CONSUMER Single Residential Property Located Instructions
- June 24, 2024
- CONSUMER
Table of Contents
CONSUMER Single Residential Property Located
Specifications
- Address: 62 KADUNA DRIVE, OFFICER SOUTH, VIC 3809
- Indicative Selling Price: $730,000 to $750,000
- Median Sale Price: $780,000
- Property Type: House
- Period: 01 January 2024 to 31 March 2024
- Source: Suburb OFFICER SOUTH
- Comparable Property Sales:
- 29 LEESON ST, OFFICER SOUTH, VIC 3809 – Price: $725,000, Dateof Sale: 22/04/2024
- 6 VERVE DR, OFFICER, VIC 3809 – Price: $730,000, Date of Sale: 26/04/2024
- 24 VERVE DR, OFFICER, VIC 3809 – Price: $720,000, Date of Sale: 24/12/2023
- This Statement of Information was prepared on: 21/05/2024
Product Usage Instructions
Step 1: Understanding the Property Details
Review the address, indicative selling price, median sale price, property type, and comparable property sales to gain insights into the property.
Step 2: Exploring the Property Source
Learn more about the suburb OFFICER SOUTH and its features to understand the property’s location better.
Step 3: Analyzing Comparable Property Sales
Compare the prices and dates of sale of the three comparable properties listed to gauge the competitiveness of the property’sprice.
Step 4: Making an Informed Decision
Use the information provided to make an informed decision aboutthe property sale.
Frequently Asked Questions
- Q: What is the significance of the indicative selling price?
- A: The indicative selling price provides a range within which \the property is expected to be sold. It helps potential buyers in assessing affordability.
- Q: How can I verify the information provided in the Statement of Information?
- A: You can visit consumer.vic.gov.au for more details and to verify any underquoting concerns.
Statement of Information
Single residential property located in the Melbourne metropolitan area
Sections 47AF of the Estate Agents Act 1980
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 atservices.land.vic.gov.au/landchannel/content/addressSearch before being entered in this Statement of Information
Property offered for sale
Indicative selling price
For the meaning of this price see consumer.vic.gov.au/underquoting
Median sale price
Comparable property sales
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.
References
- Consumer Affairs Victoria - Consumer Affairs Victoria
- Understanding property prices and underquoting for buyers - Consumer Affairs Victoria