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AU 10158 | Enterprise Profile

Summit Development Corporation Pty Ltd

IW
IBISWorld Research Department
Analyst Australia

Summit Homes Group is a Proprietary Company that generates the majority of its income from the Multi-Unit Apartment and Townhouse Construction industry. In 2021 the company generated total revenue of $153,693,000 including sales and other revenue. In 2021 Summit Homes Group had 299 employees including employees from all subsidiaries under the company's control. The Chief Executive of Summit Homes Group is Mr David Simpson whose official title is Managing Director. The Chairman of Summit Homes Group is either not applicable or not available. The Summit Homes Group operates in Perth Metro and South West through brands such as: Summit Realty Backbone Steel Westgate Financial Services Prime Plumbing Peak Ceilings Crest RoofingThe group provides a range of differing services that can be divided under three operations: Build: including the designing and constructing process tailored to the customers individual needs. The group offers predeveloped homes designs, display home tours, a country range, house and land packages, promotions, assistance with demolition and rebuilding, granny flats, and advice for first home buyers. Renovate: including extensions, storey additions, character specific homes and modern home ideas. Develop: including duplex and triplex developments, rear and front strata, townhouses and narrow lots, and units and apartments.

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What's included in this industry analysis

IBISWorld's research coverage on the Summit Development Corporation Pty Ltd includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

Summit Development Corporation Pty Ltd, trading as Summit Homes Group, operates under the ABN and was incorporated on 30 June 1978. Summit Development Corporation Pty Ltd primarily operates in the House Construction industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within Summit Development Corporation Pty Ltd, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents Summit Development Corporation Pty Ltd’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Summit Development Corporation Pty Ltd operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of Summit Development Corporation Pty Ltd’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of Summit Development Corporation Pty Ltd, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Summit Development Corporation Pty Ltd. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of Summit Development Corporation Pty Ltd’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is Summit Development Corporation Pty Ltd?

The Summit Homes Group operates in Perth Metro and South West through brands such as: Summit Realty Backbone Steel Westgate Financial Services Prime Plumbing Peak Ceilings Crest RoofingThe group provides a range of differing services that can be divided under three operations: Build: including the designing and constructing process tailored to the customers individual needs. The group offers predeveloped homes designs, display home tours, a country range, house and land packages, promotions, assistance with demolition and rebuilding, granny flats, and advice for first home buyers. Renovate: including extensions, storey additions, character specific homes and modern home ideas. Develop: including duplex and triplex developments, rear and front strata, townhouses and narrow lots, and units and apartments.

What industry does Summit Development Corporation Pty Ltd operate in?

Summit Development Corporation Pty Ltd, trading as Summit Homes Group, is a Private Company that generates the majority of its income from the House Construction industry in Australia.

Where is Summit Development Corporation Pty Ltd located?

Murray Cod Australia Limited company is based at 242 Leach Highway, Myaree, Western Australia, Australia.

Who is the CEO of Summit Development Corporation Pty Ltd?

The SALES MANAGER of Summit Development Corporation Pty Ltd is David George Simpson and the SALES MANAGER is Chris Hopkin.

What was Summit Development Corporation Pty Ltd’s revenue in 2025?

In 2025, Summit Development Corporation Pty Ltd generated total revenue of approximately $153.7 million.

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