This Spring brings renewed seller confidence as auction clearances rise, listings tighten, and buyers re-engage. Yet vendors must remain strategic...
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Cotality research director Tim Lawless recently commented that vendors are in a strong position as they head into what will be a very active Spring selling season, says John McGrath Chief Executive Officer of McGrath Estate Agents.
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Australian investors are continuing to enjoy a strong market as landlords, according to Cotality’s September Home Value Index says John McGrath Chief Executive Officer of McGrath Estate Agents.
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Buying a home remains a strong aspiration for most Australians, but first home buyers are waiting longer to buy their first property. According to the latest Australian Bureau of Statistics (ABS) data, the average age of first home buyers is now 37. Commonwealth Bank figures also show that the largest…
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A huge congratulations to our Mudgee & Lithgow Property Management team on their July results! 👏 Varun and Georgia smashed it into the Top 10 Leasing Agents across the McGrath network – an outstanding effort. 🌟 And a big round of applause to our BDM team, debuting at #7 across the entire McGrath network for new…
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It’s not just Australia’s capital cities that are undergoing a property market rebalance. In a convergence of suburban areas and regional towns, we’re seeing the latter experiencing performance moderations very similar to capital cities, says John McGrath Chief Executive Officer of McGrath Estate Agents.
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Re-Set Day & EOFY Celebrations & Awards Night 2025 From inspiration to celebration. Our McGrath Re-Set day brought all three offices together for a jam-packed Friday of motivation, learning, and connection. We heard from incredible guest speakers, picked up tips from our high performers, and strengthened our bond through team...
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Even with an accountant, organising your tax return is not fun or easy, but if you’re an existing homeowner or planning to buy a home soon, it pays to start forward thinking says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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For many families, choosing where to live isn’t just about affordability or proximity to work. Increasingly, it’s about access to a quality public education for their children says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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There’s a significant new trend in property investment: for the past three years, a majority of Australian Landlords have been positively or neutrally geared says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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When you’re investing in property, what you choose to buy makes all the difference to your long-term return says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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The key to extracting a premium price for a property – in any location, at any time, in any market – is emotionally connecting a number of buyers to your home and creating competition between them, says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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After two years of uneven momentum across Australia’s property market, we’re now seeing a significant rebalancing that is presenting new opportunities for buyers, John McGrath, Chief Executive Officer of McGrath Estate Agents told The Real Estate Conversation.
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Buying your first home remains a strong aspiration in Australia but the pathways into the market are constantly evolving says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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The idea that buyers disappear when the weather cools down simply isn’t true – genuine buyers are active all year round. It’s only the uncommitted buyers or those researching the market that may not bother, says John McGrath, Chief Executive Officer of McGrath Estate Agents
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This month’s interest rate cut – the second for 2025 – is great news for buyers and owners alike. Not only does it reduce interest costs, the rate cut also raises the borrowing capacity of aspiring buyers, says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Australian property has proven itself to be one of the most successful ways to build wealth for generations. 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. To be exact,…
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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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Presentation is a critical part of the selling process and a stylist can offer an objective view on how to present your home in the most appealing way to 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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People tend to adopt a ‘wait and see’ attitude around elections but in my opinion, the election date won’t make a difference to your sale says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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We are seeing good competition at auctions this Autumn, with the national combined capital city clearance rate holding above 60% says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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The National Housing Accord is a federal initiative designed to address Australia’s housing shortage, aiming to build 1.2 million homes over five years 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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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. By John McGrath, Chief Executive Officer of McGrath Estate Agents.
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Australia’s housing landscape is changing as we try to keep up with population growth and help young buyers get into the market. Not enough dwellings are being built, with smaller housing lots and higher apartment towers among the solutions to address both lacking supply and the affordability crunch. As discussed in…
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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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Property is entering a new phase as we start the new year, with price growth slowing across the nation. The key indicator was the first fall in the national median value in December after 22 consecutive months of growth. It was only an 0.1% drop, but it was a clear…
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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 MoreThe 2025 McGrath Report, reveals four major East Coast market trends as well as my top 21 suburb picks for the new year in New South Wales, Queensland, Victoria and Tasmania. We also summarise today’s divergent market conditions across Australia and what’s happening on the ground this Spring season in Sydney, Brisbane,…
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As another year comes to a close, a lot of people are on edge about interest rates. There is some real pain out there in the lower to middle market. At the start of 2024, price growth nationwide strengthened across the lower price brackets as people made compromises. Buyers widened their…
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John McGrath Says that as we head into November, sellers may be interested in hearing new PropTrack data indicating this may be the best month to sell. According to PropTrack’s latest Market Insight, homeowners who list in November typically achieve prices that are, on average, 0.78% above the yearly national average.…
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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. Latest data from the Australian Bureau of Statistics shows first home buyers represented 28% of new owner-occupied lending in September, which is well above the 10-year average of 24.9%. So, why…
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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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Melbourne provides an interesting case study as to what happens when you raise the supply of new homes, particularly apartments, in the marketplace. The city’s median home value has fallen by 1% over the past year, and CoreLogic researchers say this is mostly due to Victoria building more homes than any…
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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. A rising number of buyers are taking advantage of the scheme and more of them are purchasing with a partner, friends or family members, according to Housing Australia’s…
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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. McGrath is here to explain what you can do to help your property sell within…
Read MoreMillennials have become the most active generation of investors with about one in three buying property on their own, using strategies such as rentvesting to begin their property ownership journey. The Commonwealth Bank says 46% of its new property investor customers last year were Millennials, who were born between 1981 and…
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