Australia’s housing landscape is changing as we try to keep up with population growth and help young buyers get into the market. By John McGrath, Chief Executive Officer of McGrath Estate Agents.
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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…
Read MoreAt 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.
Read MoreSee What Our Clients Have to Say Curious about what makes our team stand out? Take a moment to read through our Spring 2024 testimonials and discover why clients trust us for their buying and selling needs. Our commitment to professionalism, efficiency, and personalised service speaks for itself. "We could…
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Many people dream of buying at the bottom of the property market, but how often does that truly happen? If you’re saving for your first home and banking on a sharp drop in house prices due to rising interest rates, you might need to adjust your expectations.
Read MoreTodd Houghton from McGrath with your latest Bathurst Property Market update
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It has been difficult for Baby Boomers to find the types of homes they need in their preferred locations. The good news is that things are about to change.
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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.
Read MoreIf you’re considering an agent, comparing their recent client reviews can help you understand their approach and dedication. So who is the best Real Estate Agent in Orange?
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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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McGrath Central West proudly served as Gold Sponsors of the Orange Open Gardens event on October 27th, supporting local education initiatives.
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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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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…
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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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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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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.
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The theory that Winter is a bad time of year to sell is a myth that has persisted for as long as I’ve been around in real estate says John McGrath.
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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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