Top 10 home builders in Brisbane, QLD
The top home builders for 2017/18 were revealed as part of the Housing Industry Association (HIA)’s Colorbond Steel Housing 100 Report. The report details the top builders nationally and by state. To find out the top 10 builders in Queensland (Qld), measured by new buildings constructed (new housing starts), see below:
1. Privium Group (formerly Impact Group)
Privium supplies residential land and house packages for investors, operates as a developer, clears land, manages investment properties and builds owner-occupier homes. It consists of several other businesses, including Impact Homes, Privium Homes and Privium Developments.
During the 2017/18 year, it built 964 homes in Queensland, and a total of 1,525 houses or semi-detached dwellings around the country.
2. G.J. Gardner Homes
G.J. Gardner Homes has offices in Australia, New Zealand and the United States. It has built over 36,000 homes and has more than 120 franchisees.
In 2017/18, G.J. Gardner Homes started 829 new house builds in Queensland.
3. Metricon Homes
Metricon Homes is the biggest builder in the country, according to HIA. It has offices and display homes in Queensland, South Australia, Victoria and New South Wales. It has received multiple awards, including a number of HIA and Design Institute of Australia (DIA) Housing, Kitchen and Bathroom Awards in Queensland.
During the 2017/18 year, the builders at Metricon Homes started work on 786 new houses in Queensland.
4. Henley Properties trading as Plantation Homes
Henley Properties has traded in Queensland as Plantation Homes for more than 20 years, offering fixed price house and land packages, display homes for sale or a house on your land. Henley Properties also trades as Henley Arch and Edgewater Homes.
In 2017/18, Plantation Homes built 752 homes in Queensland.
5. Condev Construction
Condev Construction is based in Brisbane and the Gold Coast, working on construction projects all over Queensland and Northern NSW. It constructs commercial, aged care, education, government and more properties.
It built 603 homes in Queensland during 2017/18, which were predominantly multi-units.
6. Coral Homes
Coral Homes mainly builds down the east coast from Bundaberg to Sydney, but also in South Australia. It has a range of single and double storey home designs.
In 2017/18, Coral Homes built 595 houses in Queensland.
Tamawood is listed on the Australian share market. It’s subsidiaries include Dixon Homes and Dixon Systems.
During the 2017/18, it built 551 houses in Queensland.
8. Tomkins Commercial & Industrial Builders
Tomkins Commercial & Industrial Builders is a family-owned construction company in Queensland, spanning four generations of the Tomkins family. The company has been in the building industry for more than 65 years.
In 2017/18, Tomkins built 502 homes in Queensland, predominantly multi-units.
9. Villa World
Listed on the Australian Securities Exchange, Villa World is a residential property developer in Queensland. It has received HIA awards of Affordable Housing and best Display Home in 2018.
During the 2017/18 year, Villa World built 478 homes in Queensland, most of which were houses.
10. Philip Usher Constructions
Philip Usher Constructions is a residential developer and builder, established in 1987, that works on projects including high-rise apartments, townhouses and industrial buildings.
In 2017/18, it built 441 homes in Queensland, predominantly semi-detached dwellings.
What’s happening in the Brisbane building market?
According to the HIA, new building developments have declined by an estimated 9% in Queensland in 2017/18 compared to the year prior, but the renovations market performed strongly. The renovations market across the country is underperforming more broadly though, HIA said.
CoreLogic is now predicting Brisbane house values will see a correction in 2019. The property research group said apartment values will recover somewhat this year before growing stronger in 2020, as the pressure of oversupply of apartments over the past few years begins to ease. There will still be pressure on house and apartment values in the Greater Brisbane area, such as Ipswich or Logan, it said.
CoreLogic’s Property Market Indicator Summary for May found Brisbane’s house values were down 1.8% in the past 12 months, with the median house value in Brisbane currently at $535,000 and $380,000 for units. By comparison, Sydney’s median house value is currently about $300,000 more expensive.
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