Today’s trending stories in Australian home ownership and Home Loans.
- Five reasons we don't have a retirement savings crisis
The planner’s professional advice was to pay the home loan, build savings in our offset … If you own your home outright by the time you retire, then you have a roof over your head without the burden of mortgage payments or rent.
- Half NSW mortgagees concerned about making repayments, survey shows
Despite interest rates being at record lows, half of NSW mortgage holders are worried about not being able to afford their home loan repayments, new…
- Melbourne house buyers urged to be forward looking when bidding to win dream home
Aspiring house buyers risk becoming eternal under-bidders unless they broaden their approach to valuing Melbourne homes, a buying expert has warned.
Wakelin Property Advisory director Paul Nugent said many buyers calculated a propertys technical value by assessing recent comparable sales, historic growth and yields.
But he said house buyers couldnt afford to be held hostage to these calculations and needed to also consider sentimzent-driven for…
- Toorak median house price breaks through $4 million
Property prices is a hot topic at dinner parties, and in Melbournes most exclusive enclave, the discussion of a standard address would now circle a price tag of $4 million.
Tooraks median house price has jumped 24.3 per cent over the past year to a record of $4,227,500, Domain Group data shows.
It comes as new data reveals Toorak home owners are the citys keenest renovators, committing more than $15 millon on updating their properties over…