Australia Private House Approvals Rise 0.2%

Private house approvals in Australia rose by 0.9% month-on-month to 10,194 units in March 2026, easing from an upwardly revised 2% growth in February, preliminary estimates showed. This marked the fifth consecutive monthly gain, although it was the softest in the current sequence. Regionally, private sector house approvals increased in New South Wales (+9.5%) and Queensland (+7.2%), while declining in Victoria (-2.5%), South Australia (-6.2%), and Western Australia (-8.6%). On an annual basis, private house approvals climbed 12%, accelerating from a 9.3% increase in the previous month.

Private house approvals in Australia rose by 0.2% month-on-month to 9,847 units in February, confirming preliminary estimates, following a 1.7% increase in the previous period. This marked the fourth straight monthly gain, albeit the softest in the current sequence. Across the region, private sector houses increased in New South Wales (+13.7%), Victoria (+7.7%), and South Australia (+5.8%). Meanwhile, private house permits declined in Queensland (-13.4%) and Western Australia (-7.1%). On an annual basis, private house approvals rose 6.1%, easing from an 8% increase in January.

Private house approvals in Australia grew 0.2% month-on-month to 9,847 units in February 2026, preliminary estimates showed, following an upwardly revised 1.7% rise in the previous month. This was the fourth consecutive monthly increase, highlighting continued demand for detached housing. Approvals for private sector houses were mixed: New South Wales (13.7%), Victoria (7.7%), and South Australia (5.8%) rose, while Queensland (-13.4%), and Western Australia (-7.1%) fell. On an annual basis, private house approvals increased 6.1% in February, following an upwardly revised 8.0% rise in January.