9 datasets found
  1. Quarterly mean residential property price Australia 2014-2024

    • statista.com
    • ai-chatbox.pro
    Updated May 19, 2025
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    Statista (2025). Quarterly mean residential property price Australia 2014-2024 [Dataset]. https://www.statista.com/statistics/1030525/australia-residential-property-value/
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    Dataset updated
    May 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Dec 2014 - Dec 2024
    Area covered
    Australia
    Description

    The average price of Australian residential property has risen over the past ten years, and in December 2024, it reached 976,800 Australian dollars. Nonetheless, property experts in Australia have indicated that the country has been in a property bubble over the past decade, with some believing the market will collapse sometime in the near future. Property prices started declining in 2022; however, a gradual upward trend was witnessed throughout 2023, with minor fluctuations in 2024. Australian capital city price differences While the national average residential property price has exhibited growth, individual capital cities display diverse trends, highlighting the complexity of Australia’s property market. Sydney maintains its position as the most expensive residential property market across Australia's capital cities, with a median property value of approximately 1.19 million Australian dollars as of April 2025. Brisbane has emerged as an increasingly pricey capital city for residential property, surpassing both Canberra and Melbourne in median housing values. Notably, Perth experienced the most significant annual increase in its average residential property value, with a 10 percent increase from April 2024, despite being a comparably more affordable market. Hobart and Darwin remain the most affordable capital cities for residential properties in the country. Is the homeownership dream out of reach? The rise in property values coincides with the expansion of Australia's housing stock. In the December quarter of 2024, the number of residential dwellings reached around 11.29 million, representing an increase of about 53,200 dwellings from the previous quarter. However, this growth in housing supply does not necessarily translate to increased affordability or accessibility for many Australians. The country’s house prices remain largely disproportional to income, leaving the majority of low- and middle-income earners priced out of the market. Alongside this, elevated mortgage interest rates in recent years have made taking out a loan increasingly unappealing for many potential property owners, and the share of mortgage holders at risk of mortgage repayment stress has continued to climb.

  2. E

    Australia Real Estate Market Size and Share Outlook - Forecast Trends and...

    • expertmarketresearch.com
    Updated Dec 21, 2024
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    Claight Corporation (Expert Market Research) (2024). Australia Real Estate Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034) [Dataset]. https://www.expertmarketresearch.com/reports/australia-real-estate-market
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    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Dec 21, 2024
    Dataset authored and provided by
    Claight Corporation (Expert Market Research)
    License

    https://www.expertmarketresearch.com/privacy-policyhttps://www.expertmarketresearch.com/privacy-policy

    Time period covered
    2025 - 2034
    Area covered
    Australia
    Variables measured
    CAGR, Forecast Market Value, Historical Market Value
    Measurement technique
    Secondary market research, data modeling, expert interviews
    Dataset funded by
    Claight Corporation (Expert Market Research)
    Description

    Australia real estate market value reached around USD 136.50 Billion in 2024, driven by robust demand for residential properties. Recovering of economy has led to a surge in housing demand, particularly in major cities like Sydney, Brisbane, and Perth, where property values have reached record highs. Additionally, low interest rates and favourable lending conditions have made homeownership more accessible, further fuelling market activity. As a result, the industry is expected to grow at a CAGR of 3.60% during the forecast period of 2025-2034 to attain a value of USD 194.42 Billion by 2034. Government incentives and infrastructure developments are also expected to stimulate investment in real estate.

  3. Quarterly real house price index Australia 2019-2024

    • statista.com
    • ai-chatbox.pro
    Updated May 19, 2025
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    Statista (2025). Quarterly real house price index Australia 2019-2024 [Dataset]. https://www.statista.com/statistics/1239505/australia-real-house-price-index/
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    Dataset updated
    May 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    Australia’s real house price index fell to ***** in the fourth quarter of 2024. House prices fluctuated over the reported period compared to the base year of 2015, experiencing a sharp increase throughout 2021, with the country’s house price index peaking in the first quarter of 2022 at ***. Prospective homeowners priced out of the market Recent house price increases reflect the ongoing challenges of housing affordability in Australia. Property prices largely outpace income growth, reigniting discussions about whether the country is stuck in a property bubble, a topic that has been debated for over a decade. The country’s house price-to-income ratio hit ***** in the second quarter of 2024, the highest ratio recorded over the past five years, making it increasingly difficult to get on the property ladder. Unaffordable rental conditions Australia’s rental market has also seen challenges, with the rent price index continuing to climb throughout 2024 into the first quarter of 2025, making the prospect of renting less appealing. As of March 2025, the average weekly house rent price in Sydney stood at *** Australian dollars, the highest across the country’s major cities. Canberra, Darwin, and Perth were the next most expensive markets for house rents, while Hobart was the most affordable capital city for both house and unit rent prices.

