The real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Australia was forecast to continuously increase between 2024 and 2029 by in total ten billion U.S. dollars (+22.98 percent). After the eleventh consecutive increasing year, the real estate transaction value is estimated to reach 53.54 billion U.S. dollars and therefore a new peak in 2029. Notably, the real estate transaction value of the 'Residential Real Estate Transactions' segment of the real estate market was continuously increasing over the past years.Find further information concerning the real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Turkey and the real estate transaction value in the real estate market in Bolivia. The Statista Market Insights cover a broad range of additional markets.

The Australia Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail and More), by Business Model (Rental and Sales), by End User (Individuals / Households, Corporates & SMEs and More) and by Region (New South Wales, Victoria, Queensland and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

New Home Sales in Australia increased to 4583 Units in May from 4287 Units in April of 2025. This dataset provides the latest reported value for - Australia New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2020, Peakstone's investment in the 45 Clarence Street office located in Sydney was the largest Chinese investment in the real estate industry in Australia, with a transaction value of 530 million Australian dollars. This was followed by Poly Global's investment in the Sydney Plaza, valued at around 270 million Australian dollars.

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Residential Real Estate Market Size 2025-2029

The residential real estate market size is forecast to increase by USD 485.2 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, fueled by increasing marketing initiatives that attract potential buyers and tenants. This trend is driven by the rising demand for housing solutions that cater to the evolving needs of consumers, particularly in urban areas. However, the market's growth trajectory is not without challenges. Regulatory uncertainty looms large, with changing policies and regulations posing a significant threat to market stability. Notably, innovative smart home technologies, such as voice-activated assistants and energy-efficient appliances, are gaining traction, offering enhanced convenience and sustainability for homeowners.
As such, companies seeking to capitalize on the opportunities presented by the growing the market must navigate these challenges with agility and foresight. The residential construction industry's expansion is driven by urbanization and the rising standard of living in emerging economies, including India, China, Thailand, Malaysia, and Indonesia. By staying abreast of regulatory changes and implementing innovative marketing strategies, they can effectively meet the evolving needs of consumers and maintain a competitive edge. These regulatory shifts can impact everything from property prices to financing options, making it crucial for market players to stay informed and adapt quickly.

What will be the Size of the Residential Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic housing market analysis, small flats continue to be a popular choice for both investors and first-time homebuyers, driven by affordability and urban growth. International investment in housing projects, including apartments and condominiums, remains strong, offering attractive investment returns. Real estate syndication and property management software facilitate efficient property ownership and management. Real estate loans, property insurance, and urban planning are essential components of the housing market, ensuring the development of affordable housing and addressing the needs of the middle class and upper middle class. Property disputes, property tax assessments, and real estate litigation are ongoing challenges, requiring careful attention from stakeholders.
Property search engines streamline the process of finding the perfect property, from studio apartments to luxury homes. Real estate auctions, land banking, and nano apartments are innovative solutions in the market, while property flipping and short sales provide opportunities for savvy investors. Urban growth and community development are key trends, with a focus on sustainable, planned cities and the integration of technology, such as real estate blockchain, into the industry. Developers secure building permits, review inspection reports, and manage escrow accounts during real estate transactions. Key services include contract negotiation, dispute resolution, and tailored investment strategies for portfolio management. Financial aspects cover tax implications, estate planning, retirement planning, taxdeferred exchanges, capital gains, tax deductions, and maintaining positive cash flow for sustained returns.

How is this Residential Real Estate Industry segmented?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period. The sales segment dominates the global residential real estate market and will continue to dominate during the forecast period. The sales segment includes the sale of any property that is majorly used for residential purposes, such as single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences. With the growing population and urbanization, the demand for homes is also increasing, which is the major factor driving the growth of the sales segment. Moreover, real estate firms work with developers to sel

As of the first quarter of 2023, about 48 percent of commercial real estate transaction activities in Australia were in New South Wales. That same year, Western Australia had about four percent of the commercial real estate transaction activities in the nation.

Sales Data contains information about the sale of freehold and leasehold properties within Western Australia. This dataset is derived from; information from Transfer of Land documents registered at Landgate subject to the Transfer of Land Act 1943 for each of the last 3 sales of the property, and known property attribute information at the time of last sale, that was gathered subject to the Valuation of Land Act 1977. This dataset reflects information about the last three sales of property dating back to 1988. As the information is gathered from 2 different sources of stored data, that have been captured to service the requirements of independent Legislation, data contained in this dataset is subject to anomalies and may not necessarily meet the intended purpose of the user. © Western Australian Land Information Authority. Use of Landgate data is subject to Personal Use License terms and conditions unless otherwise authorised under approved License terms and conditions.

