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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.

Australia’s property market has reached a new milestone, with the total value of residential real estate climbing to $11 trillion for the first time, increasing by $900 billion over the past 12 months, according to CoreLogic’s October Monthly Housing Chart Pack. Despite this growth, national home values rose by just…

Investors are back 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, says John McGrath, McGrath Estate Agents CEO.

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…

The multi-speed nature of Australia's property market today can be seen in the 12-month price changes across our capital cities and regions. Over the 12 months to May 31, here's how median home values in the capital cities have changed: Perth 22%, Brisbane 16.3%, Adelaide 14.4%, Sydney 7.4%, Darwin 3.5%, Canberra 2%, Melbourne 1.8%…

Australian property continues to defy historical trends, with home values still rising in most capital city and regional markets despite today’s high interest rates. About a quarter of the world’s central banks have begun cutting interest rates, according to AMP, with Switzerland the first major economy to cut rates in March,…

New home approvals per capita are at decade-lows right now, exacerbating a long-term undersupply of homes in Australia. Meantime, demand for both owner-occupier and rental housing is high, not just because of record overseas migration but also because of demographic changes. Australia’s population is about 27 million and there are about…

One of the reasons Australia has such a long history of continually rising property values is that so many of us choose to live in one of just eight capital cities. In fact, 75% of Australia’s population lives on just 2.6% of the country’s total land mass, according to CoreLogic data.…