Today’s trending stories in Australian home ownership and Home Loans.
- Bright times on the Sunshine Coast
There were plenty of happy vendors come Christmas Day on the Sunshine Coast, with the December quarter rounding out a strong year of growth. In December buyers were found for a Noosa River home in Mossman Court, which sold for close to the $5.95 million asking price, and for 29 The Peninsula Noosa Waters, which sold for more than $4.7 million….
- When gentrification lacks empathy: a case study
When we parachute into a city, whether for work or leisure, we are more sensitive to contrasts between the familiar places we leave behind and the new places we encounter….
- House prices are a blot on Mike Baird's record
At the federal level, the combination of negative gearing and the capital gains tax discount returns billions of tax dollars to property investors each year…
- Buyers taking out 40-year loans
In places where there are higher house prices and bigger mortgages the … A 40-year mortgage means that the mortgage burden could follow the buyer into … On a $300,000 year home loan with an interest rate of five per cent a…
- Desperate home buyers are signing up to 40-year-home loans
In places where there are higher house prices and bigger mortgages, the … up to a longer mortgage can be there to get something you can afford,” he said. … On a $300,000 home loan with an interest rate of 5 per cent, a customer…
- Longer term has little traction
On a $300,000 home loan with an interest rate of five per cent a customer with a 30-year term will pay $280,000 in interest charges compared to a…
- Foreigners continue to dominate commercial property
Australias commercial property market is surging ahead, driven by a significant cash flow from foreign investors