Nigel Satterley, Chief Executive and Founder of Satterley Property Group
Professional Overview
Nigel Satterley is the Chief Executive of Satterley Property Group, the largest privately owned residential land developer in Australia. He founded the company in 1980 and has since led it to sell over 80,000 residential lots across Western Australia, Victoria, and Queensland. Satterley's developments include notable Perth suburbs like Baldivis, Butler, Clarkson, Hocking, Jindalee, Iluka, and Ridgewood.
Career and Achievements
- Founder and CEO of Satterley Property Group: Under his leadership, the company has grown to become a major player in the land development industry in Australia.
- Experience: Over 40 years in home building, real estate, and property development.
- Awards and Recognition: Inductee of the Hall of Fame by the Property Council of Australia.
Business Philosophy and Practices
- Leadership Style: Satterley oversees a team of 100 professionals and is deeply involved in the financial operations, reviewing the company's bank balances every morning and personally signing off on all direct debits over $25,000.
- Business Strategy: Known for his conservative approach and emphasis on cash flow and liquidity. Believes in fairness and integrity in business dealings, a principle ingrained from his mentor, Sir James McCusker.
- Networking and Relationships: Maintains strong relationships within political and business circles, underscored by his regular hosting of private events and significant political donations.
Background and Early Career
Nigel Satterley grew up in Cunderdin, a wheatbelt town east of Perth. He left school early, initially working in apparel sales before moving into property. He started his first major business venture, Statesman Homes, which he eventually sold to fund the inception of Satterley Property Group.
Company Information
- Founded: 1980
- Headquarters: Perth, Western Australia
- Industry: Land Development
- Website: [Satterley Property Group](https://satterley.com.au/about/leadership/)
Key Quotes and Insights
- "At 7.30am each morning I see what is in the bank accounts."
- "You must always do what you say you’ll do. Persist, even when times are tough."
- "Nothing happens unless you make it happen."
Relevant Links
- [Satterley Property Group - Leadership](https://satterley.com.au/about/leadership/)
- [Property Council Australia - Hall of Fame Inductees](https://www.propertycouncil.com.au/membership/recognition-awards/hall-of-fame/hall-of-fame-inductees/nigel-satterley-am)
- [AFR Article on Nigel Satterley](https://www.afr.com/wealth/people/this-school-drop-out-became-a-property-magnate-here-s-how-he-did-it-20231018-p5edap)
Note: This report is based on specific and factual data compiled from verified sources and does not include any speculative or unverified information.