Australia’s construction industry saw fluctuations in project activities throughout February 2025, according to CoreLogic’s Construction Monthly Report.
In February, 1,416 new projects were identified, a slight dip from January’s 1,450. The 12-month comparison shows a 3.7 per cent decrease in new projects, with the estimated value totalling $21.1 billion. Civil engineering projects claimed the lion’s share, representing 28.1 per cent of the total, followed by residential and industrial developments. Among notable projects was the Julius Avenue Data Centre in NSW, valued at $1.8 billion, showcasing technological advancement and infrastructure growth.
Nationally, 288 projects transitioned to the construction phase, marking a month-on-month decrease of 4.6 per cent. Compared to this time last year, construction starts fell significantly by 31.1 per cent. February’s total value of projects entering the construction stage amounted to $4.2 billion. Civil engineering remained dominant, followed by community projects, and apartments and units.
Key Infrastructure and Development Projects Across States
New South Wales
NSW takes centre stage with ground-breaking initiatives like the proposed $1.8 billion Julius Avenue Data Centre, aiming to redefine tech infrastructure. Meanwhile, the Dinawan Wind Farm, with its 250 turbines, is set to deliver renewable power to a million homes, reinforcing Australia’s sustainability goals.
Victoria
Victoria ramps up investments in community projects, with new kindergartens in Lang Lang and Sunbury addressing growing family needs. Additionally, a $41.7 million upgrade to Clyde North’s Thompsons Road is set to alleviate traffic congestion and improve daily commutes.
Queensland
The Sunshine State shifts gears for the 2032 Olympics, unveiling plans for a new Victoria Park stadium and aquatic centre upgrades. Simultaneously, the $3.78 billion Lake Borumba Hydro Station sets the stage for powering millions of homes with clean energy.
Western Australia
WA has a variety of approvals for an independent living complex and specialist disability apartments. Additionally, Perth Airport’s first-ever hotel, an eight-storey luxury Pullman, is part of the airport’s $5 billion capital investment program.
South Australia Projects like the $10 million Mannum housing development and the Festival Plaza Tower 2 are set to bolster residential and commercial spaces. While Bowden’s ARC project is aiming to redefine urban living and is part of the broader urban renewal initiative in Bowden.
Australian Capital Territory
Stage two of a significant apartment project in Phillip, will add 199 new units to the area. A development application has been submitted for RSL Life Care’s Bullecourt Village in Kaleen, which is promising innovative retirement living options across 72 independent living units and 11 two-storey townhouses.
Northern Territory The Rover Copper Gold Project is advancing with updated costing for the bankable feasibility study currently in progress, while Darwin is gearing up for a $25 million luxury hotel redevelopment of the Northern Hotel.
Tasmania
Hobart’s $100 million Escarpment at Macquarie Point redevelopment and Wilkinson Point’s $500 million tourism precinct are underpinning Tasmania’s commitment to green energy, innovative design, and vibrant public spaces.