Housing Density Report 2016

financial indicator series

09 March 2016

Medium density homes overtake stand-alone for the first time

Approvals for medium density housing have overtaken stand-alone homes for the first time, according to new research from Bankwest.

The Bankwest Housing Density Report - the latest instalment from the Bankwest Financial Indicator Series - revealed in the year to October 2015, there were 117,552 building approvals for medium density housing compared with 115,634 for freestanding homes.

The report – which each year mostly focusses on the 12 months to November – found the scales then tipped back slightly in favour of stand-alone homes, but the trend towards medium density is clearly gaining momentum.

Download a copy of the full report below:

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