5.0
Adriano and team were understanding and helpful. I did not feel pressured or stressed during this purchase.
5.0
Bill always gave us good and timely response to any queries on selling; the state of the market, local conditions re sales, ways to enhance our property for selling, pricing for the market and keeping us positive during the whole process of selling in a slow sales period.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Bill Johnston
5.0
Adriano was wonderful and really helped us out step by step the whole way. The whole experience was very smooth any easy.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Adriano Talone
5.0
Adriano was wonderful and really helped us out step by step the whole way. The whole experience was very smooth any easy.
5.0
Bill always gave us good and timely response to any queries on selling; the state of the market, local conditions re sales, ways to enhance our property for selling, pricing for the market and keeping us positive during the whole process of selling in a slow sales period.
5.0
Tezu’s knowledge of the market was profound. He estimated my previous home both realistically and generously. Another local real estate had estimated my home at about $150,000 less, and Tez found buyer within about 1 month! Not only is Tezu a great salesman but he also showed immense compassion when I was having home sale ‘melt downs’ and was always easily contactable 7 days a week. I believe Tezu’s execution of sale from beginning to end was flawless! If you are selling, ring Tezu at McGrath.
5.0
Nick was friendly and easy going in the time I’ve known him, which was a year or 2 before the actual recent sale. He was also very professional and ethical in that he wasn’t ” pushy” when I originally discussed the possible sale, and even suggested waiting awhile as the market had “slowed” at that stage. He kept us quietly in the back of his mind, so when he heard of a possible buyer he approached us, eventually getting a good price hassle free of advertising and marketing.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
Sold our townhouse and couldn’t be happier with the experience. Our agent came highly recommended, and he absolutely lived up to his reputation. He kept his word from day one, was enthusiastic throughout the entire process, and communicated clearly at every step. He went above and beyond by organising a final clean-up needed to present for settlement. Nothing was too much trouble, and his professionalism made the whole sale stress-free. An all-round positive experience. Will use Max again.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Max Mulcahy
5.0
We honestly can’t say enough great things about James and his team!! Incredibly friendly, efficient and knowledgeable 🙂 James went above and beyond for us and we felt so comfortable and at ease with him. Lennox Heads next top agent we reakon 👌🙌
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Mal Hamblin & James Aubusson
5.0
Sold our townhouse and couldn’t be happier with the experience. Our agent came highly recommended, and he absolutely lived up to his reputation. He kept his word from day one, was enthusiastic throughout the entire process, and communicated clearly at every step. He went above and beyond by organising a final clean-up needed to present for settlement. Nothing was too much trouble, and his professionalism made the whole sale stress-free. An all-round positive experience. Will use Max again.
5.0
Nick was excellent to deal itth. This wasnt our first rodeo -but he came up with innovative strategies. He was timely in responding to our concerns. And very proactive in getting the house onto the market. A very painless, and arguably a pleasant, selling experience. Nick was excellent throughout the process
5.0
We honestly can’t say enough great things about James and his team!! Incredibly friendly, efficient and knowledgeable 🙂 James went above and beyond for us and we felt so comfortable and at ease with him. Lennox Heads next top agent we reakon 👌🙌
Mal Hamblin & James Aubusson
Reviewed agent: Mal Hamblin & James Aubusson
5.0
Nick was friendly and easy going in the time I’ve known him, which was a year or 2 before the actual recent sale. He was also very professional and ethical in that he wasn’t ” pushy” when I originally discussed the possible sale, and even suggested waiting awhile as the market had “slowed” at that stage. He kept us quietly in the back of his mind, so when he heard of a possible buyer he approached us, eventually getting a good price hassle free of advertising and marketing.
