Desperate Markets | MCG
Today's tight markets, and whether relief is coming
SA3 markets where it is hard to buy and hard to rent right now — ranked by desperation — and flagged by the direction of the construction pipeline. Every metric shown is segment-specific: units are measured against unit stock, houses against house stock. Click any row for the MCG Building Index trajectory.
Supply Worsening · segment approvals ↓ >10% YoY
Supply Stable · segment approvals ±10% YoY
Supply Improving · segment approvals ↑ >10% YoY
National Leaderboard
The 10 most desperately tight SA3 markets in Australia
Ranked by a nationally-comparable z-score combining segment vacancy, segment inventory, and rolling-12-month segment approvals as a share of segment-specific Census stock. These are the ten places where it is simultaneously hardest to find stock and least likely the pipeline rescues you quickly.
#01
Kalamunda 🏢 Units
WA · Greater Perth · 21,070 dwellings
Vacancy0.00%Units · 1,144 stock
Inventory0.6 moUnits segment
Seg Approvals / Stock0.61%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -30.0% YoY
Kalamunda · MCG Building Index trajectory
2021 Total21,070
Houses19,926
Units1,144
Latest0.87%
Composite
Houses
Units
#02
Mudgeeraba - Tallebudgera 🏢 Units
QLD · Rest of Qld · 11,284 dwellings
Vacancy4.17%Units · 1,880 stock
Inventory0.7 moUnits segment
Seg Approvals / Stock0.32%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -40.0% YoY
Mudgeeraba - Tallebudgera · MCG Building Index trajectory
2021 Total11,284
Houses9,404
Units1,880
Latest0.68%
Composite
Houses
Units
#03
Armadale 🏢 Units
WA · Greater Perth · 32,291 dwellings
Vacancy0.00%Units · 3,027 stock
Inventory0.4 moUnits segment
Seg Approvals / Stock1.55%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +291.7% YoY
Armadale · MCG Building Index trajectory
2021 Total32,291
Houses29,264
Units3,027
Latest3.90%
Composite
Houses
Units
#04
Campaspe 🏢 Units
VIC · Rest of Vic. · 14,908 dwellings
Vacancy0.00%Units · 1,262 stock
Inventory1.8 moUnits segment
Seg Approvals / Stock0.00%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -100.0% YoY
Campaspe · MCG Building Index trajectory
2021 Total14,908
Houses13,646
Units1,262
Latest1.38%
Composite
Houses
Units
#05
East Pilbara 🏢 Units
WA · Rest of WA · 6,332 dwellings
Vacancy5.17%Units · 1,422 stock
Inventory1.3 moUnits segment
Seg Approvals / Stock0.00%12mo · units only
Supply Stable
Segment approvals broadly flat YoY · n/a
East Pilbara · MCG Building Index trajectory
2021 Total6,332
Houses4,910
Units1,422
Latest0.66%
Composite
Houses
Units
#06
Kwinana 🏢 Units
WA · Greater Perth · 15,649 dwellings
Vacancy0.00%Units · 1,087 stock
Inventory1.7 moUnits segment
Seg Approvals / Stock0.37%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -88.6% YoY
Kwinana · MCG Building Index trajectory
2021 Total15,649
Houses14,562
Units1,087
Latest5.48%
Composite
Houses
Units
#07
Richmond - Windsor 🏢 Units
NSW · Greater Sydney · 13,039 dwellings
Vacancy0.00%Units · 2,621 stock
Inventory1.0 moUnits segment
Seg Approvals / Stock1.49%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +30.0% YoY
Richmond - Windsor · MCG Building Index trajectory
2021 Total13,039
Houses10,418
Units2,621
Latest1.10%
Composite
Houses
Units
#08
Canning 🏢 Units
WA · Greater Perth · 34,634 dwellings
Vacancy1.67%Units · 7,460 stock
Inventory1.2 moUnits segment
Seg Approvals / Stock0.91%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -19.0% YoY
Canning · MCG Building Index trajectory
2021 Total34,634
Houses27,174
Units7,460
Latest1.24%
Composite
Houses
Units
#09
Richmond Valley - Hinterland 🏢 Units
NSW · Rest of NSW · 27,060 dwellings
Vacancy4.44%Units · 3,223 stock
Inventory1.0 moUnits segment
Seg Approvals / Stock0.90%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -25.6% YoY
