Back to Resources
    Market Research6 August 2026 · Page last updated 6 August 2026

    How home approvals compare in New Zealand and Australia

    New homes across a growing Auckland neighbourhood in New Zealand

    New Zealand approved more new homes per person than Australia from 2020 to 2024. Its widest lead came in the year ended January 2023, when New Zealand consented 9.7 dwellings per 1,000 residents, compared with Australia's calculated rate of 7.27.

    The countries were approximately level in 2025. Australia then moved marginally ahead in 2026, at 6.99 approvals per 1,000 residents against New Zealand's provisional 6.9.

    Auckland offers one explanation for part of New Zealand's growth: about 75% of its residential land was upzoned, and a 2025 working paper estimates that permits per person roughly doubled within five years.

    Widest NZ lead

    2.43

    Per 1,000, 2023

    Estimated extra permits

    52,200

    Auckland, 2017–2023

    Auckland completions

    95,300

    2018–2024 total

    Building approvals statistics in Australia

    Monthly approvals by dwelling type, state and capital city.

    Read full article →

    International home building rates

    How Australia's completion rate compares with other countries.

    Read full article →

    SECTION 01 · NATIONAL RATES

    New Zealand and Australia home approval rates compared

    New Zealand's consent rate first overtook Australia's calculated approval rate in 2020, at 7.5 against 6.89 dwellings per 1,000 residents. Australia had recorded the higher rate in every year from 2002 to 2019.

    The measures are closely aligned but not identical. Stats NZ divides dwelling consents by estimated resident population; Australia's rate is calculated from original monthly approvals and the prior-December population. Small differences should not be treated as substantial leads.

    About the 2025 comparison

    Stats NZ publishes to one decimal place. New Zealand's reported 6.4 may therefore be close to Australia's 6.45, so the countries are treated as approximately level.

    New dwellings consented or approved per 1,000 residents, 2002 to 2026

    Years ended January. New Zealand values are published consent rates; Australian values are calculated approval rates.

    • New Zealand consents
    • Australia approvals

    Source: Stats NZ, Building consents issued: January 2026; ABS Building Approvals and population estimates.

    BuildStreet

    Selected national approval rates

    Year New Zealand Australia Difference Higher rate
    2012 3.2 6.76 −3.56 Australia
    2016 5.8 9.94 −4.14 Australia
    2019 6.8 8.24 −1.44 Australia
    2020 7.5 6.89 +0.61 New Zealand
    2023 9.7 7.27 +2.43 New Zealand
    2024 7.0 6.14 +0.86 New Zealand
    2025 6.4 P 6.45 −0.05 Approximately equal
    2026 6.9 P 6.99 −0.09 Australia, marginally

    Australia's selected-year lead was widest in 2016 at 4.14 per 1,000. New Zealand's widest lead was 2.43 in 2023, showing separate national cycles rather than sustained divergence.

    SECTION 02 · RECENT MOVEMENT

    New Zealand's consent rate fell as Australia recovered

    New Zealand's rate fell from 9.7 in 2023 to 6.4 in 2025, a 34.0% peak-to-trough fall, before recovering to 6.9 in 2026. Auckland fell 36.4% from 12.1 to 7.7 over the same peak-to-trough period.

    New Zealand

    −34.0%

    2023 peak to 2025 trough

    Auckland

    −36.4%

    2023 peak to 2025 trough

    Australia

    −38.2%

    2016 peak to 2024 trough

    New dwellings consented per 1,000 residents in Auckland, 2002 to 2026

    Years ended January; 2024 to 2026 are provisional. The marker indicates timing, not causation.

    Source: Stats NZ, Building consents issued: January 2026, Auckland region series BLDA.S20201.

    BuildStreet

    Auckland's 2026 reading of 8.7 remained above its national rate and every Auckland reading between 2006 and 2018. The decline started before later planning changes, alongside rising interest rates and recession.

    SECTION 03 · AUCKLAND PIPELINE

    Auckland dwelling permits, construction starts and completions

    How the Auckland Unitary Plan changed residential zoning

    About 75% of Auckland's residential land was upzoned to medium or high density when the Auckland Unitary Plan took effect in November 2016. Before reform, 95% was zoned for low-density housing.

    Before reform

    95%

    Residential land zoned low density

    Under the plan

    75%

    Residential land upzoned

    The reform covered most of the residential market rather than selected sites. Density varied with long-term growth plans, infrastructure capacity and transport access.

    Auckland issued about 9,200 dwelling permits in 2015 and 21,000 by 2022. Per capita, the rate rose 111.3%. A synthetic-control study estimates that upzoning roughly doubled permits per person within five years.