  4. Price per square meter of land Perth, Australia 2009-2024

    • statista.com
    Updated Mar 17, 2025
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    Statista (2025). Price per square meter of land Perth, Australia 2009-2024 [Dataset]. https://www.statista.com/statistics/736618/australia-land-price-per-square-meter-perth/
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    Dataset updated
    Mar 17, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    In 2024, one square meter of greenfield land cost an average of 877 Australian dollars in Perth, Australia. This marked a significant increase from the previous year and a recovery from the five-year decreasing trend in land prices for that region witnessed between 2015 to 2020.

  5. A

    Australia Commercial Real Estate Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Mar 7, 2025
    + more versions
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    Data Insights Market (2025). Australia Commercial Real Estate Market Report [Dataset]. https://www.datainsightsmarket.com/reports/australia-commercial-real-estate-market-17313
    Explore at:
    ppt, pdf, docAvailable download formats
    Dataset updated
    Mar 7, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Australia
    Variables measured
    Market Size
    Description

    The Australian commercial real estate market, valued at $34.07 billion in 2025, is projected to experience robust growth, with a compound annual growth rate (CAGR) of 8.46% from 2025 to 2033. This expansion is driven by several key factors. Strong population growth and urbanization in major cities like Sydney, Melbourne, and Brisbane are fueling demand for office, retail, and industrial spaces. The burgeoning e-commerce sector is significantly boosting demand for logistics and warehousing facilities, particularly in strategically located areas surrounding major urban centers. Furthermore, government initiatives promoting infrastructure development and attracting foreign investment are contributing positively to the market's overall health. The hospitality sector, while still recovering from the pandemic, shows signs of a steady uptick, driven by increased tourism and domestic travel. While rising interest rates and potential economic slowdowns pose some restraints, the underlying strength of the Australian economy and the long-term positive demographic trends are expected to outweigh these challenges. The market is segmented by property type (office, retail, industrial & logistics, hospitality, and other) and by city (Sydney, Melbourne, Brisbane, Adelaide, Canberra, and Perth), with Sydney and Melbourne holding the largest market shares. Key players include Pact Construction, Mirvac, Pellicano Builders, Stockland, Frasers Property, and Lendlease, amongst others, actively shaping the market's landscape through development and investment. The forecast period (2025-2033) anticipates continued expansion across all segments. However, the growth trajectory might see some moderation in the later years depending on the global economic climate and national policy changes. The industrial and logistics sector is poised for particularly strong growth due to the sustained rise in e-commerce activity and supply chain optimization efforts. The office sector's growth might be influenced by the evolving work-from-home dynamics and the adoption of hybrid working models, potentially favoring flexible and high-quality office spaces. Retail real estate will likely witness dynamic shifts as consumer preferences evolve, with demand for experiential retail and specialized offerings gaining traction. Understanding these nuanced sector-specific trends is critical for investors and developers to successfully navigate the Australian commercial real estate market. Australia Commercial Real Estate Market: A Comprehensive Forecast 2019-2033 This insightful report provides a detailed analysis of the Australian commercial real estate market, covering the period 2019-2033. With a focus on key segments like office, retail, industrial and logistics, and hospitality, across major cities including Sydney, Melbourne, Brisbane, Adelaide, Canberra, and Perth, this report is crucial for investors, developers, and industry professionals seeking to navigate this dynamic market. The report utilizes data from the historical period (2019-2024), with the base year set at 2025, and forecasts extending to 2033. Key players like Stockland, Mirvac, Frasers Property, Lendlease Corporation, and Scentre Group Limited are analyzed, providing a comprehensive overview of market trends and future projections. The report offers valuable insights into market concentration, emerging trends, and growth catalysts, ultimately assisting informed decision-making within the Australian commercial real estate landscape. Key drivers for this market are: Rapid Urbanization, Government Initiatives Actively promoting the Construction Activities. Potential restraints include: Shortage of Skilled Labor, Supply chain issues and rising material costs. Notable trends are: Retail real estate is expected to drive the market.

