{{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location {{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change locationDetached building approvals lift in October
Detached building approvals lift in October
Member and guest login
Enter your email and password to access secured content, members only resources and discount prices.
Did you become a member online? If not, you will need to activate your account to login.
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
Forgotten password
Need some help?
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
If the email address you have entered is registered, you will receive an email with further instructions.
Become part of the HIA community
Enables quick and easy registration for future events or learning and grants access to expert advice and valuable resources.
Create a guest account
Enter your details below and create a login
Send me exclusive tips, early access to new launches, and special offers. I can change my mind at any time.
By clicking Get started now you agree to the terms and conditions and privacy policy.
The Australian Bureau of Statistics today released its monthly building approvals data for detached and multi-units data covering all states and territories.
“Approvals for detached homes in the three months to October 2021 increased by 5.6 per cent compared with the same period in the previous year,” added Mr Devitt.
“Ongoing strong sales and approvals numbers continue to confirm that detached home building will remain elevated throughout 2022. A change in consumer preference is now the main force driving this demand.
“The value of renovations approved also remains elevated. The last 12 months has seen the value of renovations approved increase by 37.3 per cent on the previous year.
“Multi-unit approvals numbers have been solid in recent months but fell away sharply in October with a 36.1 per cent decline. Multi-unit approvals in New South Wales and Victoria fell by 48.6 per cent and 15.8 per cent respectively, in the month of October. The sharp decline in multi-unit approvals in October could be an implication of the lockdowns in Sydney and Melbourne earlier in the year.
“Despite this, multi-unit starts in the last three months were 24.0 per cent higher than at the same time the previous year when COVID adversely impacted the multi-unit market.
“The multi-units market depends heavily on overseas migrants, tourists and students. The re-opening of international borders is crucial to the prospects of this sector,” concluded Mr Devitt.
In seasonally adjusted terms, total residential building approvals increased in the three months to October 2021 compared to the same time in 2020 in most states. New South Wales led the pack (+28.1 per cent), followed by South Australia (+20.7 per cent), Queensland (+8.3 per cent), and Victoria (+6.7 per cent). Declines occurred in Western Australia (-5.7 per cent) and Tasmania (-19.3 per cent). In original terms, building approvals increased in the Australian Capital Territory (+38.5 per cent) and declined in the Northern Territory (-50.8 per cent).
For more information please contact:
Budget unleashes AI to break housing and environmental approval bottlenecks
“The Housing Industry Association (HIA) welcomes today’s Federal Budget announcement of a half a billion dollar investment to modernise environmental approvals that will help deliver a faster, technology enabled and fit for purpose system that supports urgently needed housing supply,” said HIA Managing Director, Jocelyn Martin.
Housing infrastructure spend welcomed by industry
The Housing Industry Association (HIA) has welcomed the news that the 2026/27 Federal Budget will invest an additional $2 billion over four years to fund critical infrastructure, which will support the construction of up to 65,000 new homes.
Why restricting negative gearing for new homes doesn't increase the supply of new homes!
The Housing Industry Association has warned that recycled proposals to restrict negative gearing or reduce the capital gains tax discount risk worsening Australia’s housing shortage by reducing investment into new housing supply.
Federal Budget to deliver productivity boost for Housing and Small Business
The Federal Government today outlined a strong productivity focused agenda in this year’s Federal Budget, with targeted measures to support housing delivery and small business growth — reflecting long standing advocacy from the Housing Industry Association (HIA).