CONSUMER AFFAIRSVICTORIA 3976 Statement of Information User Guide

CONSUMER AFFAIRSVICTORIA 3976 Statement of Information

Product Information

Specifications:

• Location: 81 The Parkway, Hampton Park, VIC 3976
• Property Type: Single residential
• Price Range: $680,000 to $730,000
• Median Sale Price: $645,000
• Sales Period: 01 January 2023 to 31 December 2023
• Source: House Suburb HAMPTON PARK
• Comparable Properties:
  • 38 Highmount Dr, Hampton Park, VIC 3976 – Price: $720,000, Date of Sale: 01/11/2023
  • 16 Kate Ave, Hampton Park, VIC 3976 – Price: $690,000, Date of Sale: 06/11/2023
  • 61 Ormond Rd, Hampton Park, VIC 3976 – Price: $638,000, Date of Sale: 04/01/2024

Product Usage Instructions

• Step 1: Understanding the Property Information
  Review the property specifications including the location, price range, median sale price, and comparable properties.

• Step 2: Exploring the Property
  Visit the property at 81 The Parkway, Hampton Park, VIC 3976 to get a firsthand look at the house and its surroundings.

• Step 3: Price Consideration
  Consider the indicative selling price and median sale price to determine if it fits your budget and meets your requirements.

• Step 4: Comparative Analysis
  Analyze the comparable properties to understand the market value and make an informed decision.

• Step 5: Finalizing the Purchase
  Contact the estate agent or agent’s representative for further details and proceed with the purchase if satisfied.

Frequently Asked Questions (FAQ)

• Q: Can I negotiate the selling price?
  A: Yes, you can negotiate the selling price within the indicated price range based on your assessment and discussions with the seller or agent.

• Q: How do I schedule a property viewing?
  A: Contact the provided phone number or the estate agent to schedule a convenient time for viewing the property at 81 The Parkway, Hampton Park, VIC

• Q: Is the property available for rent?
  A: The property is currently offered for sale. For rental inquiries, you may need to check with the estate agent for alternative options.

STATEMENT OF INFORMATION
81 THE PARKWAY, HAMPTON PARK, VIC 3976 PREPARED BY LEONARD WIDJAJA, AREA SPECIALIST, PHONE: 0430355225

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

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 kilometers 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.

This Statement of Information was prepared on: 21/02/2024
consumer.vic.gov.au/

References

• Consumer Affairs Victoria - Consumer Affairs Victoria
• Understanding property prices and underquoting for buyers - Consumer Affairs Victoria

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