High population growth, cuts to interest rates and supportive government measures will drive an upturn in residential building in Australia during 2025 and 2026. 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 10% in 2025 and by 15% in 2026, before peaking in 2027.
See our report for more details, including data and forecasts by type of dwelling, by each state and territory.