In June 2022, it was estimated that around 7.3 percent of Australians were aged between 25 and 29, and the same applied to people aged between 30 and 34. All in all, about 55 percent of Australia’s population was aged 35 years or older as of June 2022. At the same time, the age distribution of the country also shows that the share of children under 14 years old was still higher than that of people over 65 years old. A breakdown of Australia’s population growth Australia is the sixth-largest country in the world, yet with a population of around 26 million inhabitants, it is only sparsely populated. Since the 1970s, the population growth of Australia has remained fairly constant. While there was a slight rise in the Australian death rate in 2022, the birth rate of the country decreased after a slight rise in the previous year. The fact that the birth rate is almost double the size of its death rate gives the country one of the highest natural population growth rates of any high-income country.
National distribution of the population Australia’s population is expected to surpass 28 million people by 2028. The majority of its inhabitants live in the major cities. The most populated states are New South Wales, Victoria, and Queensland. Together, they account for over 75 percent of the population in Australia.

Transport for NSW provides projections of population and dwellings at the small area (Travel Zone or TZ) level for NSW. The latest version is Travel Zone Projections 2024 (TZP24), released in January 2025.

TZP24 replaces the previously published TZP22.

The projections are developed to support a strategic view of NSW and are aligned with the NSW Government Common Planning Assumptions.

The TZP24 Population & Dwellings Projections dataset covers the following variables:

• Estimated Resident Population

• Structural Private Dwellings (Regional NSW only)

• Population in Occupied Private Dwellings, by 5-year Age categories & by Sex

• Population in Non-Private Dwellings

The projections in this release, TZP24, are presented annually from 2021 to 2031 and 5-yearly from 2031 to 2066, and are in TZ21 geography.

Please note, TZP24 is based on best available data as at early 2024, and the projections incorporate results of the National Census conducted by the ABS in August 2021.

Key Data Inputs used in TZP24:

• 2024 NSW Population Projections – NSW Department of Planning, Housing & Infrastructure

• 2021 Census data - Australian Bureau of Statistics (including dwellings by occupancy, total dwellings by Mesh Block, household sizes, private dwellings by occupancy, population age and gender, persons by place of usual residence)

For a summary of the TZP24 projection method please refer to the TZP24 Factsheet.

For more detail on the projection process please refer to the TZP24 Technical Guide.

Additional land use information for workforce and employment as well as Travel Zone 2021 boundaries for NSW (TZ21) and concordance files are also available for download on the Open Data Hub.

Visualisations of the population projections are available on the Transport for NSW Website under Data and research/Reference Information.

Cautions

The TZP24 dataset represents one view of the future aligned with the NSW Government Common Planning Assumptions and population and employment projections.

The projections are not based on specific assumptions about future new transport infrastructure but do take into account known land-use developments underway or planned, and strategic plans.

• TZP24 is a strategic state-wide dataset and caution should be exercised when considering results at detailed breakdowns.

• The TZP24 outputs represent a point in time set of projections (as at early 2024).

• The projections are not government targets.

• Travel Zone (TZ) level outputs are projections only and should be used as a guide. As with all small area data, aggregating of travel zone projections to higher geographies leads to more robust results.

• As a general rule, TZ-level projections are illustrative of a possible future only.

• More specific advice about data reliability for the specific variables projected is provided in the “Read Me” page of the Excel format summary spreadsheets on the TfNSW Open Data Hub.

• Caution is advised when comparing TZP24 with the previous set of projections (TZP22) due to addition of new data sources for the most recent years, and adjustments to methodology.

Further cautions and notes can be found in the TZP24 Technical Guide

Important note:

The Department of Planning, Housing & Infrastructure (DPHI) published the 2024 NSW Population Projections in November 2024. As per DPHI’s published projections, the following variables are excluded from the published TZP24 Population and Dwellings Projections:

• Structural Private Dwellings for Travel Zones in 43 councils across Greater Sydney, Illawarra-Shoalhaven, Central Coast, Lower Hunter and Greater Newcastle

• Occupied Private Dwellings for Travel Zones in NSW.

Furthermore, in TZP24, the Structural Private Dwellings variable aligns with the 2024 Implied Dwelling projections while the Occupied Private Dwellings variable aligns with the 2024 Households projections at SA2 level prepared by DPHI.

The above variables are available upon request by contacting model.selection@transport.nsw.gov.au - Attention Place Forecasting.

