Building and Construction

Regional Residential Building

Limited supply of broad hectare development land and challenging housing affordability in metropolitan areas are key issues facing the residential market in Australia.

Population movement to regional areas of Australia has been very strong in recent years, drawn by a combination of affordability, lifestyle and employment opportunities.

This environment will make regional patterns of residential development an important dimension for business planning and development.

The Regional Residential Building service analyses trends and prospects in demand and supply for residential building in regional areas.

The service is available for New South Wales, Victoria, Queensland and Western Australia. Subscribers can receive the service for one or more states.

The analysis and forecasts provide useful analyses of the regional markets for a variety of purposes, including resource planning, marketing and performance analysis.

  • Regional analysis forecasts are based on BIS Shrapnel’s established methodology for forecasting residential markets. Underlying demand for new dwellings is based on population growth and demographic trends.
     
  • Demand is compared with recent trends in residential construction, to provide estimates of supply-demand balances, and contribute to forecasts of dwelling construction.

  • Analysis of the supply-demand position provides insights of relevance for residential property outlooks at the regional level.

  • Forecasts are made for all statistical divisions with the relevant state – with comment on recent trends at a more detailed level, to identify growth patterns in specific regional centres.

  • The forecast horizon is two years – out to June or December of the following year and will be split between houses and other dwellings.

  • This service provides a report each six months, with the subscription covering two editions of the forecasts. The report is produced on a June/December cycle each year.

 Price:
Price on application

Contact:

Angie Zigomanis

PH: +61 3 8679 7304