Top Stories in Australian Home Ownership July 22, 2016

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

  • Home ownership in sharp decline
    Australia’s declining rates of home ownership are an indication that … There was also a slight decline in home ownership among persons aged 5564, … on stamp duty, which adds up to $60,000 over the life of an average mortgage.
  • WA government extends Keystart final bid date
    Pepper Group and mortgage firm AFG have also withdrawn from the auction. Macquarie Group is said to be weighing its options in the lead up to final…
  • The late Alan Bond’s Perth mansion sells as the price of Australia’s most luxurious homes plunge
    While the hoi polloi frets over housing affordability, a privileged few are taking their pick of luxe mansions, tropical hideaways and five-star penthouses.
    But highest-end buyers sometimes sweat over prices, with the asking figures of a few of Australias most prestigious properties slashed by millions of dollars over winters more subdued market.
    The former Perth home of the late business scion Alan Bond has sold in swish seaside Cottesloe, but below original <a hr…
  • The hidden tax that hurts renters: why we need a revolution in tenant rights
    Lower home ownership is not itself a cause for concern. … It’s likely that house prices will continue rising in 2016, as improved affordability … Currently, individual property investors are entitled to just one land-tax-free threshold,…
  • Online home loan marketplace exceeds $1 billion in loans
    HashChing, an online home loan marketplace, has surpassed $1 billion of home loans as momentum builds for the Sydney fintech company