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TwitterIn financial year 2023, the number of Indigenous people who received assistance from a homelessness agency in Queensland, Australia was around ** thousand. This represented an increase from financial year 2014, when about ** thousand Indigenous people received services from a homelessness agency in the state.
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The Australian prefabricated buildings market, valued at $10.27 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.93% from 2025 to 2033. This expansion is fueled by several key drivers. Increasing urbanization and a growing population are driving demand for faster, more efficient construction solutions. Prefabrication offers significant advantages in terms of speed, cost-effectiveness, and reduced construction waste, making it an attractive option for both residential and commercial projects. Government initiatives promoting sustainable building practices further bolster market growth, as prefabricated structures often incorporate eco-friendly materials and construction techniques. The rising adoption of modular designs for various applications, including infrastructure and industrial facilities, also contributes to the market's expansion. Competition within the market is relatively high, with numerous established players such as Ausco Modular Construction Pty Ltd, Fleetwood Australia, and Landmark Products Pty Ltd, alongside emerging innovative companies. However, potential restraints include the need for skilled labor to manage the assembly and installation of these structures, as well as overcoming public perception challenges related to the quality and aesthetic appeal of prefabricated buildings. Market segmentation reveals a diverse landscape, with concrete, glass, metal, and timber dominating the material type segment, while residential and commercial applications currently account for the largest portion of market demand. The continued growth trajectory of the Australian prefabricated buildings market is anticipated to be driven by advancements in technology, enabling more sophisticated and customizable prefabricated designs. Furthermore, the increasing focus on sustainable and resilient infrastructure projects will likely enhance the adoption of prefabricated building solutions across diverse sectors. The market is expected to witness innovative material applications and construction techniques, leading to the introduction of more cost-effective and high-quality prefabricated buildings. The competitive landscape will likely see continued consolidation and innovation, with companies focusing on developing specialized solutions and strengthening their supply chains. Furthermore, government regulations focusing on building codes and safety standards are likely to influence the market's trajectory positively. The next decade will see significant growth, driven by these aforementioned dynamics and sustained investment in infrastructure development, particularly within the commercial and residential sectors. Recent developments include: November 2023: The Western Australian government announced the construction of over 200 modular homes as part of its commitment of AUD 2.4 billion to address homelessness in the state. Similarly, the Victorian government unveiled a plan the previous year, allocating AUD 30.38 million to build 114 energy-efficient prefabricated modular homes for individuals experiencing homelessness or facing the risk of it. The increasing adoption of modular housing is expected to lead to cost reductions in construction as manufacturing scales up and efficiencies are achieved.August 2023: Modscape participated in QBuild’s Modern Methods of Construction (MMC) Housing Program to address the immediate housing needs in Queensland. This initiative was aimed at providing affordable and sustainable housing to Queenslanders, from essential government workers to those struggling with homelessness. The Queensland government’s commitment to addressing the housing crisis in the state led to the prototyping of the QBuild MMC Housing Program. This program aims to build approximately 100 essential worker homes across regional Queensland using modern methods of construction (MMC). The program is expected to provide valuable insights into how MMC can be used to deliver affordable and sustainable housing.. Key drivers for this market are: Urban centers are experiencing rapid population growth, leading to increased demand for housing and infrastructure, Government initiatives and policies aimed at promoting innovation in construction. Potential restraints include: Urban centers are experiencing rapid population growth, leading to increased demand for housing and infrastructure, Government initiatives and policies aimed at promoting innovation in construction. Notable trends are: Increasing Demand for New Building Construction in Australia is Driving the Market.
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Facebook
TwitterIn financial year 2023, the number of Indigenous people who received assistance from a homelessness agency in Queensland, Australia was around ** thousand. This represented an increase from financial year 2014, when about ** thousand Indigenous people received services from a homelessness agency in the state.