Metricon

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

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]

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