Australia Residential Construction Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Residential Construction in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The residential construction market is defined as the value of work put in place annually for residential buildings. Market value is defined in general as the total output value of construction activity in any given time period, including costs related to construction materials, equipment and services for new construction, refurbishment, repair and maintenance and demolition. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The Australian residential construction market had total revenues of $52.3bn in 2021, representing a compound annual growth rate (CAGR) of -1.3% between 2016 and 2021.
- The new construction segment was the market's most lucrative in 2021, with total revenues of $37.2bn, equivalent to 71.1% of the market's overall value.
- The residential construction market is one of the largest employers in Australia and accounts for around 10% of the total workforce.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in Australia
- Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia residential construction market with five year forecasts
- What was the size of the Australia residential construction market by value in 2021?
- What will be the size of the Australia residential construction market in 2026?
- What factors are affecting the strength of competition in the Australia residential construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's residential construction market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who were the leading players in 2021?
- 7.2. What government schemes are currently in place that affect the industry?
- 7.3. Which players were behind the biggest recent projects?
- 8 Company Profiles
- 8.1. Metricon Homes Pty Ltd
- 8.2. J Hutchinson Pty Ltd
- 8.3. Brookfield Australia Investments Ltd
- 8.4. GJ Gardner Homes
- 8.5. McDonald Jones Homes Pty Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Australia residential construction sector value: $ million, 2017-21
- Table 2: Australia residential construction sector category segmentation: % share, by value, 2017-2021
- Table 3: Australia residential construction sector category segmentation: $ million, 2017-2021
- Table 4: Australia residential construction sector geography segmentation: $ million, 2021
- Table 5: Australia residential construction sector value forecast: $ million, 2021-26
- Table 6: Metricon Homes Pty Ltd: key facts
- Table 7: Metricon Homes Pty Ltd: Key Employees
- Table 8: J Hutchinson Pty Ltd: key facts
- Table 9: J Hutchinson Pty Ltd: Key Employees
- Table 10: Brookfield Australia Investments Ltd: key facts
- Table 11: Brookfield Australia Investments Ltd: Key Employees
- Table 12: Brookfield Australia Investments Ltd: Key Employees Continued
- Table 13: Brookfield Australia Investments Ltd: Key Employees Continued
- Table 14: Brookfield Australia Investments Ltd: Key Employees Continued
- Table 15: GJ Gardner Homes: key facts
- Table 16: GJ Gardner Homes: Key Employees
- Table 17: McDonald Jones Homes Pty Ltd: key facts
- Table 18: McDonald Jones Homes Pty Ltd: Key Employees
- Table 19: Australia size of population (million), 2017-21
- Table 20: Australia gdp (constant 2005 prices, $ billion), 2017-21
- Table 21: Australia gdp (current prices, $ billion), 2017-21
- Table 22: Australia inflation, 2017-21
- Table 23: Australia consumer price index (absolute), 2017-21
- Table 24: Australia exchange rate, 2017-21
- List of Figures
- Figure 1: Australia residential construction sector value: $ million, 2017-21
- Figure 2: Australia residential construction sector category segmentation: $ million, 2017-2021
- Figure 3: Australia residential construction sector geography segmentation: % share, by value, 2021
- Figure 4: Australia residential construction sector value forecast: $ million, 2021-26
- Figure 5: Forces driving competition in the residential construction sector in Australia, 2021
- Figure 6: Drivers of buyer power in the residential construction sector in Australia, 2021
- Figure 7: Drivers of supplier power in the residential construction sector in Australia, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in Australia, 2021
- Figure 9: Factors influencing the threat of substitutes in the residential construction sector in Australia, 2021
- Figure 10: Drivers of degree of rivalry in the residential construction sector in Australia, 2021
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