Top Stories in Australian Home Ownership October 7, 2017

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

  • Can’t afford Brunswick? Consider Pascoe Vale, you’ll like what you see
    Little known fact: Pascoe Vale takes its name from colourful early pioneer, businessman, newspaper founder and politician John Pascoe Fawkner. His cognomen commonly minus the middle part is littered around Melbourne, including the nearby suburb of Fawkner, but it was in 1839 that he purchased a 316-hectare property in the subdivision of the Coburg district that he called Pascoeville….
  • David Malouf set to swap his Chippendale terrace of 32 years for Central Park
    Internationally acclaimed author David Malouf is selling his Chippendale terrace after 32 years to downsize to an apartment in the nearby Central Park development under construction on the former Fosters brewery site.
    Malouf is arguablyChippendales most notableresident, despite living a very private lifebehind the grand facade of the Victorian terrace he bought in 1985 for$175,000.
    The <a href="https://www.domain.com.au/53-myrtle-street-chip…
  • Home loan fear as confusion reigns
    Since mid-2015, after the banks rammed through interest rate rises for property investors in order to comply with the prudential regulator’s new limits…
  • Shortage of affordable, family-sized apartments in Melbourne could soon change
    Families looking to apartments for financial reprieve are being met with disappointment, withanacute shortage of affordable options on the market.
    Despite beingtouted as a cheaper alternative to buying ahouse or townhouse, most family-sized developments in inner Melbourne are priced above $1 million.
    It was an issue expectant parents Tom Burns, 40, and Sharon Nannery, 35, faced when they wanted to upsize from their two-bedroom apartment in St Kilda….
  • Renters deserve a better deal
    … to gain a foothold in the property market in Australia, but as median house prices soar beyond $1 million in many Melbourne suburbs, more of us have switched from planning for a mortgage to resigning ourselves to life on a lease.
  • Minority shareholder places mortgage fintech into administration
    Minority shareholder places mortgage fintech into administration … Parties associated with a minority shareholder of online mortgage platform…
  • RACQ Bank may be a welcome addition to the home loan market, as Aussies lose trust in big banks
    Queensland car insurer RACQ, which last year merged with QT Mutual Bank, has now launched as RACQ Bank, and hopes to offers Aussies an…
  • Mortgage holders struggling under rate hikes
    Out-of-cycle rate increases mean one in four Australian mortgage holders find it difficult to meet their monthly repayments
  • Home loan apathy for 33% of Australians
    One third of mortgage holders are failing to even put in the effort to shop around and seek a better deal on their home loan

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