The national real estate brand has announced the opening of two new offices on Queensland’s southern coast.
With the establishment of McGrath Bundaberg and McGrath Bargara, the firm is showcasing its intent to expand its reach in the Sunshine State. The new offices will be headed by Ainsley and Sarah Driver, who will relaunch their existing PRD real estate business under the McGrath umbrella.
The new office will service both towns, as well as places like Winfield, 61 kilometres from Bundaberg, and Childers, 51 kilometres away.
Mr and Ms Driver are an incredibly experienced pair of operators, according to McGrath, with the group’s head of franchise network Christopher Mourd expressing their excitement at the alignment.
“We feel honoured that Ainsley and Sarah have selected McGrath as their partner to evolve and expand their business and market share across the Wide Bay region.
He added: “We are especially excited to move into this regional Queensland market that represents an outstanding opportunity for our clients to buy in these key areas.”
Speaking on the move, Mr Driver said that the entire business is extremely excited by the venture.
“Along with our whole team, my wife Sarah and I are very excited about this important alignment with McGrath. We have a very accomplished team joining us in the transition,” he explained.
He touted the agency as having the “region’s most experienced property managers and top salespeople”, including Vicki Hodges, Mark Gelsomino, and Peter and Maree Barone — “household names when it comes to real estate in our region”.
The business owner added that the Bundaberg region “has experienced a huge influx into the region of the past 18 months for both coast and country homes”.
“With more than 30 per cent of enquiry now being investor-based,” Mr Driver said, they “haven’t seen this degree of enquiry since 2002”.
“The rental vacancy is the lowest I’ve seen in 25 years. The usual rate is between 1 per cent and 3 per cent however we’re sitting on 0.3 per cent.”
He also highlighted the increasing rate of tourism post-COVID-19, with the city offering many attractions to holiday-makers, including being the southern gateway into the Great Barrier Reef.
“Having lived here for 25 years, I know firsthand that it is a wonderful place to live and raise a family,” he shared.
“We have an enviable lifestyle and climate here. Even with the recent boom, Bundaberg city is one of the most affordable places to live in South-East Queensland.”