VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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South Morang is in the state of Victoria. It is situated in the City of Whittlesea. South Morang is 21 km away from the Melbourne central business district and has a total land area of 5.9 km². South Morang has 167 parks that cover about 34.3% of the land area. This suburb once had the characteristics of a country area. However, with the development of new estates, it now has a suburban feel.

South Morang had a population of 20,873 in the year 2011. By 2016, the census of Population and Housing recorded 24,060 residents. This reflects a 15.2% increase in the period of 5 years. This increase in population spiked an urgent need for the acquisition and rental of real estate properties in this suburb. This, in turn, spurred positive growth in the real estate market. 

A large percentage of the residents of South Morang work in a professional occupation. The highest number of people currently living in this suburb are of the 30 – 39 years age bracket. Households in South Morang are primarily maturing couples with families. It is not rare to see elderly couples and families in this suburb as they make up about 13% of the populace. 

Houses in South Morang currently have a median sale price of $693,000. In the last 12 months, units have also been selling at a median sale price of $471,000. These median prices are bound to skyrocket as more development comes to this suburb. Rental properties are fairing nicely too. The median rent for units in the last 1 year is $370 per week. Houses currently rent out at $415 per week. 

• The median price change for houses in South Morang in the last 1 year is 8.67%
• Investors have seen a compound growth rate of 6.0% in the last 5 years
• The median gross yield for rental units is 4.1%

You need conveyancing when buying or selling real estate property in South Morang. This is partly because the sales of real estate properties in this suburb of Melbourne are governed by law. Conveyancing is the transfer of ownership of real estate property from one person to another. A professional conveyancing lawyer will keep you updated with the current real estate laws or any change in them.

Enlisting the right conveyancing service is essential. A conveyancing lawyer will assist the buyer in researching the property and its certificate of title. The conveyancer will also help to prepare and lodge legal documents like the contract of sale and memorandum of transfer. For the seller of the property, a conveyancer would represent you in all dealings with the buyer and help you to complete all legal documents.

There are processes involved in navigating the stages of South Morang conveyancing. These processes can be tasking for a novice buyer since both parties usually exchange contracts of sale. Each party is expected to sign the contract before the exchange. A competent conveyancing solicitor will professionally handle these processes. Your conveyancing lawyer will also oversee the settlement process on your behalf. 

The urge to complete the settlement of a real estate property in South Morang without a conveyancer can be strong. However, it is very risky. Any mistake made during the process can be costly. In addition, there is the risk of losing the property and your 10% deposit. Therefore, engaging the services of an expert conveyancing lawyer is always recommended. A conveyancing lawyer will forestall such mistakes and assist in troubleshooting problems as they emerge. LEAD Conveyancing have the right professionals to assist you.

South Morang was once inhabited by Wurundjeri Willam clans. This was before the Europeans settled in the area back in 1824. They wrote about the entire journey in their journals. The land in this suburb failed to sell for a while after Robert Hoddle surveyed it in 1834. It was opened for pastoral leases and farming due to its fertility. Today, the tides have turned, and there’s a high demand for real estate property in South Morang. 

The first post office opened in 1873. The railway line from Melbourne began a few years later and finished in 1889. According to the 2016 census, residents of South Morang with Australian ancestry made up 17% of the population. Those with English ancestry made up 16%, while people with Italian ancestry made up 12.8% of the population. It is also easy to find residents with Indian and Macedonian ancestry in South Morang. In terms of transportation, railway stations and numerous bus routes serve this suburb. 

Suburbs surrounding South Morang include: 

• Mill Park
• Yarrambat
• Plenty
• Epping
• Wollert
• Mernda
• Doreen
• Bundoora
• Lalor

Residents from many of the suburbs surrounding South Morang move into this suburb of Melbourne. This has significantly added to its ethnic diversity. There are many interesting places to visit in South Morang. While you’re here, there are a plethora of activities to engage in. Some of the nice places to go to include: 

Hawkstowe Picnic Area 

Come in close contact with kangaroos at this picnic area. You will also get to see different species of birds. This picnic area is also a nice place to have a walk. If you have a mountain bike, you can have some fun with it here. However, remember to keep your distance from big kangaroos. 

Morang Wetlands 

This wetland is a gem of a place. There are clearly defined biking tracks and dedicated walking tracks. If you want some peace, the Morang Wetlands offer you much of it. You might only be interrupted by the singing birds and noisy frogs. You also get to see wombats and kangaroos in the wild. 

Quarry Hills Bushland Park 

This bushland park has nice green hills. You can get a good view of the city and surrounding areas. You’ll enjoy walking at this park early in the morning when the sun isn’t ahead yet. The trails are well marked and bring you closer to loads of wildlife.

Other interesting places to visit in South Morang include: 

• Plenty Gorge Park
• Plenty Ranges Arts and Convention Centre
• Hendersons Creek Wetlands
• Middle Gorge Park
• Riverside Reserve