The latest HIA-COLORBOND® steel Housing 100 Report for 2013/14 has just been released and WA finished strong, with 9 of the top 20 largest home builders being West Australian based.
BGC were ranked Australia's second largest home builder in 2013/14, with 5,004 housing starts in WA, next to NSW based Meriton Apartments, who knocked them off this years top spot, constructing 7,929 apartments in New South Wales and Queensland. However, BGC still remain the nations largest detached housing builder for the ninth time in 11 years.
The Alcock Brown-Neaves Group finished in third place, constructing 4,142 new dwellings. The ABN Group finished second for detached homes. Brookfield Multiplex moved from outside the ranking range to 6th place in 2013/14, with 2,189 new builds. JWH Group slipped from 7th to 8th place, with 1,425 new builds.
Pindan finished in 10th place, with 1,334 new builds. In multi-unit construction, Pindan was the highest-ranked WA-based builder, coming in fourth overall, with 1,175 apartment starts.
G.J. Gardner* moved up one to 11th place, with 1,313 new builds. G.J. have 4 franchises across Western Australia. Redink Homes Pty Ltd / 101 Residential Pty Ltd moved up three to 14th place, with 1,175 new builds. Content Living remained at 15th place, with 1,155 new starts.
Finally, The Summit Group slipped 5 places to 18th place, with 1,004 new starts in 2013/14.
In multi-unit development, Pindan finished in fourth place; followed by BGC Construction at fifth place, Diploma at sixth, Jaxon at 12th place, Danmar Homes at 13th and Nicheliving at 17th place.
Total home starts in WA for 2013-14 exceeded 28,500, while the total number of housing starts across Australia rose by 31 per cent compared to 2012/13. HIA WA executive director John Gelavis, said the strong performance from WA's housing sector was a long overdue reaction to the state's population increase and came at a time when the state’s resources sector was facing a multitude of challenges.
Mr Gelavis also stated that “This last financial year was a strong one for the national new home building sector" and “The key is to ensure that the 180,000-plus dwellings Australia started in 2013-14 becomes the new benchmark average level in a new home-building cycle."
*Have franchises in West Australia.