Humans have been living on the continent of Australia (name derived from "Terra Australis"; Latin for "the southern land") for approximately 65,000 years, however population growth was relatively slow until the nineteenth century. Europeans had made some contact with Australia as early as 1606, however there was no significant attempt at settlement until the late eighteenth century. By 1800, the population of Australia was approximately 350,000 people, and the majority of these were Indigenous Australians. As colonization progressed the number of ethnic Europeans increased while the Australian Aboriginal population was decimated through conflict, smallpox and other diseases, with some communities being exterminated completely, such as Aboriginal Tasmanians. Mass migration from Britain and China After the loss of its American colonies in the 1780s, the British Empire looked to other parts of the globe to expand its sphere of influence. In Australia, the first colonies were established in Sydney, Tasmania and Western Australia. Many of these were penal colonies which became home to approximately 164,000 British and Irish convicts who were transported to Australia between 1788 and 1868. As the decades progressed, expansion into the interior intensified, and the entire country was claimed by Britain in 1826. Inland colonization led to further conflict between European settlers and indigenous Australians, which cost the lives of thousands of natives. Inward expansion also saw the discovery of many natural resources, and most notably led to the gold rushes of the 1850s, which attracted substantial numbers of Chinese migrants to Australia. This mass migration from non-European countries eventually led to some restrictive policies being introduced, culminating with the White Australia Policy of 1901, which cemented ethnic-European dominance in Australian politics and society. These policies were not retracted until the second half of the 1900s. Independent Australia Australia changed its status to a British dominion in 1901, and eventually became independent in 1931. Despite this, Australia has remained a part of the British Commonwealth, and Australian forces (ANZAC) fought with the British and their Allies in both World Wars, and were instrumental in campaigns such as Gallipoli in WWI, and the South West Pacific Theater in WWII. The aftermath of both wars had a significant impact on the Australian population, with approximately 90 thousand deaths in both world wars combined, as well as 15 thousand deaths as a result of the Spanish flu pandemic following WWI, although Australia experienced a significant baby boom following the Second World War. In the past fifty years, Australia has promoted immigration from all over the world, and now has one of the strongest economies and highest living standards in the world, with a population that has grown to over 25 million people in 2020.

Sydney is a city with a population of 4,255,212 and lies in the 1500-3000 (Medium) density category. The city has an area of 1662.71 km² with a total green space of 41% and a tree coverage of 34%. The city lies in the South Temperate Zone of the world. The city has improved its Percentage of urban area covered by trees when compared to Global Average and also improved its Urban green space per capita when compared to previous year. Kudos to Sydney for being the top ranker within East, Southeast Asia and Oceania.

This map shows population and land use in Sydney and the County of Cumberland. It was prepared by the Department of Main Roads.

The scale is 1 mile = 1 inch. The map is in two parts.


(SR Map Nos.52693-94). 2 sheets.

Note:
This description is extracted from Concise Guide to the State Archives of New South Wales, 3rd Edition 2000.

As of October 2024, around ****** Japanese residents lived in Sydney, marking ***** consecutive years of growth. Australia was one of the countries with the highest number of Japanese residents.

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As of 2024, there were a total of over *** thousand Indians living in Australia. Out of this population, ****** belonged to the Persons of Indian Origin category.

Due to Australia’s size and relatively low population density, domestic travel for a holiday, business, or visiting family and friends often involves long hours of driving or a domestic airline flight. Nevertheless, in the year ended December 2024, Australians spent millions of nights away from home on domestic travel trips, with the strongest accommodation preference being staying with friends or relatives. The second most popular choice of accommodation was at a hotel, resort, motel, or motor inn. Urban centers and surfing spots dominate While Australians enjoy diverse accommodation options, their choice of destinations focuses on major cities and beloved coastal areas. Sydney emerged as the top destination for domestic overnight visitors in 2024, attracting over **** million people. Melbourne and Brisbane also proved popular, along with renowned beach and surfing locations along New South Wales' North and South Coast. Interestingly, Melbourne outpaced Sydney in terms of visitor expenditure, with domestic overnight tourists spending over **** billion Australian dollars in the Victorian capital compared to **** billion in Sydney. Domestic travel motivations The primary motivation for domestic overnight travel in Australia was to go on holiday, accounting for almost ** million trips in 2024. The city of Melbourne snatched Sydney's crown for the second year running as the most popular holiday or leisure destination, with Sydney the previous winner in 2022. Visiting family or friends was the next most common reason for domestic overnight travel, with around ** million trips taken. Business trips came in third, followed by uncategorized visit purposes.

