Today’s trending stories in Australian home ownership and Home Loans.
- Idyllic private island with 10-bedroom mansion off Connecticut sells for almost $29.6 million
An idyllic private island off the coast of Connecticut sold for about $29.6 million on Monday, falling about $5 million short of the asking price.
Rogers Island is one of the main landmarks on the Long Island Sound, according to New York Times Real Estate.
This 7.5-hectare oasis is located off the coast of Branford, Connecticut and 120 kilo…
- "Risk on" for LMI sector, as delinquencies rise
SP issued low risk outlook but analysts note rising mortgage stress and falling house values
- Buying a blank canvas for your dream home: 5 big land blocks for under $540k
With more and more land in Brisbane being sub-divided and developed, its becoming tricky to find those bigger blocks on which to create your perfect home. These five land parcels offer prime locations in desirable suburbs with plenty of space to design a dream property.
Starting from 403 square metres and ranging up to a massive 804 square metres, they can provide as much space as youd like with an affordable price tag.
Bring out your blueprints: its time to…
- Toorak penthouse sells for $16m+, doubles suburb record
The sale of a new Toorak penthouse, furniture and all, has doubled the unit price record in the exclusive suburb.
Thattitle was last held by the half-floor penthouse of 30 Springfield Avenue, which sold for $8.2 million but is yet to settle.
The record-breaking penthouse in question sits atop 29 Washington Street, a recently built block of luxury apartments.
- Why our dream homes might not make us happy in the long run
Your home is probably the most expensive thing youll ever purchase, but what if you made a mistake about what sort of property would make you happy?
Professor Michael Norton from Harvard Business School, co-author of Happy Money: The New Science of Smarter Spending,says when choosing a home, many of us unwisely prioritise physical aspects.
It can be wiser to spend time and money finding a community rather than a third bathroom, he says.<…
- Sydney housing one of the most globally overpriced, study finds
This comes even as the city is starting to experience a property downturn
- Should I purchase Lenders Mortgage Insurance?
Q: I am looking to purchase my first property as I have saved around $80,000 and am tired of paying rent on an apartment that I will never own.
- Royal commission rekindles compulsory super debate
Allowing consumers to dip into their super for home ownership not only affects … to buy property could put further upward pressure on house prices.
- Investor mortgage demand falls as housing returns decline
Investment mortgages may be becoming less popular, with a new report from CoreLogic showing a rapid reduction in overall returns from Australian…