Top Stories in Australian Home Ownership November 5, 2019

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

  • Australia’s cheapest and most expensive suburbs for buying a house
    Cashed-up home-buyers looking for the most expensive suburb in Australia should be heading to Vaucluse in Sydney, while those looking for the ultimate bargain should head to Elizabeth Downs near Adelaide.
    These are the suburbs with the most expensive and most affordable house price medians close to a capital city, new Domain data shows.
    Sydneys uber-exclusive suburb of Vaucluse sits atop the list with a median house price of $6,042,500, the…
  • Hobart’s high-end property market: What’s on offer, and what does it take to buy in?
    For many prestige buyers, Hobart represents an affordability eden, where grand estates and glossy seaside weekenders can be snapped up for a fraction of what they would cost in Sydney or Melbourne….
  • Pressure on government to match super-backed reverse mortgage
    Pressure on government to match super-backed reverse mortgage … GC Mutual Bank charges 5.47 per cent for its “retirees access” home loan,…
  • APRA to keep close eye on investor activity rebound
    APRA had previously introduced caps on interest-only and investor lending growth and had also set a 7 per cent interest rate floor for mortgage…
  • Low units and house prices offer attractive yields in Cairns: HTW residential
    Due to a decade of subdued levels of construction, positive population growth, reasonably flat property prices and increasing rents, the Cairns…
  • Sydney auction report card: October 2019
    The auction clearance rate in Sydney for October was 70.8 per cent, based on a collection rate of 96 per cent.
    The clearance rate has reached its highest level since April 2017, around the peak of the market. The October clearance rate is 1.3 percentage points higher than in the previous month, and is 27 percentage points higher than in the previous year.
    Despite the higher clearance rate level, the volume of auctions across Sydney fell by 1…
  • Perfect party pad: Ultimate Noosa Waters entertainer, complete with nightclub, up for sale
    Dreaming of a holiday home thats quite literally got it all? With a water frontage of 60 metres and two private jetties, this expansive Sunshine Coast waterfront spread is turning heads and should attract some deep pockets.
    Set on a 2976-square-metre block and dubbedHayven, it has 13 bedrooms, 12 bathrooms and room for more than 30 guests, which along with a 25-metre pool, cabana, and an actual nightclub make it a pretty impressive place to entertain.
    The home also …