NAB survey shows 49% of Australian property developers plan new projects within six months

Reuters2026/07/30 03:10

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NAB’s Q2 2026 Commercial Property Survey shows developers pressing ahead despite softer conditions, with 49% planning new starts within six months.
Queensland leads near-term commencements at 75%, followed by Western Australia at 67%, signaling the strongest development pipelines.
New South Wales sits at 46% while Victoria drops to 28%, pointing to a widening gap in construction momentum across major states.
Reliance on existing land banks rose sharply, with about 90% planning to use current holdings versus 74% in the prior quarter.
Commercial property confidence eased in the June quarter but stayed positive, with sentiment at +20 over 12 months, +39 over two years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NAB survey shows 49% of Australian property developers plan new projects within six months

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