Top Stories in Australian Home Ownership April 26, 2016

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

  • Eddie Murphy’s former home in Granite Bay, California hits the market again
    Feeling priced out of the Australian super mansion market?There is always the 10-bedroom Californian mansion once owned by American comedy megastar, Eddie Murphy.
    According to its co-listing agent Jon Kirkpatrick of Chase International Real Estate, for a cool $15.5 million (US$12 million) it is still possible to nab the 55-year-old multimillionaires former home, which recently returned to the market after failing to sell in 2014-2015.
    Today the fast-talking actor/pr…
  • New suburbs join Melbourne’s property million-dollar club
    Risinghouse pricesover the past six monthshas opened the doors for13 entrants intoMelbournes million-dollar club,with a typical home buyer paying seven figures as far as Wheelers Hill.
    There are now 88suburbs witha $1 millionmedian house price, as spillover activity from highlysought suburbs like Elsternwickcontinue to drive demandin neighbouring areas such as Glen Huntly.
    Developers are a…
  • Westpac commission 'review' outrages mortgage brokers
    Westpac Group is reviewing commissions paid to mortgage brokers, … before further upwardly repricing home loan rates to maintain these obvious…
  • Budget 2016: Backing for ALP's tax reforms
    While the number of positively geared property investors has barely … said the analysis showed house prices would barely be impacted at all by…
  • Sapien Ventures' first fintech investment is in Hashching
    Wealthy Chinese migrants will help disrupt the Australian mortgage broking industry via an investment in Hashching, an online marketplace for home…
  • Retirees signing up for home loans
    Financial comparison website RateCity spokeswoman Sally Tindall said paying off a home loan at retirement age was often a bad idea.