Top Stories in Australian Home Ownership April 11, 2019

Today’s trending stories in Australian home ownership and Home Loans.

  • Tool aids property regulation compliance
    Solution to benefit lenders and customers alike, despite changing property market
  • Consumer CCR knowledge extremely low
    … of brokers believe that comprehensive credit reporting (CCR) will have a significant influence on the mortgage decision process, an alarming 83% of…
  • Major cuts rates
    A big four bank has announced changes across its fixed home loan rates for new customers. The changes at Commonwealth Bank of Australia (CBA)…
  • Tool aids property regulation compliance
    A new home loan analytics tool that merges portfolio and property data to provide powerful insight into a client’s position has launched, a necessity…
  • Sydney rent prices remain flat, tenants have upper hand
    Sydney renters are spoilt for choice, with lower prices and less competition as more properties hit the market.
    But in the northern beaches, median weekly house rents have soared $45 in three months, bucking the city-wide trend, according to the Domain Rental Report,released on Thursday.
    The city-wide median house rent remained flatat $540 a week over the past quarter, and apartment rents were also flat at $530 a week.
    Sydney becomes the second most e…
  • Melbourne weekly house rents now cheaper than Hobart but unit rents on the rise
    Renting a house in Melbourne is now cheaper than it is in Hobart, due to a runaway property market on the Apple Isle and an unusually strong unit rental market in Melbourne.
    Domain senior research analyst Nicola Powell said Hobarts strong rental price was extraordinary.
    Overall for the city its cheaper to rent a house in Melbourne than it is in Hobart and thats never happened before, Dr Powell said. Rental competition in Hobart is extrem…
  • Rent prices soar in Hobart, making it more expensive than Melbourne: report
    For the first time, it is now more expensive to rent a house in Hobart than in Melbourne. And Canberra is the most expensive capital city for Australian renters, having overtaken Sydney for the second quarter running.
    The Domain Rental Report for the March quarter, released on Thursday, shows the median weekly rent for a house in Tasmanias capital city is $450, compared to Melbournes $440 up $30, or 7.1 per cent on the December 2018 quarter.
  • Canberra rents continue to rise, still most expensive capital city to rent a house
    Canberra house rents have continued to rise, and remain the highest out of all capital cities, according to the latest Domain data. …