Australia’s biggest builders getting bigger: HIA

Australia’s largest builders have grabbed a bigger share of the new home market thanks to the tripling of the First Home Owner Grant.

Despite a slide in overall starts, many in the Housing 100 list were able to boost business with new developments.

The survey said 49,360 dwellings began in 2008/09 – 39,947 were detached houses with the balance classified as units and apartments.

The number of new residences to be constructed last year was 3,455 fewer than the year before.

Western Australia based BGC (Australia) was the country’s biggest builder by output for the sixth year in a row – it had 3,844 starts, an increase on the previous year (3,304).

In 2008/09 the company constructed 3,580 detached houses and 264 units.

Meriton Apartments was the nation’s largest multi-unit builder with 1,791 starts – an increase on 707 in 2007/2008, when it finished fifth.

HIA’s Chief Economist, Dr Harley Dale, said that the tripling of the First Home Owner Grant to $21,000 favoured larger builders and prevented a more significant fall in overall starts.

LARGEST 20 HOME BUILDERS

1 BGC (Australia) 3,844 starts in 2008/2009
2 Alcock/Brown-Neaves Group* 2,872
3 Metricon Homes 2,237
4 Meriton Apartments 1,791
5 Simonds Group 1,635
6 Henley Properties 1,596
7 JWH Group 1,390
8 Porter Davis Homes 1,342
9 Mirvac Group 1,283
10 Hickinbotham Group of Companies 1,265
11 Hickory Developments Pty Ltd 1,114
12 GJ Gardner Homes** 1,012
13 Devine Group 923
14 Dennis Family Homes 917
15 JG King 883
16 Multiplex Limited 873
17 Burbank Homes 869
18 Hotondo Homes** 864
19 Clarendon Residential Group 858
20 Coral Homes*

* Some dwellings built under franchise
** All dwellings built under franchise
Source: HIA

FASTEST MOVING 20 HOME BUILDERS (Builders who increased their starts by 100 or more)

RANK/DEVELOPER/INCREASE IN STARTS 2008/2009 (number) (%)

4       Meriton Apartments   1,084   153%
11     Hickory Developments Pty Ltd    981   738%
16     Multiplex Limited     556   175%
1       BGC (Australia)     540    16%
5       Simonds Group      382    30%
8       Porter Davis Homes     237    21%
43     FKP Construction     222   200%
32     Carlisle Homes Pty Ltd     157    59%
17     Burbank Homes      154    22%
53     Redink Homes Pty Ltd     114    88%
46     Diploma Group Limited     112    59%
27     Orbit Homes Group     104    18%
42     Bloomer Constructions Pty Ltd    100    40%

Source: HIA

Share or Recommend article

Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

Leave a Reply

Your email address will not be published. Required fields are marked *