Overview

The Australian Government has awarded 271 contracts worth $1.13B in the Real Estate Services procurement category (UNSPSC family 8412), spanning 20 years (2007–2026). This spending covers 107 distinct suppliers and 58 government agencies. The largest buyer is Department of Home Affairs, and the most-awarded supplier is COMMONWEALTH BANK OF AUSTRALIA. Year-over-year spending has decreased by 93%. There are currently 18 contracts worth $338.6M expiring within the next 12 months, representing potential recompete opportunities.

Key Metrics

271Total contracts
$1.13BTotal value
107Suppliers
58Agencies
$4.2MAvg contract
18Expiring (12mo)

Annual Spending

↓ 93% YoY

Government spend on Real Estate Services over time. Hover bars for details.

$0 $70.5M $141.1M $211.6M $282.2M 2012: $923K (5 contracts) 12 2013: $44.9M (27 contracts) 13 2014: $282.2M (26 contracts) 14 2015: $32.4M (21 contracts) 15 2016: $116.8M (29 contracts) 16 2017: $28.8M (21 contracts) 17 2018: $188.4M (10 contracts) 18 2019: $21.8M (8 contracts) 19 2020: $159K (3 contracts) 20 2021: $19.5M (9 contracts) 21 2022: $47.5M (13 contracts) 22 2023: $59.9M (14 contracts) 23 2024: $34.2M (11 contracts) 24 2025: $2.7M (15 contracts) 25 2026: $2.3M (4 contracts) 26

Top 10 Suppliers

Largest suppliers in Real Estate Services by total contract value awarded.

#SupplierContractsValueShare
1 COMMONWEALTH BANK OF AUSTRALIA 3 $290.3M 25.6%
2 RESERVE BANK OF AUSTRALIA 12 $211.7M 18.7%
3 Commonwealth Bank 1 $120.3M 10.6%
4 Indue Limited 4 $81.8M 7.2%
5 Bendigo and Adelaide Bank Limited 1 $54.2M 4.8%
6 Traditional Credit Union Limited 2 $36.0M 3.2%
7 Rural Finance Corporation of Victoria 3 $34.0M 3.0%
8 AMERICAN EXPRESS AUSTRALIA LIMITED 1 $31.6M 2.8%
9 AMERICAN EXPRESS (MERCHANT FEES 1 $31.2M 2.8%
10 PAYPAL AUSTRALIA PTY LIMITED 1 $29.4M 2.6%

Top 10 Agencies

Government agencies with the most spending in Real Estate Services.

#AgencyContractsValue
1 Department of Home Affairs 13 $389.0M
2 Services Australia 7 $149.6M
3 Australian Taxation Office 7 $139.3M
4 Department of Social Services 5 $89.9M
5 Australian Securities and Investments Commission 14 $64.3M
6 Regional Investment Corporation 2 $54.3M
7 Department of Agriculture, Fisheries and Forestry 23 $51.0M
8 Department of Finance 7 $41.6M
9 Department of Agriculture 11 $39.1M
10 Department of Foreign Affairs and Trade 6 $27.4M

Parent Category

Financial & Insurance UNSPSC Segment 84 · 10,941 contracts · $8.08B · 2,293 suppliers

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