Showing posts with label Australia Real Estate Market Forecast. Show all posts
Showing posts with label Australia Real Estate Market Forecast. Show all posts

Tuesday, September 17, 2019

Australia Real Estate Market Research Report And Future Outlook: Ken Research


How the Australia Real Estate Market is Positioned?
The Real Estate Market In Australia is currently at its growth stage. The real estate market has been categorized into four sub-categories which include residential real estate, office real estate, retail real estate and hospitality real estate. The country witnessed a declining mortgage interest rate in the real estate market owing to which the demand for the real estate has increased over the years. The country witnessed a growing demand in the office, hospitality and retail real estate sector owing to favorable demographics of the country and the increase in the number of tourist over the years. Since, the real estate market is witnessing a growth in Australia; it has simultaneously contributed to the growth of other industries such as facility management.  The real estate market of Australia was growing at a rapid pace since the year 2017. The prices of residential dwellings were breaking all-time high records in 2017 resulting in the affordability issues for the buyers. Also, owing to the favorable payment scheme introduced for the first time buyers, in order to prevent the market from any downfall and help in contributing to growth.

Introduction of negative gearing scheme, introduction of the depreciation tax scheme and the massive inflow of Chinese investors in the real estate sector has been complimenting the size of this industry. Properties in Sydney and Melbourne account for ~% of the total number of properties in Australia, and ~% in terms of value. At the same time, Brisbane is the third biggest city and a highly popular choice among many property buyers. Sydney, Melbourne and Brisbane were the most preferred cities for investment for national and international investors in the year 2017 and 2018 because of their large influence in the Australian economy.

How is the Australia Retail Real Estate MARKET Positioned?
Australia retail real estate industry was observed to grow in past five years recording a CAGR of ~% in terms of revenues during the review period 2013-2018 owing to the rising urban density, declining vehicle use, online retailing and the increasing popularity of prepared or semi prepared meals. The market is growing in Australia owing to the favorable demographics of the country, rise in population with a strong growth trajectory in tourism, and increase in the per capita income. The retail supply per capita was approximately ~ square meters in 2018 and is projected to be ~ square meters in 2019, and it averages just ~ square meters per annum. The change and development in the retail industry in Australia is driving greater demand for the retail real estate. The country witnessed increased opportunities for the investors to acquire major retail assets, which historically was not accessible in the country.

What Are The Factors Inflecting Retail Real Estate Sector In Australia?
Population of Australia: The rise in population with a strong growth trajectory in tourism and per capita income are the major reasons for the upward growth of the retail sector in all the states.
Growing Investment Market: Growing retail industry in the country has increased the investments market.

Income and wages of Australian’s: The change in the income and wages of the Australian population has contributed in the growth of the retail real estate industry in the country.

Changing trends in the food and beverages sector: The Australian lifestyle is shifting from the big weekly food shop towards daily food purchases and increased consumption of prepared meals.

Retail Spending: Australian retail sales moving annual turnover grew by about ~% over the year 2018. The increased spending on the retail sector has also been as contributor of growth in the real estate market in Australia.

Current and Future Retail Demand and Supply
The investor demand for Australian retail assets has remained strong with demand rising from a diversity of buyers such as offshore investors, private syndicates, local institutions and listed groups. The total investment value amounted to AUD ~ billion over the first three quarters of 2018 which was equivalent to the figure in year 2017. Institutional investors have been the most active purchasers in the year 2018 accounting for over ~% of total transaction value which is AUD ~ billion. The increase in retail real estate demand was showcased due to various factors including personal disposable income, infrastructure development, ease in government regulations and increase in number of tourists as well as leisure activities of people. High growth in discretionary spending along with growing young population is the key demand generators in retail sector. Australia experienced a slow growth in the supply of new retail projects when compared with the retail stock and change in the population. Retail supply per capita was approximately ~ square meters in 2018 and is projected to rise in the coming years. The bulk of this supply will include neighborhood retail centers and large format retail. Population growth in the east coast markets will be driving the growth in the neighborhood shopping centers in urban areas. For the investor, stable economic growth, low interest rates and relatively attractive yields when compared to many overseas markets should continue to drive strong demand.

