The Housing Industry Association, the voice of Australia’s residential building industry, this week released the latest edition of its population and residential building hotspots report, providing an overview of Australia’s fastest growing metropolitan and regional areas.
Baldivis ranked eighth in the nation ” and second in WA ” for building and population hotspots with an annual population growth of 15.8 per cent, as well as in excess of $250 million in new dwellings approved.
‘New dwelling commencements in Australia rose to 162,000 during 2012-13, an increase of 11.7 per cent,’ HIA senior economist Shane Garrett said. ‘The long overdue recovery in WA’s new dwelling construction market is behind the State’s impressive showing in the national top 20.’
Construction of new dwellings has flourished across growing Baldivis estates, including Avalon Heights, the Dales, Baldivis Quarter, the Spires and Baldivis North.
While it was a historically strong year for new dwelling construction, Mr Garrett said the spectre of supply side constraints meant new housing activity was starting to ease.
‘Policy makers must do more to ensure that the supply of residential land keeps flowing so that the nation’s housing needs continue to be met,’ he said.