Today’s trending stories in Australian home ownership and Home Loans.
- Has the inner-city suburb of Darlinghurst lost its lustre?
Darlinghurst has emerged as one of the biggest winners in the Sydney property boom, but the idiosyncratic suburb may be losing some of the colour that once made it attractive to outsiders.
In the past five years, the median house pricein the inner-city enclave has jumped a staggering 124 per cent, according to Domain Group data, in comparison withGreater Sydneys 82.5 per cent median house price growth.
The suburbs medianapartmentprice …
- Inflation back on the slide, so rate rises are off the agenda
If you were worrying about recent talk of interest rate rises leading to a hike in your mortgage or car loan, forget about it. … are growing are driven either by skyrocketing house prices (mortgages and rents) or government mandates.
- The Ghost or the Authoritarian: Which kind of housemate are you?
Creating a successfulshare house is a delicate balance. Ideally, you need to have aresponsive property manager, a large fridge and a good group of people who get along, and know when to give each other space….
- Are major banks taking advantage of interest-only borrowers?
The Treasurer even asked the ACCC chairman to let him know if he finds any evidence of the bank levy being passed on in higher mortgage rates.
- APRA data shows BoQ coming out of home loan slide
BOQ has reversed a slide in lending, but still seems to be growing slower than the overall banking industry. In stockmarket disclosures released on…
- Westpac Group and Suncorp set to hike fixed rates despite inflation cooling
Westpac, the nation’s second largest mortgage lender, has previously announced it is also axing a range of higher risk mortgage products and prevent…
- More than a million dwellings in Australia are unoccupied
While rates of homeownership continue to decline among young people, investors are snapping up property and leaving them vacant
- Non-major refunds over $230k in overcharged fees
Following an individual complaint, the bank has reported the issue to ASIC and refunded over 1,000 customers with mortgage offset accounts