Top Stories in Australian Home Ownership March 18, 2019

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

  • Young couples and upsizing families target warehouse-style homes
    Warehouse-style homes sold strongly at the weekend as young couples and upsizing families both targeted the citys more idiosyncratic auction properties.
    A former shopfront in Fitzroy North attracted about 80 bids from four families before selling under the hammer for a bullish $1.584 million, $184,000 above reserve.
    Nelson Alexander sales director Arch Staver said the sale of the double-storey shop-house at <a href="…
  • Cautious Melbourne home buyers make offers subject to finance
    A rising number of buyers across Melbourne are making offers on properties with subject-to-finance clauses as the credit squeeze bites.
    The condition means that a sale only goes ahead if a prospective buyer can get the home loan they need to purchase a property.
    Agents across the city are seeing an increase in cautious buyers at every price point,and particularly in the entry-level segment of the market,insisting on the condition.
    It comes as banks have become…
  • The types of properties and prices most popular in Sydney over summer
    Buyers snapped up more than 120 Sydney properties a day over summer as prices across the city continued to fall, data shows.
    Almost 11,000 homes in greater Sydney sold between December and February, with more than one-third of sales in the citys west, south west and south.
    Three-bedroom houses were the most common property traded, withabout 2850 sales over the 90-day period,a Domain analysis of sales data shows.
    It appeals to nearly every single …
  • ‘These are encouraging signs’: Emboldened investors target harbourfront suburbs at weekend auctions
    Residential property investors targeted apartments close to the city at the weekend, with units in Wollstonecraft and Crows Nest and a townhouse in Lavender Bay all going to investment-focused buyers.
    Several banks have recently relaxed their lending standards for investors. At the same time, possible changes to negative gearing and capital gains tax if a federal Labor government is elected in May, are motivating some investors to bring forward purchasing decisions.
    At auctions …