FRANCHISE NEWSNew South WalesNEWS

McGrath expands Central Coast presence with a new office in Avoca Beach

McGrath Estate Agents have announced the opening of a new office in Avoca Beach on the booming Central Coast region of NSW.

McGrath Founder and Executive Director John McGrath said, “The Central Coast continues to be an important real estate market and offers a diverse range of properties in all price brackets, and increasingly popular among Sydneysiders who are attracted by its lifestyle.”

McGrath Avoca Beach will be led by principals Jaimie Woodcock and Mat Steinwede. Mr Woodcock and Mr Steinwede opened their first McGrath office in Terrigal in 2005, and this will be the sixth office for the Central Coast group, currently comprising Terrigal, Gosford, Ettalong, Toukley and Long Jetty.

Mr McGrath added, “Principals Jaimie Woodcock and Mat Steinwede were our very first franchise partners when we opened our first office on the Central Coast over 13 years ago and I’m delighted to witness their outstanding success and expansion over the years.”

McGrath Avoca Beach will service the suburbs of Avoca Beach and Copacabana.

Mr Woodcock said, “It’s been an amazing journey. Opening our sixth office in the region demonstrates our ongoing commitment to this important market. We’ve been servicing the residents of Avoca Beach from our Terrigal office since 2005, and decided to further expand our footprint and create a greater presence within the local community.”

Avoca Beach is one of the most highly desirable destinations on the Central Coast. The beachside suburb has experienced healthy growth, with a steady 5.2 per cent increase in house prices between 2017 and 2018 according to CoreLogic.

Mr Woodcock commented, ”Avoca Beach is an extremely sought-after area and offers a variety of choice in terms of property, with options ranging from beautiful holiday houses to exclusive residential homes. Popular units are located within the ‘Bowl’ area, a prestigious part of Avoca Beach due to its proximity to restaurants and the beach front. Many of these properties have northeasterly views of the beach and the Skillion headland.”

Impressed by the seclusion and spectacular beach, many find it an ideal location. The beachfront area is popular among holiday home buyers for both personal use and possible holiday letting.

“It’s a perfect holiday area with a real village feel; many families are generational holidaymakers who have been coming back for many years. The rock pool and patrolled beach is safe for kids, making this destination extremely popular for school holidays,” said Mr Woodcock.

“The area is also preferred by owner-occupiers, especially young families wanting their children to attend the nearby Avoca Beach Primary School which has an excellent reputation. We’ve seen a  significant influx of our buyers in Avoca Beach relocating from Sydney, wanting a quieter beachside suburb for themselves and their families,” he added.

Central Coast Council has invested $2.8 million at the southern end of the popular beach and works are also under way to stabilise, improve and protect Avoca Beach foreshore. Mr Woodcock noted these important upgrades. “With significant investment in infrastructure and services in recent years, I believe demand in the region will continue to strengthen with price growth to follow,” he said.

Mr Woodcock and Mr Steinwede will lead a team of two well-known, prominent agents and area specialists, Chris Andrews and Steve Nixon.

“We are delighted to welcome Chris, a highly regarded and well-liked agent who wanted to be part of a boutique brand that is passionate about customer service. Together with Steve, who has been with us for over eight years, they both enjoy strong involvement and a close connection to the local community. We believe that their insight, experience and market knowledge will be a huge asset to McGrath in servicing both our vendors and buyers from a dedicated local office,” commented Mr Woodcock.

McGrath Avoca Beach will offer property management services, including holiday management and mortgage broking services through Oxygen Home Loans.

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