Today’s trending stories in Australian home ownership and Home Loans.
- Apartment owner powerless after discovering tenant was illegally renting home on Airbnb
A Sydney apartment-owner who discovered her tenant was illegally subletting the one-bedroom apartment out on Airbnb to four guests at a time, and making triple the rent, has warned other investors that this is a cancerthats spreading fast throughout the city….
- Big crowds coming to Kyneton as town’s food and property scene grows
Perhaps a decade ago, unless you knew it, you probably would not have stopped in Kyneton.
But these days the town, nestled almost halfway between Bendigo and Melbourne on the Calder Freeway, is finding its feet as a food and wine destination, and is even rivalling nearby Castlemaine as the go-to home away from home for city hipsters.
Young professionals with fresh business ideas bring the town alive at weekends, long-terms locals say, with the quiet country town feel only presen…
- Fewer Aussie singles sign up for mortgage
The home ownership dream in Australia is becoming tougher for aspiring property buyers. Picture: Supplied. New ME data shows single home loan…
- Canberra first-home buyers’ struggle worsens with grant changes
Rising house prices have been a constant hurdle first home buyers have faced throughout 2016.
Canberras property market has been propelled forward by the lack of housing stock and relatively consistent demand that has pushed house prices north. For those buyers unable to save the hefty lump sum deposit, mortgage insurance has been the only way to secure a first home. This adda substantial amount to the initial cost of buying.
As of January 1 the struggle became a li…
- Auction watch: Year begins with a single sale in Spence
A four-bedroom house in a quiet Spence cul-de-sac kicked off the years auctions.
It was the only home to go under the hammer in Canberra on Saturday.
More than 50 people gathered at 5 Standbridge Place to watch four registered parties vie for the renovated home.
While the home passed in under the hammer, it sold immediately after auction for $672,000 through Belle Property Kingston agents Louise Harget and Dan McAlpine.
Mr McAlpine said the property received…