Statement of Information - Single residential property located in the metropolitan area

Estate agents, underquoting

Consumer Affairs Victoria

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Statement of Information
Single residential property located in the Melbourne metropolitan area
Section 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 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 39 Beckview Crescent, Sunbury Vic 3429
postcode

Indicative selling price
For the meaning of this price see consumer.vic.gov.au/underquoting (*Delete single price or range as applicable)

Single price $*

or range between $679,000

&

$699,000

Median sale price
Median price $540,000

Property type Other

Suburb Sunbury

Period - From 01 Jun 2019 to 31 May2020 Source Corelogic

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 32 Beckview Crescent, Sunbury Vic 3429

Price $740,000

Date of sale 31-Jan-20

53 Retreat Crescent, Sunbury Vic 3429

$735,000

26-Feb-20

21 Bannon Avenue, Sunbury Vic 3429

$590,000

16-Apr-20

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: 23 June 2020

consumer.vic.gov.au