Top Stories in Australian Home Ownership July 31, 2018

Today's trending stories in Australian home ownership and Home Loans. Borrowers becoming more distrustful of banks, survey reveals Of the financial services space, only insurers recorded an increase in trust, while confidence in brokers and mortgage providers fell 7% and 5%,... Looking for capital growth? Consider these suburbs For home buyers and investors looking to cash in on a consistent capital growth, Victoria's Wallan may be the best location to look for a property. Stellar June sales ...
More

Top Stories in Australian Home Ownership July 30, 2018

Today's trending stories in Australian home ownership and Home Loans. The Block 2018 contestants confronted with biggest project in the show’s history, The Gatwick Hotel As the teams for the new season ofThe Blockwalked into the old Gatwick Hotel in St Kilda for the first time, they had no idea they would be taking on the biggest project in the shows history.... New Mernda rail line causes land prices to skyrocket Politicians promisesfor new rail lines can send property prices into overdrive, ...
More

Top Stories in Australian Home Ownership July 29, 2018

Today's trending stories in Australian home ownership and Home Loans. Pokie game-maker Scott Olive sets Clontarf price record with $11.5 million beachfront home A gaming entrepreneur who created one of the worlds top performing poker machine games is behind therecent record-setting $11.5 million sale of Clontarfs most expensive home. Thebeachfront house was purchased in a company name, Blue Sky Capital Investments, of which the sole director and ultimate owner isScott Olive, the pokie gamepione...
More

Top Stories in Australian Home Ownership July 28, 2018

Today's trending stories in Australian home ownership and Home Loans. Sydney’s inner west bears the brunt of the city’s steepest annual drop in house prices Suburbs in Sydneys inner west have borne the brunt of the citys steepest annual drop in property prices since the Global Financial Crisis. While Sydneys median house price fell by 4.5 per cent year-on-year, a handful of suburbs in the inner west saw prices decline at double the rate, according to Domain Group data. Petersham was the worst h...
More

Top Stories in Australian Home Ownership July 27, 2018

Today's trending stories in Australian home ownership and Home Loans. “Imperative” to go beyond mortgages A broker of more than 15 years has said theres a massive opportunity London Hotel owners return to their Woollahra stomping ground with $6.5m purchase Natasha Stanley her husband Kingsley Smith are back in Woollahra. Photo: Fiora Sacco Hotelier Natasha Stanley has returned to her Woollahra stomping ground by buying a modernist... How much should you spend on your renovation? Dar...
More

Top Stories in Australian Home Ownership July 26, 2018

Today's trending stories in Australian home ownership and Home Loans. Melbourne median house price falls to $882,082 over June quarter: Domain Group report Melbourne property prices have taken their biggest hit since 2012, falling by almost 2 per cent in the pastthree months, with experts predicting prices will continue to slide. The citys median house price dropped by $16,000 in the June quarter to $882,000, according to new data from the Domain Group, which showed the leafy inner-east was the...
More

Top Stories in Australian Home Ownership July 25, 2018

Today's trending stories in Australian home ownership and Home Loans. Sydney’s Hills District homes failing to sell under the hammer The majority of homes in the Hills District failed to sell under the hammer over the weekend as agents and auctioneers report buyers in the region are turning to other options. Just one of the four homes scheduled for auction in Kellyville sold on Saturday. In the neighbouring suburbof Castle Hill, one home was withdrawn from auctionand the onlyother property sche...
More

Top Stories in Australian Home Ownership July 24, 2018

Today's trending stories in Australian home ownership and Home Loans. Majors will move rates “sooner or later” Ten institutions have changed interest rates on their home loan products over the last week Why you should resist peer pressure and focus on fundamentals when buying a home in a quiet market If youve ever waited 45 minutes for a restaurant table while neighbouring establishments are empty, youll understand the concept of social proof. A line out the door signifies strong demand, and d...
More

Top Stories in Australian Home Ownership July 23, 2018

Today's trending stories in Australian home ownership and Home Loans. Property prospects squeezed as banks ‘run scared’: Deloitte Australias economy finds itself wedged between a rock and a hard place rising mortgage rates and falling home loan sizes and the resulting mini credit crunch could be a big problem for property. Deloitte Access Economics have become the latest group of leading economists to warn of a looming credit crunch in Australia, defined as a sudden drop in the availability o...
More

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...
More

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...
More

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...
More

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...
More

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...
More

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...
More