FY22 Financial Highlights
Frasers Property Australia
Residential / Mixed Use - Notes on profit recognition
Estimated total
Project¹
Effective share
(%)
Total no.
of units²
% of
units sold
saleable area
Target
completion date
('000 sqm)
Burwood East (Burwood Brickworks, Plaza Garden Apt) - HD, VIC
100
70
100.0
4.7
Completed
East Perth (Queens Riverside, Lily Apt) - HD, WA
100
125
91.2
12.4
Completed
Edmondson Park (Ed.Square, The Emerson Apt) - HD, NSW
100
91
98.9
8.2
Completed
Carina (Minnippi Quarter) - MD/L³, QLD
100
193
99.5
n/a
1Q FY23
Hope Island (Cova) - MD, QLD
100
499
100.0
n/a
1Q FY23
Westmeadows (Valley Park) - MD, VIC
PDA4
210
100.0
n/a
1Q FY23
Burwood East (Burwood Brickworks, Ardent Collection Apt) - HD, VIC
100
94
94.7
5.3
3Q FY23
Burwood East (Burwood Brickworks, The Terrace Apt) - HD, VIC
Carlton (Carlton, Encompass Apt) - HD, VIC
100
135
94.1
6.1
3Q FY23
65
115
77.4
7.5
4Q FY23
Shell Cove (The Waterfront, Shell Cove, Nautilus Apt) - HD, NSW
Macquarie Park (Midtown, Mac Apt) - HD, NSW
PDA4
116
100.0
10.9
4Q FY23
50
269
92.6
17.9
1Q FY24
Shell Cove (The Waterfront, Shell Cove, Ancora Apt) - HD, NSW
Blacktown (Fairwater) - MD, NSW
PDA4
64
100.0
5.9
1Q FY24
100
827
96.6
n/a
2Q FY24
Edmondson Park (Ed.Square, The Arlington Apt) - HD, NSW
100
73
100.0
6.5
2Q FY24
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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