Sydney, Australia (PressExposure) May 26, 2009 -- Leading residential agency, McGrath Estate Agents, today announced the opening of a new office to service the Macarthur/Camden region, in Sydney's south-west.
This office is a key strategic move for McGrath in its ongoing roll-out of a premium national franchise network. It completes McGrath's initial growth plan to cover metro Sydney with 21 franchised and company-owned offices now servicing every major corridor.
John McGrath, Chief Executive of McGrath, said Sydney's south-west was primed for major growth over the next two decades.
"The south-west is an important market for us as it represents a major lifestyle zone in metro Sydney with a large range of rural and semi-rural properties along with affordable housing ideal for first home buyers, young couples and semi-retirees," Mr. McGrath said.
"As the population continues to age, I believe the tree-change phenomenon will continue as baby-boomers look for other options in addition to the seaside for retirement living. The appeal of a country lifestyle within metro Sydney is immense and that's why we want to establish a presence in areas like Camden now. We recently opened another franchise office in Bowral, which is another key semi-rural lifestyle location that is also going to attract a high number retiring baby-boomers over the next 10 to 20 years."
Local properties range from Victorian terraces and Federation houses in central Camden to magnificent small acreage estates in Kirkham and Camden West. Further afield are sprawling homesteads and a smattering of wineries, horse studs and turf farms.
Award-winning new housing estates in Harrington Park, Camden Park and Mount Annan provide affordable contemporary housing for young families with access to beautiful parks, picnic areas, sporting grounds, lakes and cycling and walking trails.
Suburbs such as Camden, Elderslie and Spring Farm offer fantastic value with median house prices in the range of $350,000 and $370,000 respectively, according to RP Data (www.rpdata.com). New houses in Harrington Park are selling at a median price of $444,000.
Following 20 years of operations in Sydney, McGrath has a unique ability to connect rural home owners and sellers to affluent Sydney buyers through its diverse range of marketing tools including its award-winning website and weekly magazine. This was among the many reasons that prompted Principal Luke Mannion to convert his Century 21 office, which he purchased in 2007, to a McGrath franchise following almost a decade of operations in Camden.
"We were attracted to the McGrath brand because it provides us with an outstanding opportunity for continued growth and further market dominance of our region," said Mr Mannion, who has lived in the south-west for over 20 years.
"McGrath has a very contemporary approach to business with industry-leading training and marketing tools that will assist us in achieving even better results for our clients as we reach a wider audience of buyers through the growing McGrath network."
McGrath Camden [http://www.mcgrath.com.au/index.cfm?fuseaction=about.locationinfo&off_id=55] has seven salespeople â Luke Mannion, Louise Gowing, Lizzie Lamerton, Matthew Faint, David Broadstock, Kim Stokes and Louise Williams. The office also has a property management division with 350 properties under management.
McGrath Camden will service the entire Macarthur district from Campbelltown and Douglas Park in the east, to Bargo in the south, Oran Park in the north and Werombi and The Oaks in the west.
McGrath Camden is located at 2/6 Somerset Avenue, Narellan. The phone number remains +61 (0)2 4648 4058.