DesignBuild Source

Despite reasonable prospects in some sectors, the property and construction industry in Tasmania remains bleak for now.

The construction industry in New South Wales expects a significant rebound as housing starts rebound and commercial building picks up.

Amid a deteriorating economy, there are few areas of promise in the Tasmanian construction industry.

As the Ichthys project continues and the housing sector moves toward a strong recovery, boom times continue in the Northern Territory construction industry.

Outside of telecommunications, there are few promising areas of growth in the property and construction industry in South Australia.

As mining slows, the WA construction industry looks to a home building recovery for a new growth area.

Despite weak commercial conditions and a peak in civil construction, recovery in home building is expected to boost the Queensland construction outlook.

Outside a few key growth areas, the outlook for property and construction in Victoria is subdued.

Thanks to an improving housing sector, conditions in the New South Wales property and construction industry are set to pick up in 2013.