ABS Reveals 174,000 Homes Delivered in Accord’s First Year
A year after the National Housing Accord targets were set, Australia has fallen short of the targets. New data from the Australian Bureau of Statistics shows that in the first full year of the accord, only 174,000 new homes were delivered, well below the target of 240,000.
The June 2025 quarter produced just 40,254 new homes, down 6.5 per cent on the previous quarter and 12.5 per cent below the same quarter a year earlier. Detached house starts declined 6.4 per cent to their weakest quarter since March 2024, while higher density home starts fell by 1.7 per cent.
The states with the largest shortfalls were:
- Queensland, down 38 per cent
- New South Wales, down 36 per cent
- Victoria, down 23 per cent
Master Builders Australia chief executive Denita Wawn described the results as a “needs improvement report card” for the accord.
Author's summary: Australia falls short of housing targets.
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