Top Stories in Australian Home Ownership July 22, 2018

Today's trending stories in Australian home ownership and Home Loans. Australian building activity could see the sharpest decline since GFC, BIS Oxford Economics finds Over the next two years Australian building activity couldsee the sharpest decline since the GlobalFinancial Crisis, a new report suggests. Building market analyst and forecaster BIS Oxford Economics has predicteda 23 per cent fall in residential building starts in the next two years, which will see dwelling commencements drop to...
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Top Stories in Australian Home Ownership July 21, 2018

Today's trending stories in Australian home ownership and Home Loans. Test cricketer Nathan Lyon sells Vaucluse apartment for $1,085,000 Test cricketer Nathan Lyon has sold his top-floor Vaucluse apartmentfor $1,085,000. The star off-spinner bought the spread in the bull market of 2015 for $1.1 million when it was near new and when local values had scored double digit growth in the previous two years. Brad Pillinger, of Pillinger, declined to comment on the deal, but had passed it in at last we...
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Top Stories in Australian Home Ownership July 20, 2018

Today's trending stories in Australian home ownership and Home Loans. Broker lodgements rise in last quarter The figures also show the average home loan value has increased Prime home loan arrears increase The data showed a historic low for Mays non-conforming loan arrears The award-winning architectural project that embraces the great outdoors The house starts as an inward-looking, heavily-grounded and masculine Victorian villa in what architect Jane Riddell calls a beautiful, parkscape Hawt...
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Top Stories in Australian Home Ownership July 19, 2018

Today's trending stories in Australian home ownership and Home Loans. Online lender unveils rate changes With this move, UBank avoided the current trend in the variable home loan scene, where nine lenders have already announced interest rate hikes in... Property market downturn not as dire as mid-2000s There is no denying the fact that the property market is currently seeing a slowdown, complete with falling prices and a decrease in investor activity. House of the week: Hard to keep the heart...
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Top Stories in Australian Home Ownership July 18, 2018

Today's trending stories in Australian home ownership and Home Loans. "Poised" non-bank appoints mortgage head The former Future Financial and Better Choice Home Loans COO is in a new role Green Melbourne developments like Milieu and The Commons see rise in resale values The Commons in Brunswick is being touted as one of Australias leading ethical and environmentally friendly residential buildings. With its unique design, rooftop veggie patch and communal beehive, the building has be...
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Top Stories in Australian Home Ownership July 17, 2018

Today's trending stories in Australian home ownership and Home Loans. Australian housing finance saw brief uptick last quarter Business Insider Australia reported that there was no sign of a credit crunch in Australian home loan lending in May, based on Australian Bureau of... More banks increase rates Four banks have new variable or fixed interest rates for home loan customers Big banks slash honeymoon rates on home loan offerings In a bid to win back borrowers and drive growth in the sluggi...
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Top Stories in Australian Home Ownership July 16, 2018

Today's trending stories in Australian home ownership and Home Loans. Queensland is the next property hotspot, experts say According to the survey, industry experts project house prices in ... For instance, the bank expects house prices to remain flat in Brisbane over the next... ‘Demoralising and humiliating’: More older Australians falling into homelessness Thousands of older Australians are being forced to choose between buying groceries, medication or paying their rent, experts say. Leadin...
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Top Stories in Australian Home Ownership July 15, 2018

Today's trending stories in Australian home ownership and Home Loans. Geoff Ainsworth, son of pokie king, doubles his Palm Beach holding with $16.1 million spree In high-end real estate circles it is no secret that the best buyers are usually the neighbours. Take the latest purchase by Geoff Ainsworth, eldest son of pokie tycoon Len Ainsworth, and his poet wife Johanna Featherstone, who havedoubled the size of their Palm Beach getaway just a few months after they bought into the luxury holiday ...
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Top Stories in Australian Home Ownership July 14, 2018

Today's trending stories in Australian home ownership and Home Loans. Morgan Stanley shows house prices will continue to tumble House prices in Australia have now been falling for nine consecutive months, ... Earlier this month, Deloitte's annual Mortgage Report made similar... Property investors must be aware of big changes to tax depreciation However, it is important to remember there are still plenty of valuable depreciation deductions available for property investors. As a building gets ol...
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Top Stories in Australian Home Ownership July 13, 2018

Today's trending stories in Australian home ownership and Home Loans. Architecture without ego: An off-the-grid cabin on a generations-old property From a distance, I dont know what to make of the pair of buildings on the ridge? Before I decide, Im down the sweeping driveway that Antony Martin designed to wander the rolling landscape along the desire line the natural path youd take in from the entry gate?... AMP Bank hikes home loan rates as eyes turn to the big four AMP has hit its home loan...
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Top Stories in Australian Home Ownership July 12, 2018

Today's trending stories in Australian home ownership and Home Loans. Macquarie rate hike may lead other banks to follow suit Although the Reserve Bank of Australia did not raise its rate last week, Macquarie pushed through with its own hike and said that its mortgage rates... Heritage bank allows borrowers to fast-track loan applications Toowoomba-based regional lender Heritage Bank unveiled its newest offering for borrowers: It will expedite the approval of home loan applications... Is Bris...
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Top Stories in Australian Home Ownership July 11, 2018

Today's trending stories in Australian home ownership and Home Loans. Regional bank announces 24 hour approvals In the lender's trial, the fastest home loan was approved in just 90 minutes ‘Never a dull moment’: The family living on a boat in the Mediterranean Sea While most of us are rugged up against winters chill, Karen Casley is island hopping in the Mediterranean sunshine with her husband Toby and their three sons. Theyve just sailed their boat to the Greek islands of Lefkada and Kefaloni...
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Top Stories in Australian Home Ownership July 10, 2018

Today's trending stories in Australian home ownership and Home Loans. Tight mortgage regulations need revising, analyst says Online mortgage marketplace HashChing recently urged Australian banks to find a middle ground when approving customers' loans. Lending... Which state has the most affordable suburbs for property buyers? For property buyers looking for best deals, Victoria is the place to be as it houses the most affordable suburbs across Australia. According to a recent... Shadow banks ...
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Top Stories in Australian Home Ownership July 9, 2018

Today's trending stories in Australian home ownership and Home Loans. Slow wage growth and high home prices force children to stay at home with their parents Recent economic conditions have given rise to generation rent or boomerang kids, as slow wage growth, high house prices, and skyrocketing living... Developer Growland unveils plans for luxury St Kilda Road apartments featuring ‘sky garage’ A new high-endapartment development in Melbourne will feature fingerprint recognition software and a...
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Top Stories in Australian Home Ownership July 8, 2018

Today's trending stories in Australian home ownership and Home Loans. Purplebricks flat-fee agency model leaves agents ‘living month to month’ By the end of 2016Sydneyhouse prices had grown more than 10 per cent in a year. Saturday auctions across the city were turning into live theatre, crowds watching on as buyers pushed prices up hundreds of thousands of dollars above reserve for fear of missing out. The market was hot and a UK-based flat-fee agency model calledPurplebricksmade its move. Its...
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