meriton-builders

Meriton Now Australia’s No.1 Developer

Market Insights
9 years ago
1 minutes

Harry Triguboff’s Meriton is now Australia’s leading property developer following a huge 2013/14.

The Australian Bureau of Statistics figures are due in October, yet HIA Housing 100 has estimated that housing-starts have increased by 12.7% over the past 12 months. Australia’s Top 100 builders increased their home starts by a staggering 30.6% to 66, 764 individual homes.

Meriton, owned by BRW Rich Lister Harry Triguboff, has topped the charts. Billionaire, Harry Triguboff, Australia’s 8th richest person, now possesses Australia’s most prosperous and active developer. Meriton’s commencements rose from 2,573 last year to 7,929 this year.

BGC Australia came in second with 5004 starts, with Alcock Brown-Neaves, Metricon Homes, Simonds Group and Brookfield Multiples filling the remainder of the top 5.

The Top 20 list is as below.

1. Meriton (previously ranked 4th) - 7,929 homes-started

2. BGC (1st) - 5,004 homes-started

3. Alcock Brown-Neaves (2nd) - 4,142 homes-started

4. Metricon (3rd) - 2,703 homes-started

5. Simonds Homes (5th) - 2,593 homes-started

6. Brookfield Multiplex (-) - 2,189 homes-started

7. Henley Property (6th) - 1,198 homes-started

8. JWH Group (7th) - 1,425 homes-started

9. Porter Davies Homes (10th) - 1,359 homes-started

10. Pindan (8th) - 1,334 homes-started

11. GJ Gardner Homes (12th) - 1,313 homes-started

12. Hickinbotham (9th) - 1,309 homes-started

13. LU Simons Builders (-) - 1,179 homes-started

14. Redink Homes (17th) - 1,175 homes-started

15. Content Livings (15th) - 1,115 homes-started

16. Burbank Homes (14th) - 1,113 homes-started

17. Hotondo Homes (-) - 1,068 homes-started

18. Summit Homes Group (13th) - 1,004 homes-started

19. Eden Brae (18th) - 958 homes-started

20. Masterton (-) - 915 homes-started