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David Simpson says it’s been a tough few years and Summit has responded with a focus on becoming more competitive. Photo: Attila Csaszar

Home builders ready for recovery

Builder David Simpson is increasingly confident Western Australia has hit the bottom of its housing slowdown and forecasts better times ahead.

The Summit Homes Group managing director expects the next 12 months to bring a gradual rise in building activity across the board.

Following a drop in residential construction from record highs of more than 30,000 home starts in 2014-15, dwelling starts fell by a further 23 per cent in 2016-17 to 19,698, according to figures released by the Housing Industry Association

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WA revenue

23rd-Kerman Contracting$155.0m
24th-International Livestock Export$266.8m
25th↑Summit Homes GroupNFP
26th↑Galati Group$246.6m
27th↑Bhagwan Marine$145.0m
104 private companies - large ranked by revenue most recent financial year

Housing starts

3rd-Ventura Home Group1,197
4th↓JWH Group1,012
5th-Summit Homes Group746
6th↑Content Living739
7th↓Redink Homes696
47 residential builders ranked by no. of starts (2016/2017)

Number of Employees

Private Companies - Large

BNiQ Disclaimer

Special Report

Residential builders 2017

Residential builders 2017

02 October 2017

Affordability still a key factor

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