NEWS

While the current property market may seem subdued, rising consumer confidence and cooler conditions present ideal opportunities for buyers, particularly in affordable and highly liveable cities like Melbourne, says John McGrath, Chief Executive Officer of McGrath Estate Agents. Our current property market is not entirely doom and gloom, according to…

Australia’s property market is changing fast, with strong housing gains and values across the nation generally being the norm. Yet our properties themselves have also undergone major transformations in recent decades. The typical Australian home is no longer large, brick veneer and freestanding, on a generous block. Instead, we’re increasingly…

Regional locations’ low property prices along with their strong infrastructure and amenities continue to ensure they’re a worthwhile prospect for sea and tree changers. The latest Regional Movers Index found the number of people relocating from capital cities to rural Australia rose by 2.5% in the September 2025 quarter. The Sunshine Coast and Greater Geelong on Victoria’s scenic Surf Coast again attracted the largest net migration figures from capital cities to regional areas.…

The Reserve Bank of Australia (RBA)’s 0.25% rate rise two weeks ago was largely expected by industry experts and lenders. But our first increase since November 2023 was unsurprisingly, not welcome news for home owners and buyers. Cotality believes that while the lift to 3.85% won’t alter the immediate housing market…

With a new year comes new possibilities and opportunities for the property market. Will the Reserve Bank hand out more interest rate cuts? Will high values continue? Will lagging markets finally enjoy some growth? While anything is possible in a new year, I expect to see an increase in buyers’ resilience,…

Melbourne’s property market continued to gain momentum in 2025, after five years of sluggish growth. As of September 2024, the southern capital city shifted from being the second most expensive capital city market in 2020 to the third most affordable, according to Cotality’s Housing Affordability Report last month. Cotality’s latest…

The average Australian enduring a cost-of-living crisis, buyers see $1 million-plus property as affordable buying says John McGrath Chief Executive Officer of McGrath Estate Agents.

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…

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…