and taxes. If you are the seller, a conveyancing lawyer will assist you in completing legal documents. You will also be represented in any dealings with the buyer. 

Enlisting the services of a conveyancing lawyer will be in your best interest. Your conveyancer will use experience to avert mistakes and troubleshoot problems as they come up. The best conveyancing services will oversee the settlement process on your behalf. This will be done while protecting your best interest. LEAD Conveyancing Services have the right professionals to assist you.

Lilydale started as a town in the Shire of Lillydale. This Shire of Lillydale was a local government situated about 40km away from Melbourne. The town of Lilydale serves as a residential area for people living in metropolitan Melbourne. Lilydale is also an industrial area on the rural-urban fringe. This suburb was named after an early settler named Lilly de Castella, who was one of four daughters of Lieutenant-Colonel Joseph Anderson. 

The current Lilydale sits on the Woiwurrung territory. This territory is traditionally part of the Kulin Nation. Lilydale was surveyed in the year 1860, and the first post office opened that same year. The Lilydale Hotel was opened in 1862, and a railway was accessible in the town when the station opened in 1882. Other modes of transport in this town include the segregated bicycle facilities, roads, and a number of airports. 

Lilydale is notable as the burial site of the Australian operatic soprano, Dame Nellie Melba (Lilydale Cemetery). Commercially, Lilydale has franchises of KFC and McDonald’s. There are also shopping centres like the Lilydale Village and Lilydale Marketplace. 

Suburbs surrounding Lilydale include 

• Chirnside Park
• Mooroolbark
• Coldstream
• Montrose
• Gruyere
• Wandin North
• Mount Evelyn
• Croydon

If you have plans to spend a weekend away from Melbourne, Lilydale is a great spot for you. There are several local attractions present in this town. You can be certain of visiting many interesting places and doing many of your favourite things. Some of the places you can visit include: 

Lilydale Lake

This captivating lake is open at all times, and entry is free. There’s a lot of space at this lake to enjoy a warm afternoon with your friends and family. If you come with kids, there’s a nice shower where they can play in the water. Also, having a brisk walk at this lake can help you sweat out and stay healthy.

Yarra Ranges Regional Museum 

This is a new and contemporary museum in Lilydale. It reflects some unique aspects of modern and historic life in this region. There are lovely collections of drawings to see. There is also Lynley Dodd’s exhibition where you can see the outline of her journey. Life-long learners will find this museum amazing. 

Yarra Valley Winery Tours 

This winery tour offers private tours for any group size. You’ll be enjoying the scenery while having nice tastings. You’ll have the best experience if you undergo the Yarra Valley Winery Tours on the weekday. The tour guide is amazing and very entertaining. This is a nice activity to engage in for a pleasant day. 

Other places worth visiting include: 

• Locavore Studio
• Gardiners Run
• Lilydale to Warburton Rail Trail
• Helen’s Hill Estate
• The Lilydale Athenaeum Theatre Company
• Hull Road Wetlands