Sydney's top 5 home builders in 2024

Are you ready to start building a home in Sydney but aren’t sure where to start? Hiring the services of a specialist development or construction company may be one option worth considering.

Image source: shisu_ka/Shutterstock.com

Are you ready to start building a home in Sydney but aren’t sure where to start? Hiring the services of a specialist development or construction company may be one option worth considering.

Top 5 home builders in Sydney, NSW

The top home builders for Sydney, NSW in 2022/23 were revealed by industry housing experts HIA in its latest HIA-Colorbond steel Housing 100 Report. The report details the top builders nationally and by state, based on the number of homes they started working on throughout the financial year (new housing starts).

1. NXT Building Group

NXT is an integrated building group that consists of seven brands: McDonald Jones Homes, Mojo Homes, Brighton Homes, Wilson Homes, Weeks Homes, McDonald Jones Communities and Arden Homes. If builds a broad range of detached residential housing, investment and multi-unit solutions.

NXT Building Group started 1,228 builds in NSW in 2022/23. 1,127 of these were new houses.

2. Meriton Apartments

Meriton Apartments concentrates on designing, developing and building apartments in some of Sydney’s most popular locations. It was founded by billionaire real estate developer Harry Triguboff. HIA statistics show it’s currently the 19th-largest home builder in Australia, and the third-largest apartment builder.

Meriton Apartments started 926 builds in NSW in 2022/23. All of these were units.

3. Parkview Constructions

Parkview is a privately-owned construction group based in Sydney. As well as building residential apartment complexes, Parkview has also delivered construction projects in other sectors such as aged care, retail and industrial.

Parkview started 894 new home builds in NSW in 2022/23.

4. Masterton

Masterton specialises in residential construction, whether it be project homes, custom design, dual-occupancy or investor-style homes. It also trades as Masterton Homes, Masterton Constructions, New Living Homes and New Edge Homes.

Masterton started 813 builds in NSW in 2022/23.

5. Eden Brae Group

Eden Brae Group builds medium density housing – from initial design, sales and construction. Projects vary from individual contract housing, to large and medium density developments.

Eden Brae Group started 642 builds in NSW in 2022/23.

What’s happening in the Sydney building market?

Building approvals data for March 2024 from the Australian Bureau of Statistics showed New South Wales experienced a 1.2% decrease in homes approved for construction.

The median house value in Sydney is currently $1,379,375 according to CoreLogic analysis (as at 31st March), making it the highest in the country. This median value is nearly $400,000 more than Melbourne at $778,892 as the second highest.

HIA’s report shows that New South Wales had the third largest number of homes (10,032) built by members of the Housing 100. “This accounted for just 21 per cent of the total number of new homes built in the state during the year, the smallest market share amongst the mainland states”.

Top home builders in other cities

Image source: shisu_ka/Shutterstock.com

This article was reviewed by our Editor-in-Chief Nina Rinella before it was updated, as part of our fact-checking process.

Mandy Beaumont

Former Content Lead

Former Content Lead, Mandy Beaumont, has had a long career in the publishing and university sector as an award-winning author, journalist and creative writing academic. She’s been a course convenor in creative writing and communications at Griffith University for more than a decade, holds a PhD and a master’s in creative writing from RMIT and QUT respectively, and has written for The Big Issue, Melbourne Writers Festival, the Australian Council of Trade Unions the Queensland Nurses and Midwives’ Union, as well as many other well-known newspapers and journals in Australia and overseas. Mandy’s short fiction writing and her novels have won, been shortlisted and longlisted for prestigious prizes and awards such as The Stella Award, the QLD Literary Awards, the Richell Prize, the Dorothy Hewitt Award and the MOTH International Short Story Award. Mandy released a new novel with one of Australia’s largest publishing houses, Hachette Publishing in early 2025 called The Thrill of It. After many years of working with trade unions and renting, Mandy has a keen interest in superannuation (particularly worker’s capital) and the housing market in Australia.