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Australia falls 124,000 homes short of housing accord target

Summarised from 2 outlets · Updated 7 Oct, 02:54 · Archive

Australia is 124,000 homes behind on its five-year housing target after two years.

Australia is 124,000 homes behind schedule on its National Housing Accord target, halfway through the five-year period. The country originally aimed to build 1.2 million new dwellings over five years.

To catch up and meet the overall target, Australia now needs to build more than 280,000 homes per year for the remaining time. This represents a significant acceleration from the rate of construction achieved in the first two years of the accord.

Australia falls 124,000 homes short of housing accord target
Image: Perth Now

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In this story: Australia · National Housing Accord

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