  6. A

    Australia Luxury Residential Property Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 23, 2025
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    Market Report Analytics (2025). Australia Luxury Residential Property Market Report [Dataset]. https://www.marketreportanalytics.com/reports/australia-luxury-residential-property-market-92071
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Apr 23, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Australia
    Variables measured
    Market Size
    Description

    The Australian luxury residential property market, valued at $23.88 billion in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.75% from 2025 to 2033. This expansion is fueled by several key drivers. Strong economic performance in key cities like Sydney, Melbourne, and Brisbane, coupled with a burgeoning high-net-worth individual (HNWI) population, continues to underpin demand for premium properties. Furthermore, a limited supply of luxury housing stock in prime locations, combined with increasing preference for spacious, high-amenity homes, particularly villas and landed houses, contributes to sustained price appreciation. While rising interest rates present a potential restraint, the resilience of the luxury market segment, driven by wealthier buyers less susceptible to interest rate fluctuations, is expected to mitigate this effect. The market is segmented by property type (apartments/condominiums versus villas/landed houses) and location, with Sydney, Melbourne, and Brisbane dominating market share, reflecting their established luxury real estate markets and strong economic activity. Prominent developers like Metricon Homes, James Michael Homes, and others cater to this discerning clientele, offering bespoke designs and high-end finishes. The sustained growth trajectory indicates a promising outlook for investors and developers alike, although careful consideration of macroeconomic factors and regulatory changes will remain crucial. The forecast period (2025-2033) anticipates consistent market expansion, driven by ongoing demand from both domestic and international high-net-worth individuals. While the "Other Cities" segment demonstrates potential for growth, Sydney, Melbourne, and Brisbane are likely to maintain their dominant positions due to existing infrastructure, established luxury markets, and lifestyle appeal. The preference for villas and landed houses is expected to remain strong, reflecting a shift towards larger properties with increased privacy and outdoor space. However, the market will likely see some adjustments in response to economic conditions, including potential shifts in buyer preferences and developer strategies to meet evolving market demands. Maintaining a keen understanding of these dynamics will be critical for navigating the complexities of this dynamic market. 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., Increasing Number of High Net-Worth Individuals (HNWIs). Notable trends are: Ultra High Net Worth Population Driving the Demand for Prime Properties.

  7. A

    Australia Senior Living Industry Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Mar 7, 2025
    + more versions
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    Data Insights Market (2025). Australia Senior Living Industry Report [Dataset]. https://www.datainsightsmarket.com/reports/australia-senior-living-industry-17429
    Explore at:
    doc, ppt, pdfAvailable download formats
    Dataset updated
    Mar 7, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Australia
    Variables measured
    Market Size
    Description

