In G20 countries, the share of the population that earned at least the equivalent of the highest 10 percent of global income earners as of 2022 in purchasing power parity (PPP) terms varies from over two thirds in Australia to only *** percent in Indonesia. The United States recorded the second-highest upper-class share of the G20 countries. However, looking at for instance China, approximately ** percent of the population counts as middle class or above, whereas just ***** percent counts as upper class or higher.
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Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Average Daily Rate data was reported at 236.896 AUD in Jun 2017. This records a decrease from the previous number of 264.665 AUD for Mar 2017. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Average Daily Rate data is updated quarterly, averaging 253.336 AUD from Sep 2016 (Median) to Jun 2017, with 4 observations. The data reached an all-time high of 267.988 AUD in Dec 2016 and a record low of 236.896 AUD in Jun 2017. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Average Daily 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.
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Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Average Daily Rate data was reported at 253.073 AUD in 2017. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Average Daily Rate data is updated yearly, averaging 253.073 AUD from Jun 2017 (Median) to 2017, with 1 observations. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Average Daily 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.
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The Luxury Accommodation industry has endured significant turbulence over the past five years, primarily due to shocks and ongoing impacts associated with the pandemic. Strict travel bans in 2020 led to a heavy reliance on domestic tourist traffic, causing sharp declines in revenue and profitability across the sector. Occupancy rates fell from 79.2% to 50.8% between 2018-19 and 2020-21, while RevPAR dropped by 42.2%. The industry also experienced a drop in employment, particularly among casual workers. However, the industry has shown resilience with rebounding occupancy rates and increased RevPAR driven by pent-up demand and the easing of travel restrictions. Employment levels have since surpassed pre-pandemic benchmarks, propelled by the reopening of international borders. The industry has also witnessed a flurry of new luxury hotel openings, placing further upwards pressure on employment numbers due to increasing labour demand. Despite a cost-of-living crisis causing a dip in domestic demand, occupancy rates and RevPAR have reached record highs, pushing up profit margins towards historical pre-pandemic levels. Overall, industry revenue is expected to grow at an annualised 6.8% over the five years through 2024-25, to total $8.8 billion. This trend includes an anticipated rise of 1.4% in 2024-25. The industry’s future will be shaped by several key factors, with inbound tourists from affluent markets expected to drive growth. However, the challenge will be to capture high-spending visitors through innovative marketing campaigns and loyalty programs. With more luxury hotels set to open over the next five years, incumbent establishments will need to find strategies to avoid complications associated with increasing market saturation and growing competition. However, improving domestic economic conditions should enhance demand from domestic travellers. Businesses that can achieve occupancy rates of 80.0% and above will be key to maintaining strong profit margins. Industry revenue is forecast to grow at an annualised 3.8% over the five years through 2029-30, to total $10.6 billion.
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The Australia luxury market size reached USD 7.96 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 15.39 Million by 2033, exhibiting a growth rate (CAGR) of 7.20% during 2025-2033. The Australia luxury market is driven by a growing high-net-worth population with rising disposable incomes, fueling demand for premium goods and exclusive experiences. Additionally, global luxury trends, influenced by digital media and international travel, shape consumer preferences, driving brand expansion, personalized offerings, and high-end retail growth across various luxury segments.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 7.96 Million |
Market Forecast in 2033 | USD 15.39 Million |
Market Growth Rate (2025-2033) | 7.20% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type, gender, and distribution channel.
The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Luxury Apparel, which has the highest value of *** billion U.S. dollars. Find further statistics on other topics such as a comparison of the average revenue per capita in Iceland and a comparison of the average revenue per capita in Hong Kong. The Statista Market Insights cover a broad range of additional markets.
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Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Total Revenue data was reported at 4,264.381 AUD mn in 2017. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Total Revenue data is updated yearly, averaging 4,264.381 AUD mn from Jun 2017 (Median) to 2017, with 1 observations. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Total Revenue 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.
