The property industry has never been more vital to the health of the Victorian economy. The Property Council has a long history of advocating for a regulatory framework that enhances and enables a thriving property industry in Australia’s fastest-growing state, helping to create jobs and boost economic activity.
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property directly accounts for 11.9 per cent of VIC's economic activity
almost 1 in 3 people in VIC draw a wage directly or indirectly from the property industry
property creates 272,949 direct jobs in VIC and supports another 419,224
the property industry pays 54.7% of VIC taxes, local government rates, fees and charges