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 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.

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.

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.

Quarterly summary of median private rent in South Australia by: suburb, postcode, State Government regions and Local Government Areas. The information relates to bonds lodged with Consumer and Business Services for private rental properties in South Australia.

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).

Australia Job Vacancies: Rental, Hiring and Real Estate Services data was reported at 6.500 Unit th in Feb 2025. This records an increase from the previous number of 6.100 Unit th for Nov 2024. Australia Job Vacancies: Rental, Hiring and Real Estate Services data is updated quarterly, averaging 3.950 Unit th from Nov 2009 (Median) to Feb 2025, with 62 observations. The data reached an all-time high of 10.100 Unit th in Aug 2022 and a record low of 1.000 Unit th in May 2020. Australia Job Vacancies: Rental, Hiring and Real Estate Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G118: Job Vacancies.

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.

Snapshot img

Residential Real Estate Market Size 2025-2029

The residential real estate market size is valued to increase USD 485.2 billion, at a CAGR of 4.5% from 2024 to 2029. Growing residential sector globally will drive the residential real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 55% growth during the forecast period.
By Mode Of Booking - Sales segment was valued at USD 926.50 billion in 2023
By Type - Apartments and condominiums segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 41.01 billion
Market Future Opportunities: USD 485.20 billion
CAGR : 4.5%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and ever-evolving sector that continues to shape the global economy. With increasing marketing initiatives and the growing residential sector globally, the market presents significant opportunities for growth. However, regulatory uncertainty looms large, posing challenges for stakeholders. According to recent reports, technology adoption in residential real estate has surged, with virtual tours and digital listings becoming increasingly popular. In fact, over 40% of homebuyers in the US prefer virtual property viewings. Core technologies such as artificial intelligence and blockchain are revolutionizing the industry, offering enhanced customer experiences and streamlined processes.
Despite these advancements, regulatory compliance remains a major concern, with varying regulations across regions adding complexity to market operations. The market is a complex and intriguing space, with ongoing activities and evolving patterns shaping its future trajectory.

What will be the Size of the Residential Real Estate Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Residential Real Estate Market Segmented and what are the key trends of market segmentation?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period.

Request Free Sample

The Sales segment was valued at USD 926.50 billion in 2019 and showed a gradual increase during the forecast period.

Request Free Sample

Regional Analysis

APAC is estimated to contribute 55% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Residential Real Estate Market Demand is Rising in APAC Request Free Sample

The market in the Asia Pacific (APAC) region holds a significant share and is projected to lead the global market growth. Factors fueling this expansion include the region's rapid urbanization and increasing consumer spending power. Notably, residential and commercial projects in countries like India and China are experiencing robust development. The residential real estate sector in China plays a pivotal role in the economy and serves as a major growth driver for the market.

With these trends continuing, the APAC the market is poised for continued expansion during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

In the Residential Real Estate Market, understanding the impact property tax rates home values and effect interest rates mortgage affordability is essential for buyers and investors. Key factors affecting home price appreciation and factors influencing housing affordability shape market trends, while the importance property due diligence process and requirements environmental site assessment ensure informed decisions. Investors benefit from methods calculating rental property roi, process home equity loan application, and benefits real estate portfolio diversification. Tools like property management software efficiency and techniques effective property marketing help tackle challenges managing rental properties. Additionally, strategies successf

Comprehensive Airbnb dataset for Melbourne, Australia providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

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.

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.

Snapshot img

E-Textbook Rental Market Size 2025-2029

The e-textbook rental market size is valued to increase USD 1.39 billion, at a CAGR of 31.2% from 2024 to 2029. Cost-effective pricing model will drive the e-textbook rental market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 35% growth during the forecast period.
By End-user - Academic segment was valued at USD 115.30 billion in 2023
By Revenue Stream - Subscription services segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 808.01 million
Market Future Opportunities: USD 1389.10 million
CAGR from 2024 to 2029: 31.2%

Market Summary

The market has experienced significant growth, with sales reaching USD 2.2 billion in 2020. This expansion is driven by the cost-effective pricing model that e-textbook rentals offer, allowing students to save up to 80% on textbook costs compared to buying new. Additionally, the integration of software with digital textbooks has become increasingly important, enabling features such as note-taking, highlighting, and search functions, making the learning experience more efficient. However, the market faces a growing threat from open-source content, which is freely available online. The adoption of e-learning platforms and the convenience of accessing textbooks from anywhere at any time are also driving the market's growth. 
Despite this challenge, the future of e-textbook rentals remains promising, as the shift towards digital learning continues to gather momentum. With the flexibility, affordability, and functionality that e-textbook rentals provide, they are poised to become an essential component of the education landscape.

