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…
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.
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.
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.
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.
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.
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…
Throughout my 40 years in real estate, I have always advocated the use of price guides in property marketing campaigns. Price guides answer the first question that every prospective buyer has on a property of interest to them. They also help buyers work out which homes are worth inspecting, and that’s…
We’ve seen remarkably strong clearance rates over the first few weekends of auctions this Autumn season, with robust demand and a continuing tight supply of homes for sale in many markets. The national preliminary clearance rate has been consistently above 70%, and in markets where there are a higher number…
📚 Looking for useful guides on home buying, selling, renting, and more? Look no further! 🏡✨ Check out our McGrath Guides page for expert advice and helpful tips to navigate the real estate world. Whether you’re preparing your home for sale, maximizing your property investment, or needing a home…
We’re now seeing the highest number of properties going to auction this year, as more new listings flow onto the market this Spring. Buyers have welcomed this increase in supply, which is giving them a bit more choice in an otherwise very tight market. The good news for sellers is…
The busy Spring season is upon us and there are many homeowners getting ready to sell. One of the key decisions you’ll need to make in the lead-up to your campaign is how much marketing you need (and can afford). Marketing is an investment. It directly contributes to the potential…
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