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{{propApi.successMessage}} {{region}} Change locationQueensland tops Housing Scorecard
Queensland tops Housing Scorecard
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HIA’s Housing Scorecard benchmarks contemporary levels of activity in each state and territory against long term averages across indicators of home building and renovations activity, lending data and population flows.
“Population flows from overseas and interstate, into both North Queensland and the Southeast corner, have supported home buying activity in the state,” added Mr Tapang.
“Strong demand amid limited supply has led to a rise in residential building activity in Queensland, including both new homes and renovations.
“Following Queensland in these rankings are Western Australia and South Australia, where there is strong ongoing demand for building new homes.
“Exceptionally low unemployment rate, strong population growth and stable interest rates have sustained the key dynamics necessary for strong demand for new home building.
“With this relatively stable macro-dynamic, it will increasingly be state government policies and economic outlooks that will determine the strength of home building over the short to medium term.
“Just as state and local government policies set the limit to the floor in this cycle, the diverging outlook between home building markets will also be determined by the same policy decisions.
“States that are able to offer employment opportunities and more affordable residential land will see a stronger outlook for home building activity in coming years.
“As it stands, the momentum of ongoing population growth and home building in Western Australia could see it top this Scorecard in 2025,” concluded Mr Tapang.
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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.