Today’s trending stories in Australian home ownership and Home Loans.
- Buying a house in Melbourne: Edwardian and Victorian cottages are hot property
Its a fundamental economic principle that buyers will pay a premium for a product which is no longer in production. But limited supply isnt the only reason Melbournes Victorian and Edwardian cottages continue to attract big prices.
Single-fronted cottages occupy some of the best inner-city locations. They also appeal to a broader range of buyers than large family homes or apartments. Better yet, theyre usually cost-effective to renovate.
- You don’t know pain until you’ve house-hunted with children in tow
People say newborns and sleep are mutually exclusive, but I can say that the horror of house-hunting with babies on board is a close contender for doing your head in….
- Big bank says no to foreign incomes
THE nation’s biggest bank has slammed the door shut on home loan … Mortgage broking firm Home Loan Experts’s managing director Otto Dargan…
- Australia's first-home buyers shacking up to afford a home: survey
But with house prices rising, bigger deposits needed and first home grants … But then I have the regular income, so it was easier to get a mortgage.
- It looks like Australian households are doing something about their debt problem
More worryingly however, the RBA showed that for households which actually have a mortgage the ratio across Australia’s states is closer to 300%…
- Australia’s first-home buyers shacking up to afford a home: survey
If youre looking to buy your first home the best way to do it, say the experts, is to look for a partner at the same time.
New research from St George Bank shows that today six out of every 10 successful Australian first home buyers shack up with their partner, friends or family in order to afford that elusive first property.
Two incomes are better than one, so it seems logical for buyers to team up with others if affordability is an issue to share the costs, inclu…
- Adam Levine puts massive New York loft up for sale with $5.5 million price tag
Maroon 5 frontman Adam Levine is moving presumably like Jagger out of his massive 260-square metre New York loft, listing his Soho studio for sale at $US5.5 million ($7.2 million) this week.
The singer is even throwing in his glamorous furniture for an additional price, including his Playboy pinball machine, for buyers who want to invest in the full-Levine lifestyle.
Levine and his VictoriasSecret model wife Behati Prinsloo are hoping to mak…
- First timers teaming up amid calls for better affordability
More than six out of 10 Australian first homebuyers have joined forces with their partner, family or friend to purchase their first property, according to new research
The post First timers teaming up amid calls for better affordability appeared first on Australian Property Investor magazine.
- 'Typical' mortgage customer set to change
The mortgage market is set for significant adjustment as the demographic of the average buyer continues to evolve, with brokers advised to keep up with the times.