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$vuetify.icons.faPhone1300 650 620

NSW builders remain resilient despite the challenges

Media release

NSW builders remain resilient despite the challenges

Media release
“New housing starts from the largest 20 builders in New South Wales remained relatively unchanged in 2025/26, at 12,555,” stated HIA Executive Director NSW, Brad Armitage.

The HIA Housing 100, sponsored by COLORBOND® steel, ranks Australia’s largest 100 residential builders based on the number of homes commenced each year.

“The market share of the largest 20 builders in New South Wales decreased from 27 per cent in 2024/25 to 23 per cent in 2025/26,” added Mr Armitage.

“Market conditions remain challenging, given three hikes to interest rates, weaker consumer confidence and tax changes introduced in the Federal Budget 2026/27.

“The home building market in Sydney has remained constrained, given the high cost of delivering new homes and shovel-ready land in this city.

“Housing demand remains elevated across New South Wales, and capacity constraints particularly the high cost of land in Sydney have put a handbrake to growth in recent years.

“Total industry starts in 2025/26 was estimated to have increased by 14 per cent to 53,753, an outcome that has long been awaited.

“Despite the odds, the state’s largest builders have remained resilient, with output remaining unchanged from that of the previous year.

“Parkview Constructions was Australia’s largest multi-unit builder in 2025/26 and is the number one builder in New South Wales.

“Parkview Constructions maintained its position as the number one builder from last year in New South Wales, with 2,375 new dwelling starts, all multi-units, in 2025/26.

“They were followed by NEX Building Group, with 1,742 new dwelling starts in 2025/26, of which 1,726 were detached homes and 16 were semi-detached.

“Campbell Property Group came in third in New South Wales, with 1,211 new dwelling starts, all of which were detached homes.

“What this year’s result for New South Wales indicates is that there is a need for more housing in the state across different dwelling types.

“Apartment construction overall has fallen since the mid-2010s while the cost of greenfield land remains prohibitively high.

“The industry is more than capable of scaling up and meeting the demand challenge, but the onus is on governments to remove the barriers to increasing housing supply across New South Wales,” concluded Mr Armitage.

Purchase full report

For more information please contact:

Brad Armitage

Executive Director – NSW
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