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Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Room Nights Occupied data was reported at 4,095.454 Night th in Jun 2017. This records a decrease from the previous number of 4,240.177 Night th for Mar 2017. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Room Nights Occupied data is updated quarterly, averaging 4,234.923 Night th from Sep 2016 (Median) to Jun 2017, with 4 observations. The data reached an all-time high of 4,285.073 Night th in Dec 2016 and a record low of 4,095.454 Night th in Jun 2017. Australia Tourism Accommodation: By Class: Luxury & Upper Upscale Classes with 10 or More Rooms: Room Nights Occupied 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.
The revenue of the second-hand luxury goods market in Australia and Oceania was estimated to be worth around *** million U.S. dollars in 2023. According to Statista forecasts, this market is set to see an increase, reaching over *** million U.S. dollars by 2028.
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The Australia Luxury Residential Real Estate Market Report is Segmented by Business Model (Sales and Rental), by Property Type (Apartments & Condominiums and Villas & Landed Houses), by Mode of Sale (Primary New-Build and Secondary Existing-Home Resale), and by Key Cities (Sydney, Melbourne, Brisbane, Perth and the Rest of Australia). The Market Forecasts are Provided in Terms of Value (USD).
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Australia luxury residential real estate market is valued at AUD 24 billion, driven by HNWIs, urbanization, and foreign investment, with strong demand in Sydney and Melbourne.
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Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Total Revenue data was reported at 1,194.270 AUD mn in Jun 2017. This records a decrease from the previous number of 1,313.412 AUD mn for Mar 2017. Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Total Revenue data is updated quarterly, averaging 1,283.190 AUD mn from Sep 2016 (Median) to Jun 2017, with 4 observations. The data reached an all-time high of 1,365.011 AUD mn in Dec 2016 and a record low of 1,194.270 AUD mn in Jun 2017. Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Total Revenue 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.
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The Australian luxury residential property market is estimated to have a market size of 23.88 million in 2025, with a projected CAGR of 5.75% from 2025 to 2033. The market is driven by the increasing demand for luxury properties from wealthy individuals and families, both domestic and international. Other key drivers include low interest rates, strong economic growth, and a growing population of high-net-worth individuals. Key trends in the market include the increasing popularity of apartments and condominiums, the rise of eco-friendly luxury developments, and the growing demand for properties in regional areas. Constraints to the market include the lack of affordable housing, government regulations, and rising construction costs. The market is segmented by type (apartments and condominiums, villas and landed houses) and city (Sydney, Perth, Melbourne, Brisbane, other cities). Major companies in the market include Stunning Homes, Medallion Homes, Summit South West, Atrium Homes, and James Michael Homes. Recent developments include: August 2023: Sydney-based boutique developer Made Property laid plans for a new apartment project along Sydney Harbour amid sustained demand for luxury waterfront properties. The Corsa Mortlake development, positioned on Majors Bay in the harbor city’s inner west, will deliver 20 three-bedroom apartments offering house-sized living spaces and ready access to a 23-berth marina accommodating yachts up to 20 meters. With development approval secured for the project, the company is moving quickly to construction. Made Property expects construction to be completed in late 2025., September 2023: A luxurious collection of private apartment residences planned for a prime double beachfront site in North Burleigh was released to the market for the first time with the official launch of ultra-premium apartment development Burly Residences, being delivered by leading Australian developer David Devine and his team at DD Living. The first stage of Burly Residences released to the market includes prestigious two and three-bedroom apartments – with or without multipurpose rooms – and four-bedroom plus multipurpose room apartments that deliver luxury and space with expansive ocean and beach views.. Key drivers for this market are: 4., Increasing Number of High Net-Worth Individuals (HNWIs). Potential restraints include: 4., Rising Interest Rates. Notable trends are: Ultra High Net Worth Population Driving the Demand for Prime Properties.
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Number of Businesses statistics on the Luxury Retailing industry in Australia
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Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Room Nights Available data was reported at 10,581.803 Night th in Jun 2017. This records an increase from the previous number of 10,370.615 Night th for Mar 2017. Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Room Nights Available data is updated quarterly, averaging 10,498.577 Night th from Sep 2016 (Median) to Jun 2017, with 4 observations. The data reached an all-time high of 10,581.803 Night th in Jun 2017 and a record low of 10,370.615 Night th in Mar 2017. Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Room Nights Available 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.
