Australia has now entered the next residential construction upturn with both dwelling approvals and commencements increasing rapidly. High population growth, cuts to interest rates and supportive government measures are all drivers for the upturn, which is slated to last until late 2027.

Our new report, Australian Construction Outlook – Residential Building, provides detailed forecasts for residential building activity in Australia, by state and by type of dwelling. The report forecasts total residential commencements to increase by 13% in 2025/26 and by 11.3% in 2026/27.

See our report for more details, including data and forecasts by type of dwelling, by each state and territory.