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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 2030 (Q1 2026)

Publisher GlobalData
Published Mar 31, 2026
Length 116 Pages
SKU # GBDT21175700

Description

Australia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (Q1 2026)

Summary

GlobalData estimates the Australian construction industry will grow in real terms by 3.7% in 2026, supported by an increase in dwelling approvals, along with a rise in housing loans. According to the Australian Bureau of Statistics (ABS), the total number of dwelling units approved grew by 12.2% year on year (YoY) in 2025, following annual growth of 6.1% in 2024. Moreover, the total value of new housing loan commitments grew by 14.9% in 2025, after rising by 20.2% in 2024. In February 2026, the government announced an investment of AUD30 billion ($19.3 billion) for the submarine construction yard and related facilities and services across an area of 75ha in Adelaide. The project will be constructed in multiple phases, with phase one worth AUD5 billion ($3.2 billion) and phase two worth approximately AUD8 billion ($5.2 billion); construction of areas one and two is expected to be completed by mid-2030. Moreover, in January 2026, the Queensland government approved AUD1.1 billion ($702.5 million) for the construction of 15 new schools in the region. One of the school projects will be constructed in two phases to accommodate 1,500 students. Construction work is expected to start in mid-2026. However, rising insolvencies, along with halted construction projects due to government-related constraints, are likely to limit growth in the construction industry in the short to medium term. For instance, construction work on the AUD3.1 billion ($2 billion) M6 motorway project in Southern Sydney was halted as of early March 2026 due to government mismanagement and inefficiency in project oversight.

GlobalData expects the Australian construction industry to grow at an average annual rate of 3.2% from 2027 to 2030, supported by public and private sector investments in transport, housing, and renewable energy projects, in line with the government’s plan to raise the share of renewables to 82% by 2030, compared to 2005 levels. In line with this, local mining company Fortescue plans to deploy 2-3GW of renewable energy generation and battery storage, including a portfolio of wind and solar projects across the Pilbara by 2030. In addition, the Goyder battery project, which includes the construction of a 900MW solar facility and a 3.6GWh Battery Energy Storage System (BESS) in Burra, is expected to be completed by 2029. As outlined in the Draft 2026 Integrated System Plan prepared by the government-owned energy service provider, the Australian Energy Market Operator, the analysis indicates that meeting existing demand by 2050 will require a significant expansion of the national energy system.

GlobalData’s Construction in Australia - Key Trends and Opportunities by State and Territory to 2030 (Q1 2026) 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 (2021-2025) and forecast (2026-2030) 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

116 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), 2021–30
Table 4: Australia, Top Commercial Construction Projects by Value
Table 5: Australia, Industrial Construction Output by Project Type (Real % Change), 2021–30
Table 6: Australia, Top Industrial Construction Projects by Value
Table 7: Australia, Infrastructure Construction Output by Project Type (Real % Change), 2021–30
Table 8: Australia, Top Infrastructure Construction Projects by Value
Table 9: Australia, Energy and Utilities Construction Output by Project Type (Real % Change), 2021–30
Table 10: Australia, Top Energy and Utilities Construction Projects by Value
Table 11: Australia, Institutional Construction Output by Project Type (Real % Change), 2021–30
Table 12: Australia, Top Institutional Construction Projects by Value
Table 13: Australia, Residential Construction Output by Project Type (Real % Change), 2021–30
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: GlobalData Market Definitions
Table 37: Ratings, Scores and Definitions
List of Figures
Figure 1: Australasia, Construction Output (Real % Change), 2024–30
Figure 2: Australia, Construction Output by Sector (Real % Change), 2024–26 and 2027–30
Figure 3: Australia, Risk Summary
Figure 4: Australia, Risk Regional Comparison
Figure 5: Australia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021–30
Figure 6: Australia, Construction Output Value, by Sector (Real, $ Million), 2021–30
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), 2021–30
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), 2021–30
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), 2021–30
Figure 24: Australia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 25: Australia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021–30
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), 2021–30
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), 2021–30
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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