Local Real Estate Agent, Rachael Goldsworthy, says, “McGraths Hill is a middle class, family area. It’s popular for a lot of reasons. There are public and private schools and very large sporting grounds of Colbee Park. It’s close to the water, so there are plenty of recreational activities, a cycle way and boat ramps.It also has Bunnings, Aldi, a Home Centre and a number of quality specialty stores and restaurants.“
McGraths Hill is on the Hillsbus routes to Westfield at Rouse Hill and Windsor and close to the M2 motorway.
“We recently sold a four bedroom home in Books Crescent for $460,000. It is a good area for owner-occupiers as well as investors given that there is so much nearby and it’s within a reasonable commute proximity to the city, Parramatta and Norwest.”
“McGraths Hill is popular. We currently have homes listed in Kallawatta Crescent and Books Crescent. The last property we sold in Books Crescent went for $460,000, so there is great potential in this area for investors as well as families.”
“Median house price in 2011 was $450,000. This has increased from $290,000 over the last ten years (2002 median price).
“Last month a 22.5% increase in capital growth was reported by real estate analysts, RP Data, which was more than double that of the Hawkesbury,” said Ms Goldsworthy.
Key Facts
• McGraths Hill is 44 kms North West of Sydney CBD and is part of the Hawkesbury Shire. It is bordered by Vineyard and Windsor. It covers approximately 3 square kilometres.
• It was settled in the early 1800s. It was used primarily for farming and grazing.
• The population doubled between 1981 and 1991, but has remained stable over the last few years.
• Current population is 2,477 (according to ABS 2006 census).
• There are 855 dwellings. 75% owner occupied.
• Average number of persons per dwelling is 2.91
• Average age of residents is 32 years (5 years lower than national average).
If you require any further information please do not hesitate to contact Rachael Goldsworthy on 0418 410 498.