The Asia-Pacific real estate brokerage market, valued at $368.41 million in 2025, is projected to experience robust growth, driven by factors such as increasing urbanization, rising disposable incomes, and a burgeoning middle class across the region. This expansion is particularly noticeable in rapidly developing economies like India and Southeast Asia, where demand for residential and commercial properties is soaring. The market's segmentation reveals a strong presence of both residential and non-residential brokerage services, with sales dominating over rentals. While China, India, and Japan currently hold significant market shares, countries like Australia and South Korea also contribute substantially, exhibiting a balanced distribution of activity across the region. Key players like CBRE Group, JLL, and Cushman & Wakefield are leveraging technological advancements to enhance their service offerings and compete effectively, while smaller, regional firms are capitalizing on niche market opportunities. The 4.21% CAGR projected through 2033 indicates sustained growth potential, fueled by continuous infrastructure development and government initiatives promoting real estate investment. However, potential challenges include fluctuating economic conditions, regulatory changes impacting property transactions, and competition from emerging online platforms. The continued expansion of the Asia-Pacific real estate market is fueled by strong economic growth in several key regions. The increasing demand for both residential and commercial properties, coupled with the rise of proptech and the adoption of innovative technologies by brokerage firms, contribute to the market's dynamism. While established players continue to dominate the market landscape, the presence of smaller, localized firms and the emergence of online platforms creates a competitive environment fostering innovation and efficiency. Government policies and infrastructure development further support growth, although potential macroeconomic risks and regulatory uncertainty need consideration for accurate market projections. Careful market segmentation analysis, considering factors like property type, service offered, and geographic location, is critical for successful investment and strategic planning within this expanding sector. Recent developments include: June 2024: Knight Frank, a prominent global property consultancy, in collaboration with Bayleys, New Zealand's premier full-service real estate firm, successfully acquired McGrath Limited, a key player in the Australian residential real estate market. This acquisition, achieved through a controlling stake purchase via a scheme of arrangement, marks a significant milestone for both entities., June 2024: REA Group disclosed its complete acquisition of Realtair, an Australian proptech firm. In 2020, REA Group made an initial investment in Realtair, securing a 37% stake in the company. This acquisition is set to bolster REA Group's agency services strategy, ensuring customers have access to top-tier digital tools at every stage of their property transactions.. Key drivers for this market are: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Potential restraints include: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Notable trends are: Demand for Residential Segment Driving the Market.

The Real Estate Agency Franchises industry provides real estate services through franchisees, who pay franchisors royalty and renewal fees. The industry is grappling with significant challenges, including high residential property prices and escalating operational costs. The rapid increase in housing prices has created barriers for first-home buyers, decreasing transaction volumes and harming franchises’ revenue. Many prospective homeowners are either delaying their purchases or shifting their focus to more affordable options, like townhouses or apartments, diverting interest from higher-end properties traditionally marketed by franchises. Also, technology investments, increasing rental expenses for prime locations and compliance with evolving regulations are raising operational costs, constraining profitability. However, independent agencies are increasingly seeking affiliation with franchises so they can leverage their brand recognition and support systems to navigate a rapidly changing market landscape and remain competitive. Industry revenue is expected to have fallen at an annualised 2.5% over the five years through 2024-25, to $10.9 billion. This includes an anticipated 2.3% dip in 2024-25 as the real estate market continues to face pressures from high demand, low supply, labour costs and rental affordability challenges. In the coming years, favourable market conditions and government initiatives are poised to support industry growth. As economic conditions improve and consumer confidence grows, more buyers are projected to enter the housing market, increasing housing transfers and enhancing franchises’ profitability. Improved lending practices may empower potential homeowners, leading to a rise in transactions, which will benefit franchises reliant on volume. Rising business confidence is set to stimulate demand for real estate, attracting both local and foreign investors and encouraging new construction projects. Projected decreases in the cash rate are also poised to revive market activity, enhancing accessibility for buyers and investors. Overall, industry revenue is forecast to climb at an annualised 1.7% over the five years through 2029-30, to $11.8 billion.

The increasing demand for high-end luxury living in Australia is largely driven by the country's growing economy and the attraction of international investors seeking premium residential properties. As a result, the market size of Australia's luxury residential real estate has expanded. According to the analyst from Verified Market Research, the Australia Luxury Residential Real Estate Market is estimated to reach a valuation of USD 23.85 Billion in 2024, surpassing around USD 37.43 Billion valued in 2032.The rapid expansion of the Australia luxury residential real estate market is primarily driven by the rising interest from affluent domestic and international buyers, which boosts the compound annual growth rate (CAGR) of high-end properties. It enables the market to grow at a CAGR of 5.80% from 2026 to 2032.

