VIC Registered Law Firm, LEAD Conveyancing

Section 32 + Lawyer included in fixed fee.
Get a FREE quote prepared by Trinh Thai LLB

Lead Legal Services Pty Ltd (ABN 86 640 514 558)
Proud to be a registered conveyancing law firm.

Mount Waverley is a suburb of Melbourne in the state of Victoria. It is situated in the City of Monash local government area. This suburb is 16 km from Melbourne and has a total land area of 15.9 km². Mount Waverley has a total of 42 parks that cover an estimated 7.6% of the total land area. 

You’ll easily find large houses on expansive blocks in Mount Waverley. However, there are also contemporary townhouses and units sprouting here and there. While there are period homes that require an internal facelift, some new developments are taking shape in the region.

In terms of population, Mount Waverley is witnessing a positive growth. In 2011, the population of this suburb was 32,077. According to the 2016 census of population and housing, the population had increased by 4.8% to 33,611. The real estate market of Mount Waverley is generally viable. The continuous population growth positively affects the growth of the real estate market. 

From data, the age group of 40 – 49 years makes up most of the population in Mount Waverley. The majority of the working-class residents of this suburb work in a professional occupation. Households in Mount Waverley comprise mostly of couples with children. 

The median sale price of houses in Mount Waverley is currently $1,400,000. Units currently have theirs to be $1,000,000. These median sale prices changed in the last 12 months and are bound to change in the next 12 months. Rental units in Mount Waverley currently cost $500 per week. Houses, on the other hand, have a median rent of $495 per week. 

• The median price change for houses in Mount Waverley was 4.53% in the last 1 year
• Investors have seen a compound growth rate of 5.2% for units.
• The median gross yield for rental units is 2.5%

It is recommended to enlist conveyancing services when buying a residential property in Mount Waverley. Conveyancing is the transfer of the legal title of real estate property from one person to another. The sale of properties in this suburb of Melbourne is governed by laws and regulatory practices. A conveyancing lawyer will keep you abreast of all the laws applicable in this suburb. They will also inform you of any changes. 

Choosing the right professional is very important. A licensed conveyancer slightly differs 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. A conveyancing lawyer, on the other hand, is granted a practicing certificate by the legal services commission. 

A Mount Waverley 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. All these stages can be overwhelming for a novice buyer. The process itself tends to be a bit complicated and takes months to complete. It can take longer if handled by a novice buyer. A Mount Waverley conveyancing lawyer will assist and guide you through the process to make it is easier and faster. 

Trying to complete the settlement of real-estate property in Mount Waverley without conveyancing services is very risky. It can look like a good way to save a little money, but doing so places your asset at risk. Any mistake made during the process can be costly. A Mount Waverley conveyancing lawyer will prevent mistakes and assist in troubleshooting problems as they emerge. LEAD Conveyancing have the best lawyers that can professionally manage your conveyancing.

Mount Waverley is quite large. The rectangular shape of its land area is significant when viewed aerially. This suburb is bounded in the North by the Highbury road and in the south by Ferntree Gully Road. The Mount Waverley Village Shopping Centre is located right in the middle of this suburb. Blackburn Road bounds this suburb in the East while Huntingdale Road bounds it in the West. 

The heritage streets dating back to the 1930s are one of the many things Mount Waverley is famous for. These original streets include Park Lane, Virginia Street, and Sherwood Road. Interestingly, the surfaces of these streets are still the same as they were in the 1930s. Only little maintenance work has been done over the decades. Back in 1905, the first Post Office opened in Mount Waverley. 

The economy of Mount Waverley is boosted by the multitudes of electronics and I.T companies in the area. Mount Waverley can be said to be the hub of these types of industries in Melbourne. 

Suburbs surrounding Mount Waverley include: 

• Ashwood
• Chadstone
• Oakleigh East
• Burwood
• Clayton
• Glen Waverley
• Notting Hill

The suburb of Mount Waverley in Melbourne boasts spacious homes with massive gardens. Only a few other suburbs have a nice mixture of nature and city living like Mount Waverley. There is good access to roads and transportation. There are also many schools, malls and recreational facilities in this suburb. Interesting places to visit and things to do in Mount Waverley include:

Valley Reserve 

This spot has some original native vegetation. You’ll be closer to nature while picnicking at the Valley Reserve. The large and amazing Children’s play-scape will excite your kids. If you plan on bringing your dog along, it must be on a leash. This Reserve also sports nice walking tracks, BBQ facilities, and reading spots. 

Hawks Museum 

Fans of the Hawthorn Football Club will find this museum delightful. This museum gained accreditation with Museums Australia in the year 2013. The Hawks Museum generally tells the story of individuals that have made the Club the most successful club in decades. Enjoy a self-guided tour of the Museum using the Information Table at this museum. 

Damper Creek Reserve 

The abundant birdlife in this bush-land reserve makes it one of a kind. The Damper Creek Reserve is a perfect place to walk alone and enjoy some alone time. Luckily, the residents here are very friendly. 

Other interesting places to visit in Mount Waverley include: 

• Waverley Road Basin
• Regent Street Reserve
• MCC Glen Iris Valley Tennis Club
• Pinewood Reserve
• Fairway Reserve