New South Wales falls significantly short of housing targets amid rising demand
New South Wales (NSW) is significantly lagging in its housing targets, completing only 67,502 homes since July 2024, about 46,000 short of the required total. Premier Chris Minns had aimed for 75,400 homes annually through 2029, yet high interest rates and stagnant supply continue to challenge this goal. The state’s population now exceeds 8.6 million, exacerbating housing demand.
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Published 02 Jul 2026, 19:00 UTC · Updated 02 Jul 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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