The University and Other Higher Education industry is grappling with the post-pandemic landscape. The COVID-19 outbreak significantly shifted the industry's demand and delivery methods. Social distancing requirements and operational constraints caused most universities to pivot online. Remote learning has remained embedded into teaching post-pandemic, providing convenience for students and profitability benefits for universities. A heightened focus on research during the pandemic offset revenue lost from declines in tuition fees. This trend has been slowing and is under additional threat from a US Government that appears intent on reducing its funding for foreign-based research, to the detriment of Australian institutions. The industry's labour market has been volatile as the pandemic pushed universities to increasingly casualise their workforces. Controversies over underpayment have led to reputational damage and strikes among major Australian universities. Melbourne University's enforceable agreement with the Fair Work Ombudsman to pay more than $72.0 million to over 25,000 staff highlights the magnitude of these disputes. Economic and demographic factors have aided the industry's post-pandemic recovery despite these pressures. A depreciating Australian dollar has benefited returning international students, while growth in the population of people aged 18 to 25 has bolstered domestic enrolments. Lower secondary school retention rates, slipping during the pandemic, are dampening this growth. Overall, revenue is expected to drop at an annualised 1.9% to an estimated $38.8 billion over the five years through 2024-25. This trend includes a 0.6% drop in revenue anticipated for 2024-25. The outlook for the industry is promising, driven by changing labour market conditions and demographic trends. Stricter visa requirements to control migration will pose challenges. However, the industry will face these constrictions by constructing new student accommodation facilities, allowing institutions to enrol international students beyond their designated cap. The consolidation of the University of Adelaide and the University of South Australia into Adelaide University in 2026 will intensify competition for enrolments, particularly from international students, given its ambitious ranking goals. These factors mean revenue is forecast to climb at an annualised 2.1% to $43.1 billion through the end of 2029-30.

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.

Australia's café and restaurant scene continues to thrive, with New South Wales leading the way with over 19,225 establishments in operation at the end of the 2024 financial year. The second-leading state in terms of the number of cafés and restaurants was Victoria. As Australia's two largest states in terms of population, the concentration of food service establishments in New South Wales and Victoria mirrors Australia's population distribution, reflecting the urban-centric nature of the country's café and restaurant landscape. Gastronomy: a key economic sector In recent years, the number of cafés and restaurants throughout the country has shown relatively consistent growth, exceeding 55,700 in the 2024 financial year, up from approximately 41,570 in 2017. Australia's cafés, restaurants, and takeaway food services turnover experienced steady annual increases for many years up until the start of the COVID-19 pandemic. Nevertheless, since 2021, the industry's revenue has been on the recovery, hitting a record of over 65 billion Australian dollars in 2024. Additionally, food services represent a key source of gross value added to the tourism industry. An added boost from coffee Coffee plays an important role in the Australian food service sector, with the beverage topping the list of regularly consumed drinks among Australians in a 2024 survey. Several international chains like McCafé operate alongside popular domestic coffee franchises, including The Coffee Club, in the country. Alongside this, the country's annual domestic coffee consumption remains robust, consistently exceeding two million sixty-kilogram bags in recent years, underscoring the enduring nature of Australia's coffee culture. Nonetheless, recent cost-of-living pressures have led to a shift in consumer behavior, with more Australians opting to brew their coffee at home.

This statistic shows the share of ethnic groups in Australia in the total population. 33 percent of the total population of Australia are english. Australia’s population Australia’s ethnic diversity can be attributed to their history and location. The country’s colonization from Europeans is a significant reason for the majority of its population being Caucasian. Additionally, being that Australia is one of the most developed countries closest to Eastern Asia; its Asian population comes as no surprise. Australia is one of the world’s most developed countries, often earning recognition as one of the world’s economical leaders. With a more recent economic boom, Australia has become an attractive country for students and workers alike, who seek an opportunity to improve their lifestyle. Over the past decade, Australia’s population has slowly increased and is expected to continue to do so over the next several years. A beautiful landscape, many work opportunities and a high quality of life helped play a role in the country’s development. In 2011, Australia was considered to have one of the highest life expectancies in the world, with the average Australian living to approximately 82 years of age. From an employment standpoint, Australia has maintained a rather low employment rate compared to many other developed countries. After experiencing a significant jump in unemployment in 2009, primarily due to the world economic crisis, Australia has been able to remain stable and slightly increase employment year-over-year.