Regional Landscape Of Australian Retail Real Estate Market
New South Wales (Sydney): The retail sector of Sydney experienced a rise in the tenant activity with the strong performance of luxury and lifestyle retailers. Rise in the inbound tourism, particularly from Asia, remained the primary driver of growth for luxury retail property sales in Sydney.

Victoria (Melbourne): The retail sector of Melbourne had gross face rents at around AUD ~ per square meters in the year 2018. Buying and leasing activity moved towards the north and west ends of the city.

Queensland (Brisbane and Gold Coast): The region witnessed a recovery in its economy and migration and tourism were the major variables that impacted the retail real estate demand. The economic recovery in Queensland was mainly due to strong interstate migration and improving tourism arrivals.

South Australia (Adelaide): Retail sales in South Australia had rebounded and experienced growth which was above the national average in the year 2018.

Western Australia (Perth): Improvements for the investors in regards of the trading conditions are expected to grow in the coming years due to the anticipated rise in the occupancy rate of the retail assets of Perth.

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 Major Players
Canberra Real Estate Market
Queensland Real Estate Market
Tasmania Real Estate Market
Queensland Retail Real Estate Market
Number of Migrants in Australia
Property Buying Process in Australia
Australia Real Estate Broker Fees
Australia Residential Property Types
Australia CBD Real Estate Market
Australia Real Estate Floor Space
Types of Hotels Australia
Sydney Real Estate Market Size

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

Related Reports:-



Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Wednesday, September 11, 2019

Australia Real Estate Market Outlook to 2023: Ken Research


The report titled “Australia Real Estate Market Outlook to 2023 – By Residential (Apartment & Villas), By Retail (Regional, Sub-Regional, Neighborhood, CBD, Large Format Retail and Others), By Office (Grade A, Grade B and Premium Offices) and By Hotel (3 Star, 4 Star, 5 Star and Other Hotels) provides a comprehensive analysis of the real estate space within Australia. The report covers various aspects such as overview and supply as well as demand assessment for each sector. Comparative landscape has been presented at an overall level. The report concludes with future outlook, supply-demand gap analysis, key investment pockets and recommendations.

Australia Real Estate Market Introduction and Overview
Real estate market within Australia is currently at its growing stage. The country witnessed a declining mortgage interest rate in the real estate market owing to which the demand for the real estate has increased over the years. It observed a growing demand in the office, hospitality and retail real estate sector owing to favorable demographics of the country and the increase in the number of tourist arrivals. The prices of residential dwellings were breaking all-time high records in 2017 thus, resulting in the affordability issues for the buyers. Properties in Sydney and Melbourne account for majority of the residential dwellings in Australia.

Australia Retail Real Estate Market
Australia retail real estate industry was observed to grow in past five years thus, recording a positive CAGR in terms of revenues during the review period 2013-2018 owing to the rising urban density, declining vehicle use, online retailing and the increasing popularity of prepared or semi prepared meals. The country witnessed increased opportunities for the investors to acquire major retail assets, which historically was not accessible in the country. Bulk of this supply will include neighborhood retail centers and large format retail. For the investor, stable economic growth, low interest rates and relatively attractive yields should continue to drive a strong demand when compared to many overseas markets.

Australia Hotel Real Estate Market
The hotel space within Australia real estate industry was witnessed to grow in terms of total room revenue. The hotel real estate industry of Australia showcased a five year positive CAGR during 2013-2018. Australia’s accommodation pipeline had a positive growth in year 2018 with the opening of new rooms across the ten major markets and further new rooms in Sydney and Melbourne’s hotel markets. With a strong economic backdrop and significant investments in tourism and transport infrastructure, demand is expected to absorb the additional supply as Australia’s appeal as a premium destination for visitors continues to grow.

Australia Office Real Estate Market
Office real estate industry showcased a positive growth for the present and future due to the movement of office spaces in new CBD areas such as Parramatta region. White-collar employment growth, strong rent reversion, declining national vacancy and an unprecedented infrastructure spend have all contributed to Australia’s global office strength. The eastern seaboard recorded the highest volume of investment activity and NSW dominated the office market in Australia. Amenities and building specifics such as floor space and ceiling height, and the specific layout of a building, will increase the demand of the office space for the local and international investors.

