Top Stories in Australian Home Ownership April 12, 2018

Today’s trending stories in Australian home ownership and Home Loans.

  • Aussies make impulsive homebuying decisions, poll finds
    When buying properties, it seems like Australians are spending less time than it takes to watch a movie. According to a survey by ME Bank, 58% of property buyers spend less than an hour inspecting the home they eventually purchased — only to find out later that the property has some issues including…
  • Analysts weigh in on the future of the Australian housing market
    Analysts have expressed conflicting views on the future direction of the Australian property market, with UBS arguing that a major slump in mortgage borrowing power is on its way and AMP forecasting further price falls this year. Capital city house prices fell 0.2% in March, the fifth-consecutive monthly…
  • Melbourne house rents increase again as experts say more stock needed
    It indicated house prices had been growing at a faster rate than rents, Dr Powell said. What’s interesting is we are now starting to see quarter on quarter growth in rental yields, so it suggests that rents are starting to rise over the quarter faster than house prices, Dr Powell said. Yields for units were…
  • Brisbane renters: You’ve got it cheap, new report shows
    Think youre paying a lot in rent? If youre in Brisbane, chances are youre paying less than those living on the Gold Coast, Sunshine Coast and even Redland….
  • GWA CEO says renovations brisk despite house price drop
    Falling house prices in Sydney and Melbourne are unlikely to put the brakes on the $34 billion renovations market. Tim Salt, the chief executive of ASX-listed GWA, which sells Caroma toilets and bathroom basins and Dorf taps, said house and apartment price declines won’t trouble the company…
  • Melbourne house rents increase again as experts say more stock needed
    More properties are needed to keep up with high demand for rentals in Melbourne, experts say, as rents rise and stock levels dwindle.
    Median rental prices for houses rose by 1.2 per cent for the March quarter to $430 per week, while unit prices rose 2.5 per cent to $410, according to the Domain Group Rental Report released today.
    Inner Melbourne, an area that spans the CBD, Moonee Ponds, Elwood and Thornbury, had the highest quarterly and annual growth for houses with th…
  • CEO accuses banks of demonising vital brokers
    New figures have been released showing non-lenders are steadily gaining more of the home loan market share
  • Aussies make impulsive homebuying decisions, poll finds
    More than half of buyers spend less than an hour inspecting property they eventually purchase