Richmond Valley - Hinterland · MCG Building Index trajectory
2021 Total27,060
Houses23,837
Units3,223
Latest0.48%
Composite
Houses
Units
#10
Joondalup 🏢 Units
WA · Greater Perth · 57,593 dwellings
Vacancy4.69%Units · 6,396 stock
Inventory0.9 moUnits segment
Seg Approvals / Stock1.02%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -33.7% YoY
Joondalup · MCG Building Index trajectory
2021 Total57,593
Houses51,197
Units6,396
Latest0.72%
Composite
Houses
Units
Segment Eligibility
Either house stock or unit stock ≥1,000 Census 2021 dwellings
Segment Selection
Whichever eligible segment is tighter on combined vacancy + inventory
Inventory Gate
Segment months of supply < 3.0
Approvals Cap
Segment 12mo approvals < 3.0% of segment stock
STATE-BY-STATE · Top 10 large states · Top 3 small states
NSW
New South Wales
Greater Sydney & fringe
4 Worsening1 Stable5 Improving
01
Richmond - Windsor 🏢 Units
Greater Sydney · 13,039 dwellings
Vacancy0.00%Units · 2,621 stock
Inventory1.0 moUnits segment
Seg Approvals / Stock1.49%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +30.0% YoY
Richmond - Windsor · MCG Building Index trajectory
2021 Total13,039
Houses10,418
Units2,621
Latest1.10%
Composite
Houses
Units
02
Sutherland - Menai - Heathcote 🏠 Houses
Greater Sydney · 38,679 dwellings
Vacancy0.00%Houses · 27,288 stock
Inventory2.3 moHouses segment
Seg Approvals / Stock0.27%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · -2.6% YoY
Sutherland - Menai - Heathcote · MCG Building Index trajectory
2021 Total38,679
Houses27,288
Units11,391
Latest0.70%
Composite
Houses
Units
03
Richmond Valley - Hinterland 🏢 Units
Rest of NSW · 27,060 dwellings
Vacancy4.44%Units · 3,223 stock
Inventory1.0 moUnits segment
Seg Approvals / Stock0.90%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -25.6% YoY
Richmond Valley - Hinterland · MCG Building Index trajectory
2021 Total27,060
Houses23,837
Units3,223
Latest0.48%
Composite
Houses
Units
04
Blue Mountains 🏢 Units
Greater Sydney · 30,349 dwellings
Vacancy0.00%Units · 2,300 stock
Inventory2.8 moUnits segment
Seg Approvals / Stock0.35%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -65.2% YoY
Blue Mountains · MCG Building Index trajectory
2021 Total30,349
Houses28,049
Units2,300
Latest0.36%
Composite
Houses
Units
05
Mount Druitt 🏢 Units
Greater Sydney · 34,123 dwellings
Vacancy0.85%Units · 6,584 stock
Inventory2.3 moUnits segment
Seg Approvals / Stock0.71%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +42.4% YoY
Mount Druitt · MCG Building Index trajectory
2021 Total34,123
Houses27,539
Units6,584
Latest0.98%
Composite
Houses
Units
06
Upper Hunter 🏢 Units
Rest of NSW · 11,357 dwellings
Vacancy0.00%Units · 1,073 stock
Inventory2.1 moUnits segment
Seg Approvals / Stock1.49%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +166.7% YoY
Upper Hunter · MCG Building Index trajectory
2021 Total11,357
Houses10,284
Units1,073
Latest1.06%
Composite
Houses
Units
07
Warringah 🏢 Units
Greater Sydney · 55,474 dwellings
Vacancy2.20%Units · 23,450 stock
Inventory2.2 moUnits segment
Seg Approvals / Stock0.34%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -81.4% YoY
Warringah · MCG Building Index trajectory
2021 Total55,474
Houses32,024
Units23,450
Latest0.44%
Composite
Houses
Units
08
Manly 🏢 Units
Greater Sydney · 16,297 dwellings
Vacancy2.13%Units · 10,273 stock
Inventory2.1 moUnits segment
Seg Approvals / Stock0.69%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -37.7% YoY
Manly · MCG Building Index trajectory
2021 Total16,297
Houses6,024
Units10,273
Latest0.64%
Composite
Houses
Units
09
Leichhardt 🏢 Units
Greater Sydney · 22,600 dwellings
Vacancy1.85%Units · 15,769 stock
Inventory1.7 moUnits segment
