VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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Buying a home in Richmond, Victoria, appears to be a smart thing to do when you consider the positive results posted on the local property market over the last few years. Considering the quarterly capital gains of the area over the last five years, Richmond has done much better than the many other suburbs not only in Victoria but in the whole of Australia.

Over the last three years, the growth in home prices has been 2.1%, with the average price reaching $1.392,500. This upward trend does not seem like it will slow down anytime soon due to the influx of new residents to the area. As a result, those who can afford a mortgage for a house do so, while others go for rental properties in Richmond. Currently, the average weekly rent for a house is $650 a week, with a 2.43% increase in rental yields over the last 3 years.

In terms of the volume of houses sold in Richmond over the last year, data shows that an average of 264 homes exchange houses every year and, in some cases, could go even higher depending on market conditions. So if you are looking for one of the best areas to buy properties, Richmond is one of the best there is in Victoria. To put things into perspective, it currently sits at 629th on the list of suburbs with median property value.

Also, the average monthly mortgage paid by residents in the area is between $1800-$2399 a month for the most part. With a professional working population, Richmond remains an attractive investment designation for many people with a  growing population. Richmond

• Has a predominant age group of 20-29 years
• About 43.2% of properties in the area are occupied by their owners
• Many households in Richmond consist of childless couples

Richmond property conveyancing is an essential part of the property acquisition process that you should never joke with if you are planning to buy or sell a property in Richmond. The entire process requires a lot of paperwork that may appear strange or complex to someone who is not well versed when it comes to property documentation; however, it remains an essential piece of business. 

Conveyancing has to do with organising, coordinating, and arrangement of paperwork and processes that only a legal expert can handle. This is why buyers or sellers of properties in Richmond seek out the help of a conveyancer. A conveyancer can help you confirm and organise all the essential documents required to close the sale of a property. He can also help you make inquiries and effect changes to the contract of sale that will be accepted by the other party involved.

And more importantly, all the documents required for the process to scale through will be drawn out by him. At the end of the process, all the documents that will reflect the new owner's identity will be organised by him.

Property conveyancers in Richmond can help you navigate the entire legal process of selling or buying a property. Utilising their services is advisable since they protect you from making mistakes with your documentation or entering the wrong information that could create problems for you further down the line. 

If you are looking for the best property conveyancing service in Richmond, look no further than LEAD Conveyancing in Victoria for all your property documentation requirements.

Richmond is a suburb in the hinterland of Melbourne, Victoria, just east of the capital. The city is situated in the local government of Yarra municipality, with a population of 26,121 and counting. Originally called Woiwurrung before it was changed to Quo-Yung by AW. Howitt, (meaning dead trees), it has become a melting pot of diverse cultures. Richmond is one of the 82 towns and cities designated for the Melbourne 2030 Metropolitan development strategy areas, which best explains its phenomenal growth.

Located in the commercial strips of Swan Street and Bridge Road, this suburb is one of the most advanced cities in Melbourne. Richmond's gentrification began in the early 1990s with a growth in the number of commercial and residential buildings. As time went on, the number of public housing in the area increased, further boosting the local population. 

Richmond also has a rich mix of rich and middle-class residents, judging by the number of high-class residential houses and public authority houses in the area. Close to the city is Bridge Road, which is an area of attraction for visitors and also home to several retail businesses. Another popular area in Richmond is Little Saigon on Victoria street, known for illicit drug trades, among other social vices. This part of Richmond is a cultural melting pot with people from different cultures and nationalities living side by side.

Close communities include

• Keep
• Burnley
• Cremorne
• Hawthorn
• East Melbourne
• Abbotsford

Richmond has more than a few historical landmarks and hotspots you will enjoy visiting. Here are some of them.

Melbourne Cricket Ground

Australia is a Cricket mad country with so many cricket grounds. One of the most popular of them all is the Melbourne Cricket ground which is not too far from Richmond. This location is a great place to visit, especially on match days. However, even when there are no games, you can still take a guided tour of the area from the pitch to the changing rooms and fan stands. You can also grab a quick bite along the way.

Hot Air Balloon

If you want to experience Richmond and Melbourne from above, try a hot air balloon tour. This exhilarating experience is one of the most favorite things for tourists visiting Melbourne for the first time. From a hot air balloon, you can view the whole of Melbourne breaking forth under. Since 1992 when the balloon tour began, more than 100,000 people have travelled in one over Melbourne, and it has been an amazing experience for many. 

Enjoy Craft Beer

Are you a beer lover? If you are, you will enjoy Mountain Goat craft beers. This award-winning beer is a widely consumed beer in Melbourne and is available at pubs all over Richmond. You can visit one of the numerous pubs in the area with your friends. If you have no friends with you, worry not as you will surely make new ones over a glass of ale.