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This Australian English Call Center Speech Dataset for the BFSI (Banking, Financial Services, and Insurance) sector is purpose-built to accelerate the development of speech recognition, spoken language understanding, and conversational AI systems tailored for English-speaking customers. Featuring over 40 hours of real-world, unscripted audio, it offers authentic customer-agent interactions across a range of BFSI services to train robust and domain-aware ASR models.
Curated by FutureBeeAI, this dataset empowers voice AI developers, financial technology teams, and NLP researchers to build high-accuracy, production-ready models across BFSI customer service scenarios.
The dataset contains 40 hours of dual-channel call center recordings between native Australian English speakers. Captured in realistic financial support settings, these conversations span diverse BFSI topics from loan enquiries and card disputes to insurance claims and investment options, providing deep contextual coverage for model training and evaluation.
This speech corpus includes both inbound and outbound calls with varied conversational outcomes like positive, negative, and neutral, ensuring real-world BFSI voice coverage.
This variety ensures models trained on the dataset are equipped to handle complex financial dialogues with contextual accuracy.
All audio files are accompanied by manually curated, time-coded verbatim transcriptions in JSON format.
These transcriptions are production-ready, making financial domain model training faster and more accurate.
Rich metadata is available for each participant and conversation:
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This Australian English Call Center Speech Dataset for the Real Estate industry is purpose-built to accelerate the development of speech recognition, spoken language understanding, and conversational AI systems tailored for English -speaking Real Estate customers. With over 40 hours of unscripted, real-world audio, this dataset captures authentic conversations between customers and real estate agents ideal for building robust ASR models.
Curated by FutureBeeAI, this dataset equips voice AI developers, real estate tech platforms, and NLP researchers with the data needed to create high-accuracy, production-ready models for property-focused use cases.
The dataset features 40 hours of dual-channel call center recordings between native Australian English speakers. Captured in realistic real estate consultation and support contexts, these conversations span a wide array of property-related topics from inquiries to investment advice offering deep domain coverage for AI model development.
This speech corpus includes both inbound and outbound calls, featuring positive, neutral, and negative outcomes across a wide range of real estate scenarios.
Such domain-rich variety ensures model generalization across common real estate support conversations.
All recordings are accompanied by precise, manually verified transcriptions in JSON format.
These transcriptions streamline ASR and NLP development for English real estate voice applications.
Detailed metadata accompanies each participant and conversation:
This enables smart filtering, dialect-focused model training, and structured dataset exploration.
This dataset is ideal for voice AI and NLP systems built for the real estate sector:
Between March 2024 and March 2025, wages in Australia declined by around 0.6 percent. Wage growth in recent years has been relatively low in comparison to previous years, in particular in December 2020, which only saw a wage growth of 1.3%. Inflation and CPI outstripping wages While wages have increased in Australia, they have still not matched the rate of inflation, which was sitting at 2.4 percent at the end of 2024, down from a high of 7.8 percent at the end of 2022. The high cost of goods has also put pressure on the public, with the Consumer Price Index standing at around 139.4 points, compared to a base year of 2011-12. Rent is on the rise As with many around the world, Australians are also feeling the costs of rent increases. The majority of people in Australia perceive that the cost of rent has risen significantly in their local area. This in turn has seen the government expenditure on rental assistance continue to be high, with around 4.7 billion Australian dollars spent to assist the Australian public in maintaining their housing needs.
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Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Property Count data was reported at 1,636.000 Unit in 2017. Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Property Count data is updated yearly, averaging 1,636.000 Unit from Jun 2017 (Median) to 2017, with 1 observations. Australia Tourism Accommodation: By Class: Upscale & Upper Mid Classes with 10 or More Rooms: Property Count 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.
** percent of Australian respondents answer our survey on "Importance of luxury/premium products by category" with *************. The survey was conducted in 2025, among 2,752 consumers.
In G20 countries, the share of the population that earned at least the equivalent of the highest 10 percent of global income earners as of 2022 in purchasing power parity (PPP) terms varies from over two thirds in Australia to only *** percent in Indonesia. The United States recorded the second-highest upper-class share of the G20 countries. However, looking at for instance China, approximately ** percent of the population counts as middle class or above, whereas just ***** percent counts as upper class or higher.