In June 2025, the Australian city of Melbourne had a rental property vacancy rate of *** percent. In contrast, the rental property vacancy rate in Darwin was estimated at *** percent in the same month.

In February 2025, the Australian city of Sydney had a residential rental property vacancy rate of *** percent. This represented a slight increase in the residential rental property vacancy rate compared to the previous year.

In the second quarter of 2025, the office property vacancy rate in the central business district of Melbourne, Australia, was the highest, with a rate of around **** percent. The central business district of Sydney had an office vacancy rate of **** percent in comparison.

In February 2025, the Australian city of Adelaide had a residential rental property vacancy rate of *** percent. The residential rental property vacancy rate in Adelaide had decreased each year between February 2017 and 2024.

Retail property operators in Australia have endured highly volatile trading conditions over the past five years, as shifting consumer preferences and economic volatility have shaped a turbulent landscape. The rapid rise of ecommerce has contributed to a steady decline in demand for traditional retail space, prompting tenants to reassess their store portfolios and, in many cases, reduce their physical footprints. Segmentation across the market has increased: many prime locations have remained in high demand, supported by resilient consumer traffic, while secondary and legacy centres have faced elevated vacancies and downwards pressure on leasing terms. Major operators like Scentre Group have concentrated capital expenditure on refurbishments, sustainability initiatives and large-scale premiumisation, reinforcing their appeal to top-tier tenants seeking modern, energy-efficient premises and amenities. Overall, industry revenue is expected to have risen at an annualised 2.3% over the past five years to total $37.2 billion in 2024-25, when revenue is anticipated to grow 2.4%. High interest rates and cost-of-living pressures have influenced the industry’s performance, as consumers have reined in discretionary spending and retailers have hesitated to expand. These headwinds have made asset quality and operational excellence critical. Upgraded centres with strong anchor tenants (like major supermarkets Coles and Woolworths) and strategic locations continue to attract healthy tenant demand, in contrast to weaker performing assets, which have been exposed to persistent vacancies. The trend towards omnichannel retailing, with operators integrating click-and-collect and logistics support, has offset challenges related to increased online sales, particularly in lifestyle-oriented suburban centres that have maintained foot traffic and occupancy rates. Meanwhile, operators have been diversifying their income streams – like turnover rents, parking and management services – and leveraging technological efficiencies in property management to support profit margin growth, even as overall conditions remain volatile. Looking ahead, the industry operators will face a more challenging environment. Intensifying ecommerce growth and persistent cost pressures are set to limit broad-based expansion, placing greater emphasis on portfolio quality, tenant retention and adaptable leasing structures. While operators that focus on mixed-use redevelopment and advanced sustainability standards will be better positioned to weather these headwinds, legacy and underinvested properties may face rising vacancies and stiffer competition. Overall, industry revenue is projected to contract at an annualised 1.4% over the five years through 2029-30 to $34.7 billion.

In February 2025, the Australian city of Canberra had a residential rental property vacancy rate of *** percent. The capital city experienced a February rental property vacancy rate high of *** percent in 2023.

Job Vacancies in Australia decreased to 327.20 Thousand in the third quarter of 2025 from 339.40 Thousand in the second quarter of 2025. This dataset provides the latest reported value for - Australia Job Vacancies - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Lingering post-pandemic market adjustments and a turbulent cash rate environment have reshaped the Office Property Operators industry, contributing to a decline in demand for conventional office space. The shift towards hybrid work has left secondary-grade assets vulnerable to higher vacancies and declining rents. In contrast, premium and A-grade buildings in prime CBD areas have remained comparatively resilient, supported by corporate tenants seeking central, efficient and sustainable workplaces. With foreign capital subdued under scrutiny from the Foreign Investment Review Board and investment activity remaining uncertain, domestic institutions and superannuation funds seeking long-term stability are increasingly driving the industry’s performance. Overall, industry revenue is expected to plummet at an annualised 5.3% over the past five years to total $31.7 billion in 2025-26, when revenue is anticipated to increase 3.4%. Industry profitability has weakened over the past five years as office property operators have absorbed sharp valuation declines and rising finance, insurance and construction costs. The RBA’s rapid rate increases between 2022 and 2023 heightened refinancing risks and lifted debt servicing costs, particularly for leveraged owners of older assets. Direct property returns in 2023-24 were at their lowest in more than a decade, reflecting widespread write-downs. Insurers have also raised premiums and reduced coverage following major flood and storm losses, forcing operators to allocate more capital to asset protection and fit-out resilience. These higher expenses have compressed margins despite some recovery in rental income across prime locations. Looking ahead, Australia’s forecast improving economic conditions will offer both benefits and hurdles for the Office Property Operators industry. A revival in business confidence and easing monetary policy are set to drive domestic investment, although demand for flexible workspaces will continue to challenge traditional leasing models. Developers and office property owners are responding by upgrading premium assets with modern amenities targeted at evolving tenant needs. Additionally, policy adjustments from the Foreign Investment Review Board are set to reawaken interest from foreign and institutional investors, prompting an inflow of capital into the industry. This combination of factors is projected to culminate in forecast annualised revenue growth of 2.1% over the five years through 2030-31 to reach $35.2 billion.

