McGrath opens in Caboolture as region prepares for major growth

McGrath Estate Agents has announced the opening of its newest office in Caboolture, strategically positioning the brand in one of South-East Queensland's most significant growth corridors.

The new office is led by Principal Matt Stone who sees enormous potential in the region as it

undergoes a period of unprecedented transformation.

"Caboolture is on the cusp of something really exciting," Mr Stone said. "With the Waraba

development set to deliver 30,000 new homes for approximately 70,000 residents over the coming

decades*, this region will see sustained demand for quality real estate services for years to come.

“The sales volume and price growth across Caboolture and the surrounding area in recent years

demonstrates an evolving market,” he added.

"We've already secured some key strategic hires to join the team, which speaks to the calibre of

opportunity here. Our focus is firmly on growth, and we want to build a team that reflects the energy

and ambition of this region," said Mr Stone.

The Waraba Priority Development Area, formerly known as Caboolture West, was officially declared in

August 2024 and spans approximately 2,900 hectares. Once complete, the development will rival the

size of Mackay. It will include new schools, community hubs, retail centres and employment precincts

across multiple suburbs including Lilywood, Wagtail Grove, Greenstone and Corymbia.

The region's appeal is further strengthened by significant infrastructure investment, including plans for

the Bruce Highway Western Alternative and major upgrades to local road networks**, ensuring

connectivity to Brisbane and the broader Moreton Bay region.

Chris Mourd, Head of Franchise at McGrath Estate Agents, said the Caboolture office reflects the

group's ongoing commitment to expanding its Queensland network.

"Queensland continues to be a major focus for McGrath, and the South-East Queensland growth

corridor in particular presents outstanding opportunity," Mr Mourd said. "We're seeing strong

population growth, interstate migration and infrastructure investment right along this corridor, and

we want to ensure we have the right people on the ground in the right locations.

"Opening in Caboolture is a natural next step as we continue to strengthen our presence across

Queensland. Matt and his team are well placed to deliver the level of service McGrath is known for in

a market that is only going to get busier."

The median house price in Caboolture has climbed to $820,000, a rise of 12.3 per cent in the past 12

months. Units have shown an impressive increase of 26.7 per cent to a median of $525,000 over the

same period.

The McGrath Caboolture office is now open and servicing Caboolture, Morayfield and surrounding

areas.

McGrath Caboolture

8/75 King Street, Caboolture QLD 4510

Ph: 0424 535 703