5.0
Adriano was great to work with. He and the team resolved a couple of last minute issues that came up with a aplomb, and made the overall transaction a breeze.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Adriano Talone
5.0
Adriano was nothing but kind, friendly and knowledgeable! He is extremely accommodating and a professional in everything he does.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Adriano Talone
5.0
Adriano showed us the property on Saturday. As we live 4 hours away from Lennox we wanted to look again on the Sunday whilst in Lennox. A quick call to Adriano on the Saturday night and at short notice Adriano had organised another insp on the Sunday morning at 9am. We were very appreciative of his efforts.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Adriano Talone
5.0
Bill Johnston and Max Mulcahy were the agents that assisted with the purchase of this property in Clunes – the whole process went very smoothly with excellent and prompt communication at all times. I felt that Bill was working hard for the sellers which was his role but also he was fair in his discussions with me the buyer. Both Bill and the lovely Max, the sales agent, went out of their way to ensure I could show my family the property out of business hours – for which I was most grateful.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Bill Johnston
5.0
Adriano was so helpful with the buying process. He made himself available to answer all of questions and assist with extra inspections. He was professional, knowledgeable and friendly.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Adriano Talone
5.0
Adriano was great to work with. He and the team resolved a couple of last minute issues that came up with a aplomb, and made the overall transaction a breeze.
5.0
Adriano was nothing but kind, friendly and knowledgeable! He is extremely accommodating and a professional in everything he does.
5.0
Adriano showed us the property on Saturday. As we live 4 hours away from Lennox we wanted to look again on the Sunday whilst in Lennox. A quick call to Adriano on the Saturday night and at short notice Adriano had organised another insp on the Sunday morning at 9am. We were very appreciative of his efforts.
5.0
Adriano was so helpful with the buying process. He made himself available to answer all of questions and assist with extra inspections. He was professional, knowledgeable and friendly.
5.0
Bill Johnston and Max Mulcahy were the agents that assisted with the purchase of this property in Clunes – the whole process went very smoothly with excellent and prompt communication at all times. I felt that Bill was working hard for the sellers which was his role but also he was fair in his discussions with me the buyer. Both Bill and the lovely Max, the sales agent, went out of their way to ensure I could show my family the property out of business hours – for which I was most grateful.
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 Home Value Index confirmed this position, with Melbourne’s median dwelling value now $823,495, following a 4.2% annual lift. Only Hobart and Darwin offer lower values of $703,340 and $578,871, respectively. And, in an unusual capital city outcome, Melbourne’s broad middle market, rather than its lower quarter, is experiencing the fastest value increase.
We discuss the city’s affordability, as well as its other attractions in our recently released McGrath Report 2026. These include a strong property supply, a fast-growing population, and a pipeline of infrastructure projects that may contribute to a silver lining for the Melbourne property market.
The $15 billion, 9km Metro Tunnel opened on November 30 and connects the city’s west and south east, while the $10 billion, 2.5km West Gate Tunnel is set to open this month. Another major project is the North East Link, due to open in 2028, and featuring 6.5km of twin tunnels, making it the longest road tunnel in Victoria. And, tunnelling for the immense Suburban Rail Loop (SRL) is due to start next year.
So, given these benefits, it’s no surprise that for the third consecutive year, Economist Intelligence named Melbourne one of the top five most liveable cities in the world in 2025. The city’s population certainly grew by 142,600 people during FY24, the highest of any capital centre, according to the Australian Bureau of Statistics’ data released in March.
At the same time, the city’s recent population and property value growth follow several softer market years. Several factors contributed to this, including land tax changes, tighter rental laws, and strong supply.
The state’s rental market shrank by over 24,000 properties in 2024, as investors sold off their Victorian properties due to mounting costs. These costs include the state’s land tax-free threshold being cut from $300,000 to $50,000 in 2024. No-fault evictions were also removed, and stricter minimum rental standards were introduced. This year, Victoria also applied a new levy of 7.5% on total booking fees for short stay rentals.
But first home buyers have been happy to take the place of investors, with this group comprising 23.5% of all property purchasers in March 2025. This is higher than any other state or territory. Key to first home buyers’ growth are Victorian Government incentives, including stamp duty exemptions for new homes up to $600,000 and concessions for homes up to $750,000.
The Victorian Government’s focus on boosting housing stock has also given first-home buyers and others more choice and helped take some steam out of the market. The first SRL stage will support over 70,000 new homes over 30 years. Another 50 activity centres are planned around metro train and tram stops, enabling 300,000 extra homes by 2051. And, under the National Housing Accord, Victoria is expected to outperform other states, with the government forecast to reach 98% of its target, based on its plan to build 306,000 homes by 2029.
As prices continue to recover and more projects are completed, Melbourne’s fundamentals remain strong, which bodes well for next year and beyond. So, irrespective of the winners and losers in the city’s property market during 2025, its outlook appears solid in the period ahead.
By John McGrath, Chief Executive Officer of McGrath Estate Agents.
