Overview

The bigger they are: Current year revenue set to collapse after project completions

IBISWorld’s Multi-Unit Apartment and Townhouse Construction market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

For many Australians, the dream of home ownership is shifting from the idea of a detached home in the suburbs to inner-city multi-unit apartments and townhouses. Such apartments and townhouses suit smaller households, offer an urban lifestyle and help owners avoid the high costs of residential land. The Multi-Unit Apartment and Townhouse Construction industry constructs a range of residential buildings, including suburban flats, military barracks and designer retirement communities. The industry is largely made up of small- to medium-scale contracting firms. There are also several large-scale contractors such as LendLease, which are capable of working on high-profile apartment developments like the new Barangaroo development in Sydney...

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Industry Report - Industry Locations Chapter

The spread of industry activity does not correspond to the distribution of the national population. This is 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 (e.g. inner-urban areas and tourist regions) and household size is smaller (e.g. retirement areas). The value of apartment construction in each state and territory fluctuates 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 one development to comprise as many as 250 units.

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Industry Products

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

Industry firms primarily 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 performs alterations, additions, general renovations and repairs to multi-unit apartment buildings, and includes firms that organise or manage multi-unit apartment construction.

Industry Products
Inner-city multistorey apartment complexes
Inner-city villas and townhouses
Suburban and rural apartment blocks or units
Tourist or retirement units
Refurbishment or conversion of existing buildings
Repair and maintenance of existing buildings
Industry Activities
Multi-unit apartment building construction
Duplex house construction
Flat construction
High-rise flat construction
Home unit construction
Project management of multi-unit apartment and townhouse construction
Repair or renovation of residential buildings
Semi-detached housing construction

Table of Contents

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 Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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