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Australia Construction Market Size 2025-2029

The australia construction market size is forecast to increase by USD 42.1 billion at a CAGR of 3.5% between 2024 and 2029.

The market is experiencing significant shifts driven by three key factors. Firstly, the mass population shift towards urban cities is fueling a surge in demand for residential and commercial construction projects. This trend is expected to continue as more people move to urban areas in search of employment opportunities and improved infrastructure. Secondly, the adoption of dry construction techniques is gaining momentum in the Australian construction industry. Dry construction methods, such as precast concrete and modular construction, offer numerous advantages, including faster construction times, reduced labor costs, and improved sustainability. As a result, many construction companies are investing in these methods to stay competitive and meet the increasing demand for efficient and cost-effective construction solutions. However, the market is not without its challenges. The rising cost of construction materials is a significant obstacle for construction companies in Australia. Raw materials, such as steel, cement, and timber, have seen significant price increases in recent years due to various factors, including supply chain disruptions and increased demand. This trend is putting pressure on construction companies to find ways to reduce material costs while maintaining quality and efficiency. Additionally, the industry is facing regulatory challenges, with stricter building codes and environmental regulations adding complexity to construction projects and increasing costs. To navigate these challenges, construction companies must focus on innovation, efficiency, and collaboration with suppliers and regulators to find solutions that meet the evolving needs of the market.

What will be the size of the Australia Construction Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The Australian construction market is characterized by a complex regulatory environment and a focus on innovation and sustainability. Construction industry regulations ensure building codes are met, while value engineering and construction cost management help minimize expenses. Sustainable building practices, such as energy efficiency and water conservation, are increasingly prioritized. Construction innovations, including prefabricated structures, automation, drones, and 3D printing, are transforming the industry. Construction risk analysis is crucial for project completion and scheduling, with safety regulations and quality assurance essential for workforce development. Construction equipment parts and repair, as well as heavy equipment rental, are key components of project risk assessment and cost management. The skills gap in the construction workforce is a significant challenge, with AI and modular construction offering potential solutions. Construction insurance claims and project risk assessment are integral to managing unexpected events and ensuring building performance. Construction labor shortages necessitate continuous workforce development and the adoption of new technologies.

How is this market segmented?

The market 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. SectorBuilding constructionInfrastructure constructionIndustrial constructionEnd-userEngineeringResidentialNon-residentialTypeNew constructionRedevelopmentGeographyAPACAustralia

By Sector Insights

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

The construction industry in Australia is marked by significant growth in both residential and commercial sectors. With an increasing population of 26.05 million people in 2022, according to World Bank Data, the demand for housing, whether single-family homes or multi-unit developments, is on the rise. Cities like Sydney and Melbourne have seen an increase in high-rise apartment projects to cater to the urban population. In commercial construction, the growing business sector fuels the demand for office and retail space. Environmental regulations play a crucial role in the industry, with a focus on sustainable practices and green building. Construction technology advances have led to innovations such as 3D modeling, construction software, and automation in heavy machinery like skid steer loaders and backhoe loaders. Construction safety is a top priority, with worksite safety regulations strictly enforced. Construction projects require substantial investment capital, from construction financing and project bidding to construction c

