Mirvac's nine new projects have Sydney emphasis

Mirvac's nine new projects have Sydney emphasis
Jonathan ChancellorDecember 7, 2020

Property group Mirvac's first-half operating profit rose by 15.5% to $230 million.

Its residential division holds $1.3 billion of exchanged pre-sales contracts with some 2,200 lots to be delivered in the full 2015 year.

The report noted adding dwelling activity and housing finance was up in all four major states and "monetary policy continues to be effective".

"Above historical average population growth in NSW and broad-based economic strength supports long pipeline of required dwellings in Sydney," chief executive Susan Lloyd-Hurwitz reported.

Around 73% of its nine new projects totalling 3,350 lots have been across Sydney.

It's residential projects scheduled until 2019 include::

NSW

VIC

  • Cheltenham
  • Dallas Brook
  • Donnybook
  • Eastern Golf Club
  • Harcrest
  • Rockbank
  • Smith’s Lane
  • Yarra’s Edge

QLD

  • Art House
  • Darien Street
  • Gainsborough Greens
  • Waterfront 

WA

  • Baldivis
  • Claremont
  • Meadow Springs
  • Osprey Waters
  • West Swan 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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