VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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Niddrie is a suburb of Melbourne in the state of Victoria. It is located in the City of Moonee Valley local government area. Niddrie is 11km away from the Melbourne central business district and has a total land area of 2.2 km². There are 2 parks in this suburb that cover an estimated 1.6% of the total land area. 

This small suburb has a blend of couples, families, and retirees. The predominant housing style in this suburb is that of the 1950s and ’60s brick veneer or weatherboard. Modern-day houses can be found in pockets in Niddrie. Lately, multi-unit developments and new family homes are displacing many original homes. 

The population of Niddrie as of 2011 was 4,876. According to the 2016 census, the population had increased to 5,479, reflecting a 12.4% increase. The real estate market showed positive growth following this increase in population. This is majorly due to the high demand for rental and acquisition of residential apartments. The predominant age group in Niddrie is 30 – 39 years of age. A large percentage of the residents of this suburb work full-time in a professional occupation. Households in Niddrie are mostly couples with children. 

The median sale price of houses in Niddrie is $1,200,000. Units have a lesser median sale price of $764,000. These median sale prices are not constant and tend to change annually. Rental units have a median rent of $470 per week, while houses rent out at a median price of $460 per week. 

• The median gross yield of rental units over the last 12 months is 3.2%
• Houses in Niddrie had a compound growth rate of 6.5% in the last 5 years
• The median price change for units and houses in Niddrie in the last 12 months was 15.99% and 9.92%, respectively

Engaging the services of a conveyancing lawyer when buying or selling real estate properties in Niddrie is important. Conveyancing is the legal process of transferring the ownership of a real estate property from the former owner to the new owner. While the processes involved tend to be complicated, a conveyancing lawyer makes it easier. To complete the process can take several months and can be very tasking for novice buyers or sellers.

There might be an urge to complete the settlement of real estate property in this suburb of Melbourne without a conveyancer lawyer. Doing this comes with a plethora of risks. Any mistake made during the process can cost you the property and your 10% deposit.  A Niddrie conveyancing lawyer will prevent mistakes and assist in troubleshooting problems as they emerge. 

Choosing the right professional to assist you is very necessary. Conveyancing lawyers offer you valuable advice regarding the terms of the contract. They will also assist in addressing some of the terminologies that may be hard to understand. There are three major phases of conveyancing. These include the pre-contract, pre-completion, and post-completion phases. Your Niddrie conveyancing lawyer will guide you through the phases without errors. 

As a seller of real estate property in Niddrie, it is important to make the contract of sale appealing to the buyer. An expert conveyancing lawyer knows exactly what to add and what to subtract from the contract of sale. An experienced conveyancing lawyer will draft terms that protect your interest and phrase it in a way that is appealing. This will make it likely for the buyer to accept your offer. LEAD Conveyancing offer the best. 

Niddrie was once inhabited by the Wurundjeri clan of the Kulin nation. Thomas Napier, the Scottish settler, bought the land covering Niddrie and Airport West between 1843 and 1851. Niddrie was officially registered as a suburb in the year 1994. The process leading to this was initiated by the Keilor Council in the year 1955. One of the landmarks of Niddrie, the Niddrie Quarry, was established in the 1940s. Operations continued at this quarry till 1975. By the year 2000, the site was purchased and used for the development of new housing estates. 

Keilor Road hosts the main shopping centre in this suburb. It consists of numerous restaurants and cafes that serve the surrounding suburbs. The major industries that have their roots in Niddrie include property and business services and retail trade. Manufacturing industries and construction industries are also present in this suburb. 

Suburbs surrounding Niddrie include: 

• Airport West
• Keilor East
• Essendon North
• Aberfeldie
• Ascot Vale
• Flemington

Niddrie has the characteristics of a middle-class suburb. It is a family-friendly suburb with a tremendous community feel. Most of the residents are highly educated. Most families have one or more members who have completed university education, making it a highly educated population. Above all, there are interesting places to while away time and things to do in Niddrie. Some of them include: 

Niddrie Central Shopping Centre 

In terms of choices, quality, price, and accessibility, this shopping centre rates highly. You’ll get the freshest meat in Niddrie at this shopping centre. The seafood shop is also well-stocked. It’s easy to get just about everything you need for day-to-day living at the Niddrie Central Shopping Centre. 

Spring Gully Reserve 

This park is a great off-leash park for your pup. They can run around as much as they want as long as they stay off the playground. The playground at this park is outstanding. Your little kids will have the time of their lives here. Cyclists who follow the Steele Creek Trail find this park very suitable.

Jetflight Simulator Melbourne 

If you are eager to fly an F-16 Fighting Falcon or a 737-800 airplane, this venue should be at the top of your list. The trainers and staff are experienced, knowledgeable and friendly. The size of the screen and the authenticity of the cockpit is jaw-dropping. You’ll are sure to have a wonderful experience at the Jetflight Simulator Melbourne. 

Other interesting places worth visiting near Niddrie include: 

• Moonee Ponds Antiques 
• Maribyrnong River 
• Brimbank Park 
• Moonee Valley Racing Club