Kinda funny that VIC showing a decline but is still outpacing every other state in raw numbers.
Prime_factor on
Quickest way of reducing taxation related impacts on housing is modifying the rate cap.
Councils budgets are now dependant on the 5%-10% levies that they get from a new subdivision as an upfront contribution.
The rate cap is a dumb policy, as it caps the total rates derived revenue collected by council. If population grows they get no additional revenue. Hence their reliance on these contributions, which push up the price of housing.
autotom on
This should be a priority.
gmask1 on
Townhouse build next door to us has been half(?) finished for two years now? Frames, scaffolding, just sitting there overgrown.
Fed16 on
“It is the lowest result for the quarter since 2014. Since then, Victoria’s population has grown by 1.2 million people, meaning homes are being delivered at the same pace as 11 years ago but for a population now 21 per cent greater.”
Better planning in action.
agent_lochness on
And yet the state government shits all over local government saying they need to approve more housing permits.
Councils can approve all they want, but they can’t make people build stuff.
Vanceer11 on
“Meanwhile, NSW recorded its highest housing completion numbers in five years with 13,057 homes completed during the September quarter.”
“Building starts in Victoria also declined over the quarter, down from 14,105 in June 2025 to 13,415 in September.”
Does the author of the article know that NSW’s population is higher than Victoria’s?
“Victorian completions plummet to 11 year low”, they’re literally 690 completions lower than the previous quarter yet highest in the nation lol…
xaphody on
I first read this as people not completing year 12 in school.
Beast_of_Guanyin on
At least we’re not experiencing massive population growth…. wait. We are. Bugger.
9 Comments
Kinda funny that VIC showing a decline but is still outpacing every other state in raw numbers.
Quickest way of reducing taxation related impacts on housing is modifying the rate cap.
Councils budgets are now dependant on the 5%-10% levies that they get from a new subdivision as an upfront contribution.
The rate cap is a dumb policy, as it caps the total rates derived revenue collected by council. If population grows they get no additional revenue. Hence their reliance on these contributions, which push up the price of housing.
This should be a priority.
Townhouse build next door to us has been half(?) finished for two years now? Frames, scaffolding, just sitting there overgrown.
“It is the lowest result for the quarter since 2014. Since then, Victoria’s population has grown by 1.2 million people, meaning homes are being delivered at the same pace as 11 years ago but for a population now 21 per cent greater.”
Better planning in action.
And yet the state government shits all over local government saying they need to approve more housing permits.
Councils can approve all they want, but they can’t make people build stuff.
“Meanwhile, NSW recorded its highest housing completion numbers in five years with 13,057 homes completed during the September quarter.”
“Building starts in Victoria also declined over the quarter, down from 14,105 in June 2025 to 13,415 in September.”
Does the author of the article know that NSW’s population is higher than Victoria’s?
“Victorian completions plummet to 11 year low”, they’re literally 690 completions lower than the previous quarter yet highest in the nation lol…
I first read this as people not completing year 12 in school.
At least we’re not experiencing massive population growth…. wait. We are. Bugger.