Recent figures from the Australian Bureau of Statistics (ABS) for housing illustrated a significant improvement in building approvals for New South Wales, but are not quite as impressive when compared to other states in Australia.
Urban Taskforce chief executive officer Chris Johnson pointed out that while higher density home approvals have shown modest improvement, Victoria has experienced rapid growth in this area.
"The number of approvals for houses and higher density homes in NSW are almost equal at around 1,300 a month each over the last two years," he said.
"Across the rest of Australia the number of house approvals is well above higher density approvals," added Mr Johnson.
Data reveals that only 58.6 per cent of housing units are detached houses, with the rest consisting of high-density living options.
While Melbourne has also seen a trend toward renting units over buying houses in recent years, Victoria has performed comparatively well in building approvals.
"The ABS graphs indicate actual number of approvals but when these are adjusted on a per capita basis NSW has a long way to go to become the leading state in Australia," said Mr Johnson.
