Top Stories in Australian Home Ownership May 18, 2016

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

  • Winding back negative gearing would not hurt housing demand, forecasts NAB
    That has prompted the government to warn of a slump in house prices and a drop in rental property availability. The government says it will not change…
  • Cairns property prices fall as growth slumps
    Once hailed as the bright light of the regional Queensland property market, Cairns has seen prices fall flat in a surprise turn.
    Both house and unit price growth hadslumped to unexpected figures inthe past year, according to new Domain Group data.
    Cairns median house price dropped 1.9 per cent to $407,000 over the March quarter, despite growth of 10 per cent in the past five years.
    Domain Group chief economist Andrew Wilson said the market hastake…
  • WA borrowers put faith in fixing
    New statistics from Mortgage Choice show the number of homeowners … When was the last time we saw fixed home loan interest rates with a three in…
  • ‘The greatest family home ever to be put to the market’ could be yours
    A historic Queensland property in Wavell Heights described as the greatest family home ever to be put to the market on Brisbanes north side is now up for sale.
    The grand 1908 home, perched on a manicured 2011-square-metre estate, is iconic to inner Brisbane andwidely admired for its incredible views, stunning period features and beautiful grounds.
  • Australian Banks Post Reporting Season
    Analysts also suggested that any benefits arising from mortgage repricing in the period would be eroded by funding costs and competition, and that…
  • Domain: Property investors "storm" back into Sydney market!
    Property investors are pouring back into the Sydney market, with low … First, the article is clearly designed to confuse March mortgage data (in the…
  • Lenders cut fixed rates
    A wholesale funder and non-major lender have both announced fixed rate home loan reductions