Today’s trending stories in Australian home ownership and Home Loans.
- 11 unique rural and coastal properties priced less than Canberra’s median
Last week, Canberras median house price was revealed to be $727,914 and while units present an affordable alternative, the dream to owning a house is becoming further unattainable to some as the price continues to increase every year….
- Quite the upgrade: Low-profile Sydney buyers swap $7.8 million house for $45 million Rose Bay trophy home
Its quite the upgrade. The mystery buyers of themostexpensive house sold in Sydney this year are revealed as a low-profileDover Heights couple whoswapped their $7.8 million home for theRose Bay trophy home of billionaire BrettBlundy,which had been on the market for about $45 million….
- Wealth management closing down sale! Everything must go!
Once upon a time, wealth management business was the answer to the banks’ woes: long-term growth provided by strong regulatory tailwinds (more of us putting increasing amounts of money into superannuation) that was largely uncorrelated – over the long-term, at least – to house prices, which remain…
- The Uber of renting is taking renters for a ride
They say that they’re on the side of renters, while they whisper in the ears of property investors about more convenience and higher return on investment. … Sweden and make sure that renting is a genuine alternative to home-ownership that renters have homes that are stable, affordable and liveable.
- Doubts emerge that Melbourne’s record unit construction will meet needs of new residents
As Melbourne races towards a population of more than eight million within just two decades, experts have warned that much of the new property construction will not meet the needs of its residents.
The citys construction boom has increasingly been concentrated on apartment towers, but new data shows just 7 per cent of those sales are for family-sized apartments.
Melbourne has welcomed at least100,000 new residents eachyear for the past three years;constru…
- Young couple beat investors to nab entry-level Hawthorn cottage for $1.43 million
In Hawthorn and the surrounds, small, mostly original Victorian terraces rarely come onto the market.
So when a two-bedroom home at 135 Victoria Road, Hawthorn East did,it proved very popular, with more than 150 groups coming through the doors during the auction campaign.
Despite the huge amount of interest, it came down to three bidders on the day, with a young coup…
- Record low rates for homebuyers until next decade
Homebuyers could make big inroads into a mortgage on the back of super-low interest rates with growing predictions the Reserve Bank will keep … low for longer, bank lending standards are tightening further and house prices in Sydney and Melbourne are falling with more downside ahead, he said.
- It's going, going . . . up
CAPITAL city property investors have been urged to take the blinkers off as Sunraysia house prices continue to rise. First National Collie Tierney director Ben Ridley says more local investors are getting into the property market. Picture: Louise Barker. Mildura’s median house price increased to…