The Construction Source Australia

The Lamprey family have been building in the Burnie, Tasmania area for over 50 years. In 2019, Terry and Vicki Lamprey took the leap, along with most of their family, and started building under TM & VF Lamprey Builders for the first time. Thanks to the support of their vast network and a great team, their family business has become bigger and better than they could have hoped. Terry started in the building industry in 1966 and has stuck with the trade ever since. Over the years, many members of his family have followed him in to the business. Family members now involved in the company include his wife Vicki, his children Colin, Tammy and three of his grandchildren. Today, Lamprey Builders constructs new homes along the northwest coast of Tasmania. The main location of their current projects is in Burnie, but their preferred area is between Wynyard and Ulverstone. “We have been known to build further along the north-west coast and never say never for the right project, be it a new build or renovation,” says Terry. They construct between eight and 10 homes per year, with values up to $1.2 million, many for investor clients. “We have a good pipeline of investors from both Tasmania and the mainland of Australia to supplement our local clients, they find the Tasmanian housing sector very lucrative for rental properties,” says Terry. “In Sydney you’d pay a million dollars for a house and get $750 per week for it. In Tasmania a million dollars would get you two houses and you’ll get $600 per week for each.” Recently, the company started a job in Ulverstone, just 25 kilometres west of their headquarters. The two story, $1.2 million build is for a repeat customer. They’ve already built two houses and two other units for her – the first house they built together was actually the first house Terry and Vicki built when they started this interation of the THE CONSTRUCTION SOURCE AUSTRALIA

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