Today’s trending stories in Australian home ownership and Home Loans.
- Afterpay boss David Hancock upgrades to Paddington for $7.6 million
Afterpay Touch head David Hancock has made good on his recent $12.7 million pay day by taking the keys to a Paddington house on Friday for $7.65 million.
The Espie Dods-designed residence is set to be a return to Sydney for Hancock and his wife Fee, who sold their Centennial Park home in 2015 for $7 million to move to the Southern Highlands.
Hancock bought the Bowralproperty Kurkulla in 2015 for $3.775 million.
<img alt="Afterpay cofounders David Hancock, Antho…
- Sydney auction clearance rates take a hit in spring, but growth predicted in 2019
Spring is renowned as the hottest auction season but this year was more subdued, with just two Sydney regions scoring clearance rates above 50 per cent.
The city and eastern suburbs and the lower north shore were the best performers, but no region was immune to changing market conditions every part of the city experienced a decline compared to last spring.
All regions of Sydney had their clearance rates affected by…
- Having children or saving for a house? The costs add up
As the cost of living continues to rise, many young Australians are putting their plans for a family on hold to try to break into the property market.
The high cost of housing, particularly in Sydney and Melbourne, is one of a number of factorspushing up the average age at which mothers have their first child, said Australian Institute of Family Studies director Anne Hollonds.
With the majority of young people now studying longer, Ms Hollonds said they were living longer w…
- What the? Noosa unit now more expensive than a Brisbane house
Records were broken on both the Gold Coast and Sunshine Coast, with the median house prices for both regions hitting new highs of $580,000 and…
- Brisbane house price hits new record: What is your home now worth?
Dubbed the nation’s quiet achiever, Brisbane house prices have grown almost 30 per cent in the past five years thanks to steady, sustainable growth,…