A total solution company that will provide 6-star service to our Clients." The McGrath Group has grown from a one-man operation to an organization that sold over $5.0 billion in residential sales in the financial year ending June 30, 2010; with 1,612 properties selling for over $1 million or more. In September 2006, the McGrath Group confirmed its plans for expansion throughout Australia and New Z
ealand with a strategic roll-out of a new premium franchise operation. The company has retained a small number of selected company owned locations and will continue to expand into new metropolitan and lifestyle locations with a boutique franchise roll-out. McGrath himself has embraced technology and recognised the importance of strategically understanding the online market. The company's investment of over one million dollars reinforces the McGrath vision to offer their 6-star service to Clients both online and offline. www.mcgrath.com.au, a highly sophisticated and user-friendly website, is regarded by both international and domestic users as the most usable and informative website in the property market. In 2007, McGrath joined with Apple to develop Australia’s first search criteria-based real estate podcast, allowing buyers to request properties based on their specific requirements to be sent to the buyer’s video iPod. The expansion of McGrath Estate Agents and its dominance in the Sydney property scene has been the result of years of dedication and determination. Starting up John McGrath Real Estate in 1987, John chased his dream of owning his own business and creating his own path. In 1988, McGrath Goodhope commenced business from a small office in Jersey Road, Woollahra, with a staff of 10. Within two years, the offices were relocated around the corner to Moncur Street.
1989 saw John McGrath sell Australia's highest price residential home at the time for $11.25m at 9 Wolseley Crescent, Point Piper, to overseas buyers through an international marketing campaign. The sale served as the catalyst for McGrath Goodhope to expand beyond the terrace house and forge ahead into new areas throughout the eastern suburbs. In July 1991, McGrath Goodhope became McGrath Partners Estate Agents. The company's rise in residential real estate sales was largely due to the commitment of the entire team to provide superior Client service and attain the best possible results. The McGrath team strive to consistently deliver accountable results for its clients with total integrity and transparency. The company continually achieves the highest residential prices and set suburb records throughout its reach. Some of the benchmark results recorded are:
In September 2006, set new Australian apartment record for a 4 bedroom apartment at Walsh Bay for over $16 million. In October 2007, set new Australian record for a 5 bedroom home, 'Tahiti', in Vaucluse for $29 million. In September 2008, set new Australian record for a waterfront home in Coolong Road, Vaucluse for $45 million. McGrath's belief that the success of a sale and the maximising of the price relied on the ability to have properties stand out in the marketplace. In February 1998, McGrath's Corporate Headquarters moved into state of the art premises in Edgecliff. In addition to residential sales, McGrath is now a total solution property services company that also offers:
Project Marketing
Commercial Sales
Property Management
Executive Leasing
Financial Services to clients through Oxygen Home Loans
Career Training through McGrath Total Real Estate Training. In August 2000 McGrath Partners changed its name to McGrath Estate Agents to reflect the company's broadening vision from a traditional boutique real estate company to one of a full-service property group. McGrath is continually expanding it reach and marketshare with 36 offices located throughout Sydney, the Central and North Coast, Southern Highlands, Wollongong and most recently, the ACT and South-East Queensland.