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$vuetify.icons.faPhone1300 650 620

Hunter Region Housing Hotspots Released

Media release

Hunter Region Housing Hotspots Released

Media release
HIA recently revealed Australia’s strongest markets for home building in the 2022 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. Once again the HIA Hunter region was well represented in the report.

“No less than 11 areas of the Hunter region qualify as housing Hotspots based on their strong performance in terms of building approvals and population growth,” commented HIA Executive Director for Hunter, Craig Jennion. 

“Thornton – Millers Forest, is again the HIA Hunter regions number one building hotspot with a population growth rate of 9.3% and $129.2 million in building approvals”. 

“Second on the list, Branxton – Greta – Pokolbin, had a population growth rate of 5.2% and $121.1 million in building approvals”.  

“Third was Warnervale – Wadalba on the Central Coast with a population growth rate of 4.2% and $103.2 million in building approvals”. 

“The report found that whilst Australia’s population growth was constrained due to closed borders the value of building works approved and the growth rates of the local population has been very high locally”.

“COVID-19 has also seen consumer preferences shift away from inner-city apartment style living to detached housing in regional areas. This shift saw more Hunter based areas in this edition of HIA’s Population and Building Hotspots Report,” concluded Mr Jennion.

An area qualifies as a Hotspot in the Hunter Valley and Central Coast region if at least $50 million worth of residential building work was approved during the 2020/21 financial year, and its rate of population growth is faster than the 0.2 per cent national average. 

Below table details the 11 Hunter Region Building and Population Areas. 

Hunter region building and population areas**

**SAs with an excess of $50 million in residential building work approved in 2020/21 and with an annual population growth rate in excess of the national rate of 0.2%
Source: HIA Economics

Statistical Area Level 2 Statistical Area Level 4 Residential Building Approved 2020/21
($'000)
Annual Population Growth Rate (%)
1 Thornton - Millers Forest Hunter Valley exc Newcastle 129,178 9.3
2 Branxton - Greta - Pokolbin Hunter Valley exc Newcastle 121,123 5.2
3 Warnervale - Wadalba Central Coast 103,187 4.2
4 Kurri Kurri - Abermain Hunter Valley exc Newcastle 91,603 3.8
5 Maitland - West Hunter Valley exc Newcastle 144,764 3.7
6 Williamtown - Medowie - Karuah Hunter Valley exc Newcastle 94,731 3.4 
7 Newcastle - Cooks Hill Newcastle and Lake Macquarie 93,539 3.3
8 Edgeworth - Cameron Park Newcastle and Lake Macquarie  67,931 3.1
9 Morisset - Cooranbong Newcastle and Lake Macquarie 77,222 2.9
10 Warners Bay - Boolaroo Newcastle and Lake Macquarie 69,248 2.3
11 Maryland - Fletcher - Minmi Newcastle and Lake Macquarie 50,557 2.3

For more information please contact:

Craig Jennion

Executive Director - Hunter
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