Today’s trending stories in Australian home ownership and Home Loans.
- Low interest rates draw more bidders into Melbourne’s auction market
Thelow-interest-rate environment is spurring a broad spectrum of buyers to compete at auctions, with upgrading families, Gen-Y buyers, baby boomers and investors all active in the market on Saturday.
Agents say first-home buyers are more prepared to tackle investors for sub-$700,000 properties in Melbourne following the Reserve Banks quarter-point cut to official interest rates last month.
This is the third lowering of official rates since February 2015. Many market…
- Melbourne’s secret small suburbs that punch above their size
In Melbournes Notting Hill, there is no sign of actor Hugh Grant, but there are A-list level homes.
The citys smallest suburbs carry enormous cachet, and have some of the most expensive property.
But their real estate can be under the radar, with agents sometimes reluctant to market their Lilliputian location, fearing house hunters wil…
- Stars on Sunday: Trevorrow returns to Sydney market
Comedian Mark Trevorrow sold out of the Sydney property market and his Potts Point pied-a-terre in 2010 because the pressure of maintaining a mortgage in this town was cramping his creative style….
- Market Talk: APRA figures show decline in investor, high risk lendin
The full impact of investment lending changes are now being seen as analysis of APRA figures reveals trends that are “positives for the stability and security of the Australian mortgage lending market”