Residential Property Operators in Australia - Industry Market Research Report

Residential Property Operators in Australia - Industry Market Research Report

Residential Property Operators in Australia

The Residential Property Operators industry involves renting or leasing out residential property. The number of households that do not own residential property – and therefore need to rent it from landlords – is the main driver of industry demand. Recently, the industry's performance has diminished, as high vacancy rates, eviction moratoriums during the COVID-19 pandemic and lower residential property yields have negatively affected property operators. Overall, industry revenue has slipped by 0.3% over the five years to 2022-23, to $54.1 billion. This trend includes a rise of 3.7% in 2022-23, as revenue recovers thanks to pandemic restrictions easing and borders reopening.

Residential property operators rent or lease out residential properties. The industry includes owner-lessors and those that sublease. The industry excludes owner-occupiers that rent or lease their own dwellings to themselves (imputed rent).

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."