Peet staff and communities to walk in solidarity for mental health
POSTED ON 18 Sep 2024
This October, Peet staff and communities will come together to participate in One Foot Forward, a free virtual walking event organised by Black Dog Institute.
Empowering communities through Peet's National Community Grants Program
POSTED ON 5 Sep 2024
Since 2020, Peet’s National Community Grants program has provided more than $380,000 in support to build capacity within its communities and the regions where Peet residents and their families are involved.
Brabham Estate, an award-winning community developed by leading Australian property developer Peet in collaboration with DevelopmentWA, held its annual NAIDOC Week celebration over the weekend.
Peet unveils exclusive townhouses in coveted Rochedale precinct
POSTED ON 3 May 2024
Peet is pleased to announce the recent release of 36 new townhouses in South-East Queensland’s booming housing market, available now at the Lily Rochedale community.
Leading Australian property developer Peet has announced the release of a four-storey apartment building on Woodville Rd, located between the heart of Adelaide and the coast.
Today Peet announced its results for the half-year ended 31 December 2023, achieving and operating profit and statutory profit after tax of $15.5 million.
From all of us at Peet, wishing you a Merry Christmas!
Please note, Peet offices will be closed from Friday 22nd December 2023, re-opening Tuesday 2nd January 2024. For Sales and Information Centre opening hours, please check the estate website for details.
Raising Awareness Across Our Communities During Mental Health Month
POSTED ON 20 Nov 2023
As Peet continues to prioritise mental health awareness and education as part of our commitment to creating a positive social impact, a number of activities were rolled out across our communities and workplace throughout Mental Health Month in October.
Peet supports the WBBL Aboriginal Match with the Perth Scorchers
POSTED ON 10 Nov 2023
The Women’s Big Bash season is in full swing, with the WACA Ground hosting the highest attended match of the WBBL season on Sunday between the Perth Scorchers and Adelaide Strikers.
Our MD and CEO Brendan Gore recently sat down with Hamish Hastie from WA Today to talk about how Peet, our history and how we’ve helped shape the metropolitan area. Brendan also shares his view on the future of urban planning for Perth.
Peet aims to foster inclusion, embrace cultural diversity, and promote health and wellbeing across our communities and through our partnerships.
In support of this, we are proud to extend our partnership with WA Cricket as the Principal Partner of the Perth Scorchers, by becoming a Community Supporter of the WA Cricket Foundation. This partnership will provide support to the Aboriginal Cricket and Young Women in Cricket pillars, specifically the Social Leaders and Aboriginal Leadership programs.
Peet finalises the acquisition of strategic landholding from University of Canberra
POSTED ON 11 Oct 2023
Peet Limited (ASX:PPC) announces that the acquisition of approximately 15 hectares of land from the University of Canberra (“UC”) in Belconnen, ACT for circa $66 million (excluding GST) (“Property”) is now unconditional, following the satisfaction of the condition precedent requiring the issue and transfer approval of a Crown Lease.
We are proud to have Perth Scorchers players Jason Behrendorff and Piepa Cleary as our ambassadors to help raise awareness and destigmatise conversations about mental health.
Peet appoint Jason Behrendorff and Piepa Cleary as Mental Health Ambassadors
POSTED ON 14 Sep 2023
Peet continues to prioritise mental health awareness and education as part of the company’s commitment to creating a positive social impact in our communities and the workplace and recognising the role community connection and support play in an individual’s mental health and wellbeing.
Today, Peet released its FY23 results, achieving a record operating profit and statutory profit after tax of $70.1 million, representing a 34% increase from the previous year.
Peet communities celebrate National Tree Planting Day across the country
POSTED ON 9 Aug 2023
With our commitment to drive sustainable outcomes in our communities, this year Peet implemented a national initiative to recognise National Tree Planting Day in schools across the country.
As we recognise National Reconciliation Week 2023, Peet is pleased to unveil the artwork that will support our Reflect Reconciliation Action Plan (RAP).
Peet announced Best Sustainable Community Developer
POSTED ON 18 May 2023
We are pleased to share that Peet has been announced as the Best Sustainable Community Developer (Australia) 2023 by Capital Finance International (CFI).
