The forecast for household expenditure on housing, water, and energy in Australia indicates a steady upward trend from 2024 to 2028. The value forecasted for 2024 is 335.66 billion AUD, rising to 416.27 billion AUD by 2028. This trend reflects an average annual growth rate (CAGR) of approximately 5.5% over the five-year period from 2023, where the expenditure was at 315.76 billion AUD. Year-on-year variations show an increase of around 6% from 2024 to 2025, and a similar steady rise through to 2028.
Future trends to watch for include potential impacts from policy changes related to housing, water sustainability initiatives, and fluctuations in energy prices. Additionally, demographic shifts and urbanization patterns may significantly influence household expenditure in these categories.
