Today’s trending stories in Australian home ownership and Home Loans.
- Fitness guru Michelle Bridges outbids chef Luke Mangan for $2.7m weekender
- Point Cook tops Melbourne’s most popular suburbs list for house sales in 2017
Melbournes outer suburbs have been the most popular for house sales this year and its all down to new homes and affordability, experts say.
Point Cook topped the list with 1325 house sales in the 12 months to December, while Pakenham came in second with 1116 house sales, according to Domain Group data. The two suburbs also had the highest number of house sales in the country.
For unit sales, Melbourne CBD topped the list in Victoria with 1697&nbs…
- RBS to pay $125 million to settle California mortgage bond claims
(Reuters) – Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to two large California pension funds, the state’s attorney general said on Friday. The settlement announced by California Attorney General…
- The highs and lows of Canberra suburb performance in 2017
This year the Canberra property market grew from strength to strength. Overall the ACT markets median house price grew 9.1 per cent to $712, 975.
The best reflection of the strength of the market is at the suburb level where only 11 suburbs experienced a decrease in the median house price. Torrens recorded the lowest with a decline of 11.07 per cent.
There has been a high volume of sales &…