Media release - Thursday 16^th August, 2012

R&H continues Queensland expansion

Leading real estate firm, Raine & Horne, is continuing its expansion into Queensland with the launch of an office at Pacific Pines on the Gold Coast.

Led by 32 year old principal, Julian Porter, Raine & Horne Pacific Pines, located at Shop 8, “Pines Point”, 25 Pitcairn Way, Pacific Pines, is poised to provide vendors and home buyers in the Gold Coast’s north with a premium level of customer service and property choice.

“Our vision is to be the number one real estate service provider is the northern section of the Gold Coast through professional, reliable and ethical business practices,” says Mr Porter, who is also the principal of Raine & Horne Oxenford.

“We are open seven days and have handpicked a team of experienced salespeople, property managers and administration staff to ensure our clients receive the highest standard of service every time.”

Raine & Horne’s strong reputation on the Gold Coast, according to Mr Porter, made the decision to launch a second office with the recognised real estate Superbrand a straightforward decision.

“Raine & Horne Pacific Pines will have access to the network’s broad range of products and services, allowing us to provide our clients with a level of service they have yet to experience.”

Mr Porter says the ongoing appeal of Raine & Horne is its superior market presence, powerful branding and the fact it’s one of Australia’s oldest family-owned businesses.

“The Raine family is still very much involved with the day-to-day running of the company and the brand itself compliments the culture of Raine & Horne Oxenford and Pacific Pines, which is important for us as a market leader in the area.”

Mr Porter, who has been selling homes in the region for over a decade, says now is the right time to establish Raine & Horne Pacific Pines.

“Pacific Pines is geared for growth with more than 40 parks, sporting fields, five local schools, shopping centres and plenty of amenities, as well as the major Australian theme parks of Dreamworld and Wet & Wild on our doorstep.”

“Given its close proximity to Brisbane, Coolangatta Airport, local beaches and the Gold Coast, Pacific Pines is popular with families and presents a great opportunity for capital growth.”

According to Australian Property Monitors (APM), the median sale price for a house in Pacific Pines is an affordable $420,000, while it’s around $300,000 for units.[i]

Mr Porter recently sold 36 Galapagos Way, Pacific Pines for $475,000. “This stunning four bedroom property is built on a 719sqm block and contained a contemporary designed Caesar-stone kitchen and in-ground swimming pool.”

“Furthermore, the elevated position of the suburb means there are many homes in Pacific Pines that enjoy magnificent views of the coast and hinterland.”

While the majority of residents in Pacific Pines are owner-occupiers, Mr Porter says the area has significant appeal for astute investors.

“Investors will be attracted by the strong rental yields of up to 7% generated by some newer homes, which is ideal for those wanting healthy rental returns and the benefits associated with depreciation,” says Mr Porter.

“At the moment, I have never seen rental yields representing such outstanding value.”

In welcoming Raine & Horne Pacific Pines to the network, Angus Raine, CEO Raine & Horne, confirms that the Gold Coast is a natural location for his network’s newest office.

“The Gold Coast is a region where the Raine & Horne name is synonymous with integrity and it’s exciting to continue our relationship with a dynamic agent like Julian,” says Mr Raine.

“Julian opened Raine & Horne Oxenford office in 2007 at just 27 years of age, making him one of the youngest real estate principals in Queensland.

“We are therefore very fortunate to have Julian at the helm of Raine & Horne Pacific Pines, especially considering that he is now recognised as one of Raine & Horne’s top salesmen in Queensland, with more than 500 negotiated property transactions in the Gold Coast region.”

For all your sales and property management needs in Pacific Pines, contact Raine & Horne Pacific Pines on 07 5580 1199.

-ENDS-

For further media information or if you wish to attend the presentation contact:

Julian Porter, Principal Raine & Horne Pacific Pines on 0408 915 748

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

[i] http://www.homepriceguide.com.au/Research/?AddressLine=hurstville&LocationType=Suburb&State=NSW&SuburbId=21712

Young gun agent launches second Raine & Horne office at Pacific Pines