McGrath Estate Agents shows continued confidence in the Queensland property market with the opening of a new office, McGrath Whitsunday to service the Sunshine State’s northern tropical coast.

Chris Mourd, Head of Franchise Network for McGrath says, “Over recent years we have seen a great demand from our existing clients in key markets of Sydney, Melbourne and Brisbane that we service expressing an interest in buying property in northern Queensland, so it was important for us to partner with the right local operator who is both well known, has a deep knowledge of the region and a reputation for excellent customer service.

“The Whitsunday region has enormous appeal and potential as it offers one of the most desired tropical lifestyle destinations in Australia. Its easy access to major centres with direct flights to Brisbane, Sydney and Melbourne, as well as other regional airports makes it very attractive to those wanting to relocate, invest or have second homes in one of the most picturesque havens in the world.

“Importantly, the Queensland Government’s extensive pipeline of projects will assist sustaining the region’s economic growth and support a secure future for the region. They have committed to deliver a $623.4 million capital works program in the Greater Whitsunday region, providing essential infrastructure to meet the increasing service needs of residents and directly support 2,100 jobs.” *[Source 1]

The Winchester South project expecting to start construction in 2026, will support up to 500 construction jobs over the life of the project and create up to 500 long term regional jobs and the Peak Downs Mine Continuation project south-east of Moranbah will support up to 160 construction jobs and 2,400 operational jobs. **[Source 2]

Highly experienced local real estate professional Andy Camm will be Principal and joined by an initial team of three, including lead agent Helen Maund in a new office located in Airlie Beach.

McGrath Whitsunday will service the area from Guthalungra in the north, to Mount Coolon in the south, to the Whitsunday Islands in the east, to edge of Mount Wyatt in the west. Key focus will be on Airlie Beach, Hamilton Island, Cannonvale, Jubilee Pocket, Proserpine and surrounding rural areas between Cannonvale and Proserpine.

Having grown up in the Whitsunday area, Mr Camm himself has seen its evolution firsthand as well as its price growth over the past 30 years. Mr Camm recently sold a beachfront 3-bedroom, 2-bathroom apartment at 6/36 Coral Esplanade, Cannonvale for $900,000.

He explains, “Lifestyle continues to be a big drawcard, attracting families and retirees to the area for its natural beauty, Islands, pristine beaches and connectivity. Additionally, we have seen the greatest southern migration in the history of the area, from families relocating due to the close proximity of the mines and the opportunities for work in the local construction industry. As with all Australia, the Whitsunday region has experienced its strongest years with regards to the rental demand and return for property investors, with vacancy rates consistently hovering around 1% or below for the past 3 years.

“At present 3 – 4 bedroom houses in Cannonvale/ Jubilee Pocket priced between $600,000 to $800,000 and are in high demand along with units/ townhouses in Cannonvale between $250,000 to $450,000. Many other areas of the Whitsunday region have also had significant price growth due to demand from southern migration to the area,” Mr Camm concludes.

McGrath Whitsunday will be located at 1/279 Shute Harbour Road, Airlie Beach 4800

* [source 1]: https://www.statedevelopment.qld.gov.au/regions/queenslands-regions/grea...

** [source 2]: https://www.statedevelopment.qld.gov.au/coordinator-general/assessments-...