SEARCH   
MEMBER LOGIN    

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 | Dec 2015

Multiplying: Strong population growth and increased foreign investment boosts demand

The Multi-Unit Apartment and Townhouse Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 11-16
6.0%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
23,750
Businesses
14,000
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 ranging 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 commencements surging to a record peak in 2014-15, at more than double the level of the low in 2008-09. Industry revenue is projected to increase by an annualised 6.0% over the five years through 2015-16, to total $19.5 billion, despite contracting by 6.3%... purchase to read more

Industry Report - Industry Key Buyers Chapter

Despite the existence of several large-scale firms, the industry has a low concentration of ownership. The four largest firms account for an estimated 17.1% of industry revenue in 2015-16. The market share held by these firms is expected to increase over time as the focus of industry activity shifts to large-scale developments, often including equity involvement, which can only be accessed by the large players.

Contrary to the traditional housing construction industry, a relatively high proportion of industry activity is undertaken by medium- to large-scale operators such as Brookfield Multiplex (BHCA), Meriton Apartments, Hickory Group and Lend Lease Group. These enterprises principally operate in the non-residential building and engineering construction sectors... 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 multi-unit apartment 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


View Sample
Quote
Select Clients