Parramatta. Few sales in the inner ring

Real estate agent, John McGrath, said in his Market Report for Winter 2009, there have been relatively few mortgagee sales conducted in Sydney’s inner ring, which included Parramatta. “However,” he said, “I expect that there will be an increase in the number of these sales as unemployment bites over the next six months.”

'Logical hub to grow' - John McGrath

“Parramatta is an exciting area with enormous changes evident over the past few years. The area is rapidly expanding and a logical hub for us to grow into the surrounding regions,” said CEO, of McGrath Estate Agents, John McGrath, when announcing the opening of a company-owned office in The Barrington, in the Parramatta CBD. He said the office would focus on handling the better residential properties in premium suburbs adjacent to Parramatta, such as Oatlands, North Rocks and Carlingford. The office would have a training facility, and act as a regional hub to support the expanding McGrath franchise network.

Property group comes west

McGrath Estate Agents is expanding from its eastern suburbs base to Western Sydney by establishing a company-owned office in The Barrington office tower, in the Parramatta CBD. “The area has amazing potential and as we plan to open franchise offices in Strathfield and the Hills District it made sense to have this as a company-owned premises,” said CEO, John McGrath.