Today’s trending stories in Australian home ownership and Home Loans.
- Apartment of the week: Glamorous Camperdown home offers sky-high serenity above Sydney
There are more than 1000 apartments in City Quarter, but once youre sky-high in Trio South, you would never know.
Surprisingly private, this 15th-floor apartment doesnt gaze into any other buildings. Facing north-west, it instead captures 270-degree views across Sydney.
The city skyline and Sydney Tower are visible from the balcony, the Harbour Bridg…
- Lifestyle and jobs attract more city families to nest in thriving Mudgee NSW
Mudgee is a small picturesque town set in rolling hills its name derived from the Wiradjuri term Moothi meaning nest in the hills 260 kilometres north-west of Sydney.
It was first settled by Europeans in 1821 and in the 1850s was home to as many as 20,000 people who came to the area following the discovery of gold in nearby sites such as Gulgong, Hargraves, Sofala and Hill End.
But that didnt last long and by the end of the 19th century, the …
- Lilyfield: The inner-west Sydney suburb luring families from the north shore
Enormous blocks, backyard tennis courts, resort-style swimming pools you wont find many of these in Lilyfield….
- It All Adds Up podcast – episode 1: The great Australian property 'illusion' exposed
And there’s never been more money at stake in you super, your mortgage and … Subscribe now to hear Gittins defend home ownership as a “basic … of higher property prices: “The idea that ‘Isn’t it great, house prices have gone up,…
- MyState hikes deposits on new property loans to 50pc
MyState, the listed financial services group, is following AMP Bank and effectively closing the door on many property investors by more than doubling…
- RBA chief sees 'half-glass full' outlook
… household debt was rising and house prices were high in the largest cities. … that it makes them harder to repay their mortgage debts,” Mirenzi says.
- Sydney property dreams to own a home still positive in the west but not in the east new survey shows
She pointed out that around 48 per cent of mortgage approvals over the last 12 months have been for medium- and … Ms Madden also noted people in outer suburban or rural areas were more positive about home ownership.
- Rate rises driving up arrears
A rise in the number of delinquent home loans has been a result of recent rate moves by the banks, says one global ratings agency
- 60% of Australians fail basic banking literacy
A new poll has found the average consumer lacks knowledge in comparison rates, mortgage repayments and more
- Long-dreaded housing crash unlikely, says NAB
While house prices and construction levels remain elevated, the triggers for a major price fall seem absent, according to the bank’s economists