THREE leading builders based in the Hunter region have been ranked among the largest residential builders in the nation, according to the HIA-COLORBOND® steel Housing 100 Report for 2024/25.
The annual report ranks Australia’s top 100 builders by the number of homes commenced.
Leading the way with a total of 2,898 starts in 2024/25, NEX Building Group moved up a spot to be the “fourth largest builder in Australia”.
This included building 2,596 detached houses, making them the third largest builder for this type of home, and ninth on the list of the largest semi-detached dwelling builders nationally, with 302 starts.
NEX Building Group, trading predominantly in NSW as McDonald Jones Homes and Mojo Homes, retained its mantle as the number one detached home builder in NSW (1505 starts) and the fourth largest overall.
Two other local firms also demonstrated their significant scale.
With 165 starts, Belmont based Montgomery Homes was ranked the 74th largest home builder nationally and 18th largest in NSW.
Heatherbrae based Hunter Homes placed 83rd nationally with 138 starts, an increase of 25 percent over the previous financial year.
“It is a fantastic achievement that three Hunter-based builders continue to be recognised on the national stage, it provides optimism that the sector is ready to respond to the needs of families locally,” concluded Craig Jennion, HIA Hunter Executive Director.
The key highlights from this year’s HIA-COLORBOND® steel Housing 100 Report 2024/25 shows that:
● Detached homes rose by 4.5 percent to 46,944 starts.
● Semi-detached homes increased by 24 percent to 6,443 starts.
● Multi-units surged by nearly 40 percent to 11,020 starts.
● The Housing 100 accounted for 36 percent of the new home market, slightly down from 38 percent in 2023/24.
Nationally, the Housing 100 builders delivered 64,407 homes in 2024/25, up 11 percent from last year’s 58,011.
Nearly two-thirds of businesses on the list increased their activity, and 14 new entrants joined the rankings.