Multi-Unit Apartment and Townhouse Construction in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Multi-Unit Apartment and Townhouse Construction Market Research Report | ANZSIC E3019 | Aug 2015

City living: Industry revenue is growing due to a shift towards inner-urban living

IBISWorld’s Multi-Unit Apartment and Townhouse Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Australian dream of home ownership is increasingly shifting to focus on multi-unit apartments and townhouses, which offer inner-city lifestyles, suit smaller households and avoid the high costs of residential land. The industry constructs buildings that range from suburban flats to military barracks and designer retirement communities.

The Multi-Unit Apartments and Townhouse industry has displayed an unprecedented level of activity since the late 2000s, with the number of multi-unit commencements climbing to a record peak at an estimated 95,195 dwelling units in 2014-15. Over the five years through 2015-16, industry revenue is projected to climb by an annualised 4.6%, to total $18.2 billion, despite contracting by 15.9%... purchase to read more

Industry Report - Industry Locations Chapter

The geographic distribution of industry activity does not uniformly correspond to that of population distribution due to differences in topography, land values, demographic factors and consumer preferences. The preference for higher density dwellings is strongest in areas where land values are high such as inner-urban areas and tourist regions, and in areas where household size is lower (e.g. retirement areas).

The value of apartment construction in each state and territory fluctuates widely in response to local market conditions (vacancy rates) and the start and completion dates of large-scale projects. In the larger cities and on the Gold Coast, it is common for projects to exceed 250 units in the one development... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Multi-Unit Apartment and Townhouse Construction Industry?

The industry consists of establishments that construct multi-unit apartments and townhouses (such as flats, apartments and condominiums). The industry excludes construction of commercial or public buildings such as factories, office buildings, hostels, hotels and hospitals. The industry also includes establishments that make alterations, additions, general renovation or repairs to such buildings, or those that organise or manage multi-unit construction.

Industry Products
Inner-city multistorey apartment complexesInner-city villas and townhousesSuburban and rural apartment blocks or unitsTourist or retirement unitsRefurbishment or conversion of existing buildingsRepair and maintenance of existing buildings
Industry Activities
Apartment building constructionDuplex house constructionFlat constructionHigh-rise flat constructionHome unit constructionProject management of multi-unit apartment and townhouse constructionRepair or renovation of residential buildingsSemi-detached housing construction

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