Top Stories in Australian Home Ownership January 18, 2020

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

  • Cooper Grace Ward helps acquire wealth-management business
    … this year, the deal includes a cross-referral agreement for Sequoia to act as the preferred wealth-advice partner of YBR’s mortgage broking network,…
  • Hall & Wilcox advises fintech company on equity raising
    … to make fractional investments in a range of asset classes, including property-related investments, mortgage-backed securities, and debt securities.
  • Rents fall by almost a quarter across some Sydney suburbs, report shows
    Rents in pockets of Sydney have been slashed by almost a quarter as new supply from the citys building boom continues to hit the market, new data shows.
    Despite the falls, experts say there are signs the citys rental market is starting to stabilise.
    Median unit rents across Sydney are now down $40 from their peak,after dropping 3.8 per cent over the year, according to the recently releasedDomain Rental Reportfor the December quarter 2019.</…
  • Rents in some Melbourne middle-ring suburbs rise faster than inner-city locales: report
    Melbournes middle-ring suburbs were home to some of the biggest rent rises in the city in 2019, outstripping traditionally sought-after inner-city havens, new data has revealed.
    Demand has been high for more affordable rentals near good schools, agents say, sparking double-digit rent increases throughout last year.
    Most of the top 10 suburbs for house rent rises were at least seven kilometres from the city, theDomain Rental Report for the December qua…
  • Home owners put brake on wealth of nations
    The resulting high rents and house prices make it hard for workers to move to … Is it possible to escape the home ownership fetish? … Some have responded with bad ideas such as rent controls or even more mortgage subsidies.
  • The Woden Valley suburb that’s flown under the property radar
    Hughes is like your classic residential suburb thats etched in your childhood memory playing cul-de-sac cricket with the other kids, knocking on your neighbours door for milk and going to the park until the street lights turned which signalled dinner time.
    The community feel in this Woden Valley suburb is next to none and its prime location between Deakin and Woden Centre continues to drive appeal among families and home buyers alike.

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