Summary
Real Estate in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Real estate refers to physical property and consists of land and buildings. The market scope includes renting and leasing various types of real estate properties. Market volume refers to the total number of properties that are rented or leased. It does not encompass properties sold by real estate brokers or agents, nor does it include land sales, whether for rent or full purchase. The scope of market volume also excludes unoccupied properties. Market value refers to the revenue generated from renting and leasing properties.
- The Australian real estate industry recorded revenues of $150.4 billion in 2024, representing a compound annual growth rate (CAGR) of 4.8% between 2019 and 2024.
- Industry consumption volume increased with a CAGR of 2.1% between 2019 and 2024, reaching a total of 5.9 million units in 2024.
- Australia captured a share of 4.1% in the Asia-Pacific real estate industry in 2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the real estate market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the real estate market in Australia
- Leading company profiles reveal details of key real estate market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia real estate market with five year forecasts
Reasons to Buy
- What was the size of the Australia real estate market by value in 2024?
- What will be the size of the Australia real estate market in 2029?
- What factors are affecting the strength of competition in the Australia real estate market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's real estate market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. Have there been any recent developments in the industry?
8 Company Profiles
8.1. Lendlease Corp Ltd
8.2. Mirvac Group
8.3. Grocon Pty Ltd
8.4. Meriton Apartments Pty Ltd.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Australia real estate market value: $ million, 2019-24
Table 2: Australia real estate market volume: thousand Units, 2019-24
Table 3: Australia real estate market category segmentation: % share, by value, 2019-24
Table 4: Australia real estate market category segmentation: $ million, 2019-24
Table 5: Australia real estate market geography segmentation: $ million, 2024
Table 6: Australia real estate market value forecast: $ million, 2024-29
Table 7: Australia real estate market volume forecast: thousand Units, 2024-29
Table 8: Lendlease Corp Ltd: Key Facts
Table 9: Lendlease Corp Ltd: Annual Financial Ratios
Table 10: Lendlease Corp Ltd: Key Employees
Table 11: Mirvac Group: Key Facts
Table 12: Mirvac Group: Annual Financial Ratios
Table 13: Mirvac Group: Key Employees
Table 14: Grocon Pty Ltd: Key Facts
Table 15: Grocon Pty Ltd: Key Employees
Table 16: Meriton Apartments Pty Ltd.: Key Facts
Table 17: Meriton Apartments Pty Ltd.: Key Employees
Table 18: Australia Size of Population (Million), 2020-24
Table 19: Australia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Australia GDP (Current Prices, $ Billion), 2020-24
Table 21: Australia Inflation, 2020-24
Table 22: Australia Consumer Price Index (Absolute), 2020-24
Table 23: Australia Exchange Rate, 2019-24
List of Figures
Figure 1: Australia real estate market value: $ million, 2019-24
Figure 2: Australia real estate market volume: thousand Units, 2019-24
Figure 3: Australia real estate market category segmentation: $ million, 2019-24
Figure 4: Australia real estate market geography segmentation: % share, by value, 2024
Figure 5: Australia real estate market value forecast: $ million, 2024-29
Figure 6: Australia real estate market volume forecast: thousand Units, 2024-29
Figure 7: Forces driving competition in the real estate market in Australia, 2024
Figure 8: Drivers of buyer power in the real estate market in Australia, 2024
Figure 9: Drivers of supplier power in the real estate market in Australia, 2024
Figure 10: Factors influencing the likelihood of new entrants in the real estate market in Australia, 2024
Figure 11: Factors influencing the threat of substitutes in the real estate market in Australia, 2024
Figure 12: Drivers of degree of rivalry in the real estate market in Australia, 2024