South Australia is building its future—literally. With rapid urban expansion, increasing demand for housing, and major infrastructure projects underway, the construction industry is set for more growth.
Australia’s construction industry is on a steady rise, projected to grow from $286b in 2023 $523b by 2030*. South Australia, in particular, has witnessed unprecedented growth1. While FY2024 has been slower, all signs in the short-term future point to fresh momentum.
South Australia is set for major development, with $2 billion allocated to build 3,000 new homes across five key projects2:
With forecasts predicting the need for 45,000 new homes in inner metropolitan areas, the demand for reliable transport and logistics solutions has never been greater.
The state’s construction sector has seen a significant 7.5% increase in residential work, reaching $1.1 billion in the June quarter of 2024. To keep up with this demand, Toretto Transport has expanded its fleet—adding three semis equipped with telehandlers and a new twin steer with a beavertail and telehandler. This investment ensures timely and reliable delivery of essential materials like bricks, pavers, and scaffolding, aligning with South Australia’s booming construction needs.
At Toretto Transport, we’re committed to maintaining the high service standards our customers have relied on for over eight years. Our recent fleet expansion enhances our delivery capabilities, allowing us to handle heavier loads efficiently.
Our focus remains on:
Looking ahead: challenges & opportunities
While FY 2024 saw some slowdowns due to rising costs, land delays due to water infrastructure projects, and increased borrowing rates, a strong rebound is expected by FY 20263. The recent interest rate cut has already sparked renewed confidence in the market.
At Toretto Transport, we are excited to play our part in shaping South Australia’s construction future. As the industry evolves, we remain committed to innovation, reliability, and supporting our valued customers. Here’s to building a stronger South Australia—together.
*Value in USD
Sources
Phone: (08) 8463 1029
Address: 9-11 Ceafield Road, Para Hills West SA 5096
Email: transport@torettotransport.com.au
PO Box 97, Para Hills SA 5096
ABN: 12 705 305 548
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