Today’s trending stories in Australian home ownership and Home Loans.
- ASX aims to take on electronic settlement
The Property Exchange Australia (PEXA) is already aiming for a completely paperless mortgage process. In April it announced it had now processed…
- John Kinghorn snaps up Mosman’s first double-digit apartment for $10.22 million
As Rich Lister JohnKinghornawaits a buyer on his long-held Mosman waterfront mansion he has pushed ahead with his downsizer plans and put his name to the suburbs first double-digit apartment sale.
MrKinghornand his wife Jill paid $10.22 million for the penthouse in the boutiqueWatermarquebuilding at Mosman Bay in May when they took the keys from GillianQuille, wife of Blackrock chairman and chief JamesQuille.
The sale price …
- US$5 billion sale of Equis Energy prompts Craig Marsh’s high-end real estate splurge
The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree.
Marsh was revealed as the buyer of a knock-down-rebuild in Mosman for $6.88 million, as well as a waterfront in Noosa Heads for about $4 million, also slated for redevelopment.
Marshssplurgefollows the US$5 billion sale of renewable energy firm Equis Energy to US fund Global Infrastructure Part…
- How your home loan can turn $50 a week into $44000 of savings
For a typical Australian home loan of $350,000, anyone who can find a … of the 25-year mortgage and save themselves more than $44,000 in interest.
- Mortgagors 'better off' today despite high home prices: RateCity
Analysis undertaken by the financial comparison website suggested that mortgage holders are using 28.91 per cent of their income paying off their…
- Perth house prices slip in May
Perth house prices have declined or remained steady in four of the past five months, according to the latest data from CoreLogic, while national values…
- Melbourne landlords return to long-term rentals as Airbnb loses its shine
The Airbnb gold rush appears to be ending, with fed-up landlords returning to the long term rental market after the short term becomes more trouble than its worth, agents say.
Difficult andhands-on management, less-than-ideal profits, and a saturated market were turning investors from the one-time disrupter, which was no longer seen as easy money.
Talia Besser got her sta…