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Australian (ASX) Real Estate Development Industry Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies8
  • 7D-2.3%
  • 3M-7.5%
  • 1Y-12.0%
  • YTDn/a

Over the last 7 days, the Real Estate Development industry has dropped 2.3%, driven by GemLife Communities Group declining 4.2%. The industry has fallen 12% in the last year. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

Has the Australian Real Estate Development Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 May 2026AU$3.9bAU$1.7bAU$37.5m9.1x105.1x2.3x
Tue, 07 Apr 2026AU$3.9bAU$1.7bAU$37.5m10.3x104.9x2.3x
Thu, 05 Mar 2026AU$4.5bAU$1.7bAU$37.5m11.7x121x2.7x
Sat, 31 Jan 2026AU$4.5bAU$1.6b-AU$1,336,165.0015.6x-3368.1x2.7x
Mon, 29 Dec 2025AU$4.6bAU$1.6b-AU$1,336,165.0015.8x-3410x2.8x
Wed, 26 Nov 2025AU$4.6bAU$1.6b-AU$1,336,165.0016.2x-3445.9x2.8x
Fri, 24 Oct 2025AU$4.4bAU$1.7b-AU$4,566,740.0015x-967.7x2.7x
Sun, 21 Sep 2025AU$4.2bAU$1.7b-AU$4,266,127.0014.3x-994.5x2.6x
Tue, 19 Aug 2025AU$3.9bAU$1.9bAU$247.8m11.5x15.6x2.1x
Thu, 17 Jul 2025AU$3.7bAU$1.5bAU$175.9m11.3x21.2x2.5x
Sat, 14 Jun 2025AU$2.4bAU$1.4bAU$166.8m16x14.2x1.6x
Mon, 12 May 2025AU$2.5bAU$1.5bAU$175.9m13x14.3x1.7x
Wed, 09 Apr 2025AU$2.2bAU$1.5bAU$175.1m11.1x12.8x1.5x
Fri, 07 Mar 2025AU$2.3bAU$1.5bAU$175.1m11.3x13.1x1.5x
Sun, 02 Feb 2025AU$2.6bAU$1.2bAU$152.4m12x17.1x2.2x
Tue, 31 Dec 2024AU$2.5bAU$1.2bAU$152.4m12x16.2x2.1x
Thu, 28 Nov 2024AU$2.5bAU$1.2bAU$152.4m12.6x16.7x2.1x
Sat, 26 Oct 2024AU$2.4bAU$1.1bAU$144.1m14.4x16.9x2.2x
Mon, 23 Sep 2024AU$2.3bAU$1.1bAU$144.1m12.9x15.7x2x
Wed, 21 Aug 2024AU$2.3bAU$931.3mAU$130.7m16.1x17.4x2.4x
Fri, 19 Jul 2024AU$2.6bAU$931.4mAU$157.1m16x16.7x2.8x
Sun, 16 Jun 2024AU$2.7bAU$931.4mAU$157.1m14.7x17.3x2.9x
Tue, 14 May 2024AU$2.8bAU$931.4mAU$157.1m15.2x17.9x3x
Thu, 11 Apr 2024AU$3.0bAU$931.4mAU$157.1m15.1x19x3.2x
Sat, 09 Mar 2024AU$3.0bAU$931.4mAU$157.1m15.5x19.2x3.2x
Mon, 05 Feb 2024AU$3.1bAU$1.2bAU$199.0m12.4x15.7x2.5x
Wed, 03 Jan 2024AU$3.2bAU$1.2bAU$199.0m13x16.1x2.6x
Fri, 01 Dec 2023AU$3.0bAU$1.2bAU$198.5m12.1x15x2.4x
Sun, 29 Oct 2023AU$2.8bAU$1.2bAU$198.5m11.3x14.2x2.3x
Tue, 26 Sep 2023AU$3.1bAU$1.2bAU$198.5m12.3x15.7x2.5x
Thu, 24 Aug 2023AU$3.1bAU$1.3bAU$199.5m14.6x15.7x2.5x
Sat, 22 Jul 2023AU$3.2bAU$1.4bAU$236.7m12.7x13.3x2.3x
Mon, 19 Jun 2023AU$2.9bAU$1.4bAU$236.7m12.5x12.4x2.2x
Wed, 17 May 2023AU$3.2bAU$1.4bAU$236.7m12.7x13.5x2.3x
Price to Earnings Ratio

13.5x


Total Market Cap: AU$3.2bTotal Earnings: AU$236.7mTotal Revenue: AU$1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Real Estate Development Industry Price to Earnings3Y Average -342.9x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Real Estate Development industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 105x which is higher than its 3-year average PE of -343x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Development industry have declined 46% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Real Estate Development compare with similar industries?

AU Market0.20%
Real Estate-0.84%
Real Estate-1.67%
Real Estate Development-2.27%
Real Estate Services2.91%
Real Estate Operating Companies-0.029%
Diversified Real Estate-4.39%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LIC Lifestyle CommunitiesAU$4.873.6%
+AU$20.6m		-39.0%PS4.3x
CWP Cedar Woods PropertiesAU$7.152.1%
+AU$12.8m		12.8%PE8.4x
TIA Tian An AustraliaAU$0.202.6%
+AU$433.0k		18.2%PE0.7x

Latest News

LIC
AU$4.87
Lifestyle Communities
7D
3.6%
1Y
-39.0%
Narrative Update • May 07

LIC: Higher Discount Rate Will Support Future Upside Potential

Analysts have trimmed their price target for Lifestyle Communities to A$5.70 from A$6.34, citing updated assumptions that include a higher discount rate, different revenue growth and profit margin settings, and a slightly higher future P/E multiple. Valuation Changes Fair value estimate reduced from A$6.34 to A$5.70, reflecting the updated modelling assumptions.
TIA
AU$0.20
Tian An Australia
7D
2.6%
1Y
18.2%
CWP
AU$7.15
Cedar Woods Properties
7D
2.1%
1Y
12.8%
Narrative Update • Apr 24

CWP: Presold Revenue And Growing NPAT Guidance Will Support Future Dividends

Analysts have kept Cedar Woods Properties' fair value estimate steady at A$9.99 per share, with a slightly higher discount rate and marginally adjusted revenue growth, profit margin and future P/E assumptions supporting the unchanged price target. What's in the News Cedar Woods Properties issued new guidance indicating it anticipates 30% to 35% growth in full year NPAT in fiscal year 2026, giving investors a clearer view of its earnings plans (corporate guidance).
GLF
AU$4.54
GemLife Communities Group
7D
-4.2%
1Y
n/a
New Narrative • Apr 23

Long Over 50s Housing Pipeline And Recurring Rents Will Support Future Earnings Narrative

Catalysts About GemLife Communities Group GemLife Communities Group develops, builds, owns and operates land lease communities for over 50s across key Australian lifestyle locations. What are the underlying business or industry changes driving this perspective?
AXI
AU$0.018
Axtec
7D
-18.2%
1Y
-53.8%
PPC
AU$1.65
Peet
7D
-5.5%
1Y
2.8%