What will be the Size of the E-Textbook Rental Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the E-Textbook Rental Market Segmented?

The e-textbook rental industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Academic
  Non-academic


Revenue Stream

  Subscription services
  Pay-as-you-go-model


Product

  STEM
  Business and economics
  Humanities and social sciences
  Law
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    Australia
    China
    India
    Japan


  Rest of World (ROW)

By End-user Insights

The academic segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth in the academic sector, driven by the increasing preference for digital textbooks among students. With the rising popularity of e-learning platforms, user-friendly interfaces, and mobile devices, the need for digital textbook access has become increasingly important. This shift is particularly noticeable in K-12 schools and higher education institutions, where students can save costs by renting e-textbooks for specific academic periods. Student account management, inventory tracking, and pricing models are essential features of rental management software, ensuring seamless rental processes.

Request Free Sample

The Academic segment was valued at USD 115.30 billion in 2019 and showed a gradual increase during the forecast period.

Additionally, accessibility features, such as text-to-speech and adjustable font sizes, cater to diverse learning needs. Integration with e-learning platforms, learning management systems, and course scheduling systems further enhances the user experience. Customer data privacy, secure data storage, and payment processing fees are crucial considerations for rental providers, along with automated email notifications, customer support channels, and damage assessment procedures. The use of recommendation algorithms and digital rights management systems ensures a personalized and secure rental experience.

Request Free Sample

Regional Analysis

APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How E-Textbook Rental Market Demand is Rising in APAC Request Free Sample

The market is experiencing steady growth, particularly in North America, driven by the increasing adoption of Bring Your Own Device (BYOD) policies and robust IT infrastructure in advanced economies like the US. This region is home to numerous start-ups and e-textbook rental service providers, contributing significantly to the market's expansion. The higher education segment, which includes institutions offering distance learning courses, is witnessing a surge in

Comprehensive Airbnb dataset for Greater Brisbane, Australia providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

Comprehensive Airbnb dataset for Gold Coast City, Australia providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

Comprehensive Airbnb dataset for Sydney, Australia providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

The rent price index in Australia in the first quarter of 2025 was *****, marking an increase from the same quarter of the previous year. Rent prices had decreased in 2020; in Melbourne and Sydney, this was mainly attributed to the absence of international students during the coronavirus outbreak. The current state of the rental market in Australia The rental market in Australia has been marked by varying conditions across different regions. Among the capital cities, Sydney has long been recognized for having some of the highest average rents. As of March 2025, the average weekly rent for a house in Sydney was *** Australian dollars, which was the highest average rent across all major cities in Australia that year. Furthermore, due to factors like population growth and housing demand, regional areas have also seen noticeable increases in rental prices. For instance, households in the non-metropolitan area of New South Wales’ expenditure on rent was around ** percent of their household income in the year ending June 2024. Housing affordability in Australia Housing affordability remains a significant challenge in Australia, contributing to a trend where many individuals and families rent for prolonged periods. The underlying cause of this issue is the ongoing disparity between household wages and housing costs, especially in large cities. While renting offers several advantages, it is worth noting that the associated costs may not always align with the expectation of affordability. Approximately one-third of participants in a recent survey stated that they pay between ** and ** percent of their monthly income on rent. Recent government initiatives, such as the 2024 Help to Buy scheme, aim to make it easier for people across Australia to get onto the property ladder. Still, the multifaceted nature of Australia’s housing affordability problem requires continued efforts to strike a balance between market dynamics and the need for accessible housing options for Australians.

A survey conducted in November 2024 revealed that housing costs related to mortgage interest rate movements and the cost of rent were the leading financial concern among Australian consumers, at around 25 percent of respondents. Grocery prices were the next most prevalent cause of financial worries among those surveyed.

Australian Property Market Insights Dataset: Historical affordability metrics, cash rate impact on lending, supply vs demand analysis, property metrics, first home buyer trends, and lending risk assessment. Official data from ABS, APRA, and RBA (2014-present).