Top Stories in Australian Home Ownership August 27, 2016

Today's trending stories in Australian home ownership and Home Loans. Out of town: Manderley has finally been restored to its original glory The Bowral landmark home Manderley has finally been restored to its original glory and its status in the local $5 million-plus books thanks to its sale this week. The two-hectare property was a no-expense-spared project for builder Roy Alvaro in 1991, who then sold it in 2006 for $5 million to motivational speaker and author Paul Hanna. It was left to fall into disrepair during Hannas ownership and eventually so... Federation home in Burwood has a pedi...
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Top Stories in Australian Home Ownership August 26, 2016

Today's trending stories in Australian home ownership and Home Loans. ANZ’s ex-chief Phil Chronican buys $7.7 million Sydney digs ANZs former chief Phil Chronican is settling into his semi-retired life by moving to Sydney, where he has bought the Georgian-style residence of property investor Denis Ellerker in Kurraba Point for $7.7 million.... Citi research casts doubt on big four banks' rates justification Mr Williams said that, with the debate not going the banks' way, they should recognise that they had relied too heavily on mortgage repricing in recent... McDonald’s chief flips Tur...
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Top Stories in Australian Home Ownership August 25, 2016

Today's trending stories in Australian home ownership and Home Loans. Melbourne prestige buyers stepping out with cash to splash at public auctions Prestige buyers tend to be discreet,but upcoming $5 million-plus public auctions will call for big money to be splashed onthe street. A low volume of listings this year, with buyers starved of options,has tempted upmarket vendorsto put their mansions to competitive bidding. Public auctions in the most expensive strata of the market are still rare, but thescarcity of top notch homes isencouragingownersto roll the dice. No. <a... WA’s Telethon h...
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Top Stories in Australian Home Ownership August 24, 2016

Today's trending stories in Australian home ownership and Home Loans. Heidelberg: Melbourne suburb of contrasts has something for everyone Its tricky to work out what to wear on a trip to Heidelberg. Do you go the Melbourne black for a visit to Heide Museum of Modern Art and Shannon Bennetts Cafe Vue? (Actually its over the Yarra River in neighbouring Bulleen, but it gets in here thanks to its name.)... More than two thirds of Australian parents worry their children won’t buy a house, survey finds Most Australianparents fearfor their childrens capacity to buy a property in the futureabove th...
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Top Stories in Australian Home Ownership August 23, 2016

Today's trending stories in Australian home ownership and Home Loans. Tightly-held pocket of Eaglemont where locals live a decade longer than average House of the Week: Eaglemont Destined from the get-go to be a top peoples suburb, Eaglemont remains tightly held after 100 years. And buyers intent on bulldozing and rebuilding can pay $2 million plus to get a site foothold. With the sub-neighbourhoods laid out in 1914 by one of the best urban designers ever to work in Australia, the top addresse... Developers asked to help expose dodgy operators Good developers are being challenged to distance...
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Top Stories in Australian Home Ownership August 22, 2016

Today's trending stories in Australian home ownership and Home Loans. Low interest rates send homebuyers to the coast In NSW, house prices at the south coast town of Kiama have surged 15.5 per cent in the past year, while residential units are selling for 13.6 per cent... Two ways to unlock the wealth in your property A reverse mortgage allows you to borrow up to 25 per cent of the value of your property, with interest on the borrowed amount capitalised into the loan. Record-breaking Sydney auction market steaming into spring Sydneys booming late-winter home auction market is steaming into ...
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Top Stories in Australian Home Ownership August 20, 2016

Today's trending stories in Australian home ownership and Home Loans. The Block 2016: meet the new contestants Theyre fresh-faced, excited and raring to go. For now. Ten regular Australians among them a policeman, a property stylist and a couple of teachers are about to become household names as they take part in Channel NinesThe Block:the renovation challenge known for testing relationships to the nth degree. Of course, <a href="http://www.domain.com.au/news/the-block-winners-darren-and-deanne-jolly-pocket-almost-1-million-at-... Moody's negative on banks' outlook due to m...
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Top Stories in Australian Home Ownership August 19, 2016

