Nathan Green and Aaron Fiora have officially taken over the reins of Raine & Horne Gladstone, building on the outstanding legacy of long-term principal Mark Patton.
The transition comes as the Central Queensland property powerhouse celebrates remarkable recent success, having taken out the Top Office awards for Number of Sales Transactions and Gross Commission Income (GCI) at the 2025 Raine & Horne Queensland Awards for Excellence.
Sales star Steven James was also named the Top Salesperson for GCI and Number of Sales Transactions while emerging agent Kristal Turner ranked fifth for GCI and won the Best New Talent award.
The new owners bring complementary skills to the business, with Mr Green offering a strong background in property management and residential sales, while Mr Fiora contributes expertise in marketing, filmmaking, and digital strategy.
“We’re not here to reinvent the wheel, with the sales team humming along brilliantly,” Mr Green said.
“Mark Patton built a fantastic business over many years, and we’re proud to build on his legacy while bringing new energy to support growth across sales and rentals.”
Mr Patton remains a trusted adviser to the team, with the entire staff retained through the transition.
Mr Fiora said the decision to acquire Raine & Horne Gladstone was driven by the region’s strong growth prospects and the office’s solid performance.
“Gladstone is a growing market, and the numbers stacked up, making this an exciting opportunity. I’m looking forward to enhancing the Raine & Horne brand in the region,” he said.
According to Mr Green, Gladstone’s property market has seen house prices rise by 30% over the past year and apartment values increase by nearly 16%. He forecasts annual gains of around 10% in 2025.
“You can still buy a well-presented four-bedroom property on a generous block for around $500,000 or secure an apartment near the waterfront and cafes for $300,000 to $400,000,” Mr Green said.
“For Sydney homeowners who’ve just sold for $1.5 million, Gladstone presents the opportunity to buy two properties outright for the same amount. That level of affordability is increasingly rare.”
The robust local economy, anchored by Queensland’s largest multi-commodity port, continues to support a high-demand workforce and strong rental returns, with yields as high as 6%.
“Because of the robust economy, we’re seeing consistently strong rental returns. Occupancy rates are extremely high, which is attracting savvy investors from Sydney, Melbourne, the Gold Coast, and Sunshine Coast—many buying sight unseen,” he said.
Mr Green added that their decision to align with Raine & Horne was reinforced after attending the group’s national awards night earlier this year.
“Our first impression of the brand came at the Raine & Horne Awards in February, where we saw just how united and energised the network is,” he said.
“The energy in the room and how the group brings its people together really stood out. We knew then that this was the brand we wanted to align with.”
Angus Raine, Executive Chairman of Raine & Horne, acknowledged the legacy left by Mark Patton and expressed confidence in the new leadership team.
“Mark Patton has built a fantastic business over many years, and we’re proud to see Nathan and Aaron carry forward his outstanding legacy,” Mr Raine said.
“Their combined expertise and fresh energy will undoubtedly enhance the strong foundations Mark has established, driving growth across sales and rentals in the Gladstone region.”
