Media release - Thursday 7 June, 2012

West Hoxton office joins Raine & Horne 'Superbrand' in Sydney's greater west

Leading real estate firm, Raine & Horne, is spreading its wings once again in Sydney’s greater west, with the launch of an office in West Hoxton.

Led by experienced local agents, Clayton Khamu and Jodie Pace, Raine & Horne West Hoxton, located on the corner of Fifteenth and Edmondson Avenues, West Hoxton, is set to provide vendors and home buyers with more choice and premium level customer service.

“Jodie and I are acreage specialists, however Raine & Horne West Hoxton will be very focussed on marketing residential properties from the outset,” says Mr Khamu, who has worked in the local real estate market for 15 years.

“By joining a recognised superbrand such as Raine & Horne, we will not only break into the housing market, but it will help us attract sales agents with residential experience,” adds Mr Khamu, who is working closely with Raine & Horne’s Business Support & Development Manager, Lizzie Hyland, to recruit staff.

According to Mr Khamu, it’s the combination of housing affordability and proximity to Liverpool, a growing business hub, which makes West Hoxton a star residential market.

“Entry level three-bedroom, two bathroom homes on 500 sqm blocks start from $425,000, which is attractive for first home buyers, while $800,000 will secure a modern, four bedroom home, which is great for second home buyers.

“We also have a new railway line being built with the closest station at Leppington, while West Hoxton is located near to the M5 and the M7, which makes it a 35 minute trip, in good conditions, to Sydney,” confirms Mr Khamu.

Along with the push into residential real estate, Mr Khamu says Raine & Horne West Hoxton will continue to market acreages.

“The average acreage has a price tag of $1.2 to $1.3 million for three acres,” says Mr Khamu.

“Most of the acreages are being secured by owner-occupiers, who operate market farms or use the properties for lifestyle purposes.”

Additionally, many of West Hoxton’s acreages will be rezoned as residential and subdivided in future, notes Mr Khamu.

“This will probably occur in eight to ten years, and as a result, many buyers have an eye on the long-term investment potential of the acreages.”

On a personal level, Mr Khamu, who operated a franchise through a competing real estate network for the past two years, says he switched allegiances because he was impressed by the support and training which Raine & Horne delivers in spades.

“We want to grow the business and take on the competition, and by linking with Raine & Horne, I believe this decision will really help our business meet its goals.”

In welcoming Raine & Horne West Hoxton to the leading real estate network, Angus Raine, CEO, Raine & Horne, says the decision to open an office in West Hoxton is a natural progression and reflects the brand’s growing profile in the Greater Western Sydney real estate market.

“Home affordability is a misnomer when you consider that it is possible to buy a home for under $450,000, which is still within a reasonable commute of job hubs such as Liverpool, Campbelltown, Parramatta and Sydney,” says Mr Raine.

“It’s important we continue to push for improved infrastructure for Greater Western Sydney, as the region can help ease pricing pressures on housing markets closer to the CBD.”

For all your sales and property management needs in West Hoxton, contact Raine & Horne West Hoxton on 02 9606 0067.

-ENDS-

For further media information contact:

Clayton Khamu, Co-Principal Raine & Horne West Hoxton on 0414 480 800

Andrew Harrington, National Marketing & Communications Co-ordinator on 02 9258 5400

Raine & Horne launches residential sales and property management office in West Hoxton