MEDIA RELEASE: Australia is already over 15,000 homes behind just three months into the 1.2 million homes by 2029 national housing target, according to seasonally adjusted numbers released today by the Australian Bureau of Statistics.
To meet the National Housing Accord’s 2029 target, 60,000 new homes are needed every quarter. In the September quarter – the first three months since the Housing Accord kicked off on 1 July 2024 – only 44,884 homes were built across Australia.
Dwelling Completions compared to housing targets shows Queensland is 33% behind its quarterly target.
