Melbourne’s high rise boom gets a kick along

Wednesday 8 July 2015

The latest dwelling approvals data, released by the ABS, revealed that Melbourne’s dwelling construction boom has reached unprecedented levels, with a record 55,965 dwellings approved across the metropolitan area in the year to May 2015:

With the lion’s share of these being attached homes (i.e. units, apartments and townhouses):

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.