SYDNEY
Ranked: 30th
Sydney has climbed four places and is the most expensive of the five Australian cities that have been included this year.
International Construction Costs 2020
COVID-19 has upended global construction markets and created uncertainties around the industry’s resilience. However, the Australian market is in a unique position when compared against its global peers. The impact of natural disasters, which has been compounded by the global Pandemic, have undoubtedly shifted our economic and market strength.
Learn how the pandemic is impacting construction and why, as companies eventually recover, they should focus on addressing the climate challenge.
Once again, this year’s ICC Index shows the relative costs of construction for 100 of the world’s cities. The report also features in depth analysis of the construction markets in 19 countries, including 5 Australian capital cities, as well as myriad examples of prominent construction projects that Arcadis has helped deliver around the world.
Sydney has climbed four places and is the most expensive of the five Australian cities that have been included this year.
Brisbane is the second most expensive city in Australia for construction costs (albeit only marginally).
Melbourne is the third most expensive city for construction costs.
Perth has shown promising sign at the start of the year but continued to decline in the end.
Construction activity in Adelaide was relatively steady across 2019.
Rethinking Resilience
International Construction Costs
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