Today’s trending stories in Australian home ownership and Home Loans.
- Bellevue Hill trophy sale of $19 million just the latest in spate of secret deals
Agents in Sydneys harbourside neighbourhoods have resorted to door-knocking homeowners in key areas as tight stock levels at the top end again become the hallmark of Sydneys prestige market.
The result is more off-market sales with buyers and vendors negotiating directly on price, often for much more or less than true market value.
Leading the off-market action this week was the Bellevue Hill trophy home owned by Francesca Harvey, wife of barrister Malcolm Gracie, …
- ACT's unique opportunity to improve housing affordability
It was about this time that John Howard remarked that no one ever came to him complaining about the increasing value of their home. As house prices continued to climb, and the number of those missing out on home ownership grew, more people expressed concern and demanded a political response,…
- Distressed $1 million-plus property sales a 'warning' to mortgage holders
The distressed sale of a $2.5 million luxury townhouse with sweeping views of Melbourne’s bay and skyline should be a wake-up call for financially-stressed property buyers, say estate agents. Realtor Andrew Fawell has valued four distressed or mortgagee sales in the past two weeks for houses…
- Proposal for Victoria’s first residential skyscraper over railway lines to go to VCAT
Plans for the first high-density apartment tower to be built over railway tracks in Melbourne have stalled after a local council rejected the proposal.
Several projects involving air space above the Sandringham train line have now hit similar planning snags, with developers taking their applicationsto the state planning tribunal.
Developer <a href="https://www.theage.com.au/national/victoria/plan-for-apartment-tower-to-hover-over-melbourne-railway-line-20170322-gv466…
- Borrowers can weather interest rates rise
Aussies can keep up with their home loan repayments when interest rates rise, says ratings agency