CONSUMER AFFAIRS VICTORIA Single Residential Property Located In The Melbourne Metropolitan Area User Guide
- June 15, 2024
- CONSUMER AFFAIRS VICTORIA
Table of Contents
**CONSUMER AFFAIRS VICTORIA Single Residential Property Located In The Melbourne Metropolitan Area User Guide
**
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
81 Zorro Drive, Yarrawonga VIC 3730
Indicative selling price
For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable)
Single price: – $689,000- or range between-& -$
Median sale price
Median price: – $610,000-Property type -House- Suburb – Tarragon
Period – From: – 1 Nov 2022 -to — Source – Core logic
*Comparable property sales (Delete A or B below as applicable)**
**A*** These are the three properties sold within two kilometres of the property for sale in the last six months that the estate agent or agent’s representative considers to be most comparable to the property for sale.
| Address of comparable property | Price | Date of sale |
|---|---|---|
| 5 Parkin Crt , Yarrawonga VIC 3730 | $632,500 | 25-oct-23 |
| 12 Leah Drive Yarrawonga VIC 3730 | $630,000 | 31-MAR-23 |
| 18 Wonga Place Yarrawonga VIC 3730 | $629,000 | 22-DEC-22 |
OR
**B*** 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: 07/12/2023
References
- Consumer Affairs Victoria - Consumer Affairs Victoria
- Understanding property prices and underquoting for buyers - Consumer Affairs Victoria
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