Hunter Adds Another Builder to Australia's Largest Home Builders List
Three Hunter-based builders have been revealed in the top 100 of Australia's largest residential builders. 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 move up the ladder, Hunter-based MJH Group (NXT Building Group) became the second largest home builder nationally. MJH Group also took second spot on the list of largest detached house builders nationally, and second spot on the list of the largest semi-detached dwelling builders nationally, " said HIA Hunter Executive Director Craig Jennion.
"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. Belmont-based Montgomery Homes moved up the national list 22 spots to be ranked the 66th largest home builder nationally and 19th largest in NSW."
"Placed 70th Nationally, 20th largest in NSW and on the list for the first time, was Heatherbrae- based Hunter Homes. As a result of their inaugural listing Hunter Homes also made the list of the Biggest Movers in 2021/22," said Mr Jennion.
The key highlights from this year's HIA-COLORBOND® steel Housing 100 Report 2021/22 show that the largest 100 residential builders:
Reduced their new home building market share from 44% in 2020/21 to 36% in 2021/22.
Accounted for 77 per cent of the detached homes built in Australia in 2021/22.
Built 15.0 per cent fewer homes, from 88,215 home starts in 2020/21 to 74,973 in 2021/22.
Built 4.0 per cent fewer detached houses compared to the previous year, 21.3 per cent more multi-units.
Despite this fall in the number of homes, earned 8.8 per cent more revenue from home construction, up to $34.7 billion in 2021/22 due to the rise in the cost of construction.
