Top Stories in Australian Home Ownership April 24, 2016

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

  • Buying a house in Melbourne: suburbs threatening to hit $1 million median price
    A dozenMelbournesuburbs are threatening to smash through the million-dollarmark, locking a growing number ofhome buyers out of the market.
    Suburbs with a house median between $950,000 and $1 million includeThornbury,Moonee Ponds, Parkdale,St Kilda and Burwood East, Domain Group datashows.
    Strong price growth across the city continues to have a ripple effect, and in the inner north, buyers squeezed out of the once-affordable Northco…
  • Paddington fire station ignites hot interest
    Paddingtons iconic fire station has igniteda flurry of inquiriesabout theheritage-listed property sinceits listing for auction.
    The historicfire station has sparked about 80 inquiriessince being listed to sell under the hammer next month.
    Once aderelict building, it hasbeen brought back to life afterextensive renovations over 20 years.
    Owner JohnSummerhayes, 79, breathed new life into the <a href="http://w…
  • Malcolm Turnbull goes for positive spin on negative gearing at the polls
    … Australia would win gold at the Olympics when it comes to home ownership. … Compare that to the number of property investors in Australia, a modest 10 … negative gearing reforms on house prices is being grossly exaggerated.
  • Property ladder has more climbers
    It was aimed at people who might otherwise fail to qualify for a mortgage … I thought I’d go to see a mortgage broker and see if I could qualify for a … her to State Government lender Keystart and the shared home ownership scheme.
  • Get smart with your mortgage
    Offset accounts are savings accounts linked to a home loan. The balance is deducted from your mortgage when interest is calculated, thereby…