Top Stories in Australian Home Ownership January 5, 2018

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

  • How does your portfolio compare to the average investor?
    The 2017 Property Investor Sentiment Survey showcases insights from over 2200 property investors and would-be investors across the country. Running since 2011, it offers rich and vibrant insights into how property consumer trends and sentiments have changed over time. The full survey can be read…
  • Rents post double-digit price growth in top suburbs on eastern seaboard
    Mr Shearn expected rents to continue to rise this year as home ownership remained out of reach for many. … Ray White Byron Bay sales agent Damien Smith said this time a year ago, crowds of Sydney and Melbourne residents were moving to the lifestyle destination to escape high house prices.
  • No winners in this farcical case
    Second, US mortgages are “non-recourse”, meaning the lender could not look to a borrower’s other assets. Third, loans in Australia which have a high loan-to-valuation ratio are subject to mortgage insurance, shifting the risk away from the bank. There is no sign of stress in those firms offering mortgage…
  • Property investor Nathan Birch sued over Gold Coast mortgage default
    Cracks are appearing in the residential investment market, with well-known Sydney investor Nathan Birch sued by his lender after his company defaulted on a $535,000 high-interest mortgage for a Gold Coast investment property. Mr Birch, who claims to have a net worth of $30 million and earn…