Top Stories in Australian Home Ownership April 30, 2017

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

  • Billionaire Phillip Dong Fang Lee in court as council demands government step in
    Wealthy Chinese property developer Phillip Dong Fang Lee is either an environmental vandal hell-bent on destroying hundreds of hectares of once pristine bushland and marine sanctuary in Port Stephens, or the hapless victim of council red tape.
    It all depends on who you talk to in the North Arm Cove community, where Mr Lee bought his 400 hectares adjoining Myall Lakes National Park for $8.8 million in 2006.
    On the one side is Mr Lee, known in China for his city-sized developments…
  • Website to offer mortgage savings
    Online financial comparison website RateCity is launching a 40-hour home loan sale that will deliver loan discounts, cashback deals and fee waivers…
  • Andrew Wilson: Canberra leads capital pack
    The Canberra housing market has led the pack over the March quarter, recording the strongest price growth of all the capital cities. Canberras median house price increased by 5.3 per cent to a record high $705,059.
    The latest house price growth rate was the highest ever recorded by the Canberra market over a March quarter, with the median surging by $66,345 over the past year.
    Canberra regions reported mixed house price growth results over the March quarter with the top p…
  • Atlassian’s Scott Farquhar smashes $70 million house price record to buy Elaine in Point Piper
    Scott Farquhar, 37, has come a long way in the property market since 2006 when he bought his first home, a two-bedder in Pyrmont for $1.41 million, where he still lives.
    Having started to outgrow the Jacksons Landing apartment, despite buying the adjoining two-bedder in 2013 for $1.35 million, Farquhar and his wife Kim Jackson traded up significantly late on Friday when they agreed to pay more than $70 million for the <a href="…
  • Wagga house prices among cheapest in regional Australia
    Wagga is one of the eastern states’ 10 most affordable regional cities, according to a new report. While PRDnationwide’s latest home buyer and…