    Estimated reform effect

    About 52,200 of 112,300 permits issued from 2017 to 2023—46%—were estimated above the no-reform counterfactual, with a robustness range of 40% to 51%. This is a model estimate, not a count of homes built.

    Code Compliance Certificates issued for new homes in Auckland, 2018 to 2024

    Auckland Council's completion measure. Values transcribed from Figure 4 and total 95,300.

    Source: Auckland Council Chief Economist Unit, Tracking Auckland's housing pipeline, June 2025.

    BuildStreet

    Auckland recorded 95,300 Code Compliance Certificates from 2018 to 2024. Annual completions rose from 10,200 to 18,100 in 2023, then eased to 17,200. These completion years do not match the permit cohorts directly.

    Share of consented projects that had started construction

    Year consented Within 30 days Within 180 days Within 1 year Within 2 years
    2018 28 74 86 90
    2019 31 71 85 91
    2020 25 73 85 88
    2021 21 68 80 84
    2022 16 54 70 79
    2023* 17 50 62 68

    The 2023 cohort had an incomplete observation window. Among comparable cohorts, the two-year start rate fell from 90% in 2018 to 79% in 2022, while typical completion time increased from about 280 days in 2019 to 470 days in 2023. This points to slower delivery rather than simple project abandonment.

    SECTION 04 · AUCKLAND HOUSING COSTS

    What happened to Auckland rents after upzoning?

    A 2024 University of Auckland paper estimates that Auckland rents in 2022 were 21.6% below a modelled no-reform level. The preferred specification excludes Rotorua; including it produces a larger 26.1% estimate.

    What the estimate means

    A counterfactual comparison does not show that observed rents fell or that housing became affordable. It estimates that rents were lower than they might otherwise have been.

    Preferred rent estimate

    −21.6%

    Against modelled counterfactual

    2026 update cited

    −23%

    Productivity Commission

    Site redevelopment premium

    +22.2%

    Vacant-land equivalent

    The rent and land-value findings use different methods and outcomes. They cannot be added or used as estimates of changes in observed house prices or completions.

    SECTION 05 · PLANNING FRAMEWORKS

    Medium-density housing rules in New Zealand and Australia

    New Zealand's 2022 Medium Density Residential Standards permitted up to three homes and three storeys per site without resource consent where standards were met. The baseline allowed 11 metres plus one metre for a pitched roof and 50% site coverage.

    National planning frameworks compared

    Feature New Zealand MDRS Australian Blueprint
    Instrument National statute National Cabinet agreement
    Density standard 3 units and 3 storeys No uniform standard
    Implementation Tier 1 councils States and territories
    Direction Compliant development Well-located density

    Auckland's mix shifted heavily toward attached housing. Multi-unit consents rose from 4,038 in 2016 to 16,444 in 2023, while standalone houses fell from 5,229 to 4,719.

    New dwellings consented in Auckland, by dwelling type, 2016 to 2026

    Multi-unit homes include apartments, retirement village units, townhouses, flats and units.

    • Standalone houses
    • Multi-unit homes

    Source: Stats NZ, Building consents issued: January 2026, Table 4, Auckland region.

    BuildStreet

    Current at 6 August 2026

    Auckland withdrew MDRS from about 21,000 sites in October 2025. Revised Plan Change 120 provisions were estimated to enable theoretical capacity of 1.5 to 1.7 million homes, with final decisions due in mid-2027.

    SECTION 06 · AUSTRALIAN APPLICATION

    Australian application

    The Australian Productivity Commission's July 2026 interim report proposes allowing developments up to three storeys across residential land, with benefit-cost-tested exceptions for environmental protection, hazards and heritage.

    It finds broad upzoning is more likely to produce a larger supply response than reform limited to selected sites, but Auckland's effect size cannot be transferred directly. Lot sizes, redevelopment economics, infrastructure, hazards and market conditions differ.

    What may transfer—and what requires local analysis

    Potentially portable design choices Requires local evidence
    Metropolitan-scale upzoning Effect size
    Low-rise attached forms Lot sizes and feasibility
    Predictable permitted-activity rules Infrastructure capacity
    Separate pipeline measurement Hazard and heritage constraints

    No Australian supply estimate is included because the cited sources do not quantify the effect of applying Auckland-style reform to an Australian city. City-specific Commission analysis is expected in March 2027.

    General information only. Consents and approvals measure permission to build, not completed homes. New Zealand's latest figures are provisional, and counterfactual results are modelled estimates rather than observed outcomes.

    References