A new report from Cotality, formerly CoreLogic, reveals more than four in 10 homes across the combined capital cities now have a median value of $1 million or more.
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Australians who invest in property are typically risk-averse people who perceive bricks and mortar as a safer and simpler investment than shares, bonds and other assets says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Now that we know Labor has been returned, let’s review what this means for first home buyers, says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Cyclone Alfred serves as an important reminder to all home owners and investors to keep your property insurance policies up to date to protect what are usually your biggest financial assets, says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Affordability challenges in coastal and country towns where home values have grown significantly in recent years are one factor slowing price growth today says John McGrath, McGrath Estate Agents CEO.
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Investors are back in full force in the property market, with the latest lending data showing 37.1% of new home loans by value went to investors in May. That’s the highest percentage in seven years. One factor encouraging investors back into property is good buying opportunities across the lower price brackets.…
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