John McGrath – First home buyers are in the market despite peak interest rates
The latest lending figures from the Australian Bureau of Statistics show the number of loans written for first home buyers rose by 20.3% in seasonally adjusted terms over the 12 months to November 2023. A total of 10,395 first home loans were written that month, worth $5.25 billion.
John McGrath – Where did prices rise the most in 2023?
Affordable suburbs with median house prices below $500,000 dominated the best areas for price growth across Australia last year says, John McGrath, Chief Executive Officer of McGrath Estate Agents.
John McGrath – A market wrap & what’s in store for FY24
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, Australian home values are returning to growth much earlier than expected despite continually increasing interest rates.
John McGrath – Sydney leads the national market recovery
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, Sydney is leading the national property market rebound, with home values resuming their long term growth pattern following a relatively short and sharp market correction.
John McGrath – Biggest migration surge in history impacting the market
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we are definitely seeing the impact of increased migration and a return of foreign investors in the property market this Spring season.
John McGrath – Investors increasingly looking to the regions
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, city slickers who’d never seriously considered making the move to a regional area before suddenly had their eyes opened to the idea en masse.
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, the Australian property market continues to demonstrate strength and resilience this Spring season.
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we are finally starting to see the costs of building a home ease, which is great news for Australians wanting to build their ‘forever home’.
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, property investment remains the most reliable path to wealth creation and a comfortable retirement in Australia today.
