$17.5bn
$X.Xbn
23,241
12,357
$X.Xbn
The Land Development and Subdivision industry has been exposed to wide annual fluctuations in the price and volume of land sales in response to changing trends in building investment. The volume of greenfield land sales for residential projects more than doubled from a low in 2018-19 to a peak in 2020-21, corresponding with a surge in single-unit dwelling commencements in response to the Federal Government's HomeBuilder stimulus and historically low interest rates. The end of this stimulus and rising mortgage interest rates since 2021-22 have contributed to an expected contraction in industry revenue at an annualised 5.5% over the five years through 2023-24 to $17.5 billion, despite an anticipated slump in revenue of 4.9% during the current year.
Industry revenue has grown at a CAGR of 5.5 % over the past five years, to reach an estimated $17.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Infrastructure NSW | 471.0 | |
DevelopmentWA | 436.0 | |
Satterley Property Group | 314.0 |
To view the market share and analysis for all 8 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Houses and housing estate developments , Apartments and other residential developments and Commercial developments. Houses and housing estate developments is the largest segment of the Land Development and Subdivision in Australia.
Investment in housing and housing estate developments has slumped
Industry companies primarily subdivide and amalgamate land into lots. Companies also prepare and service land for subsequent sale, including performing excavation work for installing roads and utility lines.
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ANZSIC 3211 - Land Development and Subdivision in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Residential land development surged to a peak in 2021-22, supported by the Federal HomeBuilder stimulus and record-low interest rates. Residential land development activity h...
Learn about an industry's products and services, markets and trends in international trade.
A slump in new dwelling commencements and funding for residential land development have accompanied a hike in mortgage interest rates and the end of the Federal HomeBuilder st...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
There’s a skew in land development and subdivision activity towards Victoria. The state has an above-average share of the nation's single-unit house construction.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
While price is an essential factor in the development process, land attributes aren’t uniform and prices aren’t static. Development costs and potential returns vary based on ...
Learn about the performance of the top companies in the industry.
The industry has no Major Companies as it comprises mainly small-scale developers that are non-employing enterprises. Developers work in narrow regional markets and often on ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Residential land developers have endured difficult times due to a slump in house construction following mortgage interest rate hikes. Declines in house construction pose a po...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Delays in zoning, building approvals and changing market conditions can expose land developers to high financial risk. The greatest threat comes from holding land parcels dor...
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Land Development and Subdivision industry in Australia is $17.5bn in 2024.
There are 12,357 businesses in the Land Development and Subdivision industry in Australia, which has grown at a CAGR of 0.0 % between 2019 and 2024.
The market size of the Land Development and Subdivision industry in Australia has been growing at a CAGR of 5.5 % between 2019 and 2024.
Over the next five years, the Land Development and Subdivision industry in Australia is expected to grow.
The biggest companies operating in the Land Development and Subdivision market in Australia are Infrastructure NSW, DevelopmentWA and Satterley Property Group
Houses and housing estate developments and Apartments and other residential developments are part of the Land Development and Subdivision industry.
The company holding the most market share in Australia is Infrastructure NSW.
The level of competition is high and steady in the Land Development and Subdivision industry in Australia.