ABS Building Cost & Approval Report (Jul-Oct/2023)

By: OpenLot.com.au | 04 Dec, 2023
ABS Housing Data Report


The Australian Bureau of Statistics (ABS) released its comprehensive Housing Data Report for July to October 2023, offering a glimpse into the real estate landscape across key states—Queensland, New South Wales, Victoria, South Australia, and Western Australia. This invaluable data encompasses various facets, including SA2 Areas, the number of new houses, and the corresponding average building costs. Let's delve into the findings and highlight the standout trends in each state.

QUEENSLAND: Queensland's remarkable growth is evident in these areas, showcasing a blend of high demand and strategic development. It emerges as a thriving hub for new housing developments, with several SA2 areas taking the lead. The areas with the highest number of new houses built are as follows:

 SA2 AreasNew housesAverage building cost
2Caloundra West - Baringa230$384,739
3Chambers Flat - Logan Reserve158$332,620
4Greenbank - North Maclean152$375,737


NEW SOUTH WALES: Moving to New South Wales, the top SA2 areas are setting a benchmark for new houses and average building costs. It stands out with a mix of suburban charm and upscale living in these areas:

 SA2 AreasNew housesAverage building cost
1Austral - Greendale340$372,159
2Box Hill - Nelson301$470,276
3Marsden Park - Shanes Park251$446,327
4Branxton - Greta - Pokolbin147$423,660
5Douglas Park - Appin117$481,957


SOUTH AUSTRALIA: South Australia's diverse offerings cater to a wide range of preferences and budgets. In South Australia, the top SA2 areas are witnessing notable growth, with affordability playing a key role:

 SA2 AreasNew housesAverage building cost
1Munno Para West - Angle Vale211$308,280
2Mount Barker154$346,786
3Davoren Park116$280,733
4Virginia - Waterloo Corner104$322,798


WESTERN AUSTRALIA: Western Australia showcases a dynamic real estate scene, with a focus on innovation and modern living. In Western Australia, certain SA2 areas are spearheading the real estate landscape, emphasizing a balance between new houses and building costs:

 SA2 AreasNew housesAverage building cost
1Alkimos - Eglinton219$346,233
2Brabham - Henley Brook132$309,947
3Baldivis - North117$309,316
4Mandurah - North105$356,752

VICTORIA: Victoria's top SA2 areas cater to a diverse population, blending urban convenience with suburban tranquility. Victoria's SA2 areas are thriving, offering a diverse range of housing options with varying price points:

 SA2 AreasNew housesAverage building cost
1Fraser Rise - Plumpton435$362,336
2Clyde North - South400$393,183
3Rockbank - Mount Cottrell368$365,158
4Mickleham - Yuroke308$337,870
5Cranbourne South255$350,667


The ABS Housing Data Report provides a comprehensive overview of the real estate landscape in key Australian states. Whether you're looking for affordability, luxury, or a mix of both, these SA2 areas offer valuable insights into the evolving housing market. As the real estate landscape continues to transform, staying informed about these trends will be crucial for homebuyers, investors, and industry professionals alike.

Explore the full list below:


ABS Data - QLD


New South Wales

ABS Data - NSW


South Australia

ABS Data - SA


Western Australia

ABS Data - WA



ABS Data - VIC