Today’s trending stories in Australian home ownership and Home Loans.
- Once million-dollar dropouts, in these Melbourne suburbs house prices are back up above $1 million
When Sul Thompson and his wife Mamiko Nakada bought their Blackburn South house in 2011, they had no idea it would one day be worth more than $1 million.
I dont think we were market-savvy enough to really have an idea of what was going to happen, Mr Thompson said.
The couple bought the three-bedroom home for $690,000 and were attracted to the middle-ring suburb in …
- ‘Seller’s market for quite some time’: strong buyer demand, slow listings see price growth to continue
Sydney home owners are waiting for property prices to rise even further before they list their homes for sale, experts say, as new data reveals listings have slumped over the past year.
Sentiment has turned swiftly and, within the space of six months, home owners have once again found themselves in a sellers market.
There are 24,062 properties for sale in Sydney, on figures from SQM Research a 24.8 per cent slump compared to this time las…
- Mosman scores first trophy deal of 2020 with sale of $23m Adamo family home
Sydneys trophy home market racked up its first big-ticket deal of 2020 on Saturday thanks to the sale of the palatial Mosman mansion of prominent dentist Daniel Adamo and his wife, former recruitment boss Katie.
High-end listings in Sydneys largest prestige suburb have been scarce since the bull run of 2018, forcing buyers to dig deep to secure the few offerings for sale.
The couple listed the <a href="https://www.domain.com.au/28-ruby-street-mosman-nsw-2088-201603…
- 70% of employees worry about money at work
Meanwhile, in the highly scrutinised home loan market, mortgages were also on employees’ minds, with people in … worry about being able to afford to enter the mortgage market as a greater concern than paying their mortgage.
- First-home buyers to turn to smaller lenders, as available scheme places with major banks run out
More than 5700 Australians have signed up for the First Home Loan … a 5 per cent deposit without having to pay lenders mortgage insurance (LMI).