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{{propApi.successMessage}} {{region}} Change locationHIA releases ACT hotspots list
HIA releases ACT hotspots list
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“West Belconnen, which includes Ginninderry, has been announced as the ACT’s number one building Hotspot with a population growth rate of 666.7 per cent and $55.0 million in building approvals,” stated Executive Director, Greg Weller.
HIA today reveals Australia’s strongest markets for home building in the 2021 edition of the HIA Population & Residential Building Hotspots Report. The Report is aimed at finding employment growth areas targeted towards builders and tradies and identifies Hotspots in all states and territories.
“West Belconnen is a new addition to the ACT Building Hotspots list. It is followed by second on the list, Taylor, with $72.9 million in building approvals,” added Mr Weller.
“A record year for detached house building is underway with over 146,000 detached starts expected in the 12 months to September 2021.
“Australia’s population growth has been constrained due to closed borders. COVID-19 has also seen consumer preferences shift away from inner-city apartment style living to detached housing in regional areas.
“This shift could see more regional areas in the next edition of HIA’s Population and Building Hotspots Report,” concluded Mr Weller.
An area qualifies as a Hotspot in the ACT if at least $50 million worth of residential building work was approved during the 2019/20 financial year, and its rate of population growth is faster than the 1.3 per cent national average.
ACT Building and Population Hotspots**
**SAs with in excess of $50 million in residential building work approved in 2019/20 and with an annual population growth rate in excess of the national rate of 1.3%
| Statistical Area Level 2 | Statistical Area Level 3 | Residential Building Approved, 2019/20 ($'000) | Annual Population Growth Rate (%) |
| 1. West Belconnen | Belconnen | 54,946 | 666.7 |
| 2. Taylor | Gungahlin | 72,853 | 124.5 |
| 3. Denman Prospect | Molonglo | 87,577 | 103.6 |
| 4. Throsby | Gungahlin | 51,630 | 71.1 |
| 5. Greenway | Tuggeranong | 165,835 | 8.3 |
| 6. Dickson | North Canberra | 105,503 | 5.5 |
| 7. Braddon | North Canberra | 104,663 | 5.3 |
| 8. Reid | North Canberra | 164,782 | 2.2 |
| 9. Narrabundah | South Canberra | 63,290 | 1.8 |
Detached house approvals picking up
“There were 9,490 detached homes approved in the month of April 2025, up by 3.3 per cent compared to the previous month,” stated HIA Senior Economist Maurice Tapang.
State Budget is a missed opportunity to stimulate housing
The Treasurer has handed down the 2025/26 Tasmanian Budget. The Budget focuses on alleviating cost of living pressures, health, education and infrastructure, while mapping out a path to a fiscal balance surplus in 2032/2033.
HIA supports bipartisan approach to planning reform NSW
“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.
Opposition pledge to remove stamp duty for first home buyers welcomed (Vic)
The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.