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Highlights
Analysts from major Australian brokerages assign BUY ratings to Cedar Woods, forecasting up to 5.4% price upside.
Recent acquisitions in Victoria and South Australia bolster the company’s development pipeline.
FY25 net profit after tax (NPAT) expected to grow by 15%, with presales exceeding $700 million.
Cedar Woods Properties Limited (ASX:CWP) continues to gain investor confidence as top-tier analysts from SHAW AND PARTNERS, MOELIS AUSTRALIA SECURITIES, and BELL POTTER SECURITIES (Institutional) reaffirm their BUY recommendations on the stock.
MOELIS analyst Edward Day has assigned a BUY rating with a target price of AUD 7.63, indicating a 5.39% premium to the current share price. Similarly, analysts Larry Gandler (SHAW AND PARTNERS) and Cindi Eldridge (BELL POTTER SECURITIES) maintain a BUY rating, with target prices of AUD 7.40 and AUD 7.30, respectively, representing modest upsides of 2.21% and 0.83%.
These ratings likely to come on the back of Cedar Woods' strategic acquisitions and a positive financial outlook, signaling sustained value for medium- to long-term investors.
Strategic Land Acquisitions Support Growth Narrative
Cedar Woods’ recent property acquisitions are indicative of the company’s aggressive expansion strategy amid tightening housing supply in key Australian markets.
In June 2025, the company acquired a premium 11,600 sqm site in Fairfield, Victoria, strategically positioned near parklands and within close proximity to Melbourne’s CBD. This elevated site, earmarked for a 300-dwelling mid-rise apartment project, is expected to tap into a chronic apartment shortfall in Melbourne, projected at 23,500 units according to Charter Keck Cramer.
In May 2025, Cedar Woods further enhanced its South Australian portfolio with the acquisition of a 64.6-hectare site in Mount Barker. This land is expected to be developed into a masterplanned community of approximately 860 lots, contributing to earnings from FY28 onwards.
Managing Director Nathan Blackburne highlighted that these acquisitions will diversify Cedar Woods' offerings and address the undersupplied housing segments in both states.
Financial Performance and Outlook
Cedar Woods is on track for encouragimg financial performance in FY25, projecting a 15% increase in net profit after tax (NPAT) compared to FY24. The company reported presales exceeding AUD 700 million by the end of Q3 FY25, reflecting a 23% year-on-year increase. This presale book provides visibility for earnings not only in FY25 but also into FY26, where further growth is anticipated.
Additionally, Cedar Woods maintains a balance sheet with liquidity exceeding AUD 90 million through a mix of undrawn finance facilities and cash reserves.






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