Snapshot on Co-Working Spaces in Australia
Co-working office supply within Australia has surpassed demand in 2018. Steady and robust supply increase in number of listed workspaces and increase in business movement to flexible office space is expected in next 5 years. Global players such as WeWork and Spaces have established their market presence thereby, challenging locally owned and operated companies such as Hub Australia and One Roof.

Australia Residential Real Estate Market
The residential real estate industry of Australia showcased a positive 5 year CAGR during the review period 2013-2018. The market is considered to be in a correction phase that will make housing more affordable for home buyers in the long run. The country witnessed an oversupply of residential dwellings in some major capital and sub urban areas in the year 2017 and 2018. It is expected that the prices will further decline to normal levels in the coming years, most likely, making property more available for local buyers.

Comparative Landscape within Australia Real Estate Market
The real estate industry has intensified competition on the back of an increasing demand for newer properties and commercial activities. The industry was observed to be highly fragmented. Major players include Metricon Homes PTY Ltd., Dyldam Developments PTY Ltd., Burbank Group, GJ Gardner Homes, Multiplex Group, ABN Group, MJH Group and others. Major competition parameters include land bank, location of the property, construction costs and reputation of the company.

Australia Real Estate Market Future Outlook and Projections
Retail Market: Population growth in east coast markets will be driving the growth in the neighborhood shopping centers in urban areas. An addition of 250,000 square meters of retail space for neighborhood store is expected to be delivered by the year ending 2019. For an investor, stable economic growth, low interest rates and relatively attractive yields should continue to drive strong demand for Australian retail property in the forecasted period.

Hotel Market: The transaction activities are expected to increase in the upcoming years as majority of hotel assets are currently being marketed or are in pipeline. Key upcoming supply includes DoubleTree by Hilton, Northbridge, Ritz-Carlton and others.

Office Market: Metro office markets in Australia will have a growing role to play in accommodating employees in the future. Office supply will be driven by improved infrastructure, such as Sydney’s Northwest and City and Southwest Metro rail project and Melbourne’s proposed underground suburban rail loops, which will further open up suburban markets to office occupiers.

Residential Market: The residential space in Australia is estimated to be driven by rising population, increase number of local and international migrants and the trend of shifting towards the apartment living.

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:-
Real Estate Market Scenario in Australia, 2013-2018
Australia Macro Economic Overview
Australia Retail Real Estate Market
Market Overview and Genesis
Factors Inflecting the Retail Space
Current and Future Demand
Current and Future Supply
Demand Supply Gap Analysis
Regional Landscape
Retail Market Outlook, Opportunities and Future Development Trends
What Gaps Exist in the Retail Sector?
Recommendations / Success Factors for Developing Retail Centers
Key Features and Characteristics
Key Pocket Opportunities
Australia Hotel Real Estate Market
Market Overview and Genesis
Factors Inflecting the Hotel Space
Current and Future Demand
Current and Future Supply
Demand Supply Gap Analysis
Regional Landscape
Hotel Market Outlook, Opportunities and Future Development Trends
What Gaps exist in the Hotel Sector?
Recommendation / Success Factors for Developing Hotels
Key features and Characteristics
Key Pocket Opportunities
Snapshot on Lifestyle Hotels
Australia Office Real Estate Market
Market Overview and Genesis
Factors Inflecting Office Space
Current and Future Demand
Current and Future Supply
Demand Supply Gap Analysis
Regional Landscape
Office Market Outlook, Opportunities and Future Development Trends
What Gaps exist in the Office Sector?
Recommendations / Success Factors for Developing Offices
Key Features and Characteristics
Key Pocket Opportunities
Snapshot on Co Working Spaces
Australia Residential Real Estate Market
Market Overview and Genesis
Factors Inflecting the Residential Space
Current and Future Demand
Current and Future Supply
Demand-Supply Gap Analysis
Regional Landscape
Residential Market Outlook, Opportunities and Future Development Trends
What Gaps Exist in the Residential Sector?
Recommendations / Success Factors for Developing Residential Dwellings
Key Features and Characteristics
Key Pocket Opportunities
Trends and Developments
Issues and Challenges
SWOT Analysis
Snapshot on Brokerage Market
Property Buying Process
Comparative Landscape
Does the Real Estate landscape is forecasted to be positive and encouraging to invest in Australia?

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

Related Reports:-



Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249