Latest data released by the Australian Bureau of Statistics has shown that for the June quarter, the number of residential buildings constructed in South Australia rose by 1.6% to $4.7 billion – an 8.4% increase through the year.
Construction work assessed by the Bureau includes residential and non-residential building work as well as engineering work.
Residential building work rose this quarter by 4.0% to $1.6 billion – 19% higher than this time last year.
“This Government is doing everything it can to build more homes to address the housing supply crisis and this data demonstrates our efforts are having a positive impact for the community,” said Minister for Housing, Nick Champion.
“Through the Housing Roadmap, we are accelerating land releases, streamlining approvals and investing in vital infrastructure to keep this momentum going.
“It’s particularly encouraging to see residential building work is 19% higher than this time last year.”
The new figures also showed South Australia’s annual residential growth rate significantly ahead of the next best jurisdiction, Western Australia at 9.5% – and well above the national increase of 5.3%.
Non-residential building work rose by 4.7% in the June quarter to $1 billion.
“In recent years South Australia has consistently had one of the strongest economies in the nation and no sector has been more influential than building and construction,” said Master Builders SA CEO, Will Frogley.
“Nearly $20 billion a year is being delivered, and our economic multiplier effect is unmatched.
“A record-high 92,000 South Australians are now employed in our industry and the benefits flow right through our whole state.
“The Malinauskas Government has strongly backed us, and we are delivering,” he said.
The latest data complements the recent CommSec State of the States report, which ranked South Australia number one for construction work and dwelling starts.