The Andrianakos Property Group's investment in Northland Shopping Centre (50 percent stake) in Preston, Victoria, led Australia's commercial property investment charts in the first quarter of 2025, with a transaction value of 385 million Australian dollars. Investment in Cockburn Gateway Shopping City (50 percent stake) in Perth, Western Australia by retail property group GPT followed in the same quarter, with a transaction value of around 300 million Australian dollars.

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Real Estate Market Size 2025-2029

The real estate market size is forecast to increase by USD 1,258.6 billion at a CAGR of 5.6% between 2024 and 2029.

The market is experiencing significant shifts and innovations, with both residential and commercial sectors adapting to new trends and challenges. In the commercial realm, e-commerce growth is driving the demand for logistics and distribution centers, while virtual reality technology is revolutionizing property viewings. Europe's commercial real estate sector is witnessing a rise in smart city development, incorporating LED lighting and data centers to enhance sustainability and efficiency. In the residential sector, wellness real estate is gaining popularity, focusing on health and well-being. Real estate software and advertising services are essential tools for asset management, streamlining operations, and reaching potential buyers. Regulatory uncertainty remains a challenge, but innovation in construction technologies, such as generators and renewable energy solutions, is helping mitigate risks.

What will be the Size of the Real Estate Market During the Forecast Period?

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The market continues to exhibit strong activity, driven by rising population growth and increasing demand for personal household space. Both residential and commercial sectors have experienced a rebound in home sales and leasing activity. The trend towards live-streaming rooms and remote work has further fueled demand for housing and commercial real estate. Economic conditions and local market dynamics influence the direction of the market, with interest rates playing a significant role in investment decisions. Fully furnished, semi-furnished, and unfurnished properties, as well as rental properties, remain popular options for buyers and tenants. Offline transactions continue to dominate, but online transactions are gaining traction.
The market encompasses a diverse range of assets, including land, improvements, buildings, fixtures, roads, structures, utility systems, and undeveloped property. Vacant land and undeveloped property present opportunities for investors, while the construction and development of new housing and commercial projects contribute to the market's overall growth.

How is this Real Estate Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Residential
  Commercial
  Industrial


Business Segment

  Rental
  Sales


Manufacturing Type

  New construction
  Renovation and redevelopment
  Land development


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK


  South America

    Brazil


  Middle East and Africa

By Type Insights

The residential segment is estimated to witness significant growth during the forecast period.

The market encompasses the buying and selling of properties designed for dwelling purposes, including buildings, single-family homes, apartments, townhouses, and more. Factors fueling growth in this sector include the increasing homeownership rate among millennials and urbanization trends. The Asia Pacific region, specifically China, dominates the market due to escalating homeownership rates. In India, the demand for affordable housing is a major driver, with initiatives like Pradhan Mantri Awas Yojana (PMAY) spurring the development of affordable housing projects catering to the needs of lower and middle-income groups. The commercial real estate segment, consisting of office buildings, shopping malls, hotels, and other commercial properties, is also experiencing growth.

Furthermore, economic and local market conditions, interest rates, and investment opportunities in fully furnished, semi-furnished, unfurnished properties, and rental properties influence the market dynamics. Technological integration, infrastructure development, and construction projects further shape the real estate landscape. Key sectors like transportation, logistics, agriculture, and the e-commerce sector also impact the market.

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The Residential segment was valued at USD 1440.30 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 64% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific region holds the largest share of The market, dr

Australian commercial real estate agencies have faced revenue challenges due to mortgage affordability and business confidence shifts. In 2020 and 2021, government stimulus measures and historically low interest rates improved mortgage affordability. This led to increased investments in sectors like industrial and logistics, boosting demand for agents. However, office property transactions declined because of pandemic restrictions. Since 2021, higher interest rates and less government support have decreased mortgage affordability and business confidence, leading companies to delay or reduce property investments. Additionally, the ongoing shift to remote work has increased office vacancies, reducing demand and pressuring agencies to accept lower profit margins. Overall, industry revenue has dropped at an annualised 2.5% over the past five years and is expected to total $1.10 billion in 2024-25, when revenue will drop by an estimated 4.6%. The Australian commercial real estate industry is undergoing significant transformations due to market dynamics and increased consolidation among major firms. Companies like CBRE, JLL and Colliers International are expanding aggressively through acquisitions—enhancing their service offerings and solidifying market dominance. This consolidation intensifies competition and creates substantial barriers for smaller agencies, pressuring them to strengthen their brand presence or consider mergers to remain viable. Additionally, the ecommerce boom - accelerated by the COVID-19 pandemic - has sharply increased demand for industrial properties like warehouses near urban centres. This surge attracts investors seeking stable returns and escalates competition for limited industrial space. Despite a projected decline in the cash rate that is expected to boost spending and business confidence, Australia's commercial real estate sector is anticipated to face challenges from hybrid work models. Businesses likely to downsize or choose flexible leases will prompt agencies to offer flexible workspaces or repurpose properties. Meanwhile, ecommerce growth drives demand in the industrial property market, supporting industry revenue. Climate concerns and upcoming regulations are increasing demand for sustainable properties; the scarcity of net-zero energy offices allows agencies to market them at premium prices to ESG-focused tenants. This combination of factors is set to culminate in annualised growth of 1.5% over the five years through 2029-30 to $1.19 billion.

