Top Stories in Australian Home Ownership December 19, 2018

Today's trending stories in Australian home ownership and Home Loans. House and land package versus knock down rebuild: How to decide which option is best for you If youre planning on building a brand new home, there are two key choices: a house and land package or a knock-down rebuild. Domain spoke to HIA executive director of building Simon Croft and Carnelian Projects director Kerri-Ann Hooper to explore the pros and cons of each option. Knock-down rebuild Croft says knock-down rebuilds have...
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Top Stories in Australian Home Ownership December 18, 2018

Today's trending stories in Australian home ownership and Home Loans. Fairwater, Australia’s first $100 million house sale, bought mortgage-free Australias first nine-digit house sale has settled with records showing the most expensive house purchase is unencumbered. The lack of finance required to buy Fairwater, the $100 million Point Piper property, will surprise few familiar with the buyer software giant Atlassians co-founder, Mike Cannon-Brookes given he has no mortgages on his three house...
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Top Stories in Australian Home Ownership December 16, 2018

Today's trending stories in Australian home ownership and Home Loans. Who’s who of property deals on Palm Beach’s front row On the exclusive stretch of Ocean Road opposite the Palm Beach surf, youd be lucky if one of the nearly 40 houses came up for sale in a year.But four have traded in recent months with a whos who of owners moving in. Multi-millionaire businessman Victor Comino is among the latest to buy onto Palm Beachs front row, paying $9.8 million for a house that hasnt traded in 43 year...
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Top Stories in Australian Home Ownership December 15, 2018

Today's trending stories in Australian home ownership and Home Loans. Gordon Fell scores buyer for $55 million house, third place on top 20 sales list As Sydneys trophy home market closes on the biggest recorded year in sales, Rubicon founder Gordon Fell has scored a late third place on the list thanks to the sale of his Point Piper mansion Routala.... Why gig economy workers need to sort out superannuation before going house hunting Owning a home is a great goal to have, not only because of t...
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Top Stories in Australian Home Ownership December 13, 2018

Today's trending stories in Australian home ownership and Home Loans. Real estate not all about population growth A property analyst has called it a fools errand to pick hotspots based on population ACT government launches an online platform for renters to access interest-free bonds The ACT government has launched an online platform to help tenants access rental bond loans more easily. ACT Minister for Housing and Suburban Development Yvette Berry announced the Rental Bond Help online platform...
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Top Stories in Australian Home Ownership December 12, 2018

Today's trending stories in Australian home ownership and Home Loans. Brokers are solution to opaque banks The industry association responded after a report from the ACCC on mortgage price competition Edwardian and Victorian cottages across Melbourne falling out of favour with buyers They were the pint-sized success stories of Melbournes property boom but Victorian and Edwardian cottages are no longer the goldmine they once were. Real estate agents say renovated single-fronted period cottages ...
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Top Stories in Australian Home Ownership December 11, 2018

Today's trending stories in Australian home ownership and Home Loans. Investor finance “worst in three years” New figures show the value of home loans in October, but some areas show a big improvement Personal loan fintech joins lending panel The online lender will now have access to the mortgage groups more than 450 brokers “Easy transition” to commercial property finance The group said the extra revenue will help mortgage brokers survive if changes are introduced Luxury for less: These are...
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Top Stories in Australian Home Ownership December 10, 2018

Today's trending stories in Australian home ownership and Home Loans. String of sales in Cottesloe inspires confidence in Perth property market in 2019 A spate of off-market, cash and quick sales in the affluent beachside suburb of Cottesloe has renewed confidence in a Perth property market recovery in 2019. Acton Dalkeith director Bev Heymans said there had been extraordinary sales in Ozone Parade, Cottesloe, in particular the sales of two neighbouring homes within days one of which was not e...
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Top Stories in Australian Home Ownership December 9, 2018

Today's trending stories in Australian home ownership and Home Loans. Afterpay boss David Hancock upgrades to Paddington for $7.6 million Afterpay Touch head David Hancock has made good on his recent $12.7 million pay day by taking the keys to a Paddington house on Friday for $7.65 million. The Espie Dods-designed residence is set to be a return to Sydney for Hancock and his wife Fee, who sold their Centennial Park home in 2015 for $7 million to move to the Southern Highlands. Hancock bought th...
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Top Stories in Australian Home Ownership December 8, 2018

Today's trending stories in Australian home ownership and Home Loans. Canberra vendors relying on post-auction negotiations in wake of lower clearance rates A total of 66 properties are scheduled for auction today in Canberra, and if recent clearance rates are anything to go by, less than half will sell. But Domain analysis shows passed-in houses are still selling faster than those via private treaty.... Foreign buyers hit Sydney’s trophy market with a run of listings Foreigners are again maki...
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Top Stories in Australian Home Ownership December 7, 2018

Today's trending stories in Australian home ownership and Home Loans. Aussies fall into a negative equity trap amid housing downturn In a report on News.com.au, industry watcher Graham Cooke said there is an increasing number of mortgage holders who owe more than their houses... RBA in 'uncharted territory' on falling house prices says deputy governor Guy Debelle The Reserve Bank is in "uncharted territory" when responding to falling house prices and can only wait and see what happen...
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Top Stories in Australian Home Ownership December 6, 2018

Today's trending stories in Australian home ownership and Home Loans. Lender backs current remuneration model The mortgage provider said a flat fee is not in the consumers best interests New home owners worried about falling prices A survey has also found the shift in the property market may flow through to consumer spending Recently sold $7.5m Yowie Bay house provides a lesson in slander of title One of the largest waterfront estates in the Sutherland Shire that was at the centre of a recent...
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Top Stories in Australian Home Ownership December 5, 2018

Today's trending stories in Australian home ownership and Home Loans. How to get the most out of the developer when buying off the plan Off-the-plan buyers at Gannet Developments Osprey, a 123-apartment building under construction in Dee Why on Sydneys northern beaches, were recently invited to spin a Wheel of Fortune-style wheel that would deliver between $20,000 and $100,000 off their purchase price. Director at Raine Horne Dee Why Collaroy Peter Mosedale, who worked on the project sales, sa...
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Top Stories in Australian Home Ownership December 4, 2018

Today's trending stories in Australian home ownership and Home Loans. Non-bank heads towards green mortgages The lender has become the first in Australia to issue a Green Bond linked to residential mortgages The intriguing ownership behind Vaucluse’s latest $40 million house sale The Vaucluse waterfront mansion best known as the Sydney base of Chinese e-commerce billionaire Richard Qiangdong Liu has sold for almost $40 million.... The vital role of trees in keeping our cities cool, power bill...
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Top Stories in Australian Home Ownership December 3, 2018

Today's trending stories in Australian home ownership and Home Loans. Homes with water views selling well despite Sydney’s slowing market Median residential property prices in Sydney may be officially heading south, but water views and top-notch locations are driving up prices for some sellers. At the weekend, a tired house in a coveted spot in Drummoyne soared more than $650,000 above its guide price of $2.9 million. The property, at 29 The Esplanade, sold under the hammer for $3.55 million in...
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