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10.9 million homes

There were an estimated 10.9 million dwellings in Australia as of June 2022, according to a publication released recently by the Australian Bureau of Statistics (ABS).

Daniel Rossi, ABS Construction Statistics Director said the estimated dwelling stock grew 1.4% over the 2021-22 financial year, with 174,147 additions and 27,216 removals overall.

“At the state level, New South Wales had the largest total estimated stock of dwellings in June 2022, with 3.4 million dwellings”, Rossi said.

“Victoria recorded the largest increase in dwelling stock in 2021-22, with net growth of 50,310 dwellings.

“At a more local level, the area with the largest increase in dwelling stock was Rockbank – Mount Cottrell in Melbourne’s outer west, with net growth of 2,138 dwellings.

“Strathnairn in Canberra’s north-west had the highest growth rate in dwellings, up 62.9%”, he concluded.

About Adam Nobel

CEO | Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA

adam@hugoalexander.com.au

0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 22 years experience in property investment, and 16 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

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