Today’s trending stories in Australian home ownership and Home Loans.
- The Sydney suburbs where tenants are getting the best deal
Sydney suburbs have seen rents fall by up to 15 per cent over the past year as the number of available rental properties hit an all-time high….
- Labor’s Matt Thistlethwaite trades $1.6 million Matraville duplex for knock-down rebuild
As federal MPs gear up for the looming May 18 election, Labors Matt Thistlethwaite has spent recent months reshuffling his own home ownership affairs, swapping an increasingly cramped duplex in his Kingsford Smith electorate for something larger nearby.
The shadow assistant minister for Treasury and his wife Rachel, a nurse, have raised their four daughters in the Matraville duplex since they bought it in 2011 for more than $1 million on a company title.
But given the nee…
- The Melbourne suburbs where renters get the best deal
Some popular suburbs for renters have seen little-to-no rent increases in the past 12 months even in Melbournes pricey market, leading tenants to feel bolder about negotiating with landlords.
South Yarra, South Melbourne, Brunswick West, Thornbury and 37 other suburbs had flat or slightly declining unit rents year-on-year for the March quarter, Domain data show.
Parkville, Kew East, Toorak and 56 other suburbs saw their house rents hold steady or decline.
- BOQ's sharp mortgage slump offset by broker growth
The fall was driven by a $717 million contraction in settlements through BOQ’s retail bank, which was offset by a $469 million rise in home loan…
- BOQ reports negative mortgage growth
The fall was driven by a $717 million contraction in settlements through BOQ’s retail bank, offset by a $469 million rise in home loan volumes through…
- Property industry confidence hits six-year low
Confidence in the property sector has declined to its lowest point since March 2013 amid concerns over deterioration in the housing sector,…