Australia is currently building at an annual rate of 197,971 dwellings per year โ€” 42,029 dwellings behind the National Housing Accord target of 240,000 per year. Meanwhile, 79,600 requests for help went unmet through specialist homelessness services last year, with only 27.4% of people who needed housing actually receiving it.
Monthly Approvals
17,780
+13% vs last year
Annual Run Rate
197,971
82% of 240k accord target
Unmet SHS Requests
79,600
+10.9% YoY
Housing Success Rate
27.4%
1 in 4 people who needed housing got it

Housing Supply โ€” Are We Building Enough?

The gold line is the 12-month rolling average โ€” the real trend. The blue line is monthly approvals. The red dashed line is the 20,000/month pace needed to hit the Accord target.

Monthly Dwelling Approvals โ€” ABS 8731.0
Supply Gap at a Glance
0240k198kdwellings/yearโ–ผ 42k vs target82% of 240,000 Accord target
What this means:
At current pace, Australia will deliver roughly 940,000 homes over 5 years โ€” against a target of 1.2 million.

Homelessness & Housing Demand โ€” The Human Cost

How many people sought help each year, how many went unassisted, and โ€” crucially โ€” how few of those who needed long-term housing actually received it.

Specialist Homelessness Services โ€” Annual Trend (AIHW)
2023โ€“24 Outcomes โ€” The Unmet Housing Gap
Sought help301,200 ยท 100%
301,200
Needed housing163,400 ยท 54%
163,400
Got housing44,800 ยท 15%
The unmet housing gap:

In 2023โ€“24, 163,400 people came to SHS agencies specifically needing long-term housing.

Only 44,800 received it. That means 118,600 people walked away without housing โ€” a 73% failure rate driven directly by insufficient social and community housing stock.

Social Housing Waitlists โ€” The Queue Getting Longer

Each line is approved applicants waiting for social housing in each state. A rising line means the sector is losing ground. NSW alone has over 61,000 households on the register.

Social Housing Waitlist by State (2019โ€“2024)
Reading this chart: Combined waitlists across tracked states have grown by 73% over the period shown. NSW and VIC have the largest absolute numbers. Every person on this list is a potential tenant for a community housing provider.
DatasetPublisherFrequencyUsed for
ABS Building Approvals (8731.0)Australian Bureau of StatisticsMonthlySupply run rate, Accord tracking
SHS Annual ReportAIHWAnnualHomelessness demand, unmet need
State Housing RegistersNSW DCJ, VIC DFFH, QLD DCHDE, WA DPLH, SA SAHTAnnualWaitlist volumes by state