Top Stories in Australian Home Ownership November 20, 2016

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

  • Melbourne’s sandbelt undergoes an apartment development boom
    Its known as the sandbelt the stretch of suburban Melbourne that starts atBrightonand heads south and east. And for years, it has attracted people for that very reason: it was suburban.
    But as Melbournes development boom has pushed outwards, sandbelt residentshave found that construction is, quite literally, on the way up.
    More and more swaths of what wereonce low density areas are being swallowed up by theballooning number of&…
  • Act quickly when buying a home in fast-selling Canberra suburbs
    Buyers looking to purchase a home in certain suburbs need to act fast. On average the time to sale for a home in Canberra and Greater Queanbeyan is 62 days but some suburbs fall vastly below this benchmark….
  • Auction watch: Biddding heats up with another Gungahlin record
    Sizzling heat wasnt enough to dampen Saturdays auction market with hammers falling across Canberra and another record cemented.
    A contemporary five-bedroom house at 31 Ben Blakeney Street in Bonnermarked the sixth suburb record to be broken in the ACT in the past three weeks.
    Luton Properties Gungahlin agent Nick Paine said about five of the s…
  • Second penthouse in Sydney’s Opera Residences breaks Australian apartment record with $27 million sale
    The remaining penthouse in the Opera Residences development at Circular Quay sold on Saturday to a local buyer for $27 million, heading up the projects sell-out success on the day.
    The 104 apartments on offer in the luxury development on the site of the old Coca Cola Amatil building totalled $500 million worth of real estate sales this week.
    The new national apartmentrecord comes just days after the buildings other penthouse sold for $26 million to an eastern…