John McGrath real estate

John McGrath founder and executive director of McGrath Estate Agents looks back at 2021 and what the property market did during this unexpectedly tumultuous year.

According to John McGrath founder and executive director of McGrath Estate Agents, the market is normalising but there’s still a way to go. Prices are still going up and whilst 1.5% per month doesn’t sound like much, on an annual basis that’s 18% per year.

Demand for regional property is surging as local buyers upgrade their homes and tens of thousands of city dwellers relocate to the regions according to John McGrath founder and executive director of McGrath Estate Agents.

Canberra is the quiet achiever amongst the East Coast capitals according to John McGrath founder and executive director of McGrath Estate Agents.

Despite its major price growth, Queensland continues to offer exceptional value to buyers, according to John McGrath founder and executive director of McGrath Estate Agents.

According to John McGrath founder and executive director of McGrath Estate Agents, if there was ever any doubt about the resilience of Australian property, Melbourne provides a case study of strength in adversity.

According to John McGrath founder and executive director of McGrath Estate Agents, many Australians are earning more per year in capital gains than work income and nowhere more so than Sydney.

According to John McGrath founder and executive director of McGrath Estate Agents, Australian holiday homes are looking appealing as both a financial investment and a safe place to go for vacations until more of the world is vaccinated and quarantine and lockdowns are things of the past.

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.