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Recent Boost In New Home Sales Bodes Well For Residential Construction
Recent Boost In New Home Sales Bodes Well For Residential Construction
4 months ago By Emily Harris
Results from the latest Housing Industry Association (HIA) report has confirmed that the HomeBuilder grant will support building activity and protect jobs for the 2020 December quarter. The monthly report based on HIA survey data, indicates that the increase in new home sales over the last three months will see a boost in the number of homes under construction across Australia in the December quarter- music to the ears of many within residential construction.
The HomeBuilder grant was first announced by the Australian government in June this year in an effort to help the residential market bounce back from the Coronavirus crisis. The grant of $25,000 provides eligible owner-occupiers (including first home buyers) with the funds to build a new home or substantially renovate an existing home. To motivate potential homeowners, the government specified that the grant will only be eligible if the contract for a new home or renovations is signed between June 4 and December 31 2020, which explains the sudden jump in residential sales across Australia.
Queensland (particularly Far North Queensland) has seen exceptional growth in new home sales over the last few months, with Cairns experiencing a remarkable 75% increase in single dwelling approvals since the HomeBuilder’s launch. While Queensland has experienced a 4.2% increase in sales during the last 6 months, compared to sales during the same time last year.
NSW has also experienced a sudden influx in sales, with HIA recording an increase of 11.7% in sales from July to August this year- indicating a direct correlation to the HomeBuilder grant.
While the Victorian construction industry has arguably faced the biggest challenges over recent months due to lockdown restrictions, there is light at the end of the tunnel. The Urban Developer reported this week that new dwelling approvals had increased over the last month by 1.8% with apartment approvals also lifting by 1.8%. Experts predict more increases as the state gradually starts to ease restrictions over the next three months.
Even Design & Build’s own clients within the Victorian residential construction space have reported sales figures beyond their initial targets, while some have been forced to put caps on sales numbers to ensure they can deliver on the demand through operations and construction. This bodes well for Victorian sales numbers going into 2021 and as HIA Chief Economist Tim Reardon stated in a recent press release “creates significant employment opportunities across the economy” .
Victorian Residential Construction Opportunities
Sales Estimator
Location: Melbourne CBD
Contract Type: Permanent
Salary package: $70,000 - $80,000 + Super
Job Description: A leading volume builder are seeking an experienced Sales Estimator to work on their custom product range. Work as part of a large supportive team in a company that prides itself on an its culture and development opportunities. Great job security with plenty of work in the pipes and flexible work arrangements moving forward with WFH here to stay.
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Masters Draftsperson
Location: North Western Suburbs (Melbourne)
Contract Type: Permanent
Salary package: $80,000 - $85,000 + Super
Job Description: A successful residential builder established for over 30 years with a reputation for building quality custom homes, as well as medium density developments. Currently building around 1000 homes per year, they have plenty of work in the pipeline for years to come. They are seeking an experienced Masters Draftsperson to take ownership of their Product Development space using ArchiCAD software.
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New Home Sales Consultant
Location: Northern Suburbs (Melbourne)
Contract Type: Permanent/ Contractor
Salary package: Base Salary + Comms or Contractor arrangement
Job Description: A national builder with a reputation for building quality homes including H&L packages and custom designed builds. With big growth plans in VIC and the opening of a new Display Home, they are looking for an experienced and passionate Sales Consultant. This builder offers great flexibility for clients with their custom build capability and has won numerous awards over the years. You will be rewarded with a generous commission structure, with 100% of commissions being paid on building contract signing.
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NSW Residential Construction Opportunities
Archicad Draftsman
Location: Northwest Sydney
Contract Type: Permanent
Salary package: $85k + super
Job Description: A Residential builder/developer is looking to recruit an experienced ArchiCAD Drafter for a role in their NW Sydney office. This company develops and builds well known projects and has a respectful and stable internal culture and team. After a recent surge in work in NSW they now have a vacancy for a Drafter to lead their team of 8 drafties.
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Frame and Truss Detailer
Location: Southwest Sydney
Contract Type: Permanent
Salary package: $85k + super
Job Description: Mitek Detailer required for a leading residential builder working Southwest of Sydney. Great company culture, good location and long-term work. The company specializes in building new homes.
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Carpenter
Location: Northern Beaches Sydney
Contract Type: Permanent
Salary: $80k + Super
Job Description: One of Sydney's premium high-end home builders is looking for a qualified Carpenter. To succeed in this role you will need to be a qualified Carpenter with 2 + years’ experience out of your apprenticeship.
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Site Manager – Architecturally designed homes
Location: Northern Beaches Sydney
Contract Type: Permanent
Salary: $110k - $140K + Super
Job Description: One of Sydney's premium high-end home builders is looking for a Site Manager that has 5 + years’ experience working on architecturally designed homes above $2M. To succeed in this role, you will need to be a qualified Carpenter, have experience running multiple trades and a keen eye for detail.
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Contact Us
To find out more about any of the roles listed above, or to reach out to our team of consultants for a confidential chat about the job market and upcoming opportunities within the industry, you can contact us here: info@designandbuild.com.au
For more information on the HomeBuilder grant and whether you’re eligible, you can check the HomeBuilder fact sheet
To see the full results from the HIA New Home Sales report click here