McGrath Estate Agents has recently announced the opening of two new franchise offices in Mollymook and Ulladulla.

They will be led by principals Andrea and Rodney Tucker, confirming McGrath's position along the eastern seaboard markets in NSW. 

Christoper Mourd, Head of Franchise at McGrath Estate Agents said they were excited to further cement their position on the South Coast of NSW.

"Mollymook and Ulladulla both have deep connections to our core markets of Canberra and Sydney," said Mr Mourd.

"It has long been considered a favoured region for holiday makers and sea changers, even more so since the opening of Bannisters Pavillion.” 

McGrath Mollymook and Ulladulla will service the area from Lake Canjola in the North, Yadboro in the West to Dolphin Point in the East down to Bawley Point in the South. 

Ms Tucker said that after seven years of running a successful brand, she wanted to expand her business and cast a wider net.

"I have always been committed to delivering the highest quality service to our values clients," said Ms Tucker

"As part of that commitment, I decided to partner with what we consider Australia’s leading residential agency.

"McGrath is a company that is synonymous with unparalleled professionalism and success across the real estate landscape.

"This partnership is a natural progression for our business and will allow us to provide our customers with exceptional
service and care.” 

In relation to the local market on the NSW south coast Ms Tucker said peaks and troughs were characteristic of the year.

“It has been a remarkable year...starting off the back of a booming market followed by a lull around the end of the financial year coupled with the federal elections," said Ms Tucker. 

"As interest rates have remained low, we are now experiencing both activity and growth back into the market.

"The local area is fortunate in that it attracts buyers from all along the eastern seaboard and Canberra.

"We are seeing a heightened number of young professionals relocating to the area and working remotely and a spike in retirees coming to the area, selling their inner city homes and buying a home similar in size by the ocean.” 

In the last 18 months the team at Mollymook and Ulladulla properties that have sold include:

• 62A Clyde Street, Mollymook for $1,120,000 at auction
• 3A Cornfield Parade, Fishermans Paradise for $1,230,000 selling $280,000 over the reserve price at auction
• 22 Tallwood Avenue, Mollymook for $1,120,000 which is high above the area’s median selling price of $610,280 as quoted by RPData.

As well as Clyde Street, Andrea also holds many street records throughout the area including 35 Bushland Avenue, Mollymook for $1,173,000, 5 Latta Street, Mollymook for 1,225,000 and 16 Beach Road, Mollymook for $1,875,000. 

Mollymook has a strong holiday rental market, with both long and short term rentals available.

McGrath Mollymook and Ulladulla offer residental sales, residential leasing, long and short term holiday rentals.

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