FY22 Financial Highlights
Frasers Property Australia
Residential / Mixed Use - Notes on profit recognition
Project¹
Effective share
(%)
Total no.
of units²
% of
units sold
Estimated total
saleable area
('000 sqm)
Target
completion date
Edmondson Park (Ed.Square, The Clifton Apt) - HD, NSW
100
45
80.0
4.1
2Q FY24
Macquarie Park (Midtown, Affordable Apt) - HD, NSW
PDA4
130
100.0
8.8
2Q FY24
Macquarie Park (Midtown, Soul Apt) - HD, NSW
PDA4
107
61.7
7.5
2Q FY24
Lidcombe (The Gallery) - H/MD, NSW
100
115
82.6
n/a
3Q FY24
East Perth (Queens Riverside, Lily Retail) - R, WA
100
5
60.0
0.6
4Q FY24
East Perth (Queens Riverside, QIII Retail) -R, WA
100
6
33.3
0.9
4Q FY24
Shell Cove (The Waterfront, Shell Cove, Vela Apt) - HD, NSW
PDA4
52
25.0
6.3
4Q FY24
Macquarie Park (Midtown, Treehouse Apt) - HD, NSW
PDA4
162
14.6
12.0
1Q FY25
Burwood East (Burwood Brickworks) - MD/L³, VIC
100
259
100.0
n/a
4Q FY25
Tarneit (The Grove) - L³, VIC
Baldivis (Baldivis Grove) - L³, WA
Clyde North (Berwick Waters) - L³, VIC
Wyndham Vale (Mambourin) - L³, VIC
Hamilton (Hamilton Reach) - MD, QLD
50
1773
67.8
n/a
4Q FY25
100
384
49.2
n/a
4Q FY26
PDA4
1978
69.7
n/a
4Q FY26
100
1344
54.8
n/a
4Q FY26
100
299
9.4
n/a
1Q FY27
NB: Profit is recognised on completion basis. All references to units include apartments, houses and land lots. 1. L- Land, H/MD - Housing / medium density, HD - High density, R - Mixed use retail. 2. Includes 100% of joint arrangements
(JO and JV) and PDAs. 3. There are a number of land lots; profit is recognised when land lots are sold; target completion date is the target date for the sale of the last land lot. 4. PDA: Project development agreement.
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