The 19 Perth suburbs where unit prices are growing faster than house prices - REIWA
REIWA President Damian Collins said it is pleasing to see units in these suburbs benefiting from the strong buyer demand and joining in on the Perth property market recovery.
On his move to The Agency, Nick Separovich says “it’s like getting the band back together again,” having known Real Estate CEO Matt Lahood and Group CEO Geoff Lucas for 10 years.
Sydney agent William Phillips joins McGrath Byron Bay in his own seachange in anticipation of out-of-area buyer surge
McGrath Estate Agents today announced that Sydney agent William Phillips has relocated his family in his own seachange and brought forward his start date with McGrath Byron Bay, in preparation for an influx of out-of-area buyers as COVID lockdown eases.
John McGrath – Millennials' impact on the property market
According to John McGrath founder and executive director of McGrath Estate Agents the prevalence of working from home allows millennials to reset the boundaries of their property search away from pricey inner city districts.
Monetary policy remains conducive to house price growth, but headwinds could be on the horizon - CoreLogic
RBA maintained its current monetary policy settings, with the cash rate target remaining at 0.1%, and the interest rate on exchange settlement balances at 0.0%.
John McGrath – The Value Buy: Inner Ring Apartments
John McGrath founder and executive director of McGrath Estate Agents says the softening in apartment values due to the closed international borders is temporary and in the meantime, local buyers have the advantage.
Australian housing values rising at the fastest annual pace since June 1989, but the monthly rate of growth continues to lose steam - CoreLogic
CoreLogic’s national home value index rose another 1.5% in September, taking Australian housing values 17.6% higher over the first nine months of the year and 20.3% higher over the past 12 months.
CoreLogic Pain & Gain Report: Australian property sellers cash in on highest level of profitability in a decade
CoreLogic’s Pain & Gain Report, shows 91.5% of resales during the June quarter recorded a nominal profit-making gain from the previous purchase price, the highest level of profitability in just over a decade.
John McGrath – National sales skyrocket to highest level since 2004 & my top suburb picks for 2022
Most markets around Australia are experiencing very positive conditions, which have lifted most values to record highs. John McGrath founder and executive director of McGrath Estate Agents looks at what he believes are the top four drivers behind this surge.