Property

HIA Top 100 home builders

THE latest HIA-COLORBOND® steel Housing 100 Report finds that Melbourne-based Metricon Homes was Australia's largest builder for the second year in a row in 2011/12.

The report, which ranks the nation's largest 100 residential builders based on the number of homes started each year, found that Metricon Homes started 2,821 dwellings in 2011/12, all of which were detached houses. The company operates in Victoria, New South Wales, Queensland, and South Australia.

Alcock/Brown-Neaves Group was ranked Australia's second largest builder in 2011/12 with 2,736 starts, building in the markets of Western Australia and Victoria.

Western Australia builder BGC (Australia) was ranked third with 2,692 housing starts.

Hickory Developments Pty Ltd was the nation's largest multi-unit builder for the third consecutive year with 2,163 starts. This result moved the company up the overall rankings ladder from number five in 2010/11 to number four in 2011/12.

Seventeen builders who featured in the 2011/12 HOUSING 100 did not make the list the previous year. In terms of the largest 20 builders, all were in the HOUSING 100 the previous year, but four builders moved into the top 20 in 2011/12 from outside that ranking range - Pindan Pty Ltd, Meriton Apartments, Eden Brae Homes and Summit Homes Group.

The number of HOUSING 100 starts fell by 7.3 per cent to 48,130 in 2011/12, their lowest level since 1996/97.

In 2011/12 the largest 100 builders started 35,909 houses (down 11 per cent from 40,183) and 12,221 units and townhouses (up 4 per cent from 11,720). The largest 100 builders held a 35 per cent share of Australia-wide housing starts, up slightly from 33 per cent in 2010/11, but below the historical average of 36 per cent.

"This result is consistent with the overall experience of the industry in 2011/12 where new home building conditions weakened considerably across Australia," said HIA Chief Economist Harley Dale.

"The HOUSING 100 and the entire industry can deliver, and indeed Australia's residents have the requirement for, a considerably higher level of housing starts than has been evident over the last couple of years.

"Within an environment of subdued demand conditions, both unilateral and cooperative policy reform could generate a much healthier year for new home building in 2012/13. Sadly, evidence of the will to execute such policy action remains far slimmer than Australia requires."

Topics:  harley dale, hia, hia-colorbond® steel housing 100 report, market




Spiritual Matters: Prayer's power a surprise for some

Ecumenical Prayers for Peace at St Patrick's Cathedral for victims of  MH 17 crash. Candles were lit on behalf of community leaders, each cnadle representing a different nationality.   Photo:  Bev Lacey / The Chronicle

To a modern society, it must seem like an admission of failure

Ghosts reignite finals charge against Panthers

Grafton Ghosts' captain Ben McLennan claws for meters against the Sawtell Panthers during the Grafton Ghosts and Coffs Harbour Comets Group 2 minor semi-final at Frank McGuren Field.

Ghosts dominant in 2016 home ground farewell game.

125th birthday draws crowd to Tucabia

Ex-Tucabia Public School students Betty Freeman, Marie and Jack Preston and Joyce Tarrant at the schools 125th birthday celebration on Saturday.

The old and young celebrate Tucabia's 125th birthday.

Latest deals and offers

MOVIE REVIEW: Life on the Road

Ricky Gervais, Ben Bailey Smith and Foregone Conclusion (Steve Clarke, Andy Burrows, Stuart Baxter Wilkinson, Michael Clarke) in a scene from David Brent: Life on the Road.

Ricky Gervais has brought David Brent back to life on the big screen

Jessica Alba wants tequila shots served at her funeral

Businesswoman and actor Jessica Alba

There won't be mourning at this funeral

Tom Hiddleston's Instagram account hacked

Actor Tom Hiddleston

Thor star the latest celebrity targetted by hackers

Charlize Theron's son dresses up as Frozen character

Actor Charlize Theron

Star's son spotted dressed a beloved Frozen character

BOOKS: Food for thought in Caroline Beecham's latest novel

Maggie's Kitchen by Caroline Beecham is published by Allen & Unwin, RRP $29.99.

New novel reminds readers that bravery exists in many forms

TELEVISION: New show is a Survivor, for now

Jonathan LaPaglia hosts the TV series Australian Survivor.

WHAT happens when a new show with a big budget flops?

REVEALED: Pat Rafter's $18m Coast house on the market

Check out the photos of the Coast's most expensive property for sale

The "correction we had to have" in Gladstone's rentals

UPWARD MARCH: The rental vacancy rate in Gladstone has improved for the first time in more than a year, providing a confidence boost in the market.

Vacancy rates improve with signs that things are getting betterF

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

Investors eye Gladstone's $4m island with resort approval

UP FOR SALE: Turtle Island is on the market.

CHINESE and Sydney investors flag interest in Gladstone island.

Take a sneak peek at this $19m Whitsunday mansion

Mandalay House features a private helipad.

Mandalay is currently on the market with an asking price of $19m