Today’s trending stories in Australian home ownership and Home Loans.
- Ex-telco boss James Spenceley swaps Mosman for $12 million Cremorne digs
James Spenceleyis ditching Mosman and heading to Cremorne. Photo Ryan Stuart
Telco-boss-turned-fund manager James Spenceleymight have to rethink his prized car number plate 2088 in honour of the Mosman postcode given he has bought a more than $12…
- The Design Files: The young family who turned a 1960s gem into an eclectic home
Who: Designer Kate Stokes, of Coco Flip, architect Haslett Grounds, of Grounds Architecture, and their daughters Mariko (3 years) and Juniper (1 year).
Where: Eltham, Victoria.
What: 1960s gem, designed by Alistair Knox.
Its a common story. Young couple plans a family, priorities shift, and before long they find themselves se…
- Borrower's opt for variable rate mortgages
More borrowers are opting for variable rate mortgages, as demand for fixed rate home loan products wanes, new data from Mortgage Choice has revealed
- Perth housing most affordable
Perth continues to take out the title of Australia’s most affordable capital city, driven by lower property prices and low interest rates, as revealed in a report released today. In the year to March 2018, the proportion of income needed for mortgage repayments dropped to 19.2 per cent, down from 20.2 per…
- Major bank lends $14bn of mortgages in six months
According to ANZ’s 2018 half year results (HY18), its home loan portfolio (funds under management) has risen to $270.4 billion, up 6 per cent from $256.1 billion in the … Fixed rate loans also grew as a percentage of ANZ’s total mortgage portfolio, from 15 per cent in HY17 to 17 per cent in FY18.
- Top tips for a stress free tax time for landlords
Tax time is nearly here and the Australian Taxation Office (ATO) has put landlords on notice. The ATO will be making a focused effort on identifying, addressing and potentially penalising the large number of mistakes, errors and false claims made by property investors. It’s never too early to prepare for…