CONSUMER ADDAIRS VICTORIA Single Residential Property Located In The Melbourne Metropolitan Area Instruction Manual

June 13, 2024
CONSUMER ADDAIRS VICTORIA

CONSUMER ADDAIRS VICTORIA Single Residential Property Located In The

Melbourne Metropolitan Area

Product Information

The product is a single residential property located in the Melbourne metropolitan area. It is a house with the address 8 ARTHUR CLOSE, TRUGANINA, VIC 3029. The property is offered for sale with an indicative selling price range of $640,000 to $680,000. The
median sale price for similar properties in the area is $650,000.

This information is provided in accordance with Sections 47AF of the Estate Agents Act. The period covered by this information is from 01 July 2022 to 30 June 2023. The source of this information is the suburb TRUGANINA.

The estate agent or agent’s representative believes that fewer than three comparable properties were sold within two kilometers of the property for sale in the last six months. However, two comparable properties are mentioned for reference:

  • Address of comparable property: 28 DOYLE CRT, TRUGANINA, VIC 3029

  • Price: $750,000

  • Date of sale: 13/07/2023

  • Address of comparable property: 3 EDUCATION CCT, TRUGANINA, VIC 3029

  • Price: $720,000

  • Date of sale: 29/06/2023

This Statement of Information was prepared on: 06/09/2023. For more information, you can visit consumer.vic.gov.au.

Product Usage Instructions

To use this product, please follow the instructions below:

  1. Review the indicative selling price range provided for the property ($640,000 to $680,000).
  2. If interested, gather more information about the property’s features, location, and condition.
  3. Consider the median sale price of similar properties in the area ($650,000) to assess the market value.
  4. Take note of the period covered by the information (01 July 2022 to 30 June 2023) to understand the timeframe.
  5. Verify the source of the information (TRUGANINA) to ensure its reliability.
  6. Assess the provided comparable property sales information to evaluate the property’s pricing in relation to others in the area.
  7. Visit consumer.vic.gov.au for additional resources and guidance on property sales.

Please note that this product is for informational purposes and does not constitute a formal offer or guarantee of the property’s availability or condition. It is recommended to consult with a qualified real estate agent or professional for further assistance
and advice.

Statement of Information

Single residential property located in the Melbourne metropolitan area

Sections 47AF of the Estate Agents Act

Instructions: The instructions in this box do not form part of this Statement of Information and are not required to be included in the completed Statement of Information for the property being offered for sale. The Director of Consumer Affairs Victoria has approved this form of the Statement of Information for section 47AF of the Estate Agents Act 1980. The estate agent or agent’s representative engaged to sell the property is required to prepare this Statement of Information. It must be used when a single residential property located in the Melbourne metropolitan area is being offered for sale. The Determination setting out the local government areas that comprise the Melbourne metropolitan area is published on the Consumer Affairs Victoria website at consumer.vic.gov.au/underquoting. The indicative selling price in this Statement of Information may be expressed as a single price, or as a price range with the difference between the upper and lower amounts not more than 10% of the lower amount. This Statement of Information must be provided to a prospective buyer within two business days of a request and displayed at any open for inspection for the property for sale. It is recommended that the address of the property being offered for sale be checked at services.land.vic.gov.au/landchannel/content/addressSearch before being entered in this Statement of Information.

Property offered for sale

Address Including suburb and postcode:
8 ARTHUR CLOSE, TRUGANINA, VIC 3029

Indicative selling price
For the meaning of this price see consumer.vic.gov.au/underquoting

Price Range: $640,000 to $680,000

Median sale price

Comparable property sales

The estate agent or agent’s representative reasonably believes that fewer than three comparable properties were sold within two kilometres of the property for sale in the last six months.

This Statement of Information was prepared on: 06/09/2023

consumer.vic.gov.au/

References

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