What McCloy Group does

McCloy Group is a privately-owned, family-controlled residential property development company headquartered in Newcastle, New South Wales, Australia. Founded in 1961 by Don McCloy as a Belmont-based construction firm and expanded significantly under his son Jeff McCloy from the mid-1980s, the company now operates as one of the Hunter region's largest private property developers with a 60+ year operating history and a portfolio of approximately 10 active masterplanned residential communities spanning the Hunter, New England, Northern Rivers, Port Stephens, and South Coast regions of NSW.

The company's core product is residential land — specifically, masterplanned communities ranging from boutique estates (e.g., Billy's Lookout Teralba, 211 homesites) to large-scale releases (e.g., Kaludah Lochinvar, ~780 homesites across 101 hectares; Monarch's Rise, 255 hectares; Eastwood Lismore, 336 homesites across 58 hectares). McCloy manages the full development lifecycle in-house: feasibility modelling, planning and approvals, project management, construction superintendency, contract administration, legal counsel, conveyancing, sales, and marketing. Land is sourced through both outright acquisition and joint venture partnerships with landowners (Singleton Golf Club, Stevens Group, and the Fisher, Moxey, Webber, and Nesbitt families), while sales are executed by dedicated land sales consultants embedded in each community, supported by community-specific microsites and an interactive portfolio map.

Revenue is generated through one-time land sales to residential home buyers — primarily families and individuals building homes in high-growth regional centres near Newcastle, Maitland, Lake Macquarie, Armidale, and Lismore. Commercial property management (notably 426 King Street Newcastle, housing tenants including Toshiba Australia and APP Corporation) is operated through wholly-owned subsidiary Nuove Castelli Pty Ltd. The company also holds a development pipeline of yet-to-launch projects (Radcliffe, Wyee, Regrowth Kurri Kurri via Stevens Group JV; Lampada Tamworth) and is undergoing a leadership transition following the passing of founder Jeff McCloy in June 2025, with new Chairman Paul Broad (inaugural CEO of Infrastructure NSW) and existing Managing Director Shane Boslem now leading the business.

Name

McCloy Group

Legal name

McCloy Group

Website

https://mccloygroup.com.au

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

11–50 employees

Short description

McCloy Group is a privately-owned, family-controlled residential property developer headquartered in Newcastle, NSW, that creates masterplanned land estates across the Hunter, New England, Northern Rivers, and South Coast regions of New South Wales, selling homesites to families and individuals through in-house sales teams and joint venture partnerships with landowners.

Ownership category

akta.pro rank

Product category

Residential Property Development

NAICS

Land Subdivision (2372)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Residential land development
• Masterplanned communities
• Property development
• Land estates
• Residential subdivisions

Headquarters

HQ city

Newcastle

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure, Others

Revenue model

1. Residential Land Sales: McCloy Group generates revenue through the acquisition, development, and sale of residential land estates. They transform underutilised spaces into masterplanned residential communities, selling land to home buyers. The company oversees the full development cycle including feasibility modelling, planning and approvals, project management, construction superintendency, contract administration, legal counsel and conveyancing, sales and marketing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

McCloy Group acquires, develops, and sells residential land estates across the Hunter, New England, and Northern Rivers regions of New South Wales. The company transforms underutilised spaces into masterplanned residential communities with public art, playgrounds, cycleways, and landscaped parklands. They manage the full development cycle in-house from feasibility modelling through to sales and conveyancing, with dedicated land sales consultants at each community handling direct sales to home buyers.

Product overview

McCloy Group is an award-winning property development company that creates master-planned residential communities across New South Wales. The company's product portfolio consists of eight active residential land estates (Cookes Hill, Driftwood Shores, Eastwood, Kaludah, Monarch's Rise, The Fairways, The Gardens, and The Loxford) geographically spread across the Hunter, New England, and Northern Rivers regions. McCloy Group manages the full development lifecycle from market research and acquisition through to marketing and sales, overseeing every aspect including planning, approvals, project management, construction superintendency, contract administration, legal counsel, conveyancing, and customer relationship management.

Differentiator

Problem solved

Functional benefit

Products and services

• Cookes Hill (Armidale) A residential land estate in Armidale featuring 249 homesites within a 45-hectare parcel, offering a picturesque lifestyle in a convenient city fringe location. Targeted at families and individuals seeking quality residential land in the New England region.
• Driftwood Shores (Tuross Head) A coastal residential community in Tuross Head surrounded by majestic waterways and nature tracks, positioned adjacent to Colia Lake, Bingie Beach, and Tuross Head Country Club. Targeted at home buyers seeking a coastal lifestyle on the NSW South Coast.
• Eastwood (Lismore) A family-friendly community in Lismore spanning 58 hectares with 336 homesites, featuring mature street trees, quality streetscapes, and public art throughout the estate. Targeted at families in the Northern Rivers region.
• Kaludah (Lochinvar) A residential community in Lochinvar spanning 101 hectares with approximately 780 new homesites, featuring a state-of-the-art children's playground and local amenity. Targeted at home buyers in the Hunter region.
• Monarch's Rise (Kings Hill) A residential community in Kings Hill spanning 255 hectares with convenient access to Medowie and Newcastle, setting the standard in residential development within the Port Stephens Region. Targeted at families seeking large-scale masterplanned community living.
• The Fairways (Singleton) A 35-hectare residential community in Singleton developed in partnership with Singleton Golf Club, named to honor the site's former use as a golf club. Targeted at home buyers in the Hunter region.
• The Gardens (Medowie) A boutique residential community in Medowie comprising 211 homesites with an average size of 500m2, offering convenient access to local shopping centre and community facilities. Targeted at home buyers seeking smaller boutique community living.
• The Loxford (Maitland) A residential community in Maitland currently under development with construction commenced. Targeted at home buyers in the Maitland area of the Hunter region.

Quantifiable outcome

• Delivered the $150 million John Hunter Hospital a year ahead of schedule
• +2 more outcomes

Named customers14 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major and minor.

• Singleton Golf ClubmajorStrategic or Co-development PartnerJoint venture partnership with Singleton Golf Club for The Fairways development in Singleton. The 35-hectare residential community is located off Maison Dieu Road, Singleton, on land formerly used as Singleton Golf Club. The project is named to pay homage to the site's former use.
• Stevens GroupmajorStrategic or Co-development PartnerJoint venture partnership with Stevens Group for Radcliffe, Wyee and Regrowth, Kurri Kurri projects.
• The Fisher FamilyminorStrategic or Co-development PartnerJoint venture partnership with The Fisher family in Precinct 2 at Brush Creek, Edgeworth.
• The Moxey FamilyminorStrategic or Co-development PartnerJoint venture partnership with The Moxey family at Potter's Lane, Raymond Terrace.
• The Webber FamilyminorStrategic or Co-development PartnerJoint venture partnership with The Webber family at Ironbark Ridge, Muswellbrook.
• The Nesbitt FamilyminorStrategic or Co-development PartnerJoint venture partnership with The Nesbitt family at Lampada, Tamworth.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Frasers Property Australia: Frasers Property Australia is the Australian arm of SGX-listed Frasers Property, developing residential land estates, build-to-rent, commercial, and industrial assets. It is comparable to McCloy in residential community development but as part of a much larger diversified portfolio across Australia.
• Sekisui House Australia: Sekisui House Australia is the local arm of Japan's largest homebuilder, active in residential land development and integrated housing communities across east coast Australia. It is a broad incumbent in residential masterplanning with overlap to McCloy's NSW growth-corridor focus, though operated as part of a multinational builder strategy.
• Lendlease: Lendlease is a global ASX-listed property and infrastructure group with a significant Australian residential masterplanned-community business alongside commercial, construction, and investment management operations. It is a broad incumbent in residential land development but at vastly greater scale and international scope than McCloy. Notably, Lendlease was also Jeff McCloy's early-career employer.
• Mirvac Group: Mirvac is a major ASX-listed Australian property developer with residential house-and-land, apartments, and commercial portfolios. It overlaps with McCloy in the residential lot/land development category in NSW growth corridors but operates at much greater scale and across multiple asset classes.
• Stockland: Stockland is one of Australia's largest diversified property developers (ASX-listed) operating residential communities, retirement living, and commercial assets nationally. It competes in the same residential land development category as McCloy but at far greater scale and as part of a broader portfolio.

Direct peers

• AVJennings: AVJennings is an ASX-listed residential land developer operating across Australia, focused on creating masterplanned communities for homebuyers. It is directly comparable to McCloy in business model (land subdivision, lot sales to home builders/buyers), customer base (residential lot purchasers in growth corridors), and category (greenfield residential estate development), though larger and nationally diversified.
• Peet Limited: Peet is an ASX-listed Australian land developer with a portfolio of masterplanned communities across multiple states. Like McCloy, Peet acquires entitled land, performs subdivision and development, and sells residential lots — making it a direct comparator in model and customer, though with broader national geographic reach.
• Cedar Woods Properties: Cedar Woods is an ASX-listed Australian residential developer creating masterplanned communities, primarily in Western Australia with expansion into Victoria and Queensland. Comparable to McCloy in core offering (greenfield land estates to homebuyers) and customer segment, with a similar mid-cap scale, though geographically distinct.
• Homecorp: Homecorp is a private Sydney-based residential developer creating townhouse and land estate projects across NSW. Comparable to McCloy in scale, geography (NSW growth corridors), and business model (residential lot/development sales to owner-occupiers), serving a similar mid-market family buyer segment.

Others

• McGrath Estate Agents: McGrath is a major Australian residential real estate agency (ASX-listed historically) active across NSW including the Hunter region. It is thematically related to McCloy as a residential property intermediary in the same geographic markets, but operates as an agency rather than a developer and is included as an adjacent/ecosystem participant rather than direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about McCloy Group