| | Borrowers now have the edge
Sunday, 5 February 2012
Australia is entering a new low-interest-rate environment and smart borrowers should seize the opportunity to sift through the competitive loans on offer.
The Reserve Bank's decision in December t...
| Housing recovery driven by first home buyers
Friday, 20 January 2012
After two years of abstinence, home-buyers have been seen taking a sip from the debt bottle. Just a little one. First home buyers accounted for 20 per cent of total housing finance commitments taken o...
| Banks face home loan suit
Friday, 20 January 2012
AUSTRALIA'S banks could be facing a massive new class action over allegations that their mortgage lending practices have put thousands of families in severe financial stress or at risk of lo...
| Opposition: Come clean on Phillip Island zoning
Friday, 20 January 2012
Premier Ted Baillieu must explain his role in the dispute at Phillip Island involving his planning minister Matthew Guy, the opposition says.
Mr Guy is being sued over claims he failed to follow prop...
| Time to fight the financial system and set your own standard
Sunday, 8 January 2012
It's certainly not what you should be paying. So yesterday all four of the big banks finally passed on the quarter of a per cent Reserve Bank rate cut. Big deal - or not such a big deal, as the case m...
| Capital city home values up for the 1st time in 2011
Friday, 6 January 2012
Homeowners have received a bout of good news at year's end, with a private survey showing the first rise in capital city home values in eleven months.
Capital city home values lifted 0.1 per cent i...
| The heart is where the home is
Friday, 6 January 2012
A SMALL pocket of 1950s real estate on a sharp bend of the Maribyrnong River is the state's most tightly held suburb.
Home owners in Essendon West stay in the ubiquitous weatherboard Californian bung...
| Battlefield looms on coastal playground
Friday, 6 January 2012
A NEW suburban frontier is set to engulf once-sleepy holiday towns on the Bellarine coast.
In rezoned farm paddocks on the road to Torquay, a transformation is under way that began late in 2008 when ...
| Owners find homes are cracking under pressure
Wednesday, 28 December 2011
HEAVY rainfall after a decade of drought is thought to have caused cracking in the walls of hundreds of new homes in Melbourne's west, sparking calls for an overhaul of building standards from within ...
| Home buyers priced out
Sunday, 11 December 2011
DESPITE one of the worst property slumps in two decades, many first-home buyers are finding it harder than ever to enter the market, with research showing they need at least $100,000 after tax to buy ...
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Entries for 'SuperUser'SuperUser posted on December 11, 2011 09:35  When the system doesn't work, it appears dodgy builders can get away with almost anything. JO KEIGHLEY and her family wanted a bigger house, so in 2009 they went online and found a local registered builder. The builder issued a warranty insurance certificate, the surveyor accepted it and issued a building permit, and the Keighleys signed a $122,000 contract for an extension. [Read the rest of this article...] SuperUser posted on November 26, 2011 11:15  Rental markets across the capital cities can be split into two broad categories - those where rents are increasing and those where rents are flat. In one camp are those cities where vacancy rates remain low while rental demand is high - consequently, rents rise. In the other camp, vacancy rates and rental demand aren't as tight, creating little upwards pressure on rents. [Read the rest of this article...] SuperUser posted on November 24, 2011 05:44 Banks are tightening the screws on development sites that have breached borrowing covenants, pushing more into receivership with “at least” $1 billion worth of distressed property currently for sale. [Read the rest of this article...] SuperUser posted on September 26, 2011 15:08 Confidence seems to be worsening in line with global economic news. Melbourne's auction market seemed to falter yesterday in the face of its first big test of the spring selling season. The auction clearance rate fell to 53 per cent for the 599 auction results reported to the Real Estate Institute of Victoria. But this figure is likely to drop as the industry group tracks down the results of another 99 auctions still unreported. [Read the rest of this article...] SuperUser posted on September 16, 2011 11:56  VICTORIAN landlords could be forced to pay tenants up to $1800 for urgent repairs under laws introduced this month. Consumer Affairs Minister Michael O'Brien also yesterday announced rules that will compel real estate agents to report suspected unregistered rooming houses. [Read the rest of this article...] SuperUser posted on September 12, 2011 17:51 Commonwealth Bank's offer of a short-term discount to borrowers for any housing loan is a move that reflects the growing importance of online competition among Australia's major banks. Commonwealth Bank pledged to beat any advertised rate by ANZ, National Australia Bank and Westpac until the end of the September on new loans worth $100,000 or more, or new borrowings from existing customers of the same amount. [Read the rest of this article...] SuperUser posted on September 12, 2011 17:39 A TRIANGLE of wheat-belt towns nestled in a sea of green grain and yellow canola crops in Victoria's vast, flat Mallee country house many of the state's cheapest homes. Dwellings in Hopetoun, Birchip and Sea Lake, about 400 kilometres north-west of Melbourne, have median prices city residents can only dream about. But buyers beware: they're isolated, living costs are high and a good car is a necessity, not a luxury. [Read the rest of this article...] SuperUser posted on September 03, 2011 05:28 SEVERAL of Brighton's best homes are vying for a record price this spring, testing Melbourne's soft real estate market and defying top-end trends. The Moule Avenue beachfront home of Gribbles Pathology founder Wallace Cameron and his wife, Joan, will be put on the market this week with an estimated price of $25 million. [Read the rest of this article...] SuperUser posted on August 22, 2011 08:58 AUSTRALIA'S love of huge houses with extra bedrooms, a study, media or family room may be coming to an end but our homes are still the biggest in the world. The latest figures show the average new home built in Australia is still 10 per cent bigger than its counterpart in the United States and 9 per cent bigger than in New Zealand. [Read the rest of this article...] SuperUser posted on August 21, 2011 21:10 If there's a Logie for making something out of nothing, The Block 2011 Grand Finale must be a shoo-in for crafting two hours of television from an auction at which three out of four houses failed to sell. That downbeat result left highly unfancied couple Polly Porter, 24, and Warwick "Waz" Jones, 27, as winners by default of the reality television renovation competition. Their house sold for $855,000 on a reserve of $840,000, leaving them to pocket the $15,000 difference plus a $100,000 cash prize. [Read the rest of this article...] | | |
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