Regional Building 2016 – 2018
Report Published: December 2016
DECEMBER 2016 – UPDATE REPORTS NOW AVAILABLE!
Where is the fastest local growth forecast to occur? How will structural change in Australia’s economy affect the location of future building? How will regional factors affect your business?
The Regional Building service will analyse trends and prospects in demand and supply for residential and non-residential building in regional areas.
The service is available for New South Wales/ACT, Victoria, Queensland, Western Australia, South Australia, Northern Territory and Tasmania. When subscribers receive the service for more than one state, the rate per state falls.
The analysis and forecasts will be useful for a variety of purposes, including resource planning, budgeting, marketing and performance analysis.
Regional analysis forecasts will be based on BIS Oxford Economics' established methodology for forecasting residential markets. Underlying demand for new dwellings will be based on population growth and demographic trends
Forecasts will be made for all ABS statistical divisions within the relevant state – we will comment on recent trends at a more detailed level, to identify growth patterns in specific regional centres.
Demand will be compared with recent trends in residential construction, to provide estimates of supply- demand balances, and contribute to forecasts of dwelling construction, which will be split between houses and other dwellings.
Analysis of project listings and commercial cycles will provide insights of relevance for non-residential property outlooks at the regional level.
The forecast horizon will be 2 years, on a quarter-by- quarter basis.
This service will provide a report each six months, with the subscription covering two editions of the forecasts. We will produce the report on a June and December cycle. Subscriptions may commence with either the June or December report.