Private sector house approvals reach highest levels since 1999
Private sector house approvals jumped 6.1 per cent over November to reach their highest levels since 1999, figures released by the ABS found.
They've now soared by 40 per cent since June.
Daniel Rossi, director of construction statistics at the ABS, said that Federal and state housing stimulus measures and low interest rates have resulted in strong demand for detached dwellings.
There were 11,489 houses approved for building over November.
Queensland led the way in approvals, up 17 per cent, followed by Western Australia up 7.5 per cent.
South Australia saw 2.8 per cent more private sector houses approved, Victoria 1.5 per cent and New South Wales 0.7 per cent.
Total building approvals were up 2.6 per cent, beating economist forecasts of a two per cent rise.
Over October approvals rose 3.6 per cent.
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey
