Axiom Properties

Name

Axiom Properties

Legal name

Axiom Properties Limited

Website

https://axiompl.com.au

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Adelaide

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Property Development: Develops residential subdivisions, commercial buildings, retail centers, and government facilities. Revenue generated through development fees, property sales, and capital appreciation.
2. Property Investment: Invests in property assets including retail centers and commercial buildings, generating rental income and capital returns.
3. Development Management Fees: Receives development fees upon completion milestones such as practical completion of government projects like the Emergency Services State Control Centre.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Axiom Properties is an ASX-listed property development and investment company that develops residential, commercial, retail, and government property assets in Australia. The company originates and delivers individual development projects (such as Glenlea Mt Barker, Butler Central, Worldpark 01, SIXTY2CURRIE, and Churchill Centre) and selectively retains completed assets for ongoing investment income. Its offerings span suburban residential land estates, inner-city commercial office developments, and large-format retail and government-facility projects.

Product overview

Axiom Properties Limited is a property development and investment company focused on developing and delivering quality property solutions in Australia. The company operates across multiple property sectors including residential subdivisions (Glenlea), large format retail (Butler Central Homemaker Centre, Gepps X Home HQ), commercial office (Worldpark 01, 100 St George's Terrace), mixed-use developments (SIXTY2CURRIE), and government infrastructure (Emergency Services State Control Centre). The portfolio includes both current projects and past completed developments across South Australia, Western Australia, Victoria, and New South Wales.

Differentiator

Problem solved

Functional benefit

Products and services

• Glenlea Mt Barker
• Butler Central
• Worldpark 01
• SIXTY2CURRIE
• Churchill Centre

Quantifiable outcome

• Over $200m annual turnover achieved at Churchill Centre retail destination
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core, minor and key.

• PARKD Limited (ASX:PKD)coreStrategic or Co-development Partner · 3 August 2021Heads of Agreement signed August 3, 2021 to jointly investigate and develop car-park related property development opportunities in Australia. PARKD provides innovative end-to-end solutions to car-parking requirements.
• Living ChoiceminorChannel Partner/ Reseller/ Distributor · 5 March 2021Retirement village developer purchased 10ha slice of Glenlea Mt Barker site for $5.5 million, reducing allotments from 600 to over 250.
• Woolworths LtdkeyStrategic or Co-development Partner · 29 July 2019Settled purchase of 3-hectare development site on Camborne Parkway and Butler Boulevard in Butler, WA from Woolworths Ltd. Site adjacent to existing Woolworths Shopping Centre and Butler Train Station.
• Event Hospitality and Entertainment Limited (ASX:EVT)keyStrategic or Co-development Partner · 22 February 201950% Joint Venture interest in mixed-use development at 62 Currie Street, Adelaide CBD. Joint venture partner for SIXTY2CURRIE $180m hotel and office development.
• Estilo GroupkeyChannel Partner/ Reseller/ Distributor · 13 February 2018Announced as hotel operator for Richmond Club's 114-room hotel project in Western Sydney. Signed conditional Agreement for long term Ground Lease.
• Oriental University City Holdings (H.K.) Limited (OUC)coreStrategic or Co-development Partner · 12 June 2015Strategic partnership formed with OUC, a University City established in China in 1999 and listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited. Partnership announced June 12, 2015 representing Axiom's international strategic alliance.

Scale indicators6 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Stockland: Major ASX-listed Australian property developer with residential land, retail centres and commercial developments — overlapping significantly with Axiom's mixed-sector property development portfolio, particularly residential subdivisions and large-format retail.
• Growthpoint Properties Australia: ASX-listed Australian REIT investing in retail, commercial and industrial property. Comparable as an institutional capital pool that buys completed developments similar to those Axiom produces (e.g., Worldpark-01, retail centres).
• Dexus: ASX-listed Australian office and mixed-use property developer and investor. Comparable in office tower development and CBD mixed-use exposure similar to Axiom's Worldpark 01 and SIXTY2CURRIE projects.
• Charter Hall Group: ASX-listed Australian property group active in commercial, retail and social infrastructure. Charter Hall Social Infrastructure REIT is a direct buyer of Axiom's Emergency Services facility, making Charter Hall both a customer and a comparable diversified property participant.
• Lendlease: Large ASX-listed diversified property developer with operations spanning residential, commercial, retail and government infrastructure across Australia — comparable as a much larger incumbent doing the same multi-sector development work Axiom does.

Direct peers

• Cedar Woods Properties: ASX-listed mid-cap Australian residential and mixed-use developer operating across WA, VIC and QLD — directly comparable in scale and business model to Axiom, including residential subdivisions and mixed-use projects.
• AV Jennings: ASX-listed Australian residential land and housing developer with a similar model of acquiring entitled land, building subdivisions, and selling allotments in growth-area markets — closely comparable to Axiom's residential subdivision activities.
• Peet Limited: ASX-listed Australian residential land developer and investment company that acquires, develops and subdivides land in growth corridors — directly comparable to Axiom's Glenlea Mt Barker residential subdivision business and overall property development model.

Regional players

• Dennis Family Corporation: Private Australian residential land developer and homebuilder concentrated in Victoria and southeast Queensland. Comparable as a residential subdivision developer, though primarily focused on different geographies than Axiom.
• Elanor Investors: ASX-listed Australian real estate investment and funds management group active in hospitality, retail and commercial real estate — overlapping with Axiom's commercial/hospitality (SIXTY2CURRIE hotel) and retail development activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Axiom Properties