Today's trending stories in Australian home ownership and Home Loans. Our house prices modest &ndash; agent MILDURA house prices are increasing but not booming, according to a local real estate agent. Domain Group data released last week found house... Want an Avoca Beach penthouse upstairs from Alan Jones? Set on the cliff top overlooking Avoca Beach is a boutique block of six luxury apartments that make up The Lighthouse. Completed in 2003, the building boasts a whos who of owners, including Macquarie Banks managing director Mary Reemst, barrister Gregory George, and Device Technologie...
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Top Stories in Australian Home Ownership August 18, 2016

Today's trending stories in Australian home ownership and Home Loans. Meditation puts Marshall Condon in tune with the market Then six out seven days of the week, he hits the gym as part of a regimen he believes stands him in good stead to head his new mortgage broking... Boinga Bob’s treehouse home inspired by ‘the magic of life’ Tourists come from miles around to gaze at Robert Prudhoes three-storey treehouse. The self-built and highly unusual home just outside Warburton, Victoria, is carved from timber and painted in every colour of the rainbow. Inspired by Tibetan temples and cultures fr...
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Top Stories in Australian Home Ownership August 17, 2016

Today's trending stories in Australian home ownership and Home Loans. Exclusive: CoreLogic responds to the RBA on house prices The latest housing finance data releases from the ABS also indicates some increasing mortgage demand with the value of lending increasing by 1.8%... Altona: a relatively isolated pocket of Melbourne you don’t need to leave Sarah Langhorne is probably gazing out of Altona Homestead in complete bemusement. Instead of standing at the bay windows, pining for her hometown of Adelaide, as history tells us she once did, shes now probably watching hordes of Pokemon hunters, ...
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Top Stories in Australian Home Ownership August 16, 2016

Today's trending stories in Australian home ownership and Home Loans. Tenants, landlords, property managers face off in Game of Thrones or ‘Game of Homes’ Viewers have been gluedto the bloody twists and turns of the Starks, Lannisters and Targaryens in their ongoing battle for supremacy in Game of Thrones. Much of the intrigue, treachery and downright cruelty has revolved around the age-old belief that every persons home is their castle and everybody elses is theirs, too. Closer to home, there is another kind of relationship that is held together by a similar tension of positives ... Melbou...
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Top Stories in Australian Home Ownership August 15, 2016

Today's trending stories in Australian home ownership and Home Loans. Banks can't cut brokers' commissions without losing share Banks would struggle to ease the pressure on their margins by slicing commissions paid to mortgage brokers, according to one of the biggest players,... Best Brisbane suburbs for rentals Brisbane rental vacancy rates among highest in the country Brisbanes high rental vacancy rates haveshifted the power from landlords to tenants with far more rental options available. Vacancies for houses are at 2.6 per cent and units are soaring at 3.1 per cent. New Domain ...
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Top Stories in Australian Home Ownership August 14, 2016

Today's trending stories in Australian home ownership and Home Loans. Young dreamers pipped at the post at Seaforth auction as clearance rate hits 82.8 per cent As Sydneys auction clearance rate soared to a boom-like 82.8 per cent on Saturday, the sale of an old brick bungalow in the northern beaches suburb ofSeaforth demonstrated the plight of young families looking for a place to call home.... Mildura house price growth oustripping Melbourne and rest of regional Victoria Bev Gordonand husband Mac havewatched Mildura transform into a multicultural city asmany of its idyllic vineyards are re...
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Top Stories in Australian Home Ownership August 13, 2016

Today's trending stories in Australian home ownership and Home Loans. Australia's big four banks feeling pressure from parliament But despite all the political bluster, there remains a question mark over how much the banks' mortgage rate moves were really about balancing... Neighbourhoods: Buyers struggle with limited listings in family friendly Willoughby Willoughby agents are struggling to satisfy buyers with limited listings in this popular north shoreenclave. Agents estimate the number of properties for sale are down by 30 per cent compared withthe same time lastyear. Stock levels a...
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Top Stories in Australian Home Ownership August 12, 2016

Today's trending stories in Australian home ownership and Home Loans. Average US 30-year mortgage rate ticks up Long-term US mortgage rates edged higher this week, marking a fourth straight week of increases though rates remain at historically low levels. Ron Medich’s opulent and not-so glamorous housing options Fallen property developer Ron Medich has been linked with some of Sydneys most glamorous homes, including the $37 million waterfront residence in Point Piper he sold two years ago to aged-care industry boss Peter Wohl. But as the trial date is reset for early next year on his alleged...
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