Housing starts in Australia 2006-2024, with forecasts until 2029

Published by
Fernando de Querol Cumbrera,
Oct 23, 2024

In the financial year ending in the second quarter of 2024, there were roughly 158,690 housing units whose construction started in Australia. That was the lowest value since 2012. However, it is forecast that the number of housing starts will rise sharply in the coming years.

Number of housing units started in Australia from financial year 2006 to 2024, with forecasts until 2029

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Release date

October 2024

Region

Australia

Survey time period

2006 to 2024

Special properties

*Forecasts.

Supplementary notes

Figures for the financial year starting in the third quarter and finishing in the second quarter of each year.

The annual figures from 2006 to 2024 were calculated by Statista using quarterly figures from the Australian Bureau of Statistics. Meanwhile, the forecast was obtained from a report by Master Builders Australia, page 11.

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