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{{propApi.successMessage}} {{region}} Change locationHome building hotspots in the Hunter revealed
Home building hotspots in the Hunter revealed
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HIA today revealed Australia’s strongest markets for home building in the 2024 edition of the HIA Population and Residential Building Hotspots Report. The Report identifies Australia’s fastest-growing suburbs and regional ‘hotspots’ based on population growth and also indicates areas with high levels of building activity and, therefore, employment for the building industry.
The National Hotspots list is determined if an area (Statistical Area Level 2) recorded at least $200 million in new residential building approvals in 2022/23, and its population grew faster than the national growth rate of 2.4 per cent.
The Hunter Region Hotspots list uses the same minimum population growth rate of 2.4 per cent and a threshold in approvals of $50 million.
“Branxton - Greta - Pokolbin makes it to the NSW Top 10 List, after recording $216.3 million in residential building approvals in 2022/23 and a population growth rate of 6.2 per cent. This area saw an approvals dollar value increase of 48.43 per cent.
“While the other areas that made it to the Hunter List did not meet the national threshold of $200 million, they represent areas in the Hunter Region that are seeing a population and home building boom.
“Second on the Hunter List was Thornton - Millers Forest, with $112.6 million in residential building approvals in 2022/23, as well as a population growth rate of 5.8 per cent.
“Third place went to Morisset - Corranbong, with a population growth rate of 3.8 per cent in 2022/23 and residential building approvals totalling $139.4 million.
“The report found that the prohibitively high cost of housing in some of Australia’s capital cities is forcing residents out to areas with better economic and home ownership opportunities such as the Hunter and Central Coast,” concluded Mr Jennion.
Below are a table and map detailing the 8 HIA Hunter Region Building and Population Areas.
For more information please contact:
More complying development means more keys in doors
“Expanding complying development will speed-up the delivery of keys in doors to new homes sooner,” said Brad Armitage HIA Executive Director NSW.
Are your potential clients looking for support to build a new home?
Over the past few years, the Federal Government has made a number of commitments to support homeowners into the dream of homeownership. The ‘Help to Buy Program’ is one of these commitments.
RBA misses opportunity
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
Housing and Productivity Contribution Scheme Works-in-Kind Guideline
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.