Metricon is a home construction company in Australia. The company has been the largest home builder in Australia since 2016.[1][2] Metricon currently runs its operation from its headquarters in Mount Waverley. Metricon also builds in New South Wales, Queensland and South Australia. As at May 2022, it had 2,500 employees.[3]

Metricon
Company typePrivate
IndustryHome construction
Founded1976
FoundersMario Biasin
George Kline
HeadquartersMount Waverley, Melbourne
Area served
Australia
Key people
Peter Langfelder (Chief Executive)
ProductsHouses
Number of employees
2,500 (2022)
Websitewww.metricon.com.au

History

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Metricon was founded by Mario Biasin and George Kline in Caulfield, Melbourne in 1976 to build homes, develop land, sell house and land packages and construct commercial buildings.[4]

In September 2024, Sumitomo Forestry Group announced it would acquire a 51 per cent stake in Metricon for A$115 million.[5]

Sponsorships

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From 2011 until 2022, Metricon was the naming rights of Carrara Stadium on the Gold Coast, the home stadium of the Gold Coast Suns.[6][7] From 2018 until 2022, Metricon was shirt sponsor of the Melbourne Victory.[8][9][10] In 2019, Metricon became naming rights sponsor of the South Sydney Rabbitohs high performance centre at Redfern Oval.[11]

References

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  1. ^ Metricon takes top spot for the eighth consecutive time on HIA’s Top 100 Australian Builders The Property Tribune 20 September 2023
  2. ^ Australia's top homebuilders revealed Business News 22 September 2023
  3. ^ Metricon denies solvency issues as it prepares for government talks The Age 18 May 2022
  4. ^ Mario Biasin experienced mental health issues, Metricon says Australian Financial Review 17 May 2022
  5. ^ Mawby, Nathan (30 September 2024). "Metricon Homes in $115m takeover bid from Japanese firm Sumitomo Forestry - realestate.com.au". www.realestate.com.au. Retrieved 14 October 2024.
  6. ^ Metricon announced as naming rights partner Metricon
  7. ^ Metricon Stadium to change its name after builder fails to renew Gold Coast Suns sponsorship deal Gold Coast Bulletin 21 October 2022
  8. ^ Victory right at home with Metricon Melbourne Victory 12 February 2018
  9. ^ Metricon extends principal partnership with Melbourne Victory Melbourne Victory 1 October 2019
  10. ^ Record financial loss at Melbourne Victory as US ownership looms Sydney Morning Herald 1 January 2023
  11. ^ Rabbitohs and Metricon to continue partnership in 2019 and beyond South Sydney Rabbitohs 10 January 2019