Seg Approvals / Stock1.71%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +1069.6% YoY
Leichhardt · MCG Building Index trajectory
2021 Total22,600
Houses6,831
Units15,769
Latest1.38%
Composite
Houses
Units
10
St Marys 🏢 Units
Greater Sydney · 18,614 dwellings
Vacancy1.52%Units · 3,379 stock
Inventory1.6 moUnits segment
Seg Approvals / Stock2.04%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +25.5% YoY
St Marys · MCG Building Index trajectory
2021 Total18,614
Houses15,235
Units3,379
Latest1.19%
Composite
Houses
Units
VIC
Victoria
Melbourne middle-ring + regional centres
2 Worsening5 Stable3 Improving
01
Campaspe 🏢 Units
Rest of Vic. · 14,908 dwellings
Vacancy0.00%Units · 1,262 stock
Inventory1.8 moUnits segment
Seg Approvals / Stock0.00%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -100.0% YoY
Campaspe · MCG Building Index trajectory
2021 Total14,908
Houses13,646
Units1,262
Latest1.38%
Composite
Houses
Units
02
Darebin - North 🏠 Houses
Greater Melbourne · 37,305 dwellings
Vacancy0.85%Houses · 22,584 stock
Inventory2.2 moHouses segment
Seg Approvals / Stock0.55%12mo · houses only
Supply Worsening
Segment approvals pipeline contracting · -15.6% YoY
Darebin - North · MCG Building Index trajectory
2021 Total37,305
Houses22,584
Units14,721
Latest2.56%
Composite
Houses
Units
03
Brunswick - Coburg 🏠 Houses
Greater Melbourne · 37,714 dwellings
Vacancy0.90%Houses · 17,523 stock
Inventory2.4 moHouses segment
Seg Approvals / Stock0.43%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · +5.6% YoY
Brunswick - Coburg · MCG Building Index trajectory
2021 Total37,714
Houses17,523
Units20,191
Latest1.94%
Composite
Houses
Units
04
Banyule 🏠 Houses
Greater Melbourne · 47,579 dwellings
Vacancy0.00%Houses · 36,194 stock
Inventory2.6 moHouses segment
Seg Approvals / Stock0.64%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · +8.5% YoY
Banyule · MCG Building Index trajectory
2021 Total47,579
Houses36,194
Units11,385
Latest2.13%
Composite
Houses
Units
05
Brimbank 🏠 Houses
Greater Melbourne · 60,636 dwellings
Vacancy2.14%Houses · 49,371 stock
Inventory2.1 moHouses segment
Seg Approvals / Stock0.32%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · +2.6% YoY
Brimbank · MCG Building Index trajectory
2021 Total60,636
Houses49,371
Units11,265
Latest0.73%
Composite
Houses
Units
06
Knox 🏠 Houses
Greater Melbourne · 57,362 dwellings
Vacancy0.65%Houses · 47,867 stock
Inventory2.5 moHouses segment
Seg Approvals / Stock0.67%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +12.3% YoY
Knox · MCG Building Index trajectory
2021 Total57,362
Houses47,867
Units9,495
Latest1.11%
Composite
Houses
Units
07
Ballarat 🏢 Units
Rest of Vic. · 45,219 dwellings
Vacancy0.00%Units · 6,459 stock
Inventory2.1 moUnits segment
Seg Approvals / Stock2.14%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +84.0% YoY
Ballarat · MCG Building Index trajectory
2021 Total45,219
Houses38,760
Units6,459
Latest2.16%
Composite
Houses
Units
08
Whitehorse - East 🏠 Houses
Greater Melbourne · 22,991 dwellings
Vacancy0.72%Houses · 16,783 stock
Inventory2.7 moHouses segment
Seg Approvals / Stock0.91%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +30.8% YoY
Whitehorse - East · MCG Building Index trajectory
2021 Total22,991
Houses16,783
Units6,208
Latest1.08%
Composite
Houses
Units
09
Darebin - South 🏠 Houses
Greater Melbourne · 21,762 dwellings
Vacancy0.79%Houses · 11,044 stock
Inventory2.9 moHouses segment
Seg Approvals / Stock0.68%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · +7.1% YoY
Darebin - South · MCG Building Index trajectory
2021 Total21,762
Houses11,044
Units10,718
Latest0.66%
Composite
Houses
Units
10
Dandenong 🏠 Houses
Greater Melbourne · 63,978 dwellings
Vacancy1.20%Houses · 46,280 stock
Inventory2.9 moHouses segment
