Today’s trending stories in Australian home ownership and Home Loans.
- Could you afford Melbourne’s cheapest house?
The cheapest house bought in Melbourne last year was a three-bedroom weatherboard, just 18 kilometres north of the CBD.
It didnt have a backyard and it had seen better days, but at just $227,000, the Dallas house was the literal bargain of the year.
In fact, it pretty much paid for itself. The tenants living there, paying $1100 rent a month, in theory cover repayments on a 5 per cent mortgage over 25 years, with a 20 per cent deposit ($45,400).
The house was near s…
- We live in a lighthouse-keeper’s cottage
Built in 1861, Smoky Cape Lighthouse sits high on the headland of Hat Head National Park in NSW and wasone of the most important lighthouses operating from this section of coastline.
Pat and Wendy Halverson, who live in the head lighthouse-keepers cottage, mightnot be saving ships at peril on the sea, but they do work hard at welcoming guests toenjoythe beautiful views and rich maritime history of Smoky Cape.
After years of experience in the intens…
- What lies beneath: uncovering the secret histories of our homes
When Imoved into my art deco apartment in St Kilda, one of the first things I noticed wasan old managers bell in the foyer that had long since been glued up….
- Big city house prices keep rising in double figures
Relentless price rises for homes in Sydney and Melbourne showed no sign of abating at the start of 2017, keeping the annual rate of capital city…
- Banks face grilling over surge in lending to property investors
With banks doling out loans to property investors with renewed enthusiasm, data released yesterday showed continued growth in house prices in the…
- What $850000 buys you in Sydney
Property investors in NSW comprise 58 per cent of the value of new … CoreLogic believe house prices will continue to grow nationally this year but at a … with low mortgage rates and strong population growth likely to keep a floor…
- Over 300000 home owners have no real equity
In the 12 months to October 2016, the latest Roy Morgan Research data has identified 6.9% (302,000) of Australian mortgage holders as having little…
- Broker pushes rent-vesting for Sydney FHBs
The director of a Sydney-based brokerage has provided advice for first home buyers on how to enter Australias hottest property market