	{"id":147284,"date":"2024-10-04T04:00:00","date_gmt":"2024-10-03T18:00:00","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=147284"},"modified":"2024-10-04T10:05:46","modified_gmt":"2024-10-04T00:05:46","slug":"metricon-remains-australias-number-one-home-builder","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/metricon-remains-australias-number-one-home-builder\/","title":{"rendered":"Metricon remains Australia&#8217;s number one home builder"},"content":{"rendered":"<p>Metricon has been named Australia&#8217;s number one home builder for the ninth consecutive year in the latest HIA Colorbond Steel Housing Top 100 Report.This has also consolidated the company&#8217;s total number of builds over the last nine years to close to 44,000 homes.HIA chief economist Tim Reardon said it had been a decade of dominance for Metricon Homes as they are, for the ninth consecutive year, the nation&#8217;s largest residential builder.<\/p>\n<p>&#8220;Metricon Homes reported a total of 3,894 new home sales across four states during the 2023-24 despite a market slowdown in demand due to the rise in interest rates.<\/p>\n<p>&#8220;Market confidence is returning to the new home market as interest rates remained on hold for the tenth consecutive month.<\/p>\n<p>&#8220;Low levels of unemployment and strong population growth have driven ongoing demand for new homes, despite the increase in the cost of borrowing and a decline in household consumption.&#8221;<\/p>\n<p>The HIA cautions the outlook for home building is increasingly dominated by local factors such as the price of land and state government taxes.<\/p>\n<figure id=\"attachment_30038\" aria-describedby=\"caption-attachment-30038\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-30038\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2024\/10\/MetriconCEOBradDugga_08115.jpg\" alt=\"\" width=\"600\" height=\"400\" \/><figcaption id=\"caption-attachment-30038\" class=\"wp-caption-text\">Metricon CEO Brad Duggan said that over the past nine years, tens of thousands of Australians have trusted Metricon to bring their dream homes to life.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Mr Reardon said population growth through the pandemic and then a return of overseas migration has seen a stabilisation of building levels in 2023-24 similar to that seen immediately prior to the pandemic.<\/p>\n<p>&#8220;This bodes well for a more stable return to building activity in future years.&#8221;<\/p>\n<p>The 2023-24 Report ranks Australia&#8217;s top 100 residential builders based on the number of home builds commenced<\/p>\n<p>each year.<\/p>\n<p>Metricon&#8217;s total of 3,894 starts was across Victoria, Queensland, New South Wales, and South Australia.<\/p>\n<p>However, this milestone comes with a stark warning from Metricon chief executive officer Brad Duggan about the state of Australia&#8217;s construction industry.<\/p>\n<p>&#8220;While we are proud of Metricon&#8217;s achievements last year, we note that to be the largest builder in Australia with under 4,000 site starts, it&#8217;s clear that the country is falling behind on delivering the homes that have been identified as essential,&#8221;<\/p>\n<p>Mr Duggan said.<\/p>\n<p>&#8220;We need to accelerate momentum in the industry, it&#8217;s time to move beyond the sole focus on social housing and tackle the bigger picture: cutting planning red tape, increasing access to land, growing the country&#8217;s trade base, scrapping discussions on tax changes impacting investors and superannuation funds, and crucially, addressing the cost-of-living crisis.<\/p>\n<p>&#8220;These are the real levers to restore customer confidence and get people building again.&#8221;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30038\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2024\/10\/MetriconLumire-70-Fa_19970.jpg\" alt=\"\" width=\"600\" height=\"400\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Mr Duggan said the company&#8217;s continued leadership reflected a deep-rooted commitment to quality and affordability, which remains a key driver for Australians choosing Metricon.<\/p>\n<p>&#8220;Over the past nine years, tens of thousands of Australians have trusted Metricon to bring their dream homes to life.<\/p>\n<p>&#8220;This responsibility drives us every day, we&#8217;ve built a reputation for delivering on our promise of high-quality homes without compromising affordability, thanks to our strong network of suppliers and trades,&#8221; Mr<\/p>\n<p>Duggan said.<\/p>\n<p>Despite challenging market conditions, Metricon has shown remarkable consistency over the years, and Mr Duggan is confident the company is well-positioned for the future.<\/p>\n<p>&nbsp;<\/p>\n<p>One of many Metricon designs proving popular with home buyers across Australia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metricon has been named Australia&#8217;s number one home builder for the ninth consecutive year in the latest HIA Colorbond Steel Housing Top 100 Report.This has also consolidated the company&#8217;s total number of builds over the last nine years to close to 44,000 homes.HIA chief economist Tim Reardon said it had been a decade of dominance [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/metricon-remains-australias-number-one-home-builder\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":29,"featured_media":147290,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[],"post_folder":[],"class_list":["post-147284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Metricon remains Australia&#039;s number one home builder - Surf Coast Times<\/title>\n<meta name=\"description\" content=\"Metricon has been named Australia&#039;s number one home builder for the ninth consecutive year. 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