March 2025 results out now
The Procore / Property Council Industry Sentiment Survey is critical research that supports the Property Council’s advocacy work for you and enables us to influence decision-makers.
The data collected assesses the property industry’s sentiments about the outlook for Australia’s national and state economies, views on property asset class performance, employment intentions, expected workflows and critical industry drivers.
In partnership with Procore, the global leader in construction management software, we are committed to equipping the industry with valuable insights that support informed decision-making and future planning.
March 2025 survey results
A full downloadable report of the results will be released on 10 April 2025 from our website.
Thank you for participating in this important property industry initiative, supported by Procore.
Property Council Chief Executive Mike Zorbas said confidence in the domestic industry is rising as economic growth expectations recover and the industry anticipates more interest rate cuts.
“The Procore/Property Council sentiment survey shows that in the run-up to ‘Liberation Day’ the industry has been growing in confidence, especially following the RBA’s recent interest rate cut,” Mr Zorbas said.
“Recent global events are a timely reminder of the fundamentals.
“Investors are still screening for the most stable risk-adjusted returns. Australia retains stabilising institutional checks and balances, good demographics and raw materials aplenty.
“At the same time, property is a capital-intensive industry. Now more than ever, we need to use other peoples’ money to build our cities,” he said.
April 2025
Mike Zorbas
Chief Executive
Property Council of Australia
Property Industry Confidence
The survey of 1,170 Property Council members found industry confidence rose over the March quarter, with the Confidence Index rising nine points to 125. The Confidence Index gauges industry sentiment with a neutral score of 100. Higher scores show optimism, while lower scores indicate pessimism.
Latest media releases
Property industry confidence in Victorian Government dives to record low; new survey reveals
The property industry’s confidence in the Victorian Government’s ability to manage and plan for future growth has plummeted to a record low, a new Property Council of Australia member survey has revealed.
Property industry confidence boost, but housing remains key for next government: survey
As the nation gets ready to head to the polls, the latest Procore/Property Council Survey has revealed an increase in optimism among the property industry but a desire to see more done to boost housing supply.
Housing undersupply a drag on property industry confidence: survey
Despite a marginal rise in confidence among the property industry, the latest Procore/Property Council Survey shows a lack of housing supply continues to drag on property industry confidence.
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