Looking beyond a record year

With Anthony Boyd and Rod Fehring

  • 01

    We've capitalised

    ... on strong market conditions in recent years to post a record residential result in FY18.

  • 02

    Finance restrictions

    ... for buyers has slowed sales but we’re confident there’ll be no US or Irish style collapse.

  • 03

    We're re-stocking

    ... our pipeline with projects that have transport and retail at their door.

After a record year, Frasers Property Australia is adjusting its housing business, one of the biggest apartment and land development operations in the country, to meet the changing market.

Anthony Boyd, Frasers Property Australia’s Executive General Manager Residential, acknowledges that sales have slowed. He estimates that prices have weakened by around 4-8 per cent in his markets with rivals starting to offer incentives and discounts.

“Finance is the biggest restriction; buyers are saying I love the product but I am nervous about being able to complete the purchase,” Mr Boyd says.

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