Top Stories in Australian Home Ownership January 18, 2018

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

  • Housing affordability surges in WA
    … in Sydney and Melbourne cool, although in New South Wales home owners still pay an average of 36.1 per cent of their family income on home loan repaymentssignificantly more than West Australians do, Groves said. While the dream of home ownership remains a challenge on the East Coast,…
  • Bank of mum and dad among the top 10 lenders in Australia
    The number and value of loans made to first-home buyers by the bank of mum and dad have increased dramatically, and now total an estimated $20bn, according to the latest analysis by Digital Finance Analytics (DFA). This places the bank of mum and dad among the top 10 mortgage lenders in…
  • Demand for home loans grows for the second straight month
    Latest figures from the Australian Bureau of Statistics (ABS) revealed that the value of Australian home loan lending jumped for a second consecutive month in November, thanks to the boost in owner-occupier and investor demands. According to the statistics bureau, total lending value grew by 2.3% to…
  • Sea-changers push Mornington Peninsula unit rents up 11 per cent
    Units for rent on the Mornington Peninsula have seen the highestprice growth across Melbourne for the year due to high demand from seachangers and holiday renters.
    The Domain Group Rental Report, released on Thursday, showed the median askingprice for rental units on the Peninsula increased by 4.4 per cent for the December quarter, and 10.9 per cent for the yearto $355.
    Melbourne as a whole had the second-highest growth forrental asking…
  • Demand for home loans grows for the second straight month
    Figures from the statistics bureau paint a rosier picture for home lending, thanks to the increased demand from owner-occupiers and investors.
  • High mortgage exposure slows bank profit growth
    High property prices and household debt pose risks to banks 2018 performance, says Fitch