Raine & Horne has opened a new office in Sydney suburb of Hurstville.
Raine & Horne Hurstville, which will incorporate sales and property management services, will be led by long-time local agents, Theo Skropidis and Alan Davie.
It comes not long after the group opened a new office in Carlingford, in Sydney's west.
The new office will service the southern suburbs of Hurstville, South Hurstville, Hurstville Grove, Blakehurst, Connells Point, Allawah, Penshurst and Mortdale.
Mr Skropidis said Raine & Horne’s ‘Global Database’, which touches over one million real estate consumers across the globe, was a key reason he joined the network.
“The Raine & Horne Global Database allows vendors to market their homes not only to potential buyers in Hurstville but also to interested parties as far away as Hobart, Hervey Bay and Hong Kong,” he said.
Additionally, the strength of the Hurstville real estate market made it "an easier decision" for Mr Skropidis and Mr Davie to establish Raine & Horne Hurstville.
“Hurstville has always been a strong sales market with a mixture of properties including units, villas/townhouses, freestanding cottages and brand new family homes,” Mr Skropidis said.
“Hurstville is situated just 20 minutes from the CBD and 15 minutes from the airport, and is also home to a major Westfield shopping centre.”
“It’s the blend of these factors that makes Hurstville a popular market with investors and first home buyers – and popularity helps to generate excellent capital gains.”
Mr Davie will lead the office’s property management division.
Mr Davie, who has lived and worked in Hurstville for over 20 years, said the area is attractive to “shrewd investors”.
“The population has boomed since the recession in the 1990’s, and as a consequence, demand for rental homes is continuing to grow,” he said. “We are confident this trend will continue in the future.”
On a personal level, Mr Davie said he associates respect with the Raine & Horne brand.
“I believe that a family-owned and operated business, such as Raine & Horne, is represented by quality agents that work in an ethical manner and who do all that is required to promote and protect their clients.”