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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During my 40 years in real estate, I have witnessed the market adapt to change in many innovative ways says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Seachanging and treechanging has broadened to city switching, with more people moving states to retain the buzzy city lifestyle in a smaller and more affordable capital city, says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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For decades, open plan has been the much preferred floor plan format, but times are changing as more families seek homes with multiple living spaces and separate rooms 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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A new CoreLogic survey shows 63% of Australian adults own at least one property – either their own home or an investment, says John McGrath, Chief Executive Officer of McGrath Estate Agents.+
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The Autumn auction season is now in full swing, with more than 2,500 homes nationwide going under the hammer each week. Early signs are very positive, with the national clearance rate hovering around the mid-65% mark in February. That’s about the level we saw in early Spring last year before the…
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Prestige Australian waterfront residences are among the world’s most valuable and sought-after properties says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Hobart has a reputation for being a vibrant food and culture destination, with a beautiful coastline and fascinating history. Now the Tasmanian capital may be about to earn another label – the home of a comparatively affordable housing market says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Last year was a landmark year for Brisbane, with the Olympics host city briefly taking the silver medal position among Australia’s capital cities in the property price stakes, says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Price growth was generally strongest in the more affordable suburbs of the capital cities and regions last year. CoreLogic data shows that in every capital city bar Canberra, growth was highest in the lower price quartile of the market. A key reason for this is higher-for-longer interest rates, which continued to…
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Now that inflation is within the Reserve Bank’s target band of 2-3 per cent, a February rate cut seems very likely according to both the Commonwealth Bank and ANZ. But how would an earlier-than-expected interest rate cut affect the Australian housing market in 2025? PRICE MOVEMENTS An early interest rate…
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At the start of 2024, price growth nationwide strengthened across the lower price brackets as people made compromises says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Melbourne is one of the markets that has shifted into low gear, as changes to land tax and better housing supply has kept prices relatively flat says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Everybody wants to buy at the bottom of the market, but how many people actually achieve that goal? Why waiting for lower house prices is costing you big time
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We’ve now got this historically large generation of Baby Boomers reaching their 60s and 70s, and many of them are deciding to downsize or relocate now says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Despite higher interest rates and cost-of-living pressures, there are a lot of first home buyers in the marketplace across Australia says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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The higher supply of homes for sale this Spring is taking some heat out of the market, according to the latest CoreLogic data. During the month of October, there was lower price growth in the best-performing capital cities of Perth, Adelaide and Brisbane, and we saw the first slip in…
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As we head into November, sellers may be interested to hear of new PropTrack data indicating this may be the best month to sell says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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The new 2025 McGrath Report, reveals four major East Coast market trends as well as my top 21 suburb picks for the new year in NSW, Queensland, Victoria and Tasmania says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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In the first month of this Spring season, we saw the highest number of new listings come onto the market since 2021 says John McGrath, McGrath Estate Agents CEO.
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The number of Australian suburbs with a $1 million median price for either houses or apartments has reached a new record high according to new CoreLogic data.
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New supply begins under National Housing Accord and it's interesting to see what happens when you raise the supply of new homes, particularly apartments, in the marketplace.
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One in three Australians who bought their first homes in FY24 did so with the help of the Federal Government’s Home Guarantee Scheme says John McGrath, McGrath Estate Agents CEO.
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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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The busy Spring season begins this week and selling conditions are favourable in most markets across the country says John McGrath, McGrath Estate Agents CEO.
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Many factors will determine how long it will take to sell your home. Some are within your control, such as the quality of your marketing; and some are not, like selling conditions in your local area says John McGrath, McGrath Estate Agents CEO.
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Over the past three months, apartments have recorded higher price growth than houses in every capital city except Darwin and Canberra, which both have higher levels of supply at the moment says John McGrath, McGrath Estate Agents CEO.
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Rents are barely rising at a national level, and are even starting to fall in some capital cities, providing relief for tenants after several years of very strong price growth amid historically low vacancy rates
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If you’re thinking of selling soon, here’s why you should consider doing so in Winter.
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Strong selling conditions across most markets led to the highest level of profitable resales nationally during the March quarter since July 2010, a new CoreLogic report shows. There were approximately 85,000 resales during the quarter and 94.3% of them were profitable, meaning they sold for prices above what the vendors originally…
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Sales volumes across Australia’s mainland states have increased as buyers get used to high interest rates and fear of missing out (FOMO) drives them to buy before home values go any higher. These are the findings of a report by digital settlements company PEXA, which shows the number of residential property settlements…
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