Top Stories in Australian Home Ownership February 8, 2020

Today’s trending stories in Australian home ownership and Home Loans.

  • First-home buyers to turn to smaller lenders, as available scheme places with major banks run out
    First-home buyers will need to turn to smaller lenders quickly to use a new government loan scheme to get onto the property ladder in the coming months, with all the places available from the big banks already taken up.
    More than 5700 Australians have signed up for the First Home Loan Deposit Scheme, which enables first-home buyers to get into the market with as little as a 5 per cent deposit without having to pay lenders mortgage insurance (LMI).
    All 5000 scheme po…
  • Historic Bishop’s Court in Adelaide listed for sale, set to smash city’s $7 million record
    One of Adelaides most historic properties has hit the market today for the first time since it was built more than 160 years ago.
    Bishops Court, home to the current Anglican Archbishop of Adelaide Geoffrey Smith and his wife Lynn, is expected to break South Australias $7 million house price record by several million dollars.
    The two-storey, seven-bedroom home, at <a href="…
  • Melbourne property listing numbers start to grow as market improves
    Melbourne home owners are becoming more willing to list their properties for sale after a tumultuous year that saw prices drop, then rebound sharply to near-record levels.
    Vendors have started returning to the market early this year, with the number of new listings rising, although experts say other owners are holding off to see if they can get a better price in a few months.
    It comes as the Melbourne auction market prepares to kick off again this month after a busier than usual…
  • Coronavirus leaves Sydney’s prestige market sick
    Sydneys prestige housing market is expected to be one of the casualties of the coronavirus after the traditional influx of high-end shoppers from China are forced to stay home….
  • CBA to ring up $4.4bn profit for first half
    The Commonwealth Bank is expected to report robust first-half profits of almost $4.4bn, helped by stronger mortgage growth than its peers, even as…
  • 2020 could be the year of 'sustainable finance'. Here's why.
    The green home loan offered by Bank Australia is backed by $60 million in funding from the Clean Energy Finance Corporation (CEFC), a statutory…