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Mirvac Group released its full-year financial results for the year ended 30 June 2026. The announcement provides an updated view of the developer's earnings, development pipeline and operating performance, though the available summary does not include the key figures.
9:48 PMPropertymarkets News
Shares in two of Australia's largest property developers recorded their strongest gains in about six years after tax changes increased the relative appeal of newly built homes.
8:51 PMBloomberg Markets
A buyer agreed to pay $11 million for an off-the-plan apartment at The Riversdale, a Mosaic Property Group project on Montague Road in South Brisbane. The transaction sets a new apartment price record for the suburb.
8:31 PMPropertymarkets NewsSummary
Mirvac Group released its full-year financial results for the year ended 30 June 2026. The announcement provides an updated view of the developer's earnings, development pipeline and operating performance, though the available summary does not include the key figures.
The result gives investors a fresh benchmark for Mirvac's performance across development, residential sales and
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Mirvac's results will help clarify whether Australia's major developers are converting market demand into profitable completions.
Summary
Shares in two of Australia's largest property developers recorded their strongest gains in about six years after tax changes increased the relative appeal of newly built homes.
The policy shift improves the economics of new development by directing investor demand toward construction
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The changes could redirect capital into new housing supply while repricing listed developers.
Summary
A buyer agreed to pay $11 million for an off-the-plan apartment at The Riversdale, a Mosaic Property Group project on Montague Road in South Brisbane. The transaction sets a new apartment price record for the suburb.
The sale shows that premium demand remains strong in Brisbane's top-end apartment market even before
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The record price supports confidence in Brisbane's luxury pipeline while leaving the mainstream apartment market largely untested.
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