Today’s trending stories in Australian home ownership and Home Loans.
- Life’s a beach, then you wallow in the luxury
Media personality andfilm reviewer, Jo Casamentos spiritual home would hands-down be a farmhouse in Avignon, France. Ive a serious love affair with French provincial style, says Casamento, whose European heritage informed the transformation of a large but plain, double-brick home into a palatial, three-level dwelling….
- Granny flats – turning backyards into gold
Mortgage Choice chief executive John Flavell is sceptical, saying it sounds … “It’s either an extension to a home loan; a loan secured over a mobile…
- Sydney’s priced-out buyers heading to Melbourne
Sydney is losing out as priced-out purchasers, desperate to get a foothold in the property market, increasingly turn to Melbourne to find more affordable homes to buy. …
- Melbourne property market: buyers limited by low stock
Sellers had the upper hand on Saturday with a significant drop in auction numbers in Melbourne forcing buyers to compete for fewer offerings.
About 730 properties went under the hammer, well below the 995 auctions held on the same weekend last year. But the slide in listings on Saturday didnot result in a big improvement in the clearance rate.
The Domain Group reported a clearance rate of 74 per cent from 582 reported auction results, which suggests that a solid contingent…
- The hottest luxury property market in the world is Auckland
Put the champagne in the chilly bin, bro. Move over Australia, New Zealand has the hottest luxury real estate market in the world.
Melbourne and Sydney have rich pickings for prestige property, but across the ditch, Auckland is the fastest growing high-end market.
International demand has driven a 63 per cent growth in sales of $1 million-plus properties in Auckland, according to research by global network Christies International Real Estate.
- Samantha Maiden: The sweet little deal that MPs don't want mug taxpayers to discover
It is a little-known tax ruling that allows federal MPs to claim their electricity bills, rates, rent, mortgage payments and even minor renovations as a tax…