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MarketLine – Australia – Real Estate

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Australia – Real Estate

The Australian real estate industry had total revenues of $43.1bn in 2013, representing a compound annual growth rate (CAGR) of 11.2% between 2009 and 2013.Industry volume increased with a CAGR of 2.8% between 2009 and 2013, to reach a total of 2,687.8 thousand rented properties in 2013.The performance of the industry is forecast to decelerate, with an anticipated CAGR of 4.9% for the five-year period 2013 – 2018, which is expected to drive the industry to a value of $54.7bn by the end of 2018.

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