Top Stories in Australian Home Ownership March 19, 2019

Today's trending stories in Australian home ownership and Home Loans. Five essential checks you should do before buying a home that everyone forgets For most of us, its the biggest purchase well every make, yet many home buyers dont complete the necessary due diligence before signing a contract. Research conducted by Australian bank ME last year revealed 26 per cent of 1000 property owners surveyed discovered issues with their property post-purchase, with 23 per cent experiencing a degree of bu...
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Top Stories in Australian Home Ownership March 18, 2019

Today's trending stories in Australian home ownership and Home Loans. Young couples and upsizing families target warehouse-style homes Warehouse-style homes sold strongly at the weekend as young couples and upsizing families both targeted the citys more idiosyncratic auction properties. A former shopfront in Fitzroy North attracted about 80 bids from four families before selling under the hammer for a bullish $1.584 million, $184,000 above reserve. Nelson Alexander sales director Arch Staver sa...
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Top Stories in Australian Home Ownership March 17, 2019

Today's trending stories in Australian home ownership and Home Loans. The home builder boss who bought Bob Hawke’s $14.5m Northbridge home As Northbridge locals mull this weeks sale for about $14.5 million of the home of their most high-profile resident, former prime minister Bob Hawke, the mystery buyer can be revealed as Peter Rawson, co-founder of the land-subdivision and home-building giant Rawson Group.... International students in Melbourne increasingly at risk of unscrupulous landlords ...
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Top Stories in Australian Home Ownership March 16, 2019

Today's trending stories in Australian home ownership and Home Loans. Fixed home loan rates still on the move Banks making changes to encourage borrowers at higher end of LVR scale How climate change will affect your mortgage In ordinary times, a person standing up to make a statement of the bleeding obvious isn't news. But the times, my friends, are anything but ordinary. Caltex chairman Steve Gregg trades in Point Piper for Double Bay Caltex chairman Steve Gregg has listed his Point Piper ...
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Top Stories in Australian Home Ownership March 14, 2019

Today's trending stories in Australian home ownership and Home Loans. Industry-wide shift in fixed home loan rates The trend is expected to continue into subsequent months Industry-wide shift in fixed home loan rates New data has revealed an ongoing industry-wide reduction in fixed home loan rates. Canstar's weekly rate summary showed 168 decreases and zero... Lending slump weakens home-building market Also Read: Why the decline in lending is not due to fewer mortgage applications. Housing In...
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Top Stories in Australian Home Ownership March 13, 2019

Today's trending stories in Australian home ownership and Home Loans. Mortgage brokers safe from change for now Thousands of Australian mortgage brokers may continue receiving trail commissions beyond next year, after the federal government backflipped on... Government reneges on trail commission position In the statement, mortgage brokers were said to be critically important for securing better consumer outcomes in the mortgage market. Why rate cuts will be futile in boosting the housing mar...
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Top Stories in Australian Home Ownership March 12, 2019

Today's trending stories in Australian home ownership and Home Loans. How Airbnb is putting pressure on rent prices The RBA's report also explored the relationship between investor speculation and house prices, and found that a 2.5 per cent dip in expected capital... Pat Conroy to meet with mortgage brokers to explain Labor's response to Banking Royal Commission Member for Shortland Pat Conroy will hold a roundtable with mortgage brokers this week to explain Labor's response to the Bankin...
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Top Stories in Australian Home Ownership March 11, 2019

Today's trending stories in Australian home ownership and Home Loans. Historic Victorian landmark that was a bank and a nightclub is up for sale The AMP building in Sale is back on the market after four years, with the Melbourne-based owner hopeful new life can be breathed back into the historic landmark. ... New Farm home smashes Brisbane residential auction record A grand waterfront estate in New Farm has smashed Brisbane residential auction records, selling for a staggering $7.75 million. S...
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Top Stories in Australian Home Ownership March 10, 2019

Today's trending stories in Australian home ownership and Home Loans. The Sydney suburbs where tenants are not getting their bond back More than one in 10 renters in some of Sydneys most well-heeled suburbs are forgoing thousands of dollars in bond money, new figures reveal. Tenants in affluent suburbs such as Vaucluse, Watsons Bay andBellevue Hill collectively lost hundreds of thousands of dollars in bonds last year, Fair Trading data shows, with one eastern suburbs tenant surrendering $50,000...
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Top Stories in Australian Home Ownership March 9, 2019

Today's trending stories in Australian home ownership and Home Loans. Georgian estate Loombah could smash Hunters Hill’s price high with $30m sale Hunters Hill is poised to reassert its place at the forefront of the north shores trophy home market as the historic Georgian estate Loombah hits the market with $30 million hopes.... Canberra homes that have sold for more than $2 million this year Canberras upper end of the market has experienced a surge in sales over recent weeks, after a slowdown...
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Top Stories in Australian Home Ownership March 8, 2019

Today's trending stories in Australian home ownership and Home Loans. Darren Palmer shares his top transformation tips for designing on a budget While Ive worked on many multi-million-dollar projects, one of the things closest to my heart in the design realm is making a silk purse out of a sows ear, figuratively speaking.... The Design Files: Inside the home of Kabinett owner Melissa Macfarlane Who: Melissa Macfarlane owner of Kabinett, and Frank Moylan What: Converted Victorian Cottage. Where...
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Top Stories in Australian Home Ownership March 7, 2019

Today's trending stories in Australian home ownership and Home Loans. Sydney and Melbourne's luxury property slips in ranking: Knight Frank "The New York market has been impacted by two main issues: rising interest rates the cost of mortgage debt has risen by nearly 70 per cent in the... ‘Australia’s worst house’ transformed: See the incredible before and after pics The property once dubbed Australias worst house is back on the market and looking a little different. Unsafe, unliveable an...
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Top Stories in Australian Home Ownership March 6, 2019

Today's trending stories in Australian home ownership and Home Loans. Borrowers more satisfied with banks than brokers — study A recent study by Roy Morgan found that home-loan customers who ... that while mortgage brokers are an important channel that provides access to... No surprises with RBA's move to hold interest rates "The sheer number of spot fires across the Australian economy which includes core inflation well below its target and falling house prices has... Royal Commission ...
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How to know if your investment property is no longer profitable

It's only been three decades since women were first allowed to apply for mortgages on their own, and in that time more women have become homeowners than men. ABS data from 2017 showed that 60% of women owned the house they live in compared to 56% of men, and this is set to continue to be the case moving forward. Of the non-couple first home buyers in 2017, 58% of them were women, according to a survey by Mortgage Choice. While buying a home to live in is still the most common reason for buyi...
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Top Stories in Australian Home Ownership March 5, 2019

Today's trending stories in Australian home ownership and Home Loans. Special offer to support first home buyers FHBs that apply for a Virgin Money Reward Me home loan between now ... be given a 20% discount on lenders mortgage insurance on eligible loans and ... The data also showed that many Australians associate home ownership... Why the housing downturn is not all bad news Australia's housing downturn has dampened the spirits of many property investors and homeowners whose dwellings contin...
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