Seg Approvals / Stock0.49%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · -0.9% YoY
Dandenong · MCG Building Index trajectory
2021 Total63,978
Houses46,280
Units17,698
Latest1.08%
Composite
Houses
Units
QLD
Queensland
SEQ corridor + Brisbane middle-ring
4 Worsening3 Stable3 Improving
01
Mudgeeraba - Tallebudgera 🏢 Units
Rest of Qld · 11,284 dwellings
Vacancy4.17%Units · 1,880 stock
Inventory0.7 moUnits segment
Seg Approvals / Stock0.32%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -40.0% YoY
Mudgeeraba - Tallebudgera · MCG Building Index trajectory
2021 Total11,284
Houses9,404
Units1,880
Latest0.68%
Composite
Houses
Units
02
Nathan 🏢 Units
Greater Brisbane · 14,497 dwellings
Vacancy0.81%Units · 3,232 stock
Inventory2.2 moUnits segment
Seg Approvals / Stock0.09%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -57.1% YoY
Nathan · MCG Building Index trajectory
2021 Total14,497
Houses11,265
Units3,232
Latest0.86%
Composite
Houses
Units
03
Nambour 🏢 Units
Rest of Qld · 17,808 dwellings
Vacancy0.00%Units · 2,856 stock
Inventory1.8 moUnits segment
Seg Approvals / Stock1.58%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -49.4% YoY
Nambour · MCG Building Index trajectory
2021 Total17,808
Houses14,952
Units2,856
Latest1.36%
Composite
Houses
Units
04
Central Highlands (Qld) 🏢 Units
Rest of Qld · 9,300 dwellings
Vacancy2.56%Units · 1,124 stock
Inventory2.4 moUnits segment
Seg Approvals / Stock0.27%12mo · units only
Supply Stable
Segment approvals broadly flat YoY · n/a
Central Highlands (Qld) · MCG Building Index trajectory
2021 Total9,300
Houses8,176
Units1,124
Latest0.27%
Composite
Houses
Units
05
Buderim 🏢 Units
Rest of Qld · 21,296 dwellings
Vacancy1.92%Units · 5,519 stock
Inventory1.8 moUnits segment
Seg Approvals / Stock1.59%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +266.7% YoY
Buderim · MCG Building Index trajectory
2021 Total21,296
Houses15,777
Units5,519
Latest0.75%
Composite
Houses
Units
06
Robina 🏠 Houses
Rest of Qld · 19,830 dwellings
Vacancy0.00%Houses · 10,093 stock
Inventory2.8 moHouses segment
Seg Approvals / Stock0.10%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +42.9% YoY
Robina · MCG Building Index trajectory
2021 Total19,830
Houses10,093
Units9,737
Latest1.61%
Composite
Houses
Units
07
Springwood - Kingston 🏢 Units
Greater Brisbane · 26,327 dwellings
Vacancy1.02%Units · 5,771 stock
Inventory2.7 moUnits segment
Seg Approvals / Stock0.17%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -47.4% YoY
Springwood - Kingston · MCG Building Index trajectory
2021 Total26,327
Houses20,556
Units5,771
Latest0.46%
Composite
Houses
Units
08
Chermside 🏠 Houses
Greater Brisbane · 29,359 dwellings
Vacancy0.93%Houses · 19,866 stock
Inventory2.5 moHouses segment
Seg Approvals / Stock0.83%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · +0.6% YoY
Chermside · MCG Building Index trajectory
2021 Total29,359
Houses19,866
Units9,493
Latest1.22%
Composite
Houses
Units
09
Mackay 🏢 Units
Rest of Qld · 42,306 dwellings
Vacancy2.26%Units · 5,891 stock
Inventory2.6 moUnits segment
Seg Approvals / Stock0.63%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +270.0% YoY
Mackay · MCG Building Index trajectory
2021 Total42,306
Houses36,415
Units5,891
Latest1.29%
Composite
Houses
Units
10
Brisbane Inner - North 🏠 Houses
Greater Brisbane · 42,623 dwellings
Vacancy1.09%Houses · 15,564 stock
Inventory2.7 moHouses segment
Seg Approvals / Stock0.66%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · -6.4% YoY
Brisbane Inner - North · MCG Building Index trajectory
2021 Total42,623
Houses15,564
Units27,059
Latest1.76%
Composite
Houses
Units
WA
Western Australia
Greater Perth tightness
6 Worsening1 Stable3 Improving
01
Kalamunda 🏢 Units
Greater Perth · 21,070 dwellings
Vacancy0.00%Units · 1,144 stock
