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