Top Stories in Australian Home Ownership November 27, 2017

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

  • Baby Boomers get the blame for busy modern lives
    On top of this, we seem to be the ones buying investment properties, causing house prices to go up. With house prices soaring, younger generations may need two incomes to service mortgage repayments and even some in the household holding down two jobs. Leisure time can soon disappear by…
  • Melbourne home owner willing to accept Bitcoin payment for The Basin property
    A vendor selling a family house in Melbournes outer east is willing to accept Bitcoin as payment, in what could bethe first cryptocurrencyproperty transaction inAustralia.
    As digital currencies become more mainstream, they are poised to penetrate the real estate industry in Australia and abroad, raising questions about logistics and legalities.
    With more buyers and sellers seeking to use Bitcoin instead of cash,government regulato…
  • You can't love mass immigration and hate expensive housing, Jessica Irvine
    Kevin07 was elected promising to ease housing affordability, but in government jacked up the first home buyers grant to bolster house prices during the global financial crisis. And let’s not let Treasurer Scott Morrison off the hook. His May budget was billed as a housing affordability budget, but delivered…
  • Will the Australian housing market bubble burst any time soon?
    Depending on who you talk to, the Australian housing market is a massive bubble that is about to pop, which will eventually drag banks and the economy down as house prices crash. In a piece, written for the Livewire Markets, AMP Capital’s head of investment strategy and chief economist Shane Oliver…
  • Five renovators in some of Brisbaneā€™s best suburbs, for sale now
    Renovators can be a good way to buy into a suburb that would be too expensive if you went for the finished product, especially if the house is already liveable.
    It can be a bit more expensive if the houses need a lot of work, and its not recommended that you buy a totally run-down house if you cant afford the finished product in your desired suburb.
    The following are a mix of houses in varying states of repair, all in Brisbanes best suburbs.
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  • Melbourne auction clearance rate drops 6 percentage points, as spring stocks surge
    The top end of Melbournes residential real estate market was in fine form at the weekend as several $4 million-plus auction properties raced past their reserves.
    But with more than 1440 auction properties up for grabs on Saturday, the heavily supplied $1.5 million to $3 million family home market segment was under some pressure. Variable levels of demand in this price bracket helped to pull down the weekend auction clearance to 66.2 per cent.

    The result, reported …

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