Inventory0.6 moUnits segment
Seg Approvals / Stock0.61%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -30.0% YoY
Kalamunda · MCG Building Index trajectory
2021 Total21,070
Houses19,926
Units1,144
Latest0.87%
Composite
Houses
Units
02
Armadale 🏢 Units
Greater Perth · 32,291 dwellings
Vacancy0.00%Units · 3,027 stock
Inventory0.4 moUnits segment
Seg Approvals / Stock1.55%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +291.7% YoY
Armadale · MCG Building Index trajectory
2021 Total32,291
Houses29,264
Units3,027
Latest3.90%
Composite
Houses
Units
03
Kwinana 🏢 Units
Greater Perth · 15,649 dwellings
Vacancy0.00%Units · 1,087 stock
Inventory1.7 moUnits segment
Seg Approvals / Stock0.37%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -88.6% YoY
Kwinana · MCG Building Index trajectory
2021 Total15,649
Houses14,562
Units1,087
Latest5.48%
Composite
Houses
Units
04
Canning 🏢 Units
Greater Perth · 34,634 dwellings
Vacancy1.67%Units · 7,460 stock
Inventory1.2 moUnits segment
Seg Approvals / Stock0.91%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -19.0% YoY
Canning · MCG Building Index trajectory
2021 Total34,634
Houses27,174
Units7,460
Latest1.24%
Composite
Houses
Units
05
East Pilbara 🏢 Units
Rest of WA · 6,332 dwellings
Vacancy5.17%Units · 1,422 stock
Inventory1.3 moUnits segment
Seg Approvals / Stock0.00%12mo · units only
Supply Stable
Segment approvals broadly flat YoY · n/a
East Pilbara · MCG Building Index trajectory
2021 Total6,332
Houses4,910
Units1,422
Latest0.66%
Composite
Houses
Units
06
Albany 🏢 Units
Rest of WA · 22,900 dwellings
Vacancy0.00%Units · 1,553 stock
Inventory1.8 moUnits segment
Seg Approvals / Stock0.97%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -50.0% YoY
Albany · MCG Building Index trajectory
2021 Total22,900
Houses21,347
Units1,553
Latest1.74%
Composite
Houses
Units
07
Gosnells 🏢 Units
Greater Perth · 42,465 dwellings
Vacancy2.38%Units · 4,550 stock
Inventory0.5 moUnits segment
Seg Approvals / Stock2.55%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +61.1% YoY
Gosnells · MCG Building Index trajectory
2021 Total42,465
Houses37,915
Units4,550
Latest1.59%
Composite
Houses
Units
08
Joondalup 🏢 Units
Greater Perth · 57,593 dwellings
Vacancy4.69%Units · 6,396 stock
Inventory0.9 moUnits segment
Seg Approvals / Stock1.02%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -33.7% YoY
Joondalup · MCG Building Index trajectory
2021 Total57,593
Houses51,197
Units6,396
Latest0.72%
Composite
Houses
Units
09
Bunbury 🏢 Units
Rest of WA · 39,486 dwellings
Vacancy0.00%Units · 4,325 stock
Inventory1.7 moUnits segment
Seg Approvals / Stock1.48%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +190.9% YoY
Bunbury · MCG Building Index trajectory
2021 Total39,486
Houses35,161
Units4,325
Latest1.94%
Composite
Houses
Units
10
Bayswater - Bassendean 🏢 Units
Greater Perth · 34,039 dwellings
Vacancy5.08%Units · 9,282 stock
Inventory1.6 moUnits segment
Seg Approvals / Stock0.38%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -52.7% YoY
Bayswater - Bassendean · MCG Building Index trajectory
2021 Total34,039
Houses24,757
Units9,282
Latest1.06%
Composite
Houses
Units
SA
South Australia
Inner-eastern Adelaide
1 Worsening2 Stable
01
Eyre Peninsula and South West 🏢 Units
Rest of SA · 22,433 dwellings
Vacancy7.69%Units · 5,250 stock
Inventory1.4 moUnits segment
Seg Approvals / Stock0.17%12mo · units only
Supply Stable
Segment approvals broadly flat YoY · +0.0% YoY
Eyre Peninsula and South West · MCG Building Index trajectory
2021 Total22,433
Houses17,183
Units5,250
Latest0.66%
Composite
Houses
Units
02
Norwood - Payneham - St Peters 🏢 Units
Greater Adelaide · 15,875 dwellings
Vacancy6.06%Units · 7,648 stock
Inventory1.5 moUnits segment
Seg Approvals / Stock0.63%12mo · units only
