FilingReader Intelligence

Finbar marks 30 years with record market share, strong sales growth

November 19, 2025 at 10:11 AM UTCBy FilingReader AI

Finbar Group Limited, celebrating its 30th anniversary, has achieved its highest market share ever, with Finbar sales representing 60% of total sales, according to Urbis Apartment Essentials Q3 2025. The company reported 469 sales in Calendar Year 2025 (CY2025) up to November 18, averaging 1.46 sales per day, an 87% increase over the previous year. This performance is supported by strong market conditions, including continued migration, record high dwelling values, and a growing affordability gap between houses and units, driving apartment demand.

In CY2025, Finbar sold $158 million in completed stock from Civic Heart, Aurora, and The Point, averaging $15.2 million per month. Total current pre-sales value for FY226 reached $514 million, with $455 million in off-the-plan sales. The company's development pipeline includes approximately 1,500 apartments with an estimated end value exceeding $1.2 billion. Projects under construction include Garden Towers (80% sold), Bel-Air (100% sold), and Riverbank Residences (97% sold).

Investor demand has surged, with investors accounting for 53% of buyers in Q3 2025, a 65% increase from the average investor sales over the previous three quarters. Finbar also reported an 18% repeat buyer sales rate in CY2025, a 56% increase from last year, driven by its Finbay Loyalty Club membership. The company maintains a strong cash position of $59 million as of November 18, 2025, providing financial capacity for future development opportunities.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:FRIAustralian Securities Exchange

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