Apartment Approvals Surge 29% Above Base as National Building Index Hits 109
The MCG Building Index composite reached 109.1 in January 2026, driven by an apartment sub-index at 129 — a 28.9% surge above the base period. House approvals remain subdued at 102. Total national approvals hit 187,097 over the 12 months to January, up 9.1% year-on-year.
Data: MCG Building Index · ABS Building Approvals (BA_SA2) · Private Sector, New Dwellings · Compiled by MCG Quantity Surveyors
Rental Market Holds Tight — But Cracks Appearing in QLD, Regional NSW
National vacancy at 3.75% for houses and 3.54% for units. Houses SVI at 97.9 signals marginally tighter conditions year-on-year, but south-east Queensland and parts of Victoria are loosening.
Regional NSW Dominates Rent Hotspots — Ryde Rents Forecast to Surge $106/Week
Dubbo leads house rent growth at +10.9%, but Ryde–Hunters Hill delivers the biggest dollar hit at $1,236/w. NSW claims 7 of the top 10 spots across 316 SA3 markets. Tweed Valley rents consume 71% of household income.
Zero Vacancies, Yields Above 4%: The 15 Suburbs Where the Numbers Still Stack Up
From 212 candidates to 15 shortlisted SA2s — ACT's Tuggeranong leads on yield and tightening, Melbourne's west on growth at sub-$1M entry. Every suburb at or near 0% vacancy.
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