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Melbourne’s $3.5bn Builder Taps into Queensland Construction Surge

The Urban Developer •
November 12, 2026 • 03:00 AM
• By Clare Burnett
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Kapitol says it knows precisely what projects it must target if its first interstate expansion is to succeed...

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After reaching the critical mass required to move into a new market, Melbourne builder Kapitol has turned its sights to Queensland.

Kapitol director Andrew Deveson and the company he founded with David Caputo in 2018 has come a long way in less than 10 years. It was listed this year as a top five builder for the first time with 17 projects worth $3.5 billion in its pipeline.

“We’ve always wanted to have a presence across the country,” Deveson told The Urban Developer .

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