06-07_1714_Prompt06_SummersetLatest
2026-06-07_1714_Prompt06_SummersetLatest
Sector evidence
Sector body
June 2026
Next review not yet scheduled
New Zealand
Medium confidence
published
SNZ editorial review
Evidence boundary: This record summarises the cited source. It does not establish local availability, individual eligibility, or professional advice.
Short Answer
Summerset posted a strong full-year result for the year ending 31 December 2025:
Key Points
- •448 sales in Q4 2025 (207 new sales + 241 resales) — a record quarter
- •365 sales in Q1 2026 (177 new + 188 resales)
- •Middle East conflict impact monitoring:
- •Sales performance post-Middle East crisis: Overall contracting remains consistent
- •Cost inflation impacts:
- •Craigs Investment Partners (Stephen Ridgewell): Summerset has underperformed the sector recently due to forward interest rate pricing and oil price shock
Full Summary & Notes
Summerset posted a strong full-year result for the year ending 31 December 2025: - Care EBITDA improved significantly to NZ$18.8M (from $2.7M in FY24) — driven by selling care rooms under ORA - #1 brand consideration among core audience since April 2025 - Village satisfaction 91%, Care satisfaction 89%, Staff retention 84% - Uncontracted resale stock decreased to 2.7% of portfolio (from 3.0% at FY24) - 448 sales in Q4 2025 (207 new sales + 241 resales) — a record quarter - Strong performers: Summerset Boulcott, Summerset by the Dunes Pāpāmoa, St Johns, Pohutukawa Place - Record full year FY25 result of 1,560 settlements (+26%) - Chirnside Park (Australia) — 50% of first 28 homes presold within weeks - 2.7% of portfolio uncontracted at year-end - 365 sales in Q1 2026 (177 new + 188 resales) - New sales up 34% vs Q1 2025; resales up 19% - CEO Scott Scoullar: 'pleased with the momentum... carrying a solid pipeline into Q2' - New village centres opened at Cambridge and Waikanae - Middle East conflict impact monitoring: - No material impact on sales or demand yet - Sales contracts up ~13% in last 4 weeks vs YTD average - Highest March ever for customer enquiry - No material construction cost impacts yet - Planning scenario responses (EV fleet, reduced air travel, cost focus) - Strong balance sheet with headroom in banking facility - Build rate guidance: 650-700 NZ + 100-150 Australia in 2026 - Held at Cranbourne North, Victoria — Summerset's first Australia
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Document Details & Metadata
Related Resources
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