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




Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

OUR SAY: The night that matters

Prime Minister Malcolm Turnbull (L) and Treasurer Scott Morrison during Question Time at Parliament House in Canberra on Wednesday, March 16, 2016. (AAP Image/Mick Tsikas) NO ARCHIVING

Budget pivotal in outcome of Federal election

Unions urge Kevin Hogan to stand up

Clarence Valley Community Union members state their case outside Kevin Hogan’s office.

Education, Medicare and penalty rates on the agenda

Valley seniors have state's worst access to public transport

Poor planning leaves poorest seniors high and dry

Latest deals and offers

Clarence Valley Council evacuation

Clarence Valley Council general manager Scott Greensill talks to the four staff kept in isolation after discovering white powder in a mail delivered to the council records room.Photo Tim Howard / Daily Examiner

Fire And Rescue NSW Grafton station officer Col Drayton explains the emergency...

Unions protest against education and Medicare cuts

PROTEST: Stephen Fletcher, Sharryn Usher, Darryl Chaffey and Robert Usher perform a stunt outside Kevin Hogan's Office.

Clarence Valley Community unions representative Sharryn Usher led a protest outside...

The McClymonts announce show at Saraton Theatre

THE McCLYMONTS: Mollie, Sam and Brooke are coming home to play at the Saraton Theatre in August.

Grafton's favourite homegrown trio The McClymonts announce a show at the Saraton...

How a sacked real estate agent made $725k in four months

Agent is now under investigation by the industry watchdog

VIDEO: Art Deco fan pays $835,000 for Imperial Hotel

No Caption

Iconic "Impy" sold at a bargan price to bidder who loves Art Deco.

RBA warns of future apartment oversupply

Toowoomba: Crest Apartments and Burke & Wills, Ruthven Street ( view from Neil Street) Photo Bev Lacey / The Chronicle

RBA says oversupply of apartments poses risk to household finances