Today’s trending stories in Australian home ownership and Home Loans.
- Sydney’s best trophy homes that nobody knows about
Ask what some of Sydneys most famous trophy homes are and youll most likely hear talk of Elaine or La Mer, or even Altona.
For the uninitiated, Elaine is the most expensive home ever sold in Australia, having set the bar at $71 million earlier this year when the Point Piper estate was bought by billionaire techie Scott Farquhar and his investment banker wife Kim Jackson.
It topped the $70 million high of 2015 set when casino mogul James Packer and his former wife E…
- Sydney properties even the rich can't afford
Meanwhile, prices in Sydney’s more affordable mortgage belt 20km to 45km from the CBD had a much slower rate of increase. House prices in…
- New: Jessica Irvine's diary of a first home buyer
… reject the Australian obsession with home ownership and point out the virtues of renting, such as … But it’s true, I’ve also missed out on the approximate doubling in house prices since mortgage rates have dropped to record lows.
- Moruya Heads home sells for record-breaking $1.6m price
An architecturally-designed home on the south coast has sold for a record price to buyers from out of town.
The Smith and Primmer home at Moruya Heads sold for $1.6 million, a record for the coastal town.
The four-bedroom home, which sits on an expansive 96 acres, was sold to buyers from Sydney.
Ray White Batemans Bay agent Melissa Williams said the home has brilliant views of the ocean, the mountains and the Moruya River estuaries.
- ‘We just winged it’: family drops $1.1m on big Carindale block
It was quick bidding and a can-do attitude that snagged the Beddows family their new home.
Competition was fierce for the five-bedroom house at 2 Melrose Close, Carindalewith auctioneer Justin Nickerson taking bids faster than he could count them.
The whirlwind experience left Mary and Jason Beddow startled.
Im surprised that we got that really, Mrs Be…
- Five traps to watch out for when buying an investment property
Mr Hancock said many people signed contracts without understanding the mortgage process or even if their loan would be approved. Prior to making…
- Property investors 'shouldn't assume' high returns will continue
With mortgage rates starting to increase for investors, record-high levels of new housing supply and value growth slowing, housing investors…