Last week, Brabham Estate was awarded the Platinum Waterwise Development of the Year at the 2023 Waterwise Recognition Event, celebrating Western Australia’s most water efficient new urban areas.
At Peet, our brand promise is "Where you belong", making Harmony Week and Neighbour Day the perfect opportunity to recognise the rich and diverse cultures we have in our communities across the country.
Fresh Produce Market and Café coming to Fort Largs
POSTED ON 10 Mar 2023
The historic fort at Peet’s coastal community at Fort Largs will soon be transformed with the commencement of exciting new mixed-use amenity for the community to enjoy.
Today, Peet released its 1H23 results, achieving $35.1 million operating profit and statutory profit after tax, representing an increase of 70% on corresponding period.
Brabham's Green Home Display wins Global Innovation Award
POSTED ON 8 Feb 2023
We are proud to share that our builder partner, Green Homes Australia, won the Global Home of the Year award in Las Vegas recently at the National Association Home Builder’s (NAHB) Global Innovation Awards.
Leading residential developer Peet is pleased to announce it has extended its partnership with the Perth Scorchers as the Principal Partner into season 2023-24.
Celebrating Aboriginal culture at Yanchep Golf Estate
POSTED ON 18 Jan 2023
Peet’s latest park at Yanchep Golf Estate, which opened prior to Christmas, has been designed to recognise and celebrate the local First Nations culture.
Peet, the Principal Partner of the Perth Scorchers, will bring fans closer to the players and on-field action than ever before through the launch of the #BelongwithPeet campaign this weekend.
We are thrilled to have won two awards for Golden Bay at the Urban Development Institute of Australia (WA) 2022 Awards for Excellence, taking home the Excellence in Social and Community Infrastructure Award and the highly coveted Russel Perry Award for Urban Development Excellence.
Australia's most sustainable two storey home* launches in Brabham
POSTED ON 19 Aug 2022
Peet’s Brabham Estate is setting a new standard for innovative and eco-friendly housing, with the launch of Australia’s most sustainable accredited two-storey display home*.
Peet today announces that it expects its operating profit after tax for the year ended 30 June 2022 to be $52.3 million, subject to the completion of the FY22 audit.
Peet prioritises mental health through new Black Dog partnership
POSTED ON 30 Jun 2022
Leading Australian property developer Peet has announced a three-year partnership with independent not-for-profit medical research institute, Black Dog Institute, which delivers research to help treat, manage, and prevent common mental health conditions and suicide.
Peet’s Lakelands Estate is set to become a breeding ground for the next generation of AFL all-stars, with the Lakelands Park Sporting Complex taking home the prestigious award for National Project of the Year.
This National Reconciliation Week 2022, Peet would like to acknowledge and show respect to Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of this land.
Peet Limited announced today that it expects its operating profit after tax for the year ending 30 June 2022 to be in the range of $48 million to $52 million.
Tonsley Village wins REA SA Land Campaign of the Year
POSTED ON 31 Mar 2022
We were thrilled to have won the REA SA Land Campaign of the Year award for our Tonsley Village project, announced at last week's 2021 Annual REA Excellence Awards.
For developers, the past two years have been critical when it comes to forward thinking, utilising industry experience and longstanding relationships in order to mitigate the wave of challenges arising across the property market.
After an overwhelming response to our VIP database release, Peet will launch its first public release this weekend at Fort Largs, our newest master-planned community in Adelaide.
Today, Peet was pleased to announce its results for the half-year ended 31 December 2021, achieving an operating profit and statutory profit after tax of $20.6 million, an increase of 103% on the previous year.
Peet moves to 100 percent ownership of Flagstone City project
POSTED ON 31 Dec 2021
Peet Limited today announces that it has acquired Spirit Super’s (formerly MTAA Super’s) 50% shareholding in the Flagstone City project in Queensland.
Peet has agreed to acquire the 50% share in the project for $46.15 million, with settlement to occur in January 2022.
Developer approval received for Glyde Street Apartments, Mosman Park
POSTED ON 17 Dec 2021
Peet is pleased to announce that today development approval was received for Glyde Street Apartments, Mosman Park, Peet’s latest apartment development located in Perth’s premium western suburbs.
