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Raine & Horne opens new office in Craigieburn

Raine & Horne has opened its 20th new office in the last six months, with the launch of a business in Melbourneโ€™s north, withย Gerry Verma and Terry Singh at the helm.

Randolph Clements, Managing Director, Raine & Horne Victoria, said, โ€œCraigieburn is strategically vital to our expansion as it is now a suburb to watch after being overlooked by owner-occupiers and investors for many years.

โ€œCraigieburn now has some of Melbourneโ€™s best shopping centres including the stunning Craigieburn Central, where Raine & Horne Craigieburn is strategically located, and Highlands Shopping Centre.”

Expanded shopping precincts are an excellent sign that significant retailers believe a suburb or region has excellent growth prospects, said Mr Clements.

โ€œRaine & Horne has identified the region as a major Melbourne growth hub, and we are delighted that Terry and Gary have agreed to establish a beachhead in this critical market for our business.

โ€œDevelopers have shifted to the area, and the resulting subdivisions and the magnificent homes have combined to elevate Craigieburnโ€™s reputation with buyers.โ€

The proximity of Craigieburn to Tullamarine Airport is another major factor in the suburbโ€™s appeal.

โ€œCraigieburn is not far from Campbellfield which is a major centre for the many transport companies who need to be close to the airport. The proliferation of nearby transport businesses is creating work for residents living in Craigieburn,โ€ Mr Clements said.

The suburbโ€™s proximity to the airport coupled with its relative affordability is helping to attract Sydney downsizers to Melbourne suburb, according to Mr Singh, who has a masterโ€™s degree in commerce from the University of Ballarat and is a former accountant.

โ€œThe median house price in Craigieburn is $525,000. So, downsizers can sell a small house in Sydney and buy a property in Craigieburn to live in, and another house as an investment asset,โ€ Mr Singh said.

โ€œBy being close to the airport, new Craigieburn residents can easily get back to visit friends and family in Sydney,โ€ Mr Singh said.

 

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