VIC Registered Law Firm, LEAD Conveyancing

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

Northcote is situated in the inner part of Melbourne in the state of Victoria. It has a total land area of 6.3km² and is 6 km away from Melbourne's Central Business District. Northcote has 16 parks which cover 8.3% of the total land area. There is a mix of Old-era Edwardian houses and newer complexes in this suburb of Melbourne. In Northcote, you'll easily find independent young people sharing houses or settling into new apartments. The real estate market in this suburb is booming. 

Northcote had 22,919 people living in the area in 2011. By 2016, the population had become 24,561, reflecting a 7.2% increase. This population growth comes with an increased need for real estate properties. 

A majority of the residents of Northcote work in a professional occupation. In this suburb, the predominant age group is in the range of 30 – 39 years. In terms of households, a vast majority are couples living with their children. 

Prices for sale and rent of houses and units are not constant in Northcote. Currently, the median sale price of houses is $1,600,000. The mean price change for these houses in the last 12 months stands at 11.19%. For units, the median sale price is $680,000. Rental properties are showing a lot of promise. Rental units cost $420 per week, while rental houses cost $650 per week. 

• The median gross yield for units in this suburb is 3.2%
• Price change in the cost of units in the last 1 year is 8.80%
• Investors have seen a compound growth rate of 8.1% for houses in the last 5 years

It is essential to use conveyancing services when buying or selling houses or units in Northcote. Conveyancing is the legal process of transferring the legal titles of a real estate property from the old owner or entity to the new owner. It is a requirement in all jurisdictions of Melbourne for the contract of sales of properties to be in writing. Conveyancing lawyers assist in starting and finalizing the processes involved in the acquiring of a real estate property. 

Buying a house or unit in Northcote is not always as easy as it sounds. The processes involved can take months to complete. It will take longer and will be harder if you choose to exclude the services of a conveyancing lawyer. Novice buyers who have done this to save costs risked losing the house and their 10% deposit. 

A licensed conveyancer is a bit different from a conveyancing lawyer. Choosing the right one is very important. The state government grants a license to a licensed conveyancer. This license enables the conveyancer to provide services to residential property buyers and sellers. On the other hand, a conveyancing lawyer is granted a practicing certificate by the legal services commission. 

A conveyancing lawyer is more suited for your conveyancing needs. This is because a conveyancing lawyer can provide legal advice beyond what is needed for a standard contract of sale. In addition, this allows you to be protected all-round due to the broader scope of the conveyancing lawyer's work. 

A conveyancing lawyer will ensure that you are fully represented in dealings with the seller. The expertise of the lawyer will also be put to good use to minimize errors. If you are the seller of the real estate property, you also need a conveyancing lawyer. Your conveyancing lawyer will assist you in completing all legal documents without a hitch. LEAD Conveyancing Services have the most experienced professionals to meet your needs.

The area currently known as Northcote was once inhabited by the Wurundjeri people. During the 1880s, land in the Northcote suburb was relatively cheap. These low prices attracted a lot of property investors and other people who were of limited financial means. This influx gave Northcote the reputation of being a working-class suburb. With time, more businesses sprouted along High Street. 

The Northcote picture theatre is one of the oldest surviving picture theatres in Victoria. This building was constructed in the year 1912. Five railway stations service the Northcote suburb. Cable trams and bus services make up part of the transport system in this suburb. 

The influx of more affluent residents and businesses has changed the classification of Northcote. This suburb was once known to be a low socio-economic area. However, the increase in the number of two-earner households and many other factors have contributed to its immense development. 

Suburbs surrounding the Northcote suburb include: 

• Fairfield
• Thornbury
• Clifton Hill
• Fitzroy North
• Brunswick East
• Carlton North

There is a lovely mix of people with an egalitarian view in Northcote. This suburb has a rather relaxing and artsy vibe. Over the years, Northcote has grown to be multicultural and favorable to people of all age groups. There is never a boring time in this inner suburb of Melbourne. There are so many interesting activities to engage in and numerous places of attraction in Northcote. Some of them include: 

All nations park 

You can have a great picnic with friends and family at this serene park. You do not have to come with any food or drinks. There are shops nearby that sell everything you'll need. This park is the perfect place for a walk with your pet. Luckily, there are dog unleash areas. A gymnasium, skateboard area, and netball are also available for use at the All Nations Park 

The Laneway Theatre 

Enjoy a night of magic at the Laneway Theatre. This is basically the only purpose-built Close-Up-Magic venue in Australia. As a result, 32 people can comfortably sit and get entertained by the baffling tricks up for show. Interestingly, the magic shows are connected with intervals of comedy. 

Oldis Gardens

If you have less than one hour to spend, you can visit the Oldis Gardens. This is a great place to get connected with nature. The beautiful and historic gate provides entry to much more than you can think of. If you have kids, they can come along and play on the swings.

Other interesting places to visit in Northcote include: 

• Merri Park
• Northcote Shopping Plaza
• Johnson Reserve
• Palace Westgarth
• Northcote Social Club
• Peacock Inn Hotel