In February 2025, the Australian city of Darwin had a residential rental property vacancy rate of *** percent. This marked a slight increase compared to the previous year. The February residential rental property vacancy rate reached a high of *** percent in Darwin in 2019.

Australian Commercial Property Market size was valued at USD 55 Billion in 2024 and is projected to reach USD 74 Billion by 2031 growing at a CAGR of 3.6% from 2024 to 2031.

Australian Commercial Property Market Drivers

Population Growth and Immigration Recovery: The growth in Australia's net foreign migration, which is expected to reach 518,000 in the fiscal year ending June 2023, has increased demand for commercial space, particularly in metropolitan regions. Office occupancy rates in CBDs increasing by 12% year on year, demonstrating the direct influence of population expansion on the commercial property market.

E-commerce and Logistics Expansion: Australia's e-commerce expansion, with online retail sales expected to reach USD 55.2 Billion by 2023, has created an unprecedented demand for logistics properties. Industrial vacancy rates have fallen to a historic low of 1.3%, demonstrating the sector's rapid expansion to meet growing warehouse space demands.

Sustainability and Green Building Requirements: Green buildings now account for 44% of Australian office space, up from 30% in 2018. High NABERS-rated buildings (5 stars or more) fetch a 17.9% rental premium, emphasizing the economic advantage of integrating sustainability into commercial property developments.

The top 100 Airbnb markets in 2025 are: 1. Melbourne - Lenient regulations, 20,704 listings, 67% occupancy rate, $224 daily rate. See other 99 places.

See the average Airbnb revenue & other vacation rental data in Sydney in 2025 by property type & size, powered by Airbtics. Find top locations for investing.

Residents are often independent and choose to live in retirement villages for lifestyle reasons. Many retirement villages provide additional services for residents, like meal preparation, laundry and cleaning services. Changing customer expectations are gradually affecting the industry's product offerings. This trend has led to variation in facilities, including the construction of luxury resorts in coastal locations for baby boomers wanting a sea change and new, vertical, higher-density, amenity-rich facilities in inner-city locations for working older Australians. Other facility operators are providing integrated product offerings, including co-located retirement villages and aged-care facilities. A rise in deferred management and maintenance fees has recently boosted revenue. However, increasing fees have also attracted public concern and greater regulatory oversight, which has weighed on profit margins. In response, retirement village operators have introduced new funding models, including pay-as-you-go models, to gradually move away from the traditional deferred-fee funding model. New business models are also catering to changing expectations and the increasing desire for 'housing for life' options that provide a continuum of care. In view of these variables, revenue is expected to grow at an annualised 2.8% through the end of 2024-25 to $6.2 billion, including slightly higher growth rates of 3.7% in 2024-25 as vacancy rates remain low. The future is looking positive for retirement village operators. Australia's ageing population is set to underpin significant demand growth. In response, retirement village operators will roll out new retirement village options integrated with various lifestyle, community, health and wellness offerings that reflect the increasingly diverse needs of its customer base. The ongoing reform of Australia's wider aged-care sector will impact the operating environment and provide an opportunity to offer alternative and accessible age-appropriate accommodation for Australia's ageing population, especially as the current pipeline of residential aged care facilities lags projected demand. The new Aged Care Act 2024 will also have regulatory implications for those retirement village providers involved in the provision of government-subsidised home care services. Revenue is projected to climb at an annualised 3.2% over the five years through 2029-30 to $7.3 billion.

