It’s no secret that property values continuing to show steady growth on the increase in Australia says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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This month’s quarterly Rental Review from Cotality revealed national vacancy rates and rental listings have reached new record lows says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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We’re in the midst of another Spring selling season, and this year, we’re seeing vendors enjoy a strong position in the market, says John McGrath, Chief Executive Officer of McGrath Estate Agents.
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A well-tended garden boosts street appeal, attracts more buyers, and enhances property value—proving that greenery truly sells homes faster and higher.
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Demand persists for renovated homes; renovation can beat costs of moving, but plan budgets, secure licensed trades, prioritise value-boosting upgrades.
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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. House and unit rental growth is still increasing in every capital city, along with gross rental yields. Rental markets also remain very tight across most regions, with the national vacancy rate at…
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Brisbane’s median house value is now over $1 million for the first time on record, according to recent Cotality data. But while this figure might shock the average Australian enduring a cost-of-living crisis, plenty of other buyers see $1 million-plus as affordable buying. In fact, the prestige property market is extremely…
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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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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. The value gap between the regions and the capital cities is continuing to narrow and, just…
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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 literally pays to start forward thinking for a new financial year sooner, rather than later. I’m a big proponent of reserving some time…
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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. New data from Cotality shows families are willing to pay significant premiums for the privilege. They’re stretching their budgets to buy homes in desirable…
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There’s a significant new trend in property investment: for the past three years, a majority of Australian investors have been positively or neutrally geared. That means their rental income has met or exceeded their expenses, including loan repayments. As a result, they’ve been pocketing extra income each year on top of…
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When you’re investing in property, what you choose to buy makes all the difference to your long-term return. Some properties will consistently grow in value and attract good tenants. Others might look good on paper but underperform in reality. Here’s a guide to help you spot the smart buys and…
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Buying a property can be one of the most exciting and stressful experiences of your life. Whether buying your first home, your forever home, or an investment property, the key to success is knowing how to navigate the process with clarity and confidence. There are two main ways homes are…
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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. Achieving this comes down to three crucial ingredients: outstanding presentation and marketing, a realistic price…
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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. The latest data shows that the hottest markets are starting to lose steam as affordability constraints bite, while weaker markets are beginning to strengthen as the value…
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Buying your first home remains a strong aspiration in Australia but the pathways into the market are constantly evolving. Some first home buyers prefer to build whilst others favour established properties. Some choose to buy their first property for investment rather than owner occupation. Many are relying on the Bank of…
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One of the oldest myths in real estate is that Winter is a bad time to sell. But like many myths, it doesn’t stand up to scrutiny. The idea that buyers disappear when the weather cools down simply isn’t true – genuine buyers are active all year round. They don’t…
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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. But that’s not all. The second rate cut appears to have reignited the…
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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, according to a new study. The Australian Housing and Urban Research Institute (AHURI) has just published a research paper on the characteristics and behaviour…
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Housing policy was a key focus for both sides of politics in the recent federal election campaign. Now that we know Labor has been returned, let’s review what this means for first home buyers. Here is a summary of the key election commitments from Labor. Bear in mind they now…
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Stylists help vendors present their property in its best light to achieve the highest sale price possible. You don’t need to hire a stylist when selling your home, but it’s a convenient and attractive option if you have the budget. The cost varies, depending on whether you hire furniture through…
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Spring is always a hive of activity in the property world. With many homeowners gearing up to list, one of the most important questions sellers face is: how much should I invest in marketing? Let’s make one thing clear—marketing your home isn’t just an expense. It’s an investment, and one…
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