Latest Residential Property Development News

Tian An Australia Limited reported a remarkable turnaround in FY2025, posting a statutory profit of $23.4 million on $84 million revenue, driven by the completion of The Henley, Enfield project and a significant gain from debt restructuring.

Peet Limited has reported a robust half-year performance with statutory profit doubling and a significant dividend increase, underpinned by strong sales and settlements across key Australian markets.

Zimi Limited has landed a significant contract with Homecorp to supply smart home devices for nearly 300 apartments in a major Gold Coast development, marking a milestone in smart technology adoption in residential construction.

Finbar Group has achieved over 70% presales for its Palmyra West Apartments project, signalling strong market demand ahead of construction starting in March 2026.

Finbar Group has conditionally acquired a prime South Perth site for $16.5 million, aiming to launch a $350 million apartment development by 2028 and boosting its pipeline to over $1.6 billion.

Finbar Group has completed settlement on a prime South Perth development site valued at approximately $187 million, advancing its substantial $1.2 billion project pipeline with a market launch planned for 2026.

Peet Limited forecasts a robust FY26 with net profit after tax expected between $74 million and $78 million, signaling a 26% to 34% increase over the previous year amid strong market demand and operational momentum.

Finbar Group Limited highlights strong sales momentum in 2025, underpinned by a $1.2 billion development pipeline and a buoyant Western Australian apartment market driven by migration and undersupply.

Finbar Group Limited reports a surge in 2025 sales and unveils a robust $1.2 billion development pipeline, capitalizing on Western Australia's booming apartment market driven by strong migration and investor demand.

Cedar Woods Properties has raised its FY26 net profit guidance to 15% growth, driven by a surge in presales hitting a record $763 million. The company’s strong pipeline and strategic acquisitions position it well amid a tight housing market.

Aspen Group has upgraded its FY26 pre-tax earnings guidance by 6%, driven by strong rental income growth and development profits amid Australia's acute housing shortage. The company also announces a strategic acquisition of a new Sydney headquarters.

Finbar Group Limited’s 2025 AGM confirmed strong shareholder support for key resolutions as the company reported record sales and unveiled a robust $1.2 billion development pipeline focused on mid-market apartments in Perth.