Detached housing could be falling out of favour in NSW

By |

The switch to apartment living is strongest in NSW, according to a major property developer. 

Urban Taskforce cited ABS’ recent statistics – showing a jump in apartment building approvals - as a sign detached housing was rapidly falling out of favour. 

“What the statistics seem to demonstrate is the swing to apartment living is NSW is strong. No other state has apartment approvals ahead of detached houses,” it said. 

Non-residential building approvals also spiked, which Urban Taskforce is hoping may revive construction in NSW.

Can you afford to buy in this suburb? Find out how much you can borrow

Top Suburbs : goulburn , murdoch , berala , emerald , geelong west

go back

Get help with your investment property

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here