Today’s trending stories in Australian home ownership and Home Loans.
- Are auctions sexist? Why women buyers are reluctant to bid
The prevalence of male bidders at auctions is an easily observable phenomenon for anyone who enjoys watching a bit of street theatre on a Saturday morning.
Despite women wielding increasing buying power in the property market, many female buyers are opting out of bidding at auction, either using a friend or family member as a proxy bidder, or engaging the services of a buyers advocate.
Buyers advocate Nicole Jacobs ru…
- Castle-like Scottish manor on the market for the affordable price of $325,000
A six-bedroom country house in Scotland is on the market for the surprisingly affordable price of 200,000 ($325,000).
The 492-square-metre home, known as Chesterhill House, is on a 1.3-hectare woodland property in the small town of Newport-on-Tay in Fife.
Built in 1870, the three-storey Tudor-Italianate style home includes many distinctive architectural features, such as castellated…
- Melbourne auction clearance rate bounces back but 30 per cent of results unreported
House-hunters are increasingly wedging Melbournes inner suburban real estate market by targeting a small number of quality homes while ignoring comparable properties, real estate agents say.
The weekend auction market saw above-market prices paid for some well-located homes but comparable, if slightly inferior properties tended to underperform.
The trend to highly divisive auction results for similar properties was demonstrated by two auctions in Fitzroy hel…
- East coast house prices to ease: residential developer AVJennings
Listed residential developer AVJennings expects housing prices to ease in the heated east coast capitals after a five-year bull run, but tips the volume…
- Electricity, health and food the top worries in Choice Consumer Pulse survey
… by health expenses (79 per cent), food and groceries (73 per cent), fuel (72 per cent), car insurance (68 per cent) and mortgage or rent (65 per cent).
- ACCC chairman ‘surprised’ banks move their interest rates in sync
The ACCC has grilled bank executives and met with other financial bodies to better understand how mortgage rates have been set in the past
- Young Sydneysiders are less keen on homeownership
Many would rather rentvest than be tied down to a costly owner-occupier mortgage, according to new studies