Today, Peet announced its results for the financial year ended 30 June 2021, achieving an operating profit and statutory profit after tax of $28.5 million, an increase of 89% and 195%, respectively on the previous year.
Federal HomeBuilder Extension
POSTED ON 23 Apr 2021
On 17 April 2021, the Federal Government announced that the construction commencement requirement for its Homebuilder program is being extended from six months to 18 months for all existing applicants.
Today, Peet announced its results for the half year ended 31 December 2020, achieving an operating profit and statutory profit after tax of $10.1 million, up 101% compared to the previous corresponding period.
On 29 November, the Federal Government announced an extension to its popular HomeBuilder program. The incentive is designed to stimulate the residential construction industry by encouraging the commencement of new builds and renovations.
Government extends the First Home Loan Deposit Scheme
POSTED ON 13 Oct 2020
The Australian Government has announced the Federal Home Loan Deposit Scheme has been extended to an additional 10,000 places until 30 June 2021.
The move will provide eligible first home buyers with the continued support they need to secure a home loan and enter the property market.
Australian property developer Peet has welcomed today’s announcement of the Federal Government’s new HomeBuilder scheme.
The HomeBuilder grant will give Australian home buyers access to a $25,000 grant to go towards the cost of building a new home up to the value of $750,000, or to assist with renovations of between $150,000 and $750,000.*
Peet guiding first time buyers on the property journey
POSTED ON 29 May 2020
Recently Peet Managing Director and CEO Brendan Gore spoke with Dan Wilkie from Australian Property Investor Magazine about the challenges first home buyers face when starting their property journey, and how Peet’s new five-step First Home Buyer Toolkit can help them through the process.
At Peet, we hold the safety and well-being of our communities, visitors, suppliers and staff in the highest regard.
Following advice from the Chief Medical Officer to national, state and territory leaders around COVID-19 (Coronavirus), we regret to inform you that Peet has postponed or cancelled events at its estates around Australia.
Peet’s Flagstone community in Jimboomba Queensland has celebrated the opening of a McDonald’s restaurant, bringing with it an exciting boost for the community and local economy.
The first sod has been turned at Brabham, WA’s newest master-planned community. Department of Communities appointed Peet and Perron Group as its Development Manager, with Peet as the Project Manager.
Peet renews a strong partnership for a scorching summer of cricket
POSTED ON 9 Sep 2019
Peet is proud to be the Perth Scorchers’ Major Partner of the Men’s team and Official Partner of the Women’s team, for the next two Big Bash League seasons!
Peet well positioned for residential market recovery
POSTED ON 29 Aug 2019
Today the Peet Group announced its FY19 results, achieving an operating profit and statutory profit after tax of $47.5 million for the year ended 30 June 2019.
Construction has started on a 4,455 sqm site that will include a 498sqm signature McDonald’s restaurant, due to open in December 2019 at our Flagstone community in Jimboomba, QLD.
Our Googong development, one of the biggest new towns in Australia, received top honours in the 2019 UDIA NSW awards on Friday night winning both the Excellence in Masterplanned Communities and Excellence in NSW Regional Development categories.
The Prime Minister’s visit included a press conference about the Government’s $525million commitment to vocational education and training (VET). The funding will deliver 80,000 new apprenticeships over five years — including bricklayers, carpenters and plumbers — as well as financial incentives for employers and trainees.
Peet has been featured in the National Australia Bank’s Big Ideas campaign – with Managing Director and CEO Brendan Gore sharing our big idea of making the dream of home ownership a reality for a million Australians, and how NAB is helping achieve that goal.
Today Peet announced an operating profit and statutory profit after tax of $23.1 million for the half-year ended 31 December 2018, which represents an increase of 5.6% compared with the previous corresponding period. Managing Director and CEO, Brendan Gore, said the solid result was underpinned by an increase in settlements across the Group’s national portfolio. The Group’s performance during the half year resulted in earnings per share of 4.74 cents, representing an increase of 6% compared with 1H18.
Peet named preferred proponent to develop Tonsley Retail precinct
POSTED ON 21 Feb 2019
Peet is pleased to have been selected as the preferred proponent* to develop the Tonsley Retail precinct. Plans are now underway for the development of a vibrant new shopping, hospitality and commercial precinct at Tonsley Village.
