This article presents areas with the largest net growth in dwellings according to estimated dwelling stock for the 2021-22 financial year. Areas refer to Statistical Area Level 2 (see ASGS Edition 3).
Net dwelling stock growth is given by:
\(\text{ net growth}= \text{additions to stock}-\text{removals from stock}\)
where additions to stock are construction of dwellings and removals from stock are dwelling demolitions. For more information, see Estimated dwelling stock methodology.
Australia's dwelling stock grew by 1.4% (146,931 dwellings) during the 2021-22 financial year. Growth in houses accounted for 61.7% of total dwelling stock growth, whilst apartments and townhouses accounted for 23.0% and 15.3% respectively. During the 2021-22 financial year, there was a total of 174,147 additions to Australia's dwelling stock and 27,216 removals.