Top Stories in Australian Home Ownership August 9, 2016

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

  • Heidelberg Heights house prices reaching new peaks
    House prices in Heidelberg Heights have grown 12.5 per cent in the past year to a median of $692,000, well above the 7.4 per cent growth rate of…
  • Heidelberg Heights house prices reaching new peaks
    Heidelberg Heights hasbeenasuburb stuck inthe middle:wedged between prestigiousYarra-frontingpostcodes and one of Melbournes most infamous crime and povertyblackspots.
    But the middle sister of the north east is nowmaking itsdebut andbuyers with deep pockets are taking notice.
    Houseprices inHeidelberg Heightshave grown 12.5 per cent in the past year to a median of$692,000…
  • Italian medieval castle on sale for the first time in 650 years
    An 80-roomItalian castleowned by the same family sincethe fourteenth century is set to change hands for the first time in nearly 650 years.
    Castel Valer, located in the foothills of the Dolomites, was constructed over half a millennium from 1200-1700 and was acquired by the Spaur family in 1368.
    The estate, which combines architecture from the Romanesque, Gothic and Baroque eras, has previously been valued at over 31 million euros ($45.2 million).
  • Banks told justify rates move
    Bendigo and Adelaide Bank managing director Mike Hirst on Monday defended lenders’ right not to reduce home loan rates by the 0.25 per cent the…
  • CoreLogic changes price methodology but doesn't tell RBA
    … the three months to May, as they were justified by other housing market measures such as strong mortgage-related activity and high clearance rates.
  • Banks will find it harder to cut mortgage rates if RBA keeps cutting: Bendigo
    Banks will find it increasingly difficult to cut their mortgage interest rates if …. Bendigo matched, with a 0.1 percentage point cut in its home loan rates.