Multi-Unit Apartment and Townhouse Construction in Australia - Industry Market Research Report
Description
Multi-Unit Apartment and Townhouse Construction in Australia
The Multi-Unit Apartment and Townhouse Construction industry has benefited from a long-term shift in dwelling preferences away from traditional single-unit houses towards higher density apartment and townhouse construction. A surge in single-unit house construction under the Federal Government's HomeBuilder stimulus, along with adverse trends in multi-unit dwelling investment, has reversed this trend in recent years. Revenue has been decreasing at an annualised 6.8% over the past five years and is expected to total $43.6 billion in 2022-23, when revenue is estimated to inch upwards by 0.9% as the economy gradually recovers from the pandemic.
Industry firms primarily construct multi-unit apartment and townhouse buildings, like flats, apartments and condominiums. The industry excludes commercial or public building construction, like factories, office buildings, hostels, hotels and hospitals. Industry firms also perform alterations, additions, general renovations and repairs to multi-unit residential buildings. The industry includes firms that organise or manage multi-unit apartment and townhouse construction.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
The Multi-Unit Apartment and Townhouse Construction industry has benefited from a long-term shift in dwelling preferences away from traditional single-unit houses towards higher density apartment and townhouse construction. A surge in single-unit house construction under the Federal Government's HomeBuilder stimulus, along with adverse trends in multi-unit dwelling investment, has reversed this trend in recent years. Revenue has been decreasing at an annualised 6.8% over the past five years and is expected to total $43.6 billion in 2022-23, when revenue is estimated to inch upwards by 0.9% as the economy gradually recovers from the pandemic.
Industry firms primarily construct multi-unit apartment and townhouse buildings, like flats, apartments and condominiums. The industry excludes commercial or public building construction, like factories, office buildings, hostels, hotels and hospitals. Industry firms also perform alterations, additions, general renovations and repairs to multi-unit residential buildings. The industry includes firms that organise or manage multi-unit apartment and townhouse construction.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Table of Contents
47 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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