Top Stories in Australian Home Ownership October 1, 2016

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

  • Apartment of the Week: Cove Avenue, Manly
    Early last century, most of the harbour side of Cove Avenue was an unkempt reserve, purpose unknown. It was also called Stuart Avenue and often confused with nearby Stuart Street. The two Stuarts perplexed posties, census staff and visitors for close to 100 years until 1986, when it finally became Cove Avenue….
  • Perth property: what to see this weekend
    If youre popping out to inspect properties this Grand Final weekend, here are some stunners that may well win you over.
    50 Duncraig Road, Applecross
    5 bedrooms, 6 bathrooms, 4 carsPrice:Expressions of interestOpen:Saturday 2pm-2.40pm
    Floor-to-ceiling glazing maximises the river outlook from th…
  • Chinese property buyers flock to Melbourne for Golden Week
    Tougher lending criteria has put a brake on Chinese demand for Australian property, but Melbourne agents stillexpectto clock up millions in sales following one of the biggest weeks in the year forforeign buyers.
    As Melburnians turn their eyes from real estateand towardsthe MCG,Chinese buyerswill be flocking to the city and shownsomeof its best homes.
    Chinas Golden Week isalucrative sales season for ma…
  • Out of town: Wamberal scores a double whammy
    On the Central Coast the Wamberal holiday spot has scored two top beachfront sales in the past week, headlined by the more than $7 million record set by property developer and investor Jason Gazal.
    The exact result will await settlement on Gazals Pacific Street property given no comment by McGraths Mat Steinwede and Trevor Hamilton, but it is tipped to have sold inside its $7 million to $7.7 million guide.
    At that level it tops the suburbs $6.2 million high …
  • Survey of Foreign Exchange and Derivatives Markets
    Media Release Number 2016-21: Survey of Foreign Exchange and Derivatives Markets – additional data available.
  • Brokers 'critical' to ME's growth plans
    We’ve also refreshed our home loan pricing structure based on LVR and loan-size, effectively tripling our pricing options and making us competitive…
  • 'Fast turnaround times' drive surge in mutual's portfolio
    Further, Newcastle Permanent’s CEO said that home loan approvals came … He commented: For mortgage brokers, dealing with organisations with…
  • Broker commissions 'highest they've ever been'
    Speaking to The Adviser, principal of Digital Finance Analytics Martin North explained that having tracked the mortgage industry for more than 30…
  • Brokers 'critical' to ME's growth plans
    This will let brokers access clients’ home loan accounts so they have more … In a bid to further improve the home loan application process over the…
  • Rising house prices mean more debt, less work: Report
    Rising house prices in Australia are impacting household debt levels and labour participation rates according to research from the University of Sydney
  • Loan book growth drives building society profit
    Building society Newcastle Permanent has delivered a net profit after tax in excess of $40m, with growth in its loan book a key contributor to the result.