VIC Registered Law Firm, LEAD Conveyancing

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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
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Yarraville is a suburb of Melbourne in Victoria. This affluent inner-western suburb is 6 km from the Melbourne central business district. It is situated in the county of Maribyrnong local government area and covers a 5.6 km² land area. Yarraville has 6 parks that cover 7.6% of the total land area. The real estate market has been affected by the arrival of wealthier people into this urban district. Nice and large Edwardian houses with modern renovation are easy to find in Yarraville. For an independent lifestyle, you can find compact townhouses and apartment complexes. 

The population of Yarraville was 13,747 in the year 2011. By 2016, it had grown by 8.9% to 14,965 and was estimated to be 17,002 in 2020. This increase in population has led to higher demand in both rental and acquisition of real estate properties. Generally, the real estate market of Yarraville is gaining momentum. 

The median age of the residents of Yarraville is 36 years. Children aged 14 years and lower make up 18.9% of the population, while older people aged 65 years and above amount to 10.7% of the population. The average household in this suburb are couples with children. A majority of working-class residents of Yarraville work in a professional occupation. 

Houses in Yarraville have a median sale price of $1,100,000. Units cost a little lesser with a median price of $700,000. Rental units have a median rent of $448 per week, while rental houses cost $530 per week. 

• The median price change for houses and units in the last 12 months is 9% and 7.98%, respectively
• Rental units have a median gross yield of 3.3%
• Rental houses have a gross median yield of 2.5% 

There are several affordable real estate properties in Yarraville. Acquiring the ownership of one within your budget is of utmost importance. You need conveyancing services when buying or selling a real estate property in this suburb of Melbourne. Conveyancing is the legal process of transferring the ownership of a real estate property from the old owner to the new owner. Some processes need to be followed when acquiring ownership of properties in Yarraville. A conveyancing lawyer will help you navigate these processes effortlessly and without error. 

There are three important phases in conveyancing. These include the pre-contract phase, the pre-completion, and the post-completion phases. To complete these phases might seem like easy work, but it is not. Navigating these phases can be very tiring for an inexperienced buyer. A conveyancing lawyer will guide you through the process. Their expertise and experience will come in handy to carry out the procedures without a hitch. The amount of time to complete them will also be reduced significantly. 

Choosing the best conveyancing lawyer is very important. There is a difference between a licensed conveyancer and a conveyancing lawyer. Generally, a conveyancing lawyer is more suitable for your conveyancing needs. This is because a conveyancing lawyer has the training to provide legal advice beyond the contract of sale terms. The scope of the conveyancing lawyer is also broader. Enlisting the services of a Yarraville conveyancing lawyer minimizes errors and can quicken the process. 

If you’re the buyer, your conveyancing lawyer will help you with lodging legal documents. Your lawyer will also represent you in any dealings with the seller or their agent. As a seller of residential property in Yarraville, you also require the services of a conveyancing lawyer. LEAD Conveyancing have the best professionals that can assist you for a reasonable fee.

Yarraville got its name from the Yarra River. The land in which this suburb lies is basaltic and contains a lot of bluestones. This bluestone was extracted for use in the ballast of boats that ply the Yarra River. The railway line from Footscray to Williamstown opened in the year 1859. This prompted a huge sale of land in this estate which the promoters called Yarraville. By 1870, the first Post Office was opened. A few years later, Yarraville began to develop into a hub for numerous factories. This was mainly because of the ease of movement of goods via the Yarra River. 

By 2020, Yarraville had become known as the best suburb in Australia and among the five best in the world. This suburb is quickly becoming a suburb for the affluent. Its unique characteristics, architecture, and quality of life are above par. Many award-winning restaurants and cafés can be found in Yarraville. This suburb also reflects the multicultural nature of the city of Melbourne. 

Suburbs surrounding Yarraville include: 

• Seddon
• Kingsville
• Spotswood
• Footscray
• Newport
• Port Melbourne
• Brooklyn

Yarraville is close to the city of Melbourne but is very distinct. Its cozy, village lifestyle gives it a family-friendly atmosphere. Living an independent lifestyle is also very possible and exciting in this suburb. Unique and interesting places to visit exist in Yarraville. Places with a lot of interesting things to do in this suburb include: 

Sun Theatre Yarraville 

This theatre offers one of the best cinematic experiences in Yarraville. From the fabulous Art Deco style to the comfortable seating, there’s nothing to hate about the Sun Theatre. Most importantly, the screens are huge, and the staff is friendly. 

Yarraville Gardens 

This is one of the best parks you can visit in Yarraville. It is well maintained and has a safe playing environment for kids. You can practically let your dog scurry about off-lead at this park. The abundance of space at this park creates ample opportunity for a picnic.  BBQ facilities are available here too. 

Stony Creek Reserve and Park 

Perhaps you need a calm and serene environment to do some reflection. This reserve and park offer that on a platter. It is situated under the iconic West Gate Bridge. The creek flows all year round and has some nice mangroves. Taking a walk down the walking trails is a sure way to expose yourself to nature. 

Other interesting places that are worth visiting in Yarraville include: 

• Dinosaur Park
• Hyde Street Reserve
• Fels Reserve
• Barkley Johnson Deli & Wine
• The Sun Bookshop