Today’s trending stories in Australian home ownership and Home Loans.
- Real estate price rises in regional NSW trump Sydney
IT’S still Australia’s most expensive city but growth in Sydney house prices is beginning to … housing boom, but local and foreign property investors have been leaving the Harbour City for cheaper locations, pushing up prices there.
- Market View: What is discounting in real estate and can I really bag a bargain?
For vendors, setting the right asking price is a hard task, particularly if a market is progressing quickly, irrespective of whether movement is up or down. The art is finding the market balance.
Discounting occurs when the balance isnt met so a vendor acceptsa figure below the initial advertised price.
Vendors can get a low offer early on, and it is a challenge whether to accept and have a speedy sale, or wait for a higher figure.
Under slow market condition…
- Bellevue Hill’s Belhaven estate of Stephen Johns sold for about $22 million
After removalist trucks pulled up at the Bellevue Hill home of corporate heavyweight Stephen Johns and future open inspections cancelled on Thursday it didnt take long for word to get out the historic Belhaven trophy home had sold….
- House prices fall dramatically in Sydney suburbs affected by WestConnex project
House prices have fallen dramatically in Sydney suburbs that have been affected by the WestConnex project, according to new Domain Group data.
The median house prices in the inner west suburbs of Haberfield and St Peters have fallen by 17.2 per cent and 9.2 per cent respectively in the past six months.
Across the inner west region as a whole the median house price grew by a modest 3.2 per cent during the same period.
Its the unknown, people are unsure of wha…
- Shane Watson lists Bronte house for sale for $10 million to move to Brisbane
Former Test cricketer Shane Watson and his wife Lee are selling their Bronte designer residence amid plans to relocate the family to Brisbane.
A guide of $10 million has been set for the hillside home they bought three years ago for $9 million from funds manager Aaron Rowe and his wife Tracey McKinley.
- Being loyal to your bank could be costing you $70000
This could save the typical Australian mortgage customer on a standard $300,000 30-year home loan more than $70,000 in extra interest charges…
- 6 ways to increase your yield in a tough market
And, as property investors, there’s one big problem facing most of us at this stage of the property market cycle: falling rental yields in the face of rising…
- The most common types of home loans
Home loans are the best way to get started purchasing your dream home, but there are so many kinds to choose from that it can get confusing. Heres a quick guide to the common types available on the market.
- Broker loans larger than direct: ANZ
The banks CEO has given some candid comments around brokers and thrown his support behind the third party channel
- 73% of investors opting for brokers
The number of investors seeking help from a broker is on the increase thanks to tighter lending restrictions in the market