Assessing Australia’s economic environment

Economic trends that will underpin the performance of the Commercial Real Estate Sector

April 22, 2024
  • Ronak Bhimjiani

Australia's economic growth has softened, reflecting broader global economic trends. However, growth has remained higher than that of advanced economies. The medium to long-term outlook remains positive, as Australia's population growth is projected to be the second strongest among advanced economies, with Gross Domestic Product (GDP) growth expected to be the strongest over the next 10 years.

As economic conditions transition to a new, post-pandemic operating normal, we anticipate an improvement in confidence levels across the Commercial Real Estate (CRE) sector.

Fill out this form to download report

There was an error submitting the form. Please try again. 


Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally, the personal information we collect from you are for the purposes of downloading materials you have requested.

We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.