Whereas building approvals for new houses remained fairly steady nationally, according to the latest Australian Bureau of Statistics data from June.
“Private sector dwellings excluding houses surged 33.1% in June, marking an 87.1% increase compared to last year,” reports Property Update.
“Meanwhile, private sector house approvals dipped 2.0%, reflecting a cooling in detached home demand. However, the trend data shows a modest 0.3% rise, suggesting stability in this segment.”
Diving into Queensland, we saw 1,933 homes approved in June 2025, a gain on the previous period.
Building approvals are a useful stat to follow because they play a key role in housing affordability. More new homes means more supply and this can ease affordability pressures. Too few new homes creates more competition for existing stock, pushing up prices.
So what are the key take outs from these latest stats?
“This signals a strong appetite for townhouses, apartments, and mixed-use developments, especially in urban and high-density areas,” reports Property Update.
“Builders focusing on single-family homes may find strategic openings in states like Victoria and Queensland, where approvals for private houses rose in trend terms.”
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