Here are the top five single-family housing construction projects that commenced in Australia in Q1 2022, according to GlobalData’s construction projects database.
1. Pimpama Retirement Village – $144m
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The project involves the construction of 365 homes on 46ha of land in Gold Coast, Queensland.
Construction work started in Q1 2022 and is expected to be completed in Q4 2025.
The project aims to provide better retirement living facilities to the people in the region.
2. Campbell The Foothills Residence – $120m
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By GlobalDataThe project involves the construction of a residential community on 4ha of land in Canberra, Australian Capital Territory.
Construction work commenced in Q1 2022 and is expected to finish in Q1 2024.
The project aims to provide better residential facilities in the region.
3. Willow Springs Residential Community – $100m
The project involves the construction of a residential community comprising 400 units on 21ha of land in Melbourne, Victoria.
Construction work started in Q1 2022 and is forecast to complete in Q4 2023.
The project aims to provide better residential facilities in the region.
4. The Peninsula Hope Island Community – $50m
The project involves the construction of a residential community in Gold Coast, Queensland. Australia.
Construction work commenced in Q1 2022 and is expected to be completed in Q4 2023.
The project aims to provide better residential facilities in the region.
5. Otto Townhomes Development – $43m
The project involves the construction of an 8,300m2 building comprising 62 townhouses in Stepney, South Australia.
Construction work started in Q1 2022 and is expected to be completed in Q2 2023.
The aim of the project is to provide better residential facilities in the region.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