The Lightsview Cycling Team has beaten the Australian Cycling Team in the elite men’s category to secure the series win in the 2018 Cycling South Australia Super Series. In addition to the team success, Justin Gassner took out the Series Leader competition.
Invita up for national housing affordability award
POSTED ON 13 Dec 2018
Peet’s Invita Apartments (Stage 3A) south of Perth has been named as a finalist in the Best Affordable Housing Development category of the Property Council of Australia / Rider Levett Bucknall Innovation & Excellence Awards.
Peet will be taking cricket to the community this summer through an exciting partnership with the Perth Scorchers, having signed on as their Community Partner for the upcoming 2018-19 season.
Peet’s Lakelands Estate has added to its continued success, being named the best Masterplanned Development in Western Australia at this year’s Urban Development Institute of Australia WA’s gala dinner at Crown Perth on Saturday 15 September.
Today the Peet Group announced an operating profit and statutory profit after tax of $49.1 million for the year ended 30 June 2018, representing an increase of 10% compared with the year ended 30 June 2017. MD and CEO, Brendan Gore, said the results were underpinned by continuing favourable conditions across east coast markets. “The benefits of the Group’s geographically diversified portfolio have underpinned the 2018 performance, with the favourable conditions on the east coast more than offsetting the subdued Perth market,” said Mr Gore.
Healthy Active by Design at The Village at Wellard
POSTED ON 16 Aug 2018
Peet’s award-winning The Village at Wellard community south of Perth has been featured as a case study by the Heart Foundation’s Healthy Active by Design program, shining a spotlight on its many design features which support healthy and active living.
Flagstone’s new adventure zone is quickly taking shape in the future city centre. A million dollar playing field is now open and construction has started on one of the biggest community playgrounds in South East Queensland.
On his visit to Perth last week Prime Minister Malcolm Turnbull stopped by the award-winning Lakelands Estate to make a welcome funding announcement which moves the proposed Lakelands train station another step closer to reality.
The transformation of a former car manufacturing site into the dynamic Tonsley Innovation District has seen the project awarded South Australia’s top property honour at the Property Council of Australia’s Awards for Excellence.
Flagstone, one of Australia’s biggest satellite cities, is fast taking shape in South East Queensland and some of Australia’s biggest retail brands have been quick to move in!
Deciding on which community you want to build your new home in has just been made easier with Peet launching a virtual reality experience that brings Peet communities to life in the hearts and minds of homebuyers – introducing Peet Vision360.
Peet Limited today announced an operating profit and statutory profit after tax of $21.9 million for the half-year ended 31 December 2017, which represents an increase of 11% compared with the previous corresponding period. Peet Managing Director and CEO, Brendan Gore, said the result was underpinned by continuing strong conditions across east coast markets which saw the Group achieve strong growth in operating margins.
We are excited to unveil plans for our biggest expansion at Googong yet – a $143 million town centre that will bring 1800 new dwellings, 4500 residents and hundreds of jobs to the ACT region.
There’s an exciting new precinct at Peet’s Bluestone, Mt Barker community in the Adelaide Hills – Parkindula Village – which is set to become a new focal point and central hub for this vibrant growing community.
Introducing Tonsley Village – Adelaide’s most innovative new address
POSTED ON 16 Jan 2018
You can now be part of Tonsley Village, one of the most exciting and innovative residential developments in South Australia, which was officially launched by the Honourable Kyam Maher MLC, Minister for Manufacturing and Innovation, on Sunday 14 January.
Four prominent landmarks in the new township of Googong have been given Aboriginal names in recognition of the area’s Indigenous heritage which dates back more than 20,000 years.
The Peet Group today announced an operating profit and statutory profit after tax of $44.8 million for the year ended 30 June 2017, which represents an increase of 5% compared with last financial year.
Managing Director and CEO, Brendan Gore, said the results were achieved on the back of continuing strong conditions across the Group’s east coast markets.
“The Group has continued to achieve price growth in these key markets and particularly across the Victoria portfolio. There were also signs of improvement in the Queensland portfolio, with increased levels of enquiry and sales,” said Mr Gore.
