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Residential Property Operators in Australia

Published by: IBISWorld

Published: Feb. 17, 2004 - 36 Pages


Table of Contents


Definition
Key Statistics
Market Characteristics
Industry Segmentation
Industry Conditions
Performance
Industry Participants
Key Factors
Industry Outlook

Abstract

This Class consists of units mainly engaged in renting or leasing their own or leased residential properties (including space in such properties) or dwellings (other than holiday houses or flats) to others. The activity of owner occupiers renting or leasing their own dwellings to themselves is treated as a business activity in the national accounts. (Accordingly this class includes, for the purposes of national accounts, the imputed or notional property owning units from which the owner occupiers of dwellings rent or lease their dwellings.)

The Industry L7711 - Residential Property Operators in Australia ranks 40 out of 496 by industry turnover and its life cycle is in a mature phase, which means that the industry is generally growing at at the same rate as the economy.

Capital/labour intensity is high and the uptake of new technology is low. The industry's globalisation level is low and the trend is steady.

The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.

The trend for exports is steady and for imports it's steady. The level of regulation is medium and increasing and government assistance is medium and steady.

This industry is forecast to have a static average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!

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