Cavanstone at Eastwood, NSW Integrated Housing
Artist’s Impression, Arena at Officer, VIC Land and Integrated Housing
The Company has three general product categories within its Developments Business segment, being:
Land and Integrated Housing activities are conducted in each of the States in which the Company operates. Integrated Housing involves the construction and sale of completed homes or townhouses within a neighbourhood master-planned by the Company. Additionally, the Company has one land project in New Zealand. Apartments activities are currently only undertaken in New South Wales.
The Company has traditionally focussed on developing land estates. In recent years, in response to more complex planning policies by government and to provide more affordable housing by maximising land yield, the Company has increased its activities in terms of building Integrated Housing within these land estates. This augments the more traditional Integrated Housing project type, which involves regeneration of infill sites.
This flexibility in delivery methods is a critical competitive advantage for the Company. It provides greater options to adjust to changing market conditions as well as providing better project returns through increased sales rates and greater yield.
Further details on the Company’s Developments Operations can be found on its website at www.avjennings.com.au.