Supply Worsening
Segment approvals pipeline contracting · -76.2% YoY
Norwood - Payneham - St Peters · MCG Building Index trajectory
2021 Total15,875
Houses8,227
Units7,648
Latest1.01%
Composite
Houses
Units
03
Mitcham 🏠 Houses
Greater Adelaide · 24,549 dwellings
Vacancy12.15%Houses · 19,388 stock
Inventory1.8 moHouses segment
Seg Approvals / Stock0.79%12mo · houses only
Supply Stable
Segment approvals broadly flat YoY · -7.2% YoY
Mitcham · MCG Building Index trajectory
2021 Total24,549
Houses19,388
Units5,161
Latest0.79%
Composite
Houses
Units
TAS
Tasmania
Thin markets
2 Stable1 Improving
01
Devonport 🏢 Units
Rest of Tas. · 19,085 dwellings
Vacancy2.08%Units · 1,669 stock
Inventory2.1 moUnits segment
Seg Approvals / Stock0.60%12mo · units only
Supply Stable
Segment approvals broadly flat YoY · n/a
Devonport · MCG Building Index trajectory
2021 Total19,085
Houses17,416
Units1,669
Latest1.02%
Composite
Houses
Units
02
Hobart Inner 🏢 Units
Greater Hobart · 21,313 dwellings
Vacancy8.17%Units · 6,502 stock
Inventory2.5 moUnits segment
Seg Approvals / Stock0.26%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +183.3% YoY
Hobart Inner · MCG Building Index trajectory
2021 Total21,313
Houses14,811
Units6,502
Latest0.74%
Composite
Houses
Units
03
Launceston 🏢 Units
Rest of Tas. · 34,466 dwellings
Vacancy8.53%Units · 6,067 stock
Inventory2.5 moUnits segment
Seg Approvals / Stock0.25%12mo · units only
Supply Stable
Segment approvals broadly flat YoY · n/a
Launceston · MCG Building Index trajectory
2021 Total34,466
Houses28,399
Units6,067
Latest0.90%
Composite
Houses
Units
NT
Northern Territory
Darwin belt
3 Improving
01
Palmerston 🏢 Units
Greater Darwin · 12,286 dwellings
Vacancy6.33%Units · 2,945 stock
Inventory0.6 moUnits segment
Seg Approvals / Stock1.80%12mo · units only
Supply Improving
Segment approvals pipeline expanding · +39.5% YoY
Palmerston · MCG Building Index trajectory
2021 Total12,286
Houses9,341
Units2,945
Latest1.77%
Composite
Houses
Units
02
Litchfield 🏠 Houses
Greater Darwin · 5,875 dwellings
Vacancy3.33%Houses · 5,648 stock
Inventory1.9 moHouses segment
Seg Approvals / Stock1.58%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +64.8% YoY
Litchfield · MCG Building Index trajectory
2021 Total5,875
Houses5,648
Units227
Latest1.51%
Composite
Houses
Units
03
Darwin Suburbs 🏠 Houses
Greater Darwin · 18,103 dwellings
Vacancy8.47%Houses · 12,482 stock
Inventory1.3 moHouses segment
Seg Approvals / Stock0.98%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +62.7% YoY
Darwin Suburbs · MCG Building Index trajectory
2021 Total18,103
Houses12,482
Units5,621
Latest0.69%
Composite
Houses
Units
ACT
Australian Capital Territory
Tuggeranong anomaly
3 Improving
01
Tuggeranong 🏠 Houses
Australian Capital Territory · 32,878 dwellings
Vacancy14.42%Houses · 26,173 stock
Inventory1.2 moHouses segment
Seg Approvals / Stock0.10%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +42.1% YoY
Tuggeranong · MCG Building Index trajectory
2021 Total32,878
Houses26,173
Units6,705
Latest0.10%
Composite
Houses
Units
02
Gungahlin 🏠 Houses
Australian Capital Territory · 29,614 dwellings
Vacancy14.87%Houses · 19,648 stock
Inventory2.1 moHouses segment
Seg Approvals / Stock1.21%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +144.3% YoY
Gungahlin · MCG Building Index trajectory
2021 Total29,614
Houses19,648
Units9,966
Latest3.15%
Composite
Houses
Units
03
Belconnen 🏠 Houses
Australian Capital Territory · 39,485 dwellings
Vacancy16.48%Houses · 27,419 stock
Inventory1.9 moHouses segment
Seg Approvals / Stock0.56%12mo · houses only
Supply Improving
Segment approvals pipeline expanding · +16.7% YoY
Belconnen · MCG Building Index trajectory
2021 Total39,485
Houses27,419
Units12,066
Latest2.87%
Composite
Houses
Units