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The annual HIA-COLORBOND® steel Housing 100 report ranks Australia’s largest 100 residential builders based on the number of homes commenced each year.
“Continuing its place at the top of the ladder, Hunter based MJH Group (NXT Building Group) were recognised as the third largest home builder in Australia with 2,865 starts in 2022/23. This included building 2,416 detached houses, making them the third largest builder for this type of home, and third on the list of the largest semi-detached dwelling builders nationally, with 449 starts.
“MJH Group, which trades predominantly in NSW as McDonald Jones Homes and Mojo Homes, also retained its established mantle as the #1 home builder in NSW with 1,228 starts during 2022/23.
“With 236 starts, Belmont based Montgomery Homes, moved up the national list 10 spots to be ranked the 56th nationally and 16th largest in NSW.
“Placed 76th nationally, and on the list for the second consecutive year, was Heatherbrae based Hunter Homes with 141 starts, consisting of 130 houses and 11 multi-units,” said Mr Jennion.
The key highlights from this year’s HIA-COLORBOND® steel Housing 100 report 2022/23 shows that the largest 100 residential builders:
“Victoria is behind Queensland, Western Australia and South Australia in HIA’s latest Housing Scorecard, reflecting a dramatic change in fortunes over the last five years,” stated HIA Executive Director Victoria, Keith Ryan.
This year’s State Budget has largely missed the opportunity to improve the environment for home building and contains negligible measures to increase housing supply, address housing affordability and lower the costs facing new home builders.
The current severe storm conditions across NSW can wreak havoc on construction sites and can raise concerns from owners in recently completed homes.
“The outlook for home building in South Australia has taken a marked step up in recent years, as economic and policy dynamics increasingly shift in the state’s favour,” stated HIA Senior Economist Tom Devitt.