Top Stories in Australian Home Ownership September 28, 2019

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

  • Mirvac chief Susan Lloyd-Hurwitz buys into the Eastbourne
    She has noted securing her mortgage had been a painful process. It’s tortuous, she says. The scrutiny can get nonsensical. Title documents…
  • Which financial records do I need to keep?
    Property records that should be kept include property deeds, mortgage papers, renovation approvals and warranties relating to building works.
  • 'Blank cheque': Fears of blowout in first home-buyer scheme
    This would help avoid paying the “lenders mortgage insurance” typically …. the committee it was unclear if the scheme would boost home ownership…
  • 'V-shaped' housing recovery tipped after RBA comments
    Reserve Bank governor Philip Lowe said house prices had risen for a few months in a row but argued that prices had previously fallen for about 18…
  • Sydney’s biggest auction Saturday since April to test city’s strong clearance rate
    Sydney is set for a bumper auctionSaturday, with more than 700 properties to go under the hammer on the second busiest selling day of the year so far.
    I think its a big test for the market leading into the October long weekend, said Thomas McGlynn, The Agencys national head of sales and chief auctioneer. But I really do think the market is up to it.
    There are 734 auctions sc…
  • Melburnians rent out car parks to help save for a home or pay the mortgage
    Thousands of Melburnians are renting out their parking spaces to help pay the mortgage, pay utility bills or save for a deposit.
    Commuters are chasing well-located car parks close to work in the CBD, hospital precincts and the airport as Melbournes congestion worsens.
    Car park owners may not have a car themselves but still want a property with garaging space as this can add as much as $100,000 to an apartments future sale price, experts say.
  • Future home buyers more willing to move to the country than a ‘less desirable’ suburb: survey
    More potential home buyers would be willing to move to a regional town than choose a less desirable suburb, according to a new survey.
    Nearly half 46 per cent would pick a property that didnt tick all the boxes, the CoreLogic Perceptions of Housing Affordability report, released on Friday, found.
    Some38 per cent of respondents said they would opt for a more affordable type of housing.
    When it comes to a tree change, 28 p…
  • Market shaping up to be a prime time for Canberra home owners looking to upgrade
    For Canberra home owners looking to upgrade, now might be the prime time as the market starts to turn upwards and there is increased demand for entry-level properties.
    After a slow first-half of the year for the capitals property market, buyers are now back in the game with force, according to agents.
    Two interest rate cuts, and a possible third to come, have pushed up demand as buyers borrowing power has grown.
    <img alt="Streetscapes_34_cekapm" src="https://r…