Notable increase in high density housing development since 2009: RBA

Notable increase in high density housing development since 2009: RBA
Notable increase in high density housing development since 2009: RBA

The latest private residential building approvals chart in the latest chart pack from the Reserve Bank of Australia shows a marked increase in higher-density housing development between 2009 and 2015.

Approvals for detached housing dipped between 2009 and 2014. 

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Notable increase in high density housing development since 2009: RBA

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Apartments Housing Approvals

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