    The Australian senior living market, valued at $6.03 billion in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 8.17% from 2025 to 2033. This significant expansion is driven by several key factors. The aging Australian population, with a rising proportion of individuals aged 65 and over requiring assisted living arrangements, is a primary driver. Increased disposable incomes among older Australians and a growing preference for high-quality, amenity-rich retirement communities further fuel market demand. Government initiatives aimed at supporting aged care and improving access to senior living facilities also contribute to market growth. The market is segmented by property type (Assisted Living, Independent Living, Memory Care, Nursing Care) and location, with significant demand across major cities like Melbourne, Perth, and regional areas such as the Sunshine Coast and Hobart. Competition is intense, with established players like Aveo, RSL LifeCare, and Stockland vying for market share alongside smaller, specialized operators. The market's future trajectory is influenced by several trends. The increasing demand for specialized care, particularly for individuals with dementia or Alzheimer's disease, is driving growth in the memory care segment. Technological advancements, such as telehealth and smart home technology, are being integrated into senior living facilities to enhance resident care and independent living capabilities. Furthermore, a growing focus on sustainability and environmentally friendly practices within the industry is shaping future developments. While the market faces challenges, including rising construction costs and labor shortages, the overall outlook remains positive, driven by the long-term demographic trends and increasing demand for high-quality senior living options. The projected market size in 2033, extrapolated from the provided data, indicates a considerable expansion opportunity for both existing and new market entrants. This comprehensive report provides a detailed analysis of the booming Australian senior living market, encompassing the period from 2019 to 2033. With a focus on the estimated year 2025 and a forecast extending to 2033, this study offers invaluable insights for investors, operators, and stakeholders navigating this dynamic sector. We delve deep into market size, segmentation, trends, and future growth potential, considering key players like Aveo, RSL LifeCare, and Stockland, among others. This report utilizes data from the historical period (2019-2024) and establishes a robust base year of 2025. Recent developments include: August 2023: Aware Super has invested an undisclosed amount to acquire the remaining 30% it does not own in Oak Tree Retirement Villages. This senior housing platform owns 48 complexes along Australia's Eastern seaboard., February 2023: Lendlease 'Grove' extension will deliver 45 new two- and three-bedroom independent villas with internal garage access and private covered alfresco entertaining. The project will also include a separate 124-bed residential aged care facility delivered by Arcare Aged Care, offering a continuum of care in high demand in the Ngunnawal region.. Key drivers for this market are: 4., Aging Population4.; Increased Longevity. Potential restraints include: 4., Inadequate Staffing. Notable trends are: Increasing Senior Population and Life Expectancy driving the market.

  8. A

    Australia Co Office Space Industry Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 26, 2025
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    Market Report Analytics (2025). Australia Co Office Space Industry Report [Dataset]. https://www.marketreportanalytics.com/reports/australia-co-office-space-industry-92125
    Explore at:
    doc, pdf, pptAvailable download formats
    Dataset updated
    Apr 26, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Australia
    Variables measured
    Market Size
    Description

    The Australian co-working office space market, valued at $210 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 15.13% from 2025 to 2033. This surge is driven by several key factors. Firstly, the increasing adoption of flexible work arrangements by businesses of all sizes, from small startups to large corporations, fuels demand for adaptable and cost-effective office solutions. The rise of the gig economy and remote work further contribute to this trend. Secondly, the preference for collaborative work environments and networking opportunities offered by co-working spaces attracts a diverse range of professionals and businesses seeking enhanced productivity and community. Major cities like Sydney, Melbourne, and Perth are leading this growth, driven by strong economic activity and a concentrated workforce. The IT and ITES sector, along with Legal Services and BFSI, are significant contributors to the market's expansion, reflecting the industry's need for adaptable workspace solutions. While increased competition and potential economic fluctuations might pose challenges, the overall outlook for the Australian co-working space market remains positive, indicating a sustained period of growth over the forecast period. The market segmentation reveals a diverse landscape. Flexible managed offices and serviced offices are competing to cater to the specific needs of varied client segments. Demand is spread across various applications, notably Information Technology, Legal Services, Banking, Financial Services, and Insurance, reflecting the broad appeal of co-working models. End-user segmentation shows participation from personal users, small-scale, and large-scale companies. The presence of established players like WeWork, Hub Australia, and local providers such as WOTSO Limited highlights the market's maturity and the competitiveness within the sector. The forecast suggests that the market will continue to grow steadily driven by continued demand for flexible work arrangements and collaborative working environments. Strategic expansion by existing players, along with the emergence of new entrants, will further shape the competitive dynamics in the years to come. Recent developments include: February 2024: Singapore's The Work Project (TWP), a leading flexible workspace operator, partnered with Australian real estate asset group Dexus to establish Australia's inaugural joint venture (JV)-owned premium, flexible coworking operator. The collaboration has birthed a new entity, The Work Project Sydney, which will oversee six coworking centers. These centers, located in key business districts of Sydney, Melbourne, Brisbane, and Perth, collectively span an impressive 150,640 sq. ft of prime office space.June 2023: Industrious, the US-based flexible workspace provider, was set to make its foray into the Australian market. Its inaugural Australian site will be at Level 29, 85 Castlereagh Street, in the heart of Sydney's Central Business District (CBD). This expansion collaborates with 151 Property, an asset management firm from Australia and New Zealand.. Key drivers for this market are: 4., Changing work culture driving the market4.; Cost-effectiveness driving the market. Potential restraints include: 4., Changing work culture driving the market4.; Cost-effectiveness driving the market. Notable trends are: Coworking Spaces are Experiencing Significant Growth.

