Mirvac Group

MGR: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Mirvac: Homebuyer Interest Slumps, but Securities Look Attractive

Yingqi Tan

Oct 22, 2026

Mirvac's residential sales, excluding conditional deposits, plunged more than 70% in the September quarter from the previous three months. The settlement default rate on a rolling 12-month basis ticked up to 1.1% from 0.3% three months ago, though still below the long-run average of 1.8%.

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Mirvac Group

Mirvac: Homebuyer Interest Slumps, but Securities Look Attractive

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