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{{propApi.successMessage}} {{region}} Change locationDemand for housing continues to outpace supply
Demand for housing continues to outpace supply
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The ABS today released its national, state and territory population data for the March quarter 2025, covering births, deaths and migration.
“Australia took in a net inflow of 110,060 overseas migrants in the first quarter of the year, bringing the net inflow for the last 12 months to a total of 315,920,” added Mr Reardon.
“While this represents a continued moderation from earlier inflows, it is still well above the pre-pandemic decade average of less than 220,000.
“Moreover, leading indicators have been suggesting that Australian population growth, on the back of overseas migration, is likely to remain elevated compared to historical averages.
“The home building industry in Australia needs stable and reliable population settings, not the bust and boom settings seen over the last five years.
“HIA supports a managed migration system that delivers adequate skilled migrants in construction and building professions and trades to meet Australia’s ongoing housing needs.
“Volatile migration flows lead to undesirable economic, social and business outcomes.
“The Australian government creates housing demand through immigration, while state and local governments are responsible for housing supply and the price of homes reflects their ability to work cooperatively.
“The goal of stable and reliable migration pathways has not been balanced with the removal of restrictions on new home building necessary to meet demand.
“The Australian government’s Home Guarantee Scheme to help first home buyers into the market, and the streamlining of state planning systems, are welcome steps in the right direction.
“With time, more supply will be delivered as a result of recent policy announcements,” concluded Mr Reardon.
Several states and territories are now above their pre-pandemic decade population trajectories, led by Western Australia (+142,300) and Queensland (+137,060), particularly impressive for Western Australia with just half the total population of Queensland.
This is followed by South Australia (+47,520), Tasmania (+15,060), the Australian Capital Territory (+4,850) and the Northern Territory (+2,600). New South Wales (-66,640) and Victoria (-198,510) are still below their pre-pandemic decade population trajectories.
Permanent & Long Term Arrivals vs Net Overseas Migration
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New rules add thousands to the cost of a new home as Tasmania falls years behind on housing
From today, every new home built in Tasmania must meet the full Livable Housing Design requirements. The Housing Industry Association says this adds thousands of dollars to the cost of building a home, at a time when Tasmanians can least afford it.
Rules for managing the risk of falls have changed - are you up to date?
Changes to Western Australia's requirements for managing the risks of falls will commence on 1 October 2026, introducing new expectations for builders, contractors and workers undertaking tasks where there is a risk of falling.
Livable Housing Design: final stage now in force
As of today, 1 October 2026, all new building work in Tasmania, unless exempt, must comply with all requirements of Part H8 Livable Housing Design of NCC Volume Two.
ACT housing approvals slump puts 2030 target under pressure
“The ACT’s housing supply pipeline is weakening, with building approvals in the three months to August halving compared with a year earlier,” said HIA Executive Director ACT and Southern NSW, Geordan Murray.