Today’s trending stories in Australian home ownership and Home Loans.
- More transparency for tenants who could be exposed to loose-fill asbestos
Added checks and balances will come info force on Sunday to helptenants become more awareof potentially fatal loose-fill asbestos in their homes, but experts say more couldbe done to protect them.
Until now, landlords have not been required to disclose in a tenancy agreement whether a house contains the deadly material, but now changes to tenancy laws will giverenters addedtransparency about homes they are moving into.
Loose-fill asbestos, ins…
- Top restaurants in regional areas and the suburbs reflect changing taste in property
Appetite for change comes at a price
House hunters, fancy a side of foie gras with your sale contract?
The epicentre of epicurean Melbourne is no longer the CBD, with flash restaurants in once humble suburbs and towns symbolic of changing demographics and consequential property price rises.
What comes f…
- Melbourne's fastest growing suburbs for house prices over the year to September 2016
Some of Melbourne’s overlooked suburbs have outpaced the city’s house price growth, as value-hunters pounce on the last affordable suburbs.
- Spring action fails to show
Housing activity normally jolts into action as spring approaches but it hasnt been the case this year.
The supply of new listings on allhomes.com.au dropped across every Canberra district and greater Queanbeyan. It is no wonder house prices have forged ahead over the quarter as the supply of new stock dwindles. House prices made a 0.9 per cent improvement over the quarter to reach a median sale price of $609,000 in September, jumping 4.9 per cent across the year.
- Auction watch: Luxury Turner home sells for $2,425,000
A Hamptons-style house in Turner sold for more than $2.4 million at auction on Saturday the largest single residential property sale in Canberras north so far this year.
The propertyat 56 Masson Street is one of just 17 homes to sell for more than $2 million in 2016 and the only one to break the barrier north of the lake.
It is also the second high…
- Boom resurges in Sydney and Melbourne but other capitals down
A clear two-speed housing market emerged over the September quarter with house prices in Melbourne and Sydney now growing strongly at their…
- Housing affordability: price fall neither likely nor desirable
In particular, house prices tend to be higher in large cities compared with … Taking a look at the rate of home ownership in Australia, we observe that in … existing mortgage holders would not welcome falling house prices, as some…
- All borrowers get the same deals
MANY home loan customers are unaware that regardless of whether they are an owner-occupier or investor they can snare the same rock-bottom…
- NAB continues to snap up brokers
In its 2016 annual report, the major bank has released positive results for its broker channels and mortgage product range
- Westpac will stop lending to borrowers with less than 5% down
According to a leaked Westpac briefing note to mortgage brokers, the bank will stop lending to buyers with deposits of less than 5%
- Young people are more likely to renovate their homes than upgrade
According to new findings from Houzz, Millennials are more likely to renovate their existing homes as opposed to moving up the property ladder