Osborne Park-based Alcock/Brown-Neaves – which now also operates in Victoria – built 2736 homes in 2011/12 – up from 2668 last year, thereby maintaining the second place overall that it earned last year.
BGC – headquartered in the Perth CBD and founded by Len Buckeridge – maintained third place nationally by upping its building starts from 2435 in 2010/11 to 2692 in 2011/12.
The Housing Industry Association Housing 100 report released today reveals that, for the second year running, both companies were pipped by Melbourne-based Metricon Homes – which built 2821 homes in 2011/12.
The Myaree-based Summit Homes Group scraped into the nation’s Top 20 – at 20th, with 857 homes.
HIA Executive Director, WA, John Dastlik, said the state’s home building activity in 2011/12 was “abysmal” given WA’s status as the nation’s number one economy.
However, Mr Dastlik said a recovery appeared to be on the horizon.
“WA’s population continues to grow rapidly and the seeds for a new housing recovery have already been sown,” he said.
“The challenge will be to ensure appropriate policy settings so that a sustained recovery to deliver affordable housing to Western Australians can occur.”
WA housing starts plummeted 16 per cent to 17,548 in 2011/12.
The state’s largest 20 builders reported a decline in housing starts to 11,186, down from 12,254 in 2010/11.
However, WA’s most prolific 20 builders increased their market share from 59 per cent in 2010/11 to 64 per cent in 2011/12.
For decades, the WA home building industry has been dominated by the big players far more so than any other building market in the nation.