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Australia Real Estate Market is Characterized by High Levels of Competition, Sound Lending Standards and Abundance of Real Estate Assets, which are the Major Reason for the Growth of Real Estate Industry: Ken Research

Australia Real Estate Industry Research Report
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Change in the retail industry is driving greater liquidity in the investment market given the need to more proactively manage assets and portfolios. Opportunities are emerging for investors to acquire major retail assets, which historically have not been accessible.

The report titled, “Australia Real Estate Market Outlook to 2023 – By Residential Real Estate Market (Apartment & Villas), By Retail Real Estate Market (Regional, Sub-Regional, Neighborhood, CBD, Large Format Retail and Others), By Office Real Estate (Grade A, Grade B and Premium Offices) and By Hotel Real Estate Market (3 Star, 4 Star, 5 Star and Other Hotels)” by Ken Research observed that introducing green and sustainable buildings, increasing co-working operators, establishing tie-ups between real estate agents and real estate companies, focusing towards affordable housing and increasing the offshore and local investor activities will collectively drive the Australia real estate market demand in the near future along with a CAGR of 2.7% towards residential space in terms of revenue; 4.1% towards retail space in terms of floor space supply and 4.0% towards hotel real estate during the forecast period of 2019-2023 in terms of revenue per available room.

Australia being a stable nation is one of the most preferred countries to live and do business as it offers good education and has a preferable climate. Foreign investors, mainly from China, have largely influenced the market resulting in the increase in the real estate. The real estate market of Australia was majorly affected by the total number of tourists and migrants from local and overseas location due to which the hotel and office real estate sectors showcased a continuing growth. The office sectors were moving to fringe and new developed CBD areas due to the lack of floor space in the city and central business districts. Retail sector was dependent on the residential and commercial sector, out of which the residential segment had a positive but a slow growth rate.

Australia Real Estate Market

Australia used favorable payment scheme and other policies such as depreciation tax scheme for the first time buyers and others, to prevent the market from any downfall. These benefits encouraged the buyers to invest more in real estate to drive up the prices within Australia. The lower demand for residential dwellings and a tightening of lending to investors influenced the price falls in the country as a result, regulators had progressively clamped down risky lending, such as interest-only mortgages.

Co-working spaces are gaining traction in the Australia real estate market. Within a very short span of time, co-working spaces have grown multiple times and now have become one of the leading and the fastest growing lessees of office properties. Technology enterprises and start-ups are the main occupants of co-working spaces within Australia as it was observed that large scale developers and corporate are also shifting towards creating co-working spaces. Easy availability of funds and mass acceptance of these operators is driving the demand for co-working spaces in the country especially in the CBD region of Australia.

The hotel space within Australia real estate industry was witnessed to grow in terms of total room revenue. Major demand driver for the hotel real estate space was tourism which saw a record growth in terms of tourism arrivals in the year 2018. Hotel development in Australia is majorly focused on luxury and upper upscale segments thus, reflecting a higher proportion of mixed use developments. Apart from that, Australia’s boutique and lifestyle hotel market has expanded in the period from 2013 to 2018 with the opening and repositioning properties and the entry of new lifestyle and soft hotel brands.

Key Segments Covered:-

Australia Retail Real Estate Market

By Type:

Regional

Sub-Regional

Neighborhood

CBD

Large Format Retail

Others (Small Retail Stores and Independent Stores)

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Australia Hotel Real Estate Market

By Type:

3 Star Hotels

4 Star Hotels

5 Star Hotels

Others (Less than 3 Star Hotels)

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Australia Office Real Estate Market

By Type:

Grade A Office

Grade B Office

Premium Office

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Australia Residential Real Estate Market

By Type:

Apartments

Villas

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Key Target Audience:-

Real Estate Developers

Independent Investors

Real Estate Consulting Companies

Third Party Real Estate Companies

Independent Architects

Government Associations and Agencies

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019-2023

Companies Covered:-

Metricon Homes Pty Ltd

Dyldam Developments pty limited

Burbank Group

GJ Gardner Homes

Multiplex Group

ABN Group

MJH Group

Stockland Corporation Limited

Frasers Property Australia Pty Ltd

Henley Properties, Australia

Lendlease group, Australia

Probuild Constructions (Australia) Pty Ltd

CPB Contractors

John Holland, Australia

Key Topics Covered in the Report:-

Australia Real Estate Market

Australia Real Estate Market Revenue

Sydney Real Estate Market

Adelaide Real Estate Industry

Tasmania Real Estate Market

Victoria Real Estate Market

Number of Migrants in Australia

Australia Retail Real Estate Market

Australia Hotel Real Estate Market

Australia CBD Real Estate Market

Upcoming Retail Projects Australia

Australia Real Estate Floor Space

Types of Hotels Australia

Melbourne Real Estate Market Size

For more information on the research report, refer to below link:-

Australia Office Real Estate Market

Related Reports:-

Singapore Real Estate Market Outlook to 2023 – By Residential Market (New Sales, Re-Sales and Sub-Sales), By Retail Market (Private and Public Retail Space), By Office Market (Private and Public Office Space) and By Hotel Market (Gazetted and Non-Gazetted Hotels)

Hungary Real Estate Market Outlook to 2022 – by Residential (Dwellings Constructed by Regions, by Builders Type, Holiday Units Constructed by region, Dwellings Leased by Regions, Dwellings Sold by Regions), by Commercial, Retail and Hotel

Qatar Real Estate Market Outlook 2021 – Economic Diversification and FIFA World Cup 2022 to Support Infrastructure Development

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
[email protected]
+91-9015378249



This post first appeared on Research News Today: Press Release Submission Site, India Global, please read the originial post: here

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Australia Real Estate Market is Characterized by High Levels of Competition, Sound Lending Standards and Abundance of Real Estate Assets, which are the Major Reason for the Growth of Real Estate Industry: Ken Research

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