FRANCHISE NEWSReal Estate NewsVIC Real Estate News

McGrath continues its Melbourne expansion

McGrath Estate Agents has opened a Coburg/Brunswick office in Melbourneโ€™s inner north.

Melbourne continues to be an important market for the company with the opening of McGrath
Coburg/Brunswick, as it operates 10 offices in the southern state.

McGrath Founder and Executive Director John McGrath said โ€œMelbourne is a city people want to live and invest in, which is reflected in its high rates of population growth, strong jobs market and many liveability accolades. However as price growth moderates, the next six to 12 months will offer good buying opportunities for those looking to break into one of the nationโ€™s most sought-after markets in a truly international city,โ€ said Mr McGrath.

McGrath Coburg/Brunswick will be led by Michael Chan and Tania Toti, who will oversee a team of 13 agents. It will service the key suburbs of Brunswick, Brunswick East, Brunswick West, Coburg, Coburg North, Pascoe Vale South, Pascoe Vale and Fawkner.

โ€œIt is a great pleasure to welcome Michael, Tania and their entire team to the McGrath platform and into our family.

โ€œWe have placed great attention on building the right relationships with the very best local talent and we look forward to welcoming more high-quality partners in the future,โ€ said Mr McGrath.

Coburg and Pascoe Vale are located less than 10 kilometres from the Melbourne CBD, offering a vibrant multicultural and community vibe. Neighboring Brunswick is a trendy and urbane suburb, which has experienced an influx of young independents attracted to its cafรฉ culture, restaurant and bar scene.

โ€œLifestyle is a key driver for the Coburg, Pascoe Vale and Brunswick markets. The region is culturally rich with a lively village feel. Proximity to the CBD and Melbourne University, good transport links and a diverse selection of eateries and bars attracts a wide range of buyers,โ€ said Mr Chan.

The region has experienced healthy price growth with Coburg houses rising in value by 46.9% over the past three years to $990,000, Pascoe Vale houses have increased in value by 47.9% to $850,000, while Brunswick has experienced growth of 51.8% over the same period to $1,151,000*.

McGrath Coburg/Brunswick will also offer property management services.

Show More

News Room

If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: newsroom@eliteagent.com