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Australia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q4 2025)

Publisher GlobalData
Published Dec 30, 2025
Length 81 Pages
SKU # GBDT20825576

Description

Australia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q4 2025)

Summary

GlobalData estimates the Australian construction industry to grow in real terms by 3.8% in 2025, supported by investments in the transport, housing, manufacturing, and renewable energy projects. According to the Australian Bureau of Statistics (ABS), the total value of construction work done in Australia grew by 3.1% year on year (YoY) in Q3 2025, preceded by YoY growth of 4.3% in Q2 and 3.2% in Q1 2025. Moreover, the construction industry is expected to continue to grow in 2026 supported by investments under the Mid-Year Economic and Fiscal Outlook (MYEFO) for Fiscal Year (FY) 2025-26 (from July 1st 2025, to June 30th 2026), unveiled by the Federal Government in mid-December 2025. General Government expenditure is estimated to increase from AUD785.7 billion ($519.1 billion) as part of Budget for FY2025-26 (released in March 2025) to AUD809.2 billion ($534.7 billion) under MYEFO for FY2025-26, before averaging at AUD856.8 billion ($559.2 billion) from FY2026-27 to FY2028-29.

GlobalData expects the Australian construction industry is expected to grow at an average annual rate of 3.3% from 2026 to 2029, supported by public and private investments in transport, data centers, renewable energy and housing projects. In October 2025, Australian based computer hardware company, Firmus Technologies partnered with Australian data center company, Commonwealth Data Centers (CDC Data Centers) and American technology company, Nvidia for the construction of an Artificial Intelligence (AI) data center each in Adelaide, Canberra, Perth and Sydney. It involves a total cost of AUD73.3 billion ($48.4 billion) with the construction works set to come to an end by 2028. Growth in the industry over the forecast period will also be supported by the Northern Australia Action Plan (2024-29), launched in November 2024, with an investment of AUD30 billion ($19.8 billion), which outlines an aim to improve affordable housing and transport infrastructure in Queensland, Western Australia, and the Northern Territory by 2029.

GlobalData’s Construction in Australia - Key Trends and Opportunities by State and Territory to 2029 (Q4 2025) report provides detailed market analysis, information, and insights into the Australian construction industry, including-
  • The Australian construction industry's growth prospects by market, project type, and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Australian construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope

This report provides a comprehensive analysis of the construction industry in Australia. It provides-
  • Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Australia, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
  • Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts
  • Understand the latest industry and market trends
  • Formulate and validate business strategies using GlobalData's critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors

