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The Australian Bureau of Statistics today released its monthly building approvals data for detached and multi-units data covering all states and territories.
“Total dwelling approvals declined by 13.0 per cent in the three months to July 2021 compared to the previous quarter, with detached approvals falling by 14.6 per cent and multi-unit approvals down by 9.7 per cent,” added Ms Lillicrap.
“The data indicates that the majority of HomeBuilder projects have now finished the approvals process and will be commencing construction in the coming months.
“Despite the decline, detached approvals remain elevated compared to pre-COVID levels. They were 43.2 per cent higher than the same quarter last year.
“Multi-unit approvals were 39.0 per cent higher in the three months to July than the same time last year, which was the low point in the cycle. This has largely been driven by approvals for semi-detached units and townhouses.
“Approvals for semi-detached units are comparable to levels seen in 2018 when the market was near its peak. This likely reflects the shift in consumer preferences towards lower density housing,” concluded Ms Lillicrap.
In seasonally adjusted terms, total residential building approvals saw the largest decline in the three months to July 2021 compared to the previous quarter in Western Australia (-27.3 per cent). This was followed by Queensland (-23.0 per cent), Tasmania (-15.1 per cent), South Australia (-10.4 per cent) and New South Wales (-8.7 per cent). Approvals in Victoria were flat (+0.3 per cent).
In original terms, building approvals declined in the Northern Territory by 46.2 per cent and the Australian Capital Territory declined by 54.8 per cent.
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Notice is hereby given that the Annual Regional Meeting of Members of the Victoria Region of Housing Industry Association Limited will be held on Monday 16 February 2026 at HIA Cremorne Office – Level 1, 8 Gwynne Street, Cremorne, Victoria, 3121 commencing at 5.00pm.
The Victorian government has released today, on the stroke of Christmas for public consultation the draft regulations implementing parts of the Building Legislation Amendment (Buyer Protections) Act.
The Housing Industry Association (HIA) has congratulated the WA Cook Government on its strong economic management and decisive action to address housing supply challenges through the Mid-Year Budget Review.
“HIA is extremely disappointed with the Victorian government seeking to rush through their flawed buyer protection regulations during summer holidays,” stated HIA Victoria Executive Director, Keith Ryan.
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