Statement of Information

Internet advertising for single residential property located within or outside 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 an internet advertisement.

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 included with any advertisement for the sale of a single residential property published by or on behalf of an estate agent or agent’s representative on any Internet site during the period that the residential property is offered for sale.

The indicative selling price 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.

If the property for sale is in the Melbourne metropolitan area, a comparable property must be within two kilometres and have sold within the last six months. If the property for sale is outside the Melbourne metropolitan area, a comparable property must be within five kilometres and have sold within the last 18 months. 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.

It is recommended that the address of the property being offered for sale be checked at services.land.vic.gov.au/landchannel/content/addressSearch.                                        ALLAN

 

Address of property:

 5 South Gateway, Mallacoota

Indicative selling price

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

(*Delete single price or range as applicable)

  Single price

$299,000

or range between

$*

&

$

Median sale price

(*Delete house or unit as applicable)

Median price

$

*House

 

land

 

Suburb
or locality

 

 

Period - From

  Jan 2019

to

 

Source

  Real Estate .com

Comparable property sales (*Delete A or B below as applicable)

A*               These are the three properties sold within two kilometres/five kilometres* of the property for sale in the last six           months/18 months* that the estate agent or agent’s representative considers to be most comparable to the   property for sale. (*Delete as applicable)

Address of comparable property

Price

Date of sale

1 38 Brady Street

$ 210,000

6.3.2019

2 9 Banksia Parade

$105,000

14.12.2019

3 25 Lakeside Drive

$ 310,000

21/8/2018

Nothing of this size to compare for Median or sold.

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*.
SOI prepared 09.2019