Table of Contents

81 Pages
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
Outlook
Latest news and developments
Construction Projects Momentum Index
4.2 Commercial Construction
Outlook
Project analytics
Latest news and developments
4.3 Industrial Construction
Outlook
Project analytics
Latest news and developments
4.4 Infrastructure Construction
Outlook
Project analytics
Latest news and developments
4.5 Energy and Utilities Construction
Outlook
Project analytics
Latest news and developments
4.6 Institutional Construction
Outlook
Project analytics
Latest news and developments
4.7 Residential Construction
Outlook
Project analytics
Latest news and developments
5 Construction Outlook – States and Territories
5.1 New South Wales
5.2 Victoria
5.3 Queensland
5.4 South Australia
5.5 Western Australia
5.6 Tasmania
5.7 Northern Territory
5.8 Australian Capital Territory
6 Key Industry Participants
6.1 Contractors
6.2 Consultants
7 Construction Market Data
8 Appendix
8.1 What is this Report About?
8.2 Definitions
8.3 CRI Methodology
9 About GlobalData
10 Contact Us
List of Tables
Table 1: Construction Industry Key Data
Table 2: Australia, Key Economic Indicators
Table 3: Australia, Commercial Construction Output by Project Type (Real % Change), 2020–29
Table 4: Australia, Top Commercial Construction Projects by Value
Table 5: Australia, Industrial Construction Output by Project Type (Real % Change), 2020–29
Table 6: Australia, Top Industrial Construction Projects by Value
Table 7: Australia, Infrastructure Construction Output by Project Type (Real % Change), 2020–29
Table 8: Australia, Top Infrastructure Construction Projects by Value
Table 9: Australia, Energy and Utilities Construction Output by Project Type (Real % Change), 2020–29
Table 10: Australia, Top Energy and Utilities Construction Projects by Value
Table 11: Australia, Institutional Construction Output by Project Type (Real % Change), 2020–29
Table 12: Australia, Top Institutional Construction Projects by Value
Table 13: Australia, Residential Construction Output by Project Type (Real % Change), 2020–29
Table 14: Australia, Top Residential Construction Projects by Value
Table 15: Australia, Key Contractors
Table 16: Australia, Key Consultants
Table 17: Australia, Construction Output Value (Real, $ Million)
Table 18: Australia, Construction Output Value (Nominal, AUD Million)
Table 19: New South Wales, Construction Output Value (Real, $ Million)
Table 20: New South Wales, Construction Output Value (Nominal, AUD Million)
Table 21: Victoria, Construction Output Value (Real, $ Million)
Table 22: Victoria, Construction Output Value (Nominal, AUD Million)
Table 23: Queensland, Construction Output Value (Real, $ Million)
Table 24: Queensland, Construction Output Value (Nominal, AUD Million)
Table 25: South Australia, Construction Output Value (Real, $ Million)
Table 26: South Australia, Construction Output Value (Nominal, AUD Million)
Table 27: Western Australia, Construction Output Value (Real, $ Million)
Table 28: Western Australia, Construction Output Value (Nominal, AUD Million)
Table 29: Tasmania, Construction Output Value (Real, $ Million)
Table 30: Tasmania, Construction Output Value (Nominal, AUD Million)
Table 31: Northern Territory, Construction Output Value (Real, $ Million)
Table 32: Northern Territory, Construction Output Value (Nominal, AUD Million)
Table 33: Australia Capital Territory, Construction Output Value (Real, $ Million)
Table 34: Australia Capital Territory, Construction Output Value (Nominal, AUD Million)
Table 35: GlobalData Construction Market Definitions
Table 36: Risk Dimensions
Table 37: Ratings, Scores and Definitions
List of Figures
Figure 1: Australasia, Construction Output (Real % Change), 2023–29
Figure 2: Australia, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
Figure 3: Australia, Risk Summary
Figure 4: Australia, Risk Regional Comparison
Figure 5: Australia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
Figure 6: Australia, Construction Output Value, by Sector (Real, $ Million), 2020–29
Figure 7: Australia, Total Value of Construction Work Done, AUD Billion Chain Volume Measures
Figure 8: Australia, Total Value of Building Construction Works Done, % Change YoY
Figure 9: Australia, Private Gross Fixed Capital Formation, Seasonally Adjusted Chain Volume Measures (AUD Billion, % Change YoY)
Figure 10: Australia, Construction Industry Jobs, in Thousands
Figure 11: Australia, Construction Wage Price Index, 2008-2009 = 100, Hourly Pay (Excluding Bonuses)
Figure 12: Australia, Construction Projects Momentum Index
Figure 13: Australasia, Construction Projects Momentum Index
Figure 14: Australia, Commercial Construction Output by Project Type (Real, $ Million), 2020–29
Figure 15: Australia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 16: Australia, Nominal Value of Commercial Buildings Approved (AUD Million)
Figure 17: Australia, Short-Term Visitor Arrivals, in Thousands
Figure 18: Australia, Industrial Construction Output by Project Type (Real, $ Million), 2020–29
Figure 19: Australia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 20: Australia, Nominal Value of Buildings Approved for Factories and Other Secondary Production Buildings (AUD Million)
Figure 21: Australia, Total Value of Mineral Exploration (AUD Million)
Figure 22: Australia, Total Exports, Current Prices, (AUD Billion)
Figure 23: Australia, Infrastructure Construction Output by Project Type (Real, $ Million), 2020–29
Figure 24: Australia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 25: Australia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2020–29
Figure 26: Australia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 27: Australia, Total Value of Petroleum Exploration (AUD Million)
Figure 28: Australia, Total Value of Natural Gas Exports (in AUD Million)
Figure 29: Australia, Institutional Construction Output by Project Type (Real, $ Million), 2020–29
Figure 30: Australia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 31: Australia, Institutional Building Approvals (AUD Million)
Figure 32: Australia, Residential Construction Output by Project Type (Real, $ Million), 2020–29
Figure 33: Australia, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 34: Australia, Total New Housing Loan Commitment (AUD Billion)
Figure 35: Australia, Total Value of Residential Building Construction Work Done, AUD Billion in Chain Volume Measures
Figure 36: Australia, Total Number of Dwelling Units Approved
Figure 37: Australia, Value of Owner Occupier First Home Buyer Loan Commitments (% Change YoY)
Figure 38: Australia, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 39: Australia, Headquarters of Key Consultants (% of Total Project Pipeline)

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