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Two years ago the Australian property sector was booming. Whether it was in commercial, residential, funds management or development, big bucks were being made and times were good.
Jun 19,2025
The Australian property market has always been a significant driver of economic growth—and in times of uncertainty, it’s also a major focus for government intervention. Whether you’re a first home buyer, a construction worker, or someone studying to enter the real estate industry, understanding how public policy affects the sector is crucial.
Australia’s property sector has experienced notable fluctuations in recent years. After a pandemic-era boom, stabilisation efforts in 2023 and 2024 aimed to curb inflation and restore housing affordability. Now in 2025, federal and state governments are taking strategic steps to stimulate sustainable growth in both the residential and commercial markets.
The First Home Guarantee and Regional First Home Buyer Guarantee continue to offer eligible buyers a pathway into the housing market with deposits as low as 5%, without the need for lenders mortgage insurance. These initiatives are aimed at boosting owner-occupier participation and alleviating pressure on the rental market.
For eligibility criteria and application support, visit the National Housing Finance and Investment Corporation (NHFIC) website.
In 2025, the Australian Government committed billions in infrastructure upgrades through its National Housing Accord, aiming to deliver 1.2 million new homes by 2029. This includes:
Public-private partnerships with developers
Fast-tracked planning approvals
Incentives for build-to-rent projects
This large-scale initiative not only supports the construction industry but also underpins the broader property and trades ecosystem—offering job security and new career opportunities.
To address the labour shortage in construction and property services, there’s now greater funding for TAFE and vocational training in trades such as plumbing, carpentry, and surveying. Fee-free places and subsidies are available through Skills.gov.au and your local state government.
If you’re considering training in these fields, browse our building and construction courses to get started.
While residential property has seen consistent policy support, the commercial real estate sector—especially office and retail spaces—has required a more nuanced approach. Several states have introduced land tax concessions, development incentives, and adaptive reuse grants to encourage revitalisation of under-utilised commercial buildings.
The government has also launched regional pilot programs to transform vacant commercial sites into housing and community infrastructure—effectively linking the commercial and residential recovery efforts.
The government’s support of housing, infrastructure, and workforce training is helping stabilise employment in construction and trades after pandemic-era disruptions. Property professionals—from agents to valuers and project managers—are benefiting from increased transaction activity and urban development.
Looking to upskill or retrain for a role in the property or construction sector? Explore real estate, building and construction, and project management courses.
Government policies play a major role in shaping property market conditions—and being informed helps you make smarter career and investment decisions. Whether you’re working in the sector or just starting out, there’s never been a better time to build your future in Australian property.
Helen Isbister brings practical career tips, study advice, and professional insights to Career FAQs readers.