Australia Tourism Accommodation: By Accommodation Type: Serviced Apartments with 10 or More Rooms: Occupancy Rate data was reported at 71.954 % in Jun 2017. This records a decrease from the previous number of 75.030 % for Mar 2017. Australia Tourism Accommodation: By Accommodation Type: Serviced Apartments with 10 or More Rooms: Occupancy Rate data is updated quarterly, averaging 75.512 % from Sep 2016 (Median) to Jun 2017, with 4 observations. The data reached an all-time high of 76.611 % in Sep 2016 and a record low of 71.954 % in Jun 2017. Australia Tourism Accommodation: By Accommodation Type: Serviced Apartments with 10 or More Rooms: Occupancy Rate data remains active status in CEIC and is reported by Tourism Research Australia. The data is categorized under Global Database’s Australia – Table AU.Q017: Tourism Accommodation Statistics.

As of December 2024, the Australian city or region with the highest hotel occupancy rate was Perth, with an occupancy rate of ** percent. Darwin had the lowest hotel occupancy rate at ** percent of hotel rooms occupied.

The pandemic’s disruption to retail activity, followed by rising inflation and a higher cash rate, has reshaped Australia’s shopping centre landscape. Following a decade of low borrowing costs, the RBA’s sharp rate hikes in 2022-23 lifted financing expenses and compressed investor margins. As a result, shopping centre operators like Scentre Group and Vicinity Centres shifted to recycle capital, and pursue joint ventures and phase developments to protect returns. With household spending under pressure, operators have gradually shifted from expansion-focused growth towards more capital-disciplined redevelopment and mixed-use investment strategies. Despite cost pressures, occupancy has remained high post-pandemic, reflecting tenants’ ongoing preference for well-located flagship centres like Vicinity’s expanding precinct at Chadstone in Victoria. Industry revenue is anticipated to decline at an annualised 1.2% over the five years through 2025-26 to total $8.2 billion. This drop includes an expected decline of 1.0% in 2025-26. The rapid expansion of online retail has redefined the industry, permanently altering consumer habits and redefining the role of physical retail space. Online sales now account for a far greater proportion of retail spending than they did pre-pandemic, as shoppers increasingly prioritise convenience and price transparency. This shift has weighed on foot traffic and tenant demand, prompting closures and downsizing among many traditional retailers. Meanwhile, food, entertainment and premium fashion tenants have continued to draw in-person spending. High capital costs and the significant economies of scale in the industry restrict new entrants, leaving major operators like Lendlease, Scentre Group and Vicinity Centres to consolidate market share through acquisitions. Over the past five years, these structural advantages have allowed large landlords to maintain strong occupancy rates and recover their margins. Shopping centre operators will return to revenue growth over the next five years. The economic headwinds that operators have faced in recent years are set to subside, opening opportunities for expansion. Nonetheless, online shopping will remain a threat, prompting many major shopping centres to change their strategies. Larger operators are set to funnel investment into their highest performing assets, making them increasingly centralised, integrated centres beyond just shopping. Through this strategy, the larger firms will exploit economies of scope and capture more and more market share. Overall, revenue is forecast to increase at an annualised 2.8% over the five years through 2030-31 to reach $9.5 billion.

The shift towards remote work and the rapid adoption and development of AI models have led to a surge in cloud storage adoption. Cloud storage is vital for remote work efficiency, providing secure data access and facilitating collaboration, while AI models need data centre colocation services for model training and operation. Amid soaring demand, the industry has seen vacancy rates at data centres fall to record lows over the past five years. While pricing growth, in real terms, has been limited, improved capacity utilisation has helped to boost margins. However, substantial investment in new data centre facilities has led to rising depreciation costs. Industry revenue is expected to have risen at an annualised 5.0% over the five years through 2025-26 to $6.4 billion. This includes an anticipated 8.4% spike in 2025-26. Rising demand for AI-related data centre colocation services is boosting revenue but also creating structural challenges for the industry. AI server racks are heavier, have higher energy requirements and generate more heat. AI-ready facilities need to have a higher floor loading capacity to handle the heavier server racks, and they generally need liquid or hybrid cooling systems to manage heat efficiently. Industry companies have had to retrofit or upgrade existing facilities and build specialised facilities to cater to growing demand. NextDC invested in a specialised AI Factory data centre facility in Sydney in 2024 and, in 2025, announced another AI Factory would be set up in Melbourne. Meanwhile, CDC announced in 2025 that it would launch the first stage of Western Australia's largest AI-focused data centre facility in 2026. In the coming years, the AI revolution will drive significant demand for data centres, necessitating enhancements in digital infrastructure to allow for large-scale AI processing. Major investments are planned by Amazon, NEXTDC and other players, although Microsoft has started showing signs it might plan to slow down investments amid fears of an AI bubble. Growth in new capacity is set to create challenges for the industry and the wider economy as it puts pressure on government housing targets, utilities infrastructure and the national electricity grid. Data centres will prioritise energy efficiency and sustainable practices to minimise energy consumption, optimise resource use and help limit their impact on water and electricity usage. Industry revenue is forecast to climb at an annualised 12.7% over the five years through 2030-31 to $11.7 billion.