Australia E-Commerce Transactions: Value: Business & Consumer Services: Real Estate data was reported at 50.678 USD in 21 Jun 2024. This records an increase from the previous number of 43.119 USD for 20 Jun 2024. Australia E-Commerce Transactions: Value: Business & Consumer Services: Real Estate data is updated daily, averaging 1,313.211 USD from Dec 2018 (Median) to 21 Jun 2024, with 1851 observations. The data reached an all-time high of 28,358.530 USD in 21 Mar 2022 and a record low of 1.750 USD in 19 Jun 2024. Australia E-Commerce Transactions: Value: Business & Consumer Services: Real Estate data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Australia – Table AU.GI.EC: E-Commerce Transactions: by Category.

Quarterly median house prices for metropolitan Adelaide by suburb

Australia E-Commerce Transactions: Volume: Business & Consumer Services: Real Estate data was reported at 4.000 Unit in 21 Jun 2024. This stayed constant from the previous number of 4.000 Unit for 20 Jun 2024. Australia E-Commerce Transactions: Volume: Business & Consumer Services: Real Estate data is updated daily, averaging 8.000 Unit from Dec 2018 (Median) to 21 Jun 2024, with 1851 observations. The data reached an all-time high of 198.000 Unit in 21 Mar 2022 and a record low of 1.000 Unit in 01 Jun 2024. Australia E-Commerce Transactions: Volume: Business & Consumer Services: Real Estate data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Australia – Table AU.GI.EC: E-Commerce Transactions: by Category.

Residential Property Attribute data provides the most current building attributes available for residential properties as captured within Landgate's Valuation Database. Attribute information is captured as part of the Valuation process and is maintained via a range of sources including building and sub division approval notifications. This data set should not be confused with Sales Evidence data which is based on property attributes as at the time of last sale. This dataset has been spatially enabled by linking cadastral land parcel polygons, sourced from Landgatge's Spatial Cadastral Database (SCDB), to the Residential Property Attribute data sourced from the Valuation database. Customers wishing to access this data set should contact Landgate on +61 (0)8 9273 7683 or email businesssolutions@landgate.wa.gov.au © Western Australian Land Information Authority (Landgate). Use of Landgate data is subject to Personal Use License terms and conditions unless otherwise authorised under approved License terms and conditions. Changes will be applied to this dataset resulting from the implementation of the Community Titles Act 2018 please refer to the Data Dictionary below.

In 2018, around 49 percent of the Chinese investment deals in the real estate industry in Australia were valued at between five to 25 million Australian dollars. In total, 74 Chinese investment deals in this industry took place in that year.

Introduction

Welcome to the Australian English Scripted Monologue Speech Dataset for the Real Estate Domain. This meticulously curated dataset is designed to advance the development of English language speech recognition models, particularly for the Real Estate industry.

Speech Data

This training dataset comprises over 6,000 high-quality scripted prompt recordings in Australian English. These recordings cover various topics and scenarios relevant to the Real Estate domain, designed to build robust and accurate customer service speech technology.

Each scripted prompt is crafted to reflect real-life scenarios encountered in the Real Estate domain, ensuring applicability in training robust natural language processing and speech recognition models.

Transcription Data

In addition to high-quality audio recordings, the dataset includes meticulously prepared text files with verbatim transcriptions of each audio file. These transcriptions are essential for training accurate and robust speech recognition models.

Australia Business Indicators Survey: Income from Sales of Goods & Services: 2022-23p: sa: Rental, Hiring & Real Estate Services data was reported at 31,427.000 AUD mn in Dec 2024. This records an increase from the previous number of 31,089.000 AUD mn for Sep 2024. Australia Business Indicators Survey: Income from Sales of Goods & Services: 2022-23p: sa: Rental, Hiring & Real Estate Services data is updated quarterly, averaging 21,351.000 AUD mn from Sep 2001 (Median) to Dec 2024, with 94 observations. The data reached an all-time high of 31,427.000 AUD mn in Dec 2024 and a record low of 14,729.000 AUD mn in Sep 2001. Australia Business Indicators Survey: Income from Sales of Goods & Services: 2022-23p: sa: Rental, Hiring & Real Estate Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.S002: Business Indicators Survey: ANZSIC 2006: Income from Sales of Goods and Services: Chain Linked: 2022-23 Prices.