Top Stories in Australian Home Ownership April 7, 2019

Today's trending stories in Australian home ownership and Home Loans. The inventive ways rural Victorian councils are trying to attract young people back to their towns Population challenges are nothing new for Victoria. The recent boom in Melburnians is causing a number of well reported issues for those living in the capital everything from troubles finding a rental property to persistent road and rail congestion. But in some of Victorias oldest regional towns, theres a different kind of cha...
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Top Stories in Australian Home Ownership April 6, 2019

Today's trending stories in Australian home ownership and Home Loans. F45 gym boss Adam Gilchrist buys Byron Bay trophy home for $18.8m The boss of fast-growing gym franchise F45 Adam Gilchrist has splashed out on a Byron Bay trophy home for $18.85 million, just weeks after Hollywood heavyweight Mark Wahlberg bought into the company. The off-market purchase has smashed the luxury holiday spots long-standing record high set in 2006 by the same property when it last traded for a bullish $15.68 mi...
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Top Stories in Australian Home Ownership April 5, 2019

Today's trending stories in Australian home ownership and Home Loans. Customer-owned bank pilots digital mortgage tool As part of its efforts to improve its home-loan processes for borrowers, Gateway Bank has announced that it successfully tested out a digital mortgage... Bank launches time-saving tool According to the executive, they mean a home loan for the purchase of a high density, off the plan property has become a real possibility for buyers in... Five affordable housing markets where ...
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Top Stories in Australian Home Ownership April 4, 2019

Today's trending stories in Australian home ownership and Home Loans. Income tax cuts spur hopes for housing affordability "This is money that could go towards your monthly mortgage payment, your quarterly power bill or your yearly car insurance," Frydenberg said. Victorian borrowers struggle to meet repayments: Moody's A growing number of borrowers residing in Victoria are struggling to meet mortgage repayments despite the strong economic prospects in the state,... How much more afforda...
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Top Stories in Australian Home Ownership April 3, 2019

Today's trending stories in Australian home ownership and Home Loans. Fintech rolls out equipment finance Data collected by the SME lender suggests that one in four of a mortgage broker's existing home loan clients are also business owners, providing a... When less is more: The glossy Toorak renovation where a modest block size was no hurdle More with less. Thats what owner-developers Wendy and Chris Holland had in mind when they came to build on this compact 560-square-metre block on one of ...
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Top Stories in Australian Home Ownership April 2, 2019

Today's trending stories in Australian home ownership and Home Loans. MyState bank receives a post-Hayne tailwind Not only has the royal commission exposed serious misconduct within the industry, one of their most reliable source of mortgage originations, brokers,... Ray of hope as house price erosion slows The pace of falling house prices has eased, with the 0.6 per cent drop in March the smallest fall since October. However, the malaise has widened and... The $2.5 million reno that transfor...
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Top Stories in Australian Home Ownership April 1, 2019

Today's trending stories in Australian home ownership and Home Loans. Assured Home Loans' Gary Williams says banning trail would be “catastrophic” A veteran of the state's mortgage broking industry has warned that large broker companies and franchises are under threat from the federal... Sydney auctions: Owner-occupiers back in the market as they see value under the hammer Owner-occupier buyers were in the driver's seat in Sydney's home auction market at the weekend as some property inves...
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Top Stories in Australian Home Ownership March 31, 2019

Today's trending stories in Australian home ownership and Home Loans. First-home buyers across Australia’s capital cities: How they saved for their deposit Saving for a first home can seem an insurmountable task. Whether youre in Sydney, Brisbane or Adelaide, scraping enough together for a 20 per cent deposit can and usually does take years. So Australians hoping to buy their first home will be buoyed by a new report which has found the average time needed to save a deposit has fallen over the...
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Top Stories in Australian Home Ownership March 30, 2019

Today's trending stories in Australian home ownership and Home Loans. How did Canberra’s fastest growing suburbs perform in the property market last year? Greenway is Canberras fastest growing suburb, according to Australian Bureau of Statistics figures released this week. The south-side suburbs population grew by 18.9 per cent over 2017-18, representing a growth of 387 people to take the total to 2439. Not only is Greenway experiencing the fastest population growth in Canberra, <a href=&q...
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Top Stories in Australian Home Ownership March 29, 2019

Today's trending stories in Australian home ownership and Home Loans. Why odds are not pointing to a housing crash "In other words, the decline in house prices has to accelerate from now and be sustained for the peak to trough decline to exceed 35%. While there is... Three prominent Australians share the experience of purchasing their first property The romance of having a mortgage wasn't the most fun thing in the world for a 21-year-old guy. I wasn't making a lot of money at that point, I was...
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Top Stories in Australian Home Ownership March 28, 2019

Today's trending stories in Australian home ownership and Home Loans. Group preparing to launch legal fund for brokers According to the website, the group is looking to establish a scheme to fund any future legal costs incurred by mortgage brokers because of the... Low cash rate won't boost housing market, experts say He said banks assess one's ability to repay a loan based on a minimum mortgage rate of 7%, which was set by the Australian Prudential Regulation... Brisbane auctions: Buyer...
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Top Stories in Australian Home Ownership March 27, 2019

Today's trending stories in Australian home ownership and Home Loans. No insider trading on royal commission: ASIC ASX-listed mortgage brokers Mortgage Choice and Australian Finance Group were smashed, with Mortgage Choice falling 26.4 per cent to 77 and... Pint-sized property: Is a studio apartment a good or bad investment? For as little as $200,000, you can buy yourself a bolthole in St Kilda, a petite retreat in Petrie Terrace or student digs in Ultimo. Outlay double that and you can pick u...
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Top Stories in Australian Home Ownership March 25, 2019

Today's trending stories in Australian home ownership and Home Loans. Lowest mortgage rates in over a year could give home buyers confidence Mortgage rates are at the lowest in more than a year, with the 30-year fixed rate now averaging 4.28%. This is according to weekly data compiled by... Rent rises and house prices drop following floods RENTS have risen but house prices have dropped as Townsville's real estate market enters a period of uncertainty following the city's flooding crisis. Sign...
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Top Stories in Australian Home Ownership March 24, 2019

Today's trending stories in Australian home ownership and Home Loans. Melbourne rents rising fast in traditionally affordable suburbs Rents in some of Melbournes most affordable areas have increased at the same rate as some of the citys most prestigious suburbs over the past year, sparking alarm from advocates who are warning of increased rental stress among families who cannot afford to pay more.... Sydney first-home buyer stamp duty exemptions and concessions on the decline Sydney properties...
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Top Stories in Australian Home Ownership March 23, 2019

Today's trending stories in Australian home ownership and Home Loans. Sydney’s prestige property market feeling ripple effect of wider downturn Sydneys prestige home owners are feeling the ripple effect of the housing downturn with longer sales campaigns and more discounting before they score a sold sticker. Across Greater Sydney it is taking an average of 85 days to sell homes in the $3 million-plus prestige range, up 18 per cent on February last year. Domain data also shows discounting from t...
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