Overview ABARES analysis of labour use in the dairy industry shows the industry has distinct labour force requirements and faces different challenges to the other industries. ABARES surveyed around 300 dairy farmers face-to-face in 2016 to collect data on farm physical and financial performance, labour use, recruitment experiences and future labour requirements. The report complements results released previously for vegetable and irrigated horticulture and cotton farms. Key Findings • Dairy farms are estimated to have employed around 27,000 workers in 2015-16. The majority of these workers are family members or local residents employed on a full time or casual basis. In contrast with the vegetable, irrigated horticulture and cotton industries few seasonal workers are employed. • Dairy farms are less labour intensive than vegetable, irrigated horticulture and cotton farms, generally employing fewer workers and spending less on labour costs. However, labour is still a very significant cost on dairy farms. • There is a shift in the dairy industry towards large farm sizes. Large dairy farms tend to employ more workers, both skilled and unskilled, than smaller farms despite having a greater level of automation. These farms farm also use labour more productively. • In the dairy industry, job vacancy rates and recruitment are low and more likely to occur to meet the need for labourers on a full time or casual basis. Few farms reported recruiting skilled workers in the previous year, possibly because of their reliance on family members to fill these more skilled positions. • Among the farms that recruited workers in 2015-16, over 30 per cent experienced difficulties, most looking to fill full-time positions and citing issues associated with candidates' poor attitude, motivation and personality as the main difficulty. The Department of Jobs and Small Business found a similar share of businesses reporting recruitment difficulties on average across all sectors of the economy (33 per cent). • Dairy farmers identified the top three workforce difficulties they expect to experience in the future as: inadequate business profit to employ more workers (53 cent of farms); negative perception of the jobs in the industry (31 per cent of farms) and an ageing workforce (26 per cent of farms).

Australia Tourism Accommodation: By Accommodation Type: Motels/Private Hotels/Guest Houses with 10 or More Rooms: Occupancy Rate data was reported at 63.788 % in Jun 2017. This records a decrease from the previous number of 65.478 % for Mar 2017. Australia Tourism Accommodation: By Accommodation Type: Motels/Private Hotels/Guest Houses with 10 or More Rooms: Occupancy Rate data is updated quarterly, averaging 65.398 % from Sep 2016 (Median) to Jun 2017, with 4 observations. The data reached an all-time high of 66.306 % in Dec 2016 and a record low of 63.788 % in Jun 2017. Australia Tourism Accommodation: By Accommodation Type: Motels/Private Hotels/Guest Houses with 10 or More Rooms: Occupancy Rate data remains active status in CEIC and is reported by Tourism Research Australia. The data is categorized under Global Database’s Australia – Table AU.Q017: Tourism Accommodation Statistics.

Australia Tourism Accommodation: By Accommodation Type: Motels/Private Hotels/Guest Houses with 10 or More Rooms: Occupancy Rate data was reported at 65.223 % in 2017. Australia Tourism Accommodation: By Accommodation Type: Motels/Private Hotels/Guest Houses with 10 or More Rooms: Occupancy Rate data is updated yearly, averaging 65.223 % from Jun 2017 (Median) to 2017, with 1 observations. Australia Tourism Accommodation: By Accommodation Type: Motels/Private Hotels/Guest Houses with 10 or More Rooms: Occupancy Rate data remains active status in CEIC and is reported by Tourism Research Australia. The data is categorized under Global Database’s Australia – Table AU.Q018: Tourism Accommodation Statistics: Annual.