Top Stories in Australian Home Ownership November 26, 2017

Today’s trending stories in Australian home ownership and Home Loans.

  • Sydney trophy home owners wishing for a buyer this Christmas
    As Sydneys property market winds down for 2017 and the month-long countdown to Christmas begins, trophy home agents are quietly hoping to snare cashed-up house hunters in coming weeks.
    Prestige agents say there is traditionally a big-ticket deal done in the days and weeks before the Christmas thanks to visiting foreigners, returning expats and Sydneys own elite making good the holiday period to do some shopping.
    In some ways the summer break is the most important t…
  • Diary of a first home buyer, week 10: Why Baby Boomers are not to blame for high house prices
    It is true that in my darker moments when home ownership has seemed but a … Nor do I blame the army of property investors, buying up their 16th and 17th investment property. … Want to know why house prices have soared? … Well, while low interest rates mean mortgage servicing costs are actually…
  • Auction watch: Narrabundah cottage sells for $610k
    A quaint two-bedroom home in Narrabundah sold for $610,000 at a Thursday night auction. The property at12 Euroka street sits behind a well-established hedge, which hides this charming house and the many stories that surely go along with it….
  • Young West Australians revelling in opportunity to buy cheap in Perth suburbs
    We first moved to Balga when we were renting in 2013 and it was at the height of the housing crisis, Ms Blitvich said. She and her partner paid $420 a week to rent a three-bedroom home similar to what their mortgage costs now. It was a no-brainer, Ms Blitvich said. It was either pay $25,000 a year…
  • Bold bidding strategies on show at record-breaking auction in Albion
    Two buyers advocates bidding on behalf of the one family have secured a win for their clients in a dramatic auction in Melbournes west.
    The four-bedroom, two-bathroom Albion house attracted three bidders when it went under the hammer on Saturday afternoonbut, in a bizarre twist, two bidders were colluding.
    More than 100 onlookers were stunned when theauction opened with a knock-out bid of $900,000, giventhe house had been advertised wi…

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