New office for resilient Canning Vale property market

10 June 2010

New office for resilient Canning Vale property market


Canning Vale is one of WA’s most resolute real estate markets, and now local home owners have additional choice with the opening of Raine & Horne Canning Vale.

The new office, part of Raine & Horne’s growing WA network, is lead by father and son team Peter and Stephen Arscott, and is located at Suite 1, 300 Vahland Avenue, Willetton.

Peter Arscott said the decision to establish Raine & Horne Canning Vale was easy.

“I’ve been part of the network for five years as a partner in Raine & Horne Thornlie, and have really enjoyed this involvement," he said.

“Raine & Horne is also the best supported and most professional franchise group I have ever been involved with."

Mr Arscott, 63, has significant franchise experience following stints with a leading Australian rental car group, a service station franchise and another Australian real estate network.

“Raine & Horne offers excellent tools, services and training to franchisees and staff. The systems and IT support are second to none,” he said.

“I’m also impressed with the consistency and the way the offices across the group collaborate to support the needs of property consumers.

“It’s exciting times for Raine & Horne as we continue to build a strong market presence in WA."

His stint with nearby Raine & Horne Thornlie provided Mr Arscott with excellent local market knowledge, while the opportunity to establish a joint venture with son Stephen was another significant factor.

“We are family oriented and Stephen has been consistently rated as one of the leading agents in the Raine & Horne group in WA."

Raine & Horne Canning Vale will service Willeton and Canning Vale and according to Mr Arscott, the local market is extremely resilient.

“We have a good balance between homes for sale and buyer enquiries,” he said.

“If sellers price their homes correctly in this market, they will find willing and motivated buyers.

“Buyers are astute about the value of a home as they have so many online tools such as Raine & Horne’s website that they can use to compare homes."

The ability to secure new and near-new homes is the major attraction of Canning Vale and Willeton, he said.

“We have homes that were built 15 years ago through to houses currently under construction,” said Mr Arscott.

“The median price at $600,000 for an average four-bedroom, two-bathroom home, with excellent finishes, is another attraction.

“The 35 minute commute to Perth CBD is also underpinning buyer interest in Canning Vale. The Canning Vale industrial precinct along Bannister Road to the Thornlie boundary also offers local job and business prospects, which is attractive to buyers.”

Raine & Horne WA CEO Mark Sinclair said it was a great time to establish Raine & Horne Canning Vale, as the local market’s resilience was attracting savvy second, third and fourth time home buyers.

“Peter and Stephen are also well-known for their commitment to the local community and we expect Raine & Horne Canning Vale to make a significant contribution to the local property market,” Mr Sinclair said.

The highly professional and experienced team at Raine & Horne Canning Vale is ready to help you realise your goals in all areas of real estate including residential sales and management.

Raine & Horne is an iconic Australian property firm, with more than 400 offices worldwide. Also an established Superbrand along with the likes of Qantas, Vegemite, Woolworths and Myer, the company has four distinct property service brands including Raine & Horne Residential, Raine & Horne Commercial, Raine & Horne Financial Services and Raine & Horne Rural.

For all your property needs contact Raine & Horne Canning Vale on (08) 9457 4444.

For more media information contact: Raine & Horne WA CEO Mark Sinclair on 08 9367 1999 or Peter Arscott Raine & Horne Canning Vale on 0417 940 766.