Australia is one of the fastest-growing countries in the world, and its construction industry is booming. Many new construction trends are emerging in Australia, and if you plan to build a new home or office, it is important to stay up-to-date on these trends. In this blog post, we will discuss some of the latest construction trends in Australia and how they are changing how homes and offices are built.
What Are the Latest Construction Trends in Australia?
Because Australia is such a large and diverse country, construction trends can vary greatly from region to region. That being said, some overarching trends are definitely influencing the construction industry Down Under. If you’re considering pursuing a career in construction or just want to stay up-to-date on the latest industry news, here are some of the latest construction trends in Australia that you should know about.
A Focus on Sustainability
As awareness of climate change and other environmental issues continues to grow, more and more people are looking for ways to live sustainably. This is also true in the construction industry, where there is an increasing focus on sustainable building practices.
Some of Australia’s latest trends in sustainable construction include using recycled and reclaimed materials, constructing buildings with natural ventilation and daylighting, and using renewable energy sources like solar power.
A Growing Preference for Modular Construction
One of the latest construction trends in Australia is a growing preference for modular construction methods. Modular construction is a type of off-site construction that involves constructing prefabricated modules in a factory setting before delivering them to the construction site.
This construction method has a number of advantages, including reduced construction time, improved safety, and increased quality control. Additionally, modular construction is often more sustainable than traditional methods since less waste is generated and transportation emissions are reduced.
An Increase in Infrastructure Projects
Another trend that is influencing the construction industry in Australia is an increase in infrastructure projects. In recent years, there has been a significant investment in upgrading and expanding the country’s infrastructure, including roads, railways, and airports.
This trend is expected to continue in the coming years, which means there will be plenty of opportunities for construction workers with the right skills and experience.
If you’re interested in pursuing a career in construction or just curious about the latest industry trends, these are some things you should know about. The construction industry in Australia is changing and evolving, so it’s important to stay up-to-date on the latest news and developments.
Companies like iSeekplant are thriving because of the latest construction trends in Australia. iSeekplant is an online marketplace that connects plant hire companies with customers who need their services. The company has been growing rapidly in recent years and shows no signs of slowing down.
Just How Important Is the Construction Industry in Australia?
When it comes to the construction industry, there is no denying that it plays a vital role in the Australian economy. This is an industry that contributed $172 billion to the economy in 2016/17, which was roughly 10% of GDP. In fact, without the construction industry, Australia’s GDP would have been 3.5% lower.
So, exactly how important is the construction industry in Australia? Well, to put it simply, it is essential. This is because the construction industry creates the infrastructure that allows the country to function. This includes everything from houses and office buildings to roads, bridges, and dams.
The construction industry is also a major employer in Australia. In 2016/17, there were 1.3 million people employed in the construction industry. This was roughly 7.9% of the country’s workforce. And, of those 1.3 million people, around 60% were employed full-time.
So, as you can see, the construction industry is essential to the Australian economy and the employment market. Without the construction industry, Australia would be a very different place.
How Will the Construction Industry in Australia Evolve Over Time?
In time, the construction industry in Australia is forecast to grow by leaps and bounds. Currently, the industry employs around 1.3 million people, with that number expected to rise to 1.5 million by 2020. The construction sector’s output is also on the rise, reaching a staggering $340 billion in 2016-17.
What’s driving this growth?
Australia’s population is projected to increase from 24.1 million in 2017 to 28.5 million by 2031. This growth, combined with strong economic conditions, is fuelling demand for new homes, offices, roads, railways, and other infrastructure. The construction industry is expected to grow strongly over the next five years, with an annual average growth of 3.8%.
Several factors will contribute to this growth, including:
- A strong economy: Australia’s economy is forecast to grow by an annual average of 3% over the next five years. This will create more jobs and increase wages, which will, in turn, lead to higher demand for homes and other construction projects.
- An ageing population: As Australia’s population ages, there will be an increasing need for aged care facilities, retirement homes, and other age-related infrastructure.
- A growing population: Australia’s population is projected to grow by 1.6% per year over the next five years. This growth will lead to increased demand for housing, schools, hospitals, and other infrastructure.
- A growing tourism industry: Australia’s tourism industry is forecast to grow by an annual average of 4% over the next five years. This will create demand for new hotels, resorts, and other tourist infrastructure.
Bottom Line
The construction industry in Australia is booming, with the latest trends being focused on energy efficiency, sustainability, and technology. Energy-efficient construction is becoming increasingly popular as builders strive to meet strict new regulations. Sustainability is also a top priority for many builders as they look to create environmentally friendly buildings. Finally, technology plays a big role in the construction industry, with builders using drones and 3D printing to create innovative buildings.
