Top Stories in Australian Home Ownership June 26, 2017

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

  • Buy, rent it, live with your parents
    Ms Ceravolo expects the apartment will rent for $330 a week, which will cover her $320-a-week mortgage. I hope to rent it out and have someone…
  • Armadale home surges $900,000 over reserve
    Houses sold more swiftly than apartments at weekend auctions in Melbourne, with one cleverly renovated period home in Armadale surging more than $900,000 above reserve.
    The mid-winter markets dwindling stock levels also helped a land-only property in Kew shoot $350,000 past its reserve. And in nearby Abbotsford, an extended double-fronted Victorian house drew offers from nine bidders in one of the most hotly contested auctions seen in inner Melbourne this year.
    Despite th…
  • Five great south east Queensland hinterland homes on the market right now
    Do you love city and ocean views? You can generally have both if you turn your eyes to the Gold and Sunshine Coast hinterlands, where you might be able to find a house with what youre looking for.
    Larger blocks of lands in the mountains lining south east Queenslands beach towns mean that theres also lots of large, private estates dotting the countryside, built to make the most of the land holdings.
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  • Australian banking customers are paying $4.4 billion on unnecessary fees
    RateCity calculations found the average home loan customer was spending on average almost $500 a year on banking fees, including $240 a year in…
  • 'Ticking time bomb': Older Australians face housing crisis
    An Australian who doesn’t have a mortgage by 45 will enter retirement renting, research suggests. … We are already starting to see rates of home ownership by older … and the difficulty of convincing a bank to provide a home loan.
  • Slow road to recovery as Perth house prices hit bottom
    Perth home prices have bottomed out and will start to rise albeit slowly from next year, while Sydney property is about to go in reverse, a new…