5.0
Nick provided a calm considered and professional approach to the sale of our property. The excellent communication between ourselves and Nick and his team gave us every confidence that we would achieve the best possible results.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
Very impressed with Nick on the purchase of my new home. I felt very comfortable dealing with him. Quick to respond, professional, and believable! An expert in his profession. Thankyou Nick!
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
What impressed me was Bill´s commitment to communication—always quick to respond, always patient in answering questions, and always proactive in keeping me informed. His negotiation skills were outstanding, securing a fantastic deal that exceeded my expectations. Bill truly did go out of his way to help us find and secure our dream home, thanks mate!
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Bill Johnston
5.0
Nick provided a calm considered and professional approach to the sale of our property. The excellent communication between ourselves and Nick and his team gave us every confidence that we would achieve the best possible results.
5.0
Very impressed with Nick on the purchase of my new home. I felt very comfortable dealing with him. Quick to respond, professional, and believable! An expert in his profession. Thankyou Nick!
5.0
What impressed me was Bill´s commitment to communication—always quick to respond, always patient in answering questions, and always proactive in keeping me informed. His negotiation skills were outstanding, securing a fantastic deal that exceeded my expectations. Bill truly did go out of his way to help us find and secure our dream home, thanks mate!
5.0
Nick sold our home off-market through his extensive database, Lennox’s best agent!
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
Very efficient. Sold in one week
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nathan Mills & Ben Gatwood
5.0
Nick’s knowledge of the area is unsurpassed, he gave great advice with our sale, very honest and trustworthy. Nick’s communication was excellent, we couldn’t be happier with the sale result and would highly recommend Nick to any buyer or seller.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
We have nothing but praise for Nick and his team in selling our property in Tintenbar. From the first interview with Nick and throughout the sale’s campaign and up to final negotiations Nick and his team were always courteous and considerate of us in every respect. We have no hesitation in recommending McGrath Lennox Head for all property dealings.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
Nick and his team were exceptional in their expertise, professionalism, and experience. Their communication was honest and respectful and the sale of our property was without any complications. We would have no hesitation in recommending Nick and his team to anyone wishing to buy or sell their property.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
I don’t normally do reviews for anything but happy to say Nick Jason and the McGrath team were worth doing this . Seemless,efficient professional and great integrity Thanks Wayne and Maree
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
Nick and the Team worked effciently during the sale process, kept me informed with all details from our initial contact until a sale was achieved.
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Nick Bordin
5.0
Ollie was terrific to deal with … our decision to purchase and get the deal done all happened very quickly, complicated by our traveling OS at the time. But everything was managed by Ollie and Nick with calm efficiency and care.
5.0
Nick sold our home off-market through his extensive database, Lennox’s best agent!
5.0
Nick’s knowledge of the area is unsurpassed, he gave great advice with our sale, very honest and trustworthy. Nick’s communication was excellent, we couldn’t be happier with the sale result and would highly recommend Nick to any buyer or seller.
5.0
We have nothing but praise for Nick and his team in selling our property in Tintenbar. From the first interview with Nick and throughout the sale’s campaign and up to final negotiations Nick and his team were always courteous and considerate of us in every respect. We have no hesitation in recommending McGrath Lennox Head for all property dealings.
5.0
Nick and his team were exceptional in their expertise, professionalism, and experience. Their communication was honest and respectful and the sale of our property was without any complications. We would have no hesitation in recommending Nick and his team to anyone wishing to buy or sell their property.
5.0
I don’t normally do reviews for anything but happy to say Nick Jason and the McGrath team were worth doing this . Seemless,efficient professional and great integrity Thanks Wayne and Maree
5.0
Nick and the Team worked effciently during the sale process, kept me informed with all details from our initial contact until a sale was achieved.
5.0
Thanks Bill and team we couldn’t be happier! It was an incredibly smooth first home purchase. Stoked!
McGrath Northern Rivers Group – Real Estate
Reviewed agent: Bill Johnston
5.0
Ollie helped my husband and I sell our acreage just outside of Bangalow this year. He’s is incredibly easy to communicate with, always there if you have a question or need advice and was an absolute pleasure to work with. 100% recommend him as your agent!
5.0
Thanks Bill and team we couldn’t be happier! It was an incredibly smooth first home purchase. Stoked!