The Australian used car market, valued at $69.90 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 10.12% from 2025 to 2033. This surge is driven by several factors. Firstly, increasing affordability compared to new vehicles makes used cars a more accessible option for a wider range of buyers, particularly younger demographics and budget-conscious consumers. Secondly, the rising popularity of online marketplaces like Gumtree and Carsales.com.au has streamlined the buying and selling process, boosting market transparency and facilitating quicker transactions. Furthermore, the growing preference for SUVs and multi-purpose vehicles (MPVs) is shaping market segmentation, with these categories experiencing disproportionately high demand. However, challenges exist. Fluctuations in fuel prices and the increasing adoption of electric vehicles (EVs) could influence buyer preferences in the coming years. Moreover, stringent vehicle inspection regulations and concerns regarding vehicle history could act as restraints on market expansion. The market's diverse structure, encompassing organized dealerships alongside informal sales channels, further contributes to its dynamic nature. Organized dealerships benefit from established reputations and warranties, while the unorganized sector offers potentially lower prices. The market's regional distribution likely mirrors Australia's population density, with major cities like Sydney and Melbourne contributing significantly to overall sales. While precise regional breakdowns are unavailable, the provided global regional segmentation suggests a concentration within Australia's urban centers. Future growth will depend on managing the evolving landscape of consumer preferences, addressing concerns regarding vehicle quality and transparency, and adapting to the ongoing transition towards sustainable mobility solutions. Further research into specific vehicle types, online versus offline sales channels, and regional variations within Australia would provide more granular insights into the market's intricacies and growth potential. The ongoing influence of economic factors like interest rates and consumer confidence will play a crucial role in shaping the market's trajectory in the coming years. This report provides a detailed analysis of the Australian used car market, encompassing historical data (2019-2024), current estimations (2025), and future forecasts (2025-2033). It offers invaluable insights for businesses and investors navigating this dynamic sector. With a focus on key segments like petrol, diesel, and electric vehicles, the report leverages high-search-volume keywords such as "used cars Australia," "second hand car market Australia," "pre-owned car prices Australia," and "Australian used car industry report" to maximize online visibility. Recent developments include: March 2023: Hyundai Australia announced that it has begun selling used Ioniq 5 models on its company’s website, beginning with 23 vehicles initially., May 2023: Sojitz Corporation acquired full ownership of Albert Automotive Holdings Pty Ltd, which operates a wholesale and retail used car business as part of Dutton Group.. Key drivers for this market are: Quality Assurance is Driving Market Growth in the Country. Potential restraints include: Trust and Transparency in Used Car Remained a Key Challenge for Consumers. Notable trends are: The Online Sales Channel Segment is Expected to be the Fastest Growing Segment Between 2024 and 2029.

Migrants from the United Kingdom have long been Australia’s primary immigrant group and in 2023 there were roughly 960 thousand English-born people living in Australia. India and China held second and third place respectively with regard to Australia’s foreign-born population. The relative dominance of Asian countries in the list of top ten foreign-born residents of Australia represents a significant shift in Australia’s immigration patterns over the past few decades. Where European-born migrants had previously overshadowed other migrant groups, Australian migration figures are now showing greater migration numbers from neighboring countries in Asia and the Pacific. A history of migration Australia is often referred to as an ‘immigrant nation’, alongside the United States, Canada, and New Zealand. Before the Second World War, migrants to Australia were almost exclusively from the UK, however after 1945, Australia’s immigration policy was broadened to attract economic migrants and temporary skilled migrants. These policy changes saw and increase in immigrants particularly from Greece and Italy. Today, Australia maintains its status as an ‘’Immigrant nation’’, with almost 30 percent of the population born overseas and around 50 percent of the population having both that were born overseas. Australian visas The Australian immigration program has two main categories of visa, permanent and temporary. The permanent visa category offers three primary pathways: skilled, family and humanitarian. The skilled visa category is by far the most common, with more than a million permanent migrants living in Australia on this visa category at the last Australian census in 2021. Of the temporary visa categories, the higher education visa is the most popular, exceeding 180 thousand arrivals in 2023.

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.

In 2024, Sydney had the highest price per square meter of land across major cities in Australia. Lot buyers expected to pay a premium of ***** Australian dollars per square meter in the capital of New South Wales. Conversely, lot buyers in Adelaide expected to spend around *** Australian dollars per square meter of land. Prices through the roof Over the past decade, the surge in land and housing costs has been attributed to rapid population growth, driving up median prices for property and land, particularly in cities. In Sydney, the per square meter price of land has almost tripled since 2010, while the number of new property listings has declined over the years. A shortage of residential land available to build on has exacerbated the housing affordability crisis in Australia. Will lending rates continue to climb? The homeownership dream is out of reach for the average Australian without a housing loan. Nevertheless, Australia's high mortgage interest rates for both owner-occupiers and investors have impacted current and aspiring mortgage holders, with the value of household lending trending downwards over the past two years. While rates remained high in the first half of 2024, they likely reached their peak, as shown by the gradual plateau in the second half of the year. This stabilization should, in turn, accelerate buying, selling, and lending activities.

The gross domestic product (GDP) per capita in Australia amounted to 65,530 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 54,520 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 13,730 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).