Today’s trending stories in Australian home ownership and Home Loans.
- Will 2019 be the year for first-home buyers in Canberra?
Slowing house price growth, sharp unit declines and the upcoming abolition of stamp duty on all properties for first-home buyers in the ACT for those wanting to enter the market, this year is definitely presenting itself as an opportunity to do so.
Cass McGilvray and Sam Moorby are looking to make their first step into the market this year. They are searching for an established home on a block size of more than 600 square metres.
I… - House prices sinking at record pace
National property values fell one per cent in January 2019 with Sydney and Melbourne seeing record-breaking falls. The latest figures from CoreLogic…
- The Royal Commission could trigger big changes in home loans
The final report, which will be published on Monday afternoon, might recommend significant changes to how mortgage brokers get paid which,…
- Once worth a million: These Melbourne suburbs have dropped below the magic median price
Across Melbourne’s inner and middle ring, 16 suburbs have seen their median house prices drop below the magic $1 million mark, new data shows.
- Short sellers target banks as royal commission looms
… at a time when house prices are already falling, led by the biggest markets … the executive chairman of Commonwealth Bank-owned mortgage broker of … said banks were taking twice as long as previously to assess a home loan,…
- Once worth a million: These Melbourne suburbs have dropped below the magic median price
here used to be143 million-dollar suburbsin Melbourne out of reach for many buyers.Now, there are noticeablyfewer.
Across Melbournes inner and middle ring, 16 suburbshave seen their median house prices drop below the magic $1 million mark, new data… - The Sydney suburbs dropping out of the million-dollar club
A dozen suburbs have dropped out of Sydneysmillion-dollar house price club as the property market continues its steepest downturn in decades.
Roselands, Sutherland and Kellyville Ridge were among the suburbs, mostly 20 kilometres or more from the city centre,where the median house price dropped below $1 million last year.
Most areas to fall below the price threshold were in the citys south and Canterbury Bankstown area, where some buyers are now able to…