Top Stories in Australian Home Ownership May 26, 2019

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

  • Two Glebe families switch houses in rare neighbourhood sale
    No longer the realms of reality TV, two Sydney households have decided to swap homes. This time its permanent.
    Glebe resident Sophie Townsend had decided to downsize and put her Hereford Street home on the market, despite dreading the idea of an auction and the uncertainty of an imminent move.
    I hate this sort of stuff, Id been thinking of selling for quite some time and we just needed a change, said Ms Townsend….
  • To have an SMSF, you need to be actively engaged
    I am 68, single with no dependants, own my home worth about $1.65 million, plus an investment property worth $1.5 million, with a mortgage of $1.1…
  • 'I'm not living, I'm existing': no easy fix for rooming houses
    Barry’s* life wasn’t always like this. He worked for years in a well-paid role as an account manager with Telstra and had a mortgage on the house…
  • Home borrowers set to receive $100000 lending boost
    The regulator now proposes borrowers be tested for their capacity to meet repayments at the prevailing mortgage rate – currently around 3.75 per cent…
  • The Melbourne suburbs where house prices are back to 2015 levels
    The price falls of recent years have come amid a clampdown on mortgage lending, but sentiment in the property market ticked up this week after the…
  • The Melbourne suburbs where house prices are back to 2015 levels
    Property prices in some Melbourne suburbs are back to mid-boom levels, following the sharp correction the market experienced after years of runaway growth.
    A total of eight suburbs have fallen to back to levels last seen in 2015, including Balwyn North, Caulfield North and Kew.
    And a raft of suburbs are now at the same price point as they were in 2016 including sought-after areas such as Brighton, Flemington and North Melbourne, analysis of Domain data shows.
    The price fa…
  • The Sydney suburbs where property prices have slipped back to 2015 levels
    Savvy Sydney buyers can snap up houses in a handful of suburbs for prices last seen in 2015 as the property market continues its slide, but they should be prepared to still pay well over the magic million-dollar mark.
    The citys housing market peaked in mid-2017 and prices have dropped since but remain at eye-watering levels for first-home buyers trying to get into the market.
    And analysts are already starting to look towards the bottom of t…
  • Cottage in Sydney’s Lilyfield soars $105,000 above reserve at auction for $1,545,000
    Buyers made spirited bidding at auctions in Sydney on Saturday, with agents expressing quiet confidence that sentiment has shifted in the past week.
    Industry players reported the citys property market may be turning around after the federal Coalition returned to government, coupled with the bank regulators proposal for buyers to be able to borrow more money and a likely imminent interest rate drop.
    Dozens of people spilled out onto the stre…