McGrath Estate Agents has announced the opening of a new office in Mt Gravatt, Queensland, headed by Principals Ryan Poh and Samuel Yang who together bring 25 years of industry experience to the role.
The new office will service a substantial area from Carindale in the north to Calamvale in the south, and from Rochedale in the east to Mt Gravatt and Robertson in the west.
Chris Mourd, Head of Franchise Network for McGrath, said the expansion aligns with the company’s strategic vision for growth in the Sunshine State.
“Establishing a presence in Mt Gravatt is a strategic move aligned with our long-term vision for growth in Queensland,” Mr Mourd said.
“We” see excellent upside in the years ahead and regard the Southeast Queensland region as a cornerstone of our expansion plans.
“This area of the Sunshine State has rapidly established itself as a prime destination for both lifestyle-driven movers and astute investors.”
Mr Mourd highlighted the Mt Gravatt and Sunnybank Hills corridor as particularly attractive due to its generous family homes, strong local infrastructure, and convenient access to both Brisbane CBD and the Gold Coast.
Principal Ryan Poh, a local resident, emphasised Mt Gravatt’s appeal for commuters, being just 12km from Brisbane CBD.
“It’s a sweet spot for commuters who want city convenience without the city hustle. The area has a number of good schools, and its real sense of community make it popular with families,” Mr Poh said.
Fellow Principal Samuel Yang pointed to upcoming infrastructure developments that will enhance the area’s appeal.
“The Mt Gravatt Suburban Renewal Precinct, which is a plan by Brisbane City Council to rejuvenate the area, will bolster public transport connectivity, as well as new housing and employment opportunities,” Mr Yang said.
“There are also significant development plans underway, including a 15-level residential tower at 2140 Logan Road and an 18-story development at 18 McGregor Street in the pipeline.”
The local property market shows strong growth potential, with the median sale price for houses in Mt Gravatt currently around $1.14 million, reflecting an annual capital growth of 16.86%.
Mr Yang said that units are particularly popular with first-time buyers and downsizers, with entry-level prices around $500,000 to $600,000 for older, smaller units.
The principals will lead a sales team of 15 covering both property sales and property management. Mr Poh highlighted that most team members are in their 20s, bringing passion and energy to their roles.
“We couldn’t be happier to join such a strong and respected brand as McGrath and benefit from their market focus, technology, systems and culture,” Mr Poh said.
