HIA Reveals Australia’s Top Homebuilders for 2018

Metricon Homes has been revealed as Australia's number one residential builder, based on the number of home builds commenced this past year.

Figures released through the HIA-Colorbond steel Housing 100 Report listed the nation's top 100 residential builders, marking 2017-18 as one of the strongest years on record with 222,000 new homes commenced.

Results also indicated the year as the strongest for detached house builders in the last 18 years.

The builders listed were responsible for 69 per cent of the detached homes built in Australia over the past year with revenue earned increasing by 12.3 per cent to $25.39 billion in 2017-18.

Metricon Homes was named Australia’s number one home builder for the third year in a row, reporting a total of 4,764 starts across Victoria, Queensland, NSW and South Australia – 400 more homes than a year earlier.

HIA Top Homebuilders for 2018

RankCompanyStarts 2017/2018
1Metricon Homes4,764
2Dyldam Developments Pty Ltd4,306
3Multiplex Group3,267
4ABN Group3,243
5Simonds Group2,500
6MJH Group2,352
7Henley Properties2,237
8GJ Gardner Homes2,153
9Meriton Apartments2,117
10Burbank Group2,087
11Porter Davis Homes1,617
12Impact Group Aus Pty Ltd1,525
13Carlisle Homes Pty Ltd1,403
14Hickinbotham Group of Companies1,378
15L.U. Simon Builders Pty Ltd1,363
16JG King Pty Ltd1,327
17Clarendon Residential Group1,217
18Dennis Family Homes Pty Ltd1,205
19Dennis Family Homes Pty Ltd1,190
20Mirvac Group1,166

Of these starts, 3,876 were detached houses and 491 were semi-detached dwellings.

“We are delighted to be ranked number one for the third consecutive year,” Metricon director Peter Langfelder said.

“Our customers have and always will be our top priority, and it is a privilege that Australian home buyers continue to trust us with the most important purchase of their lives.”

Interestingly, the number of homes built by the top 100 builders in Australia fell for the first time in five years.

The report highlighted a shift in focus from building businesses away from the number of homes, to instead improving the efficiency of their business in preparation for a slowdown across the market over the next couple of years.

“Encouragingly, the report highlights that there is still a strong building industry and demand for quality home builds Australia-wide,” Langfelder said.


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Article originally posted at: https://www.theurbandeveloper.com/articles/hia-reveals-australias-top-homebuilders-for-2018