FRANCHISE NEWSNEWSNSW

Boutique group continues strategic expansion, opens seven offices in 11 months

Boutique real estate group, Starr Partners, will extend its NSW presence with a new Ropes Crossing office opening today.

Ropes Crossing is the group’s seventh network addition in the last 11 months, following offices in Glenmore Park, Newcastle, Liverpool, Maitland, Minchinbury and Miller opening in 2017.

Starr Partners CEO Douglas Driscoll says the group is focused on strategic network expansion following its success in the Sydney market.

“As a group, we are committed to focusing on quality over quantity. Having said that, the new additions to our network within the last year are of the highest pedigree. The Penrith, Liverpool and Hunter regions have experienced strong buyer demand and we forecast these regions will grow in popularity over the coming years – particularly as building and transport developments gain momentum. Town planners have really considered the future of these areas and are focused on making them extremely desirable to live,” says Douglas.

Penrith was recently named as one of Australia’s top 10 fastest growing areas for medium density housing, while Newcastle averaged seven per cent price growth per annum in the last five years with median house prices believed to increase by 12 per cent (cumulative) between 2017 and 2020.

Starr Partners Ropes Crossing will be managed by Scott Edwards, who is also the Director of Starr Partners offices in Erskine Park, St Marys and Minchinbury.

Scott says the suburb’s positioning between Penrith and Blacktown and family feel are starting to make it a popular choice among first-home buyers.

“Ropes Crossing is a relatively new suburb in Western Sydney that will see a strong increase in buyer demand over the next few years. The area is a hidden gem for families and young couples, offering plenty of large homes and estates, updated shops, quality schools and picturesque walking tracks.

“The local market has stabilised over the past few months, but we are starting to see more buyers enter the area, which is helping the market pick up.”

Buyers and sellers in Ropes Crossing will benefit from Scott Edward’s 15 years’ experience and property expertise in the neighbouring suburbs of Erskine Park, St Marys and Minchinbury. Starr Partners Erskine Park and St Marys office placed 25 on REB’s top 50 sales ranking in 2017.

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