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Graph and download economic data for Real Residential Property Prices for Australia (QAUR628BIS) from Q1 1970 to Q3 2024 about Australia, residential, HPI, housing, real, price index, indexes, and price.
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Australia real estate market size reached US$ 130 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 176 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032. The market is mainly driven by the rising population growth, economic stability and low interest rates on property purchase. Sustainable buildings, mixed-use developments and increased preference for online site visits and virtual tours are further contributing to the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
| US$ 130 Billion |
Market Forecast in 2032
| US$ 176 Billion |
Market Growth Rate 2024-2032 | 3.4% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2024-2032. Our report has categorized the market based on property, business, and mode.
In 2024, Sydney had the highest price per square meter of land across major cities in Australia. Lot buyers expected to pay a premium of 1,617 Australian dollars per square meter in the capital of New South Wales. Conversely, lot buyers in Adelaide expected to spend around 750 Australian dollars per square meter of land. Prices through the roof Over the past decade, the surge in land and housing costs has been attributed to rapid population growth, driving up median prices for property and land, particularly in cities. In Sydney, the per square meter price of land has almost tripled since 2010, while the number of new property listings has declined over the years. A shortage of residential land available to build on has exacerbated the housing affordability crisis in Australia. Will lending rates continue to climb? The homeownership dream is out of reach for the average Australian without a housing loan. Nevertheless, Australia's high mortgage interest rates for both owner-occupiers and investors have impacted current and aspiring mortgage holders, with the value of household lending trending downwards over the past two years. While rates remained high in the first half of 2024, they likely reached their peak, as shown by the gradual plateau in the second half of the year. This stabilization should, in turn, accelerate buying, selling, and lending activities.
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In 2007, a cash-strapped Brian Chesky came up with a shrewd way to pay his $1,200 San Francisco apartment rent. He would offer “Air bed and breakfast”, which consisted of three airbeds,...
In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and four are in Asia, alongside the U.S., Canada, and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.
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The main stock market index in Australia (ASX200) decreased 241 points or 2.95% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Australia. Australia Stock Market Index - values, historical data, forecasts and news - updated on March of 2025.
Australia's café and restaurant landscape has shown consistent growth in recent years. Over 55,700 cafés and restaurants were in operation across the country at the end of the 2024 financial year, up from approximately 41,570 in 2017. Australia's coffee shop network Not only has the number of cafés and restaurants trended upwards nationwide in recent years, the annual revenue of these venues reached a new peak in 2024. The states of New South Wales and Victoria are home to the majority of Australia's food service establishments, owing to their higher population densities. International café chains such as McCafé and Jack's Café, alongside domestic coffee franchise The Coffee Club, boast the highest number of locations across popular coffee shops in Australia. Still, they rank below cafés like Donut King, Zarraffa's, and Gloria Jean's in terms of overall customer satisfaction. Australia's most beloved beverage Coffee is deeply rooted in the everyday lives of Australians, with the hot beverage coming in as the country's most regularly consumed beverage in a 2024 survey. Several Australians consume the beverage every day or, in some cases, multiple times a day, and the annual domestic consumption of coffee has remained above two million sixty-kilogram bags for the past four years. In particular, cappuccinos and lattes enjoy a high popularity among Australians. Nonetheless, although the country observes high coffee consumption levels, cost-of-living pressures have led to a desire to reduce spending on takeout coffee and the rising intention to consume coffee at home instead of in cafés.
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Part Time Employment in Australia decreased to -17034 Persons in February from -6488 Persons in January of 2025. This dataset provides - Australia Part Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Northern Star Resources Limited led the gold mining companies listed on the Australian Securities Exchange as of March 2025, with a market capitalization of 20.56 billion Australian dollars. The largest Australian gold miner, Northern Star has operations in Western Australia, the Northern Territory, and Alaska. Northern Star Resources Northern Star Resources’ revenue reached almost five billion Australian dollars in the 2024 financial year. The company’s net profit after tax was also significant, at 640 million Australian dollars. In late 2024, Northern Star announced plans to purchase De Grey Mining in an all-share deal, which would give the company access to the Hemi gold development project in Western Australia. Gold mining down under The volume of gold produced in Australia is forecasted to reach 309 metric tons by 2026. While Australian gold mining has traditionally been an important segment of the global metal mining industry, the number of gold mines in the country was forecast to decrease between 2021 and 2057. Despite this, Australia was one of the leading gold mining countries worldwide.
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Uranium decreased 8.70 USD/LBS or 11.92% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium - values, historical data, forecasts and news - updated on March of 2025.
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Coal decreased 28.50 USD/MT or 22.75% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on March of 2025.
In the year ended May 31, 2024, Nike's North American revenue amounted to about 21.4 billion U.S. dollars. In the EMEA region (Europe, Middle East, and Africa), the company generated some 13.6 billion U.S. dollars' worth of sales that year. Nike Nike, Inc. is a sportswear and equipment supplier based in the United States that was founded in January 1964. The company's headquarters are located near Beaverton, Oregon. Nike is the world's leading supplier of athletic shoes and apparel and is also a major manufacturer of sports equipment. Sports sponsorships Given Nike's success, size, and popularity, it comes to no surprise that the company is actively involved in the world of sports sponsorships. In fact, Nike has become one of the most reputable athletic sponsors in the world over the years. Nike looks for and uses sponsorship agreements with celebrity athletes, professional sports teams, and college athletic programs for the promotion of their products, technology, and design.
Footwear sales accounted for more than half of Puma’s sales in 2023, the largest share of the sportswear company’s three product segments. Regarded as Puma’s most important sector, sales of footwear exceeded four and a half billion euros that year.
How much did each product segment generate? Puma generated over eight and a half billion euros from global sales of footwear, apparel, and accessories in 2023. Footwear sales have increased by more than three billion euros since 2014, during which time the sales share of this segment has edged to more 50 percent. Sales of Puma apparelalso increased considerably in recent years, amounting to nearly 2.9 billion euros in 2022 and 2.76 billion in 2023. Lastly, sales of accessories continued to rise, but the 15 percent share shows that it remains Puma's smallest business segment.
Partnerships prove profitable for Puma
Puma – the third-largest athletic company worldwide – continued to strengthen its position in the sportswear market by partnering with teams and athletes that raised the profile of the brand at sporting events throughout the year. Over the years, Puma also secured several partnerships with celebrities, such as Rihanna, Kylie Jenner, and Big Sean.
This timeline shows the adidas Group's share price from 2000 to 2023. At the end of the fiscal year in 2023, the share price of the adidas Group was 184.16 euros.
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Graph and download economic data for Real Residential Property Prices for Australia (QAUR628BIS) from Q1 1970 to Q3 2024 about Australia, residential, HPI, housing, real, price index, indexes, and price.