  9. A

    Australia Co Office Space Industry Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Mar 12, 2025
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    Data Insights Market (2025). Australia Co Office Space Industry Report [Dataset]. https://www.datainsightsmarket.com/reports/australia-co-office-space-industry-17456
    Explore at:
    doc, ppt, pdfAvailable download formats
    Dataset updated
    Mar 12, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Australia
    Variables measured
    Market Size
    Description

    The Australian co-working office space market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 6.50% from 2025 to 2033. This expansion is driven by several key factors. The increasing adoption of flexible work arrangements, particularly among small and large-scale companies in sectors like IT, legal services, BFSI, and consulting, fuels demand for adaptable and cost-effective office solutions. Furthermore, the preference for collaborative work environments and the rising number of startups and freelancers contribute significantly to this market's dynamism. Key cities like Sydney, Melbourne, and Perth are leading the charge, attracting major players and establishing themselves as hubs for innovation and entrepreneurship. The market segmentation reveals a significant demand for both flexible managed and serviced offices, catering to diverse business needs and budgets. Competition is fierce, with established international brands and local operators vying for market share. Despite the positive outlook, certain challenges remain. Increased competition may lead to price wars and pressure on profit margins. Economic fluctuations and potential changes in government policies regarding commercial real estate could impact future growth. However, the long-term prospects remain optimistic, fueled by ongoing technological advancements, changing workplace dynamics, and a burgeoning entrepreneurial landscape. The continued growth of the Australian economy and the increasing preference for flexible work arrangements will solidify the co-working space industry's position as a crucial component of the Australian commercial real estate sector. This positive trajectory indicates substantial investment opportunities and a promising future for this dynamic market segment. Key drivers for this market are: Strong Demand and Rising Construction Activities to Drive the Market, Rising House Prices in Germany Affecting Demand in the Market. Potential restraints include: Weak economic environment. Notable trends are: Co-working Spaces are Experiencing Significant Growth.

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Statista (2025). Quarterly mean residential property price Australia 2014-2024 [Dataset]. https://www.statista.com/statistics/1030525/australia-residential-property-value/
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Quarterly mean residential property price Australia 2014-2024

Explore at:
Dataset updated
May 19, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Dec 2014 - Dec 2024
Area covered
Australia
Description

The average price of Australian residential property has risen over the past ten years, and in December 2024, it reached 976,800 Australian dollars. Nonetheless, property experts in Australia have indicated that the country has been in a property bubble over the past decade, with some believing the market will collapse sometime in the near future. Property prices started declining in 2022; however, a gradual upward trend was witnessed throughout 2023, with minor fluctuations in 2024. Australian capital city price differences While the national average residential property price has exhibited growth, individual capital cities display diverse trends, highlighting the complexity of Australia’s property market. Sydney maintains its position as the most expensive residential property market across Australia's capital cities, with a median property value of approximately 1.19 million Australian dollars as of April 2025. Brisbane has emerged as an increasingly pricey capital city for residential property, surpassing both Canberra and Melbourne in median housing values. Notably, Perth experienced the most significant annual increase in its average residential property value, with a 10 percent increase from April 2024, despite being a comparably more affordable market. Hobart and Darwin remain the most affordable capital cities for residential properties in the country. Is the homeownership dream out of reach? The rise in property values coincides with the expansion of Australia's housing stock. In the December quarter of 2024, the number of residential dwellings reached around 11.29 million, representing an increase of about 53,200 dwellings from the previous quarter. However, this growth in housing supply does not necessarily translate to increased affordability or accessibility for many Australians. The country’s house prices remain largely disproportional to income, leaving the majority of low- and middle-income earners priced out of the market. Alongside this, elevated mortgage interest rates in recent years have made taking out a loan increasingly unappealing for many potential property owners, and the share of mortgage holders at risk of mortgage repayment stress has continued to climb.

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