Supporting the community is in our DNA. Here are just some of the highlights of the wonderful local groups and organisations we have supported through our Community Partnership Program over the past year.
Lifestyles are evolving and Peet is creating communities that respond to the changing needs of homebuyers at all stages of life. Not surprisingly, more residents are making the most of the shared spaces – parks and open spaces that are designed as a kind of ‘communal backyard’ with places to get active and also relax with parklands, waterways, walking and cycling trails, BBQs, shelters, and play equipment.
We have a big, bold vision for Flagstone in Queensland where 12,000 homes and a complete city centre will be built over the next three decades and were excited to mark a major milestone on the project last week.
Peet preferred proponent for affordable housing project in Brabham
POSTED ON 5 Jul 2017
Peet is pleased to have been selected as the preferred proponent to partner with the WA Housing Authority to deliver the new Brabham project.
With the potential to be home to thousands of residents with more than 3,000 dwellings, schools, neighbourhood shops and recreational areas, Brabham will be a major transit-oriented development linking the Swan Valley with the Perth CBD.
The new Lakelands Shopping Centre opened its doors to hundreds of waiting shoppers on Wednesday 21 June and is now the largest shopping centre between Mandurah and Rockingham south of Perth.
The 20,000sqm centre is anchored by Coles, K-Mart and ALDI and boasts more than 40 specialty stores.
A unique exhibition of artworks from current and former serving defence personnel will be open – with some works available for sale – on the weekend of 25-26 June only at Wilkinson’s Gallery, Claremont Showgrounds.
More than 100 works from participants in the Military Art Program Australia (MAPA), including representatives of Army (including SASR), Navy and Air Force, feature portraits, landscapes, abstracts and military war dogs, wildlife and other military and non-military subjects, a variety of sculptures and other works.
First Home Super Saver Scheme Explained | Peet Limited
POSTED ON 10 May 2017
If you’re looking to take that first step on the homeownership ladder, the Federal Government’s First Home Super Saver Scheme will help you save for a deposit by salary sacrificing into your superannuation account.
Peet’s commitment to innovation has always been a key driver of its success. Today’s affordability pressures; changing demographics and lifestyles; and the need to limit urban sprawl have all contributed to the increased demand for smaller lots and built form options that don’t compromise on space or quality.
Art At Sea Helps WA Forces This Festive Season | Peet Limited
POSTED ON 7 Dec 2016
WA defence personnel are taking up ‘arms’ in the form of pencils and paints to help them cope with being far from family and home during this festive season.
A new initiative is encouraging serving men and women to immerse themselves in drawing and painting while they are away on a tour of duty.
The Art In The Field project provides individual art packs to defence bases, outposts and naval vessels to give military personnel an artistic alternative to the usual off-duty activities such as fitness, sports and games – with a high degree of therapeutic benefit.
Peet To Support Operation Legacy Australia Kokoda Challenge 2017 | Peet Limited
POSTED ON 16 Nov 2016
Major General Stuart Smith AO, DSC, Legacy Australia Ambassador and former Legacy ward, has today launched a joint initiative which will see Australian Defence Force (ADF) Members mentor Legacy youth in a leadership development challenge, to commemorate the 75th anniversary of the Kokoda Campaign.
Alongside Strengthens Support For Frontline Families | Peet Limited
POSTED ON 6 Sep 2016
More than half a million people make up Australia’s frontline, working as Defence or Emergency Services personnel, where exposure to trauma is unavoidable and there is an increased prevalence of mental health problems.
Peet Announces Major New Redevelopment Project In Tonsley SA | Peet Limited
POSTED ON 30 Jun 2016
The Peet Group will partner the South Australian Government in the redevelopment of the residential component of Tonsley – a major new education, industry and residential precinct just 10 kilometres from the Adelaide CBD.
University Of Canberra & Peet Plan $1.7 Billion Project | Peet Limited
POSTED ON 30 Jun 2016
The University and Canberra and Peet have entered a conditional agreement for the proposed development of a new and innovative residential community in the ACT.
Western Australian Minister for Education and Training, the Hon Sue Ellery MLC visited Peet’s Lakelands Estate on Friday 15 February to officially open the new public secondary school, Coastal Lakes College.