Today’s trending stories in Australian home ownership and Home Loans.
- What is driving Canberra’s strong auction clearance rates?
With January in our rearview mirrors, the Canberra property market has well and truly taken off with preliminary Domain data recording the citys auction clearance rate at 90 per cent on Saturday.
There were 41 scheduled auctions.
This comes off the back of the previous weekends clearance rate of 83 per cent out of 51 scheduled auctions.
According to Domain Group economist Trent Wilshire, the preliminar…
- Spotlight CEO lists stunning Kooyong house with price hopes of $8 million to $8.8 million
Curious about how the professionals decorate their own houses?
Spotlight chief executive Quentin Gracanin has listed his Kooyong residence for sale after a top-quality renovation and the interiors are striking.
- Coronavirus outbreak: Melbourne rentals sit empty as students wait in China
Melbournes rental market is feeling the effects of the coronavirus outbreak, as student apartments sit empty while their potential tenants wait in China for Australia to lift its travel restrictions.
There arefears that if Chinese students dont arrive soon, the apartments may stay empty for the rest of the year.
Belle Property Carlton director Scott McElroy said there were between 20 and 30 properties on their books that had be…
- Why western Sydney is a magnet for investors
With the latest ABS statistics indicating a fourth straight quarter of rental investor housing finance growth, it appears that Australias private landlords are rediscovering a taste for house buying….
- Pick up in wages growth unlikely as consumers commit to paying off debt
… positive wealth effect of rising house prices could give a boost to struggling car dealerships and support jobs creation in the construction industry.
- The perks of rentvesting revealed
Property investors priced out of the major metropolitans can look at rentvesting as a strategy to grow their capital without adding mortgage stress,…
- Would you buy a home with a stranger?
A new digital platform is turning the traditional notion of home ownership on its … Mortgage Mates is a new platform dubbed an innovative solution to the … uptake from users due to the negative impact of rising house prices. … news and updates – join a community of over 80,000 property investors.
- Surging house prices have put the RBA on the back foot, preventing another interest rate cut
As Sydney and Melbourne continue their rapid house price recovery, and with strong growth forecast nationally in 2020, the Reserve Bank of Australia…