- CEO
- Rhett Simonds
- Full Time Employees
- 650
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- 570 St Kilda Road Melbourne VIC Australia 3004
- IPO Date
- Nov 17, 2014
- Business
- Simonds Group Limited Simonds Group Limited (ASX:SIO.AX) designs, constructs, and sells residential dwellings through its primary operating subsidiary Simonds Homes, one of Australia's leading volume homebuilders targeting first and second home buyers, families, and investors in metropolitan areas of state capitals and large regional cities. The company offers a diverse portfolio of single and double-storey detached homes across multiple brands and ranges including Aspirations, Inspirations, Emerge, Elite, Elevate, and Masterpiece; medium-density townhomes and dual occupancy projects; knockdown rebuild services; speculative home building; display home inventory construction; residential land development and sales; and ancillary services such as payroll, asset management, and intellectual property support. Founded in 1949 and headquartered in Melbourne, Australia, Simonds Group Limited operates primarily in Victoria, Queensland, South Australia, and New South Wales, with a network of display homes, showrooms, and construction sites serving customers seeking quality, affordable housing solutions tailored to modern lifestyles. In a key strategic development completed on February 28, 2025, the company acquired Dennis Family Homes for $10 million, expanding its Victorian display footprint, home design offerings, forward order book, and national market reach while integrating complementary brands committed to craftsmanship and customer service; this milestone enhances scale, unlocks cost synergies, and positions Simonds for sustainable growth amid shifting demand toward smaller lot and medium-density products, as reflected in its FY25 financial results showing stable revenue of $665.6 million, improved normalised NPAT of $5.7 million, and strong liquidity of $47.7 million.