Before we get into this week’s property update, a quick one from our side.
We’ve recently renewed our focus on Domayne Asset Finance, helping clients with finance beyond the home loan — whether that’s a new vehicle, business equipment, machinery, or other assets that help keep life and business moving.
And speaking of things moving, there was one number in the housing sector this week that certainly caught our attention.
$100 billion.
New figures show Australians spent a record $100.98 billion on new-home construction over the past financial year.
That is a serious amount of money flowing into housing.
While part of that reflects higher building costs, it also shows just how significant residential construction remains to the Australian economy — and how much buyers continue to invest in creating new homes.
For anyone working in property, finance, or construction, those numbers carry a bigger message.
As the size of the investment grows, getting the finance and planning around it right becomes even more important.
So this week, we’re looking at what the latest building figures tell us — and why getting the numbers right before construction begins can make such a difference.
More Than Home Loans
Did you know Mortgage Domayne can also support your clients with finance beyond their home loan?
Through Domayne Asset Finance, we can help explore options for vehicles, business equipment, machinery, personal lending, debt consolidation, caravans, boats and more.
If you have a client considering their next purchase or looking to free up cash flow, send them our way. We’ll take the time to understand what they need and help explore the right finance options.
What $100 Billion Says About Australia’s Building Market
The latest ABS figures show residential construction work increased 1.7% in the June quarter and 9.1% over the year.
Building approvals have also been moving in the right direction. Total dwelling approvals rose 7.2% in June, while approvals for private-sector houses were up 15.8% compared with a year earlier.
In other words, there is still a significant amount of activity moving through Australia’s new-home pipeline.
But the record dollar figure needs a little context.
Spending more money does not automatically mean we are building the same percentage increase in homes.
Construction prices have also increased, with ABS data showing house construction prices rose 2% in the June quarter and 5.9% over the year.
Labour availability, transport, materials and broader input costs all play a part.
That makes the finance conversation increasingly important.
For someone building a home, the headline price is only one part of the equation.
There is the land.
The build contract.
Site costs.
Upgrades and variations.
Government charges.
Interest during construction.
And, importantly, the buffer for things that don’t always fit neatly into the original spreadsheet.
When buyers consider these pieces together from the beginning, they are generally in a much better position to understand what they can comfortably afford and how their finance should be structured.
It also matters because construction finance works differently from buying an established property.
Funds are generally released progressively as the build moves through its stages, meaning borrowers need to understand not only their final loan amount, but how repayments, cash contributions and available funds may change throughout construction.
That is why getting finance organised early can make the process much smoother.
It gives clients an opportunity to understand their borrowing capacity before they get too far down the track, allows for realistic project costs and makes decisions with a clearer picture of the full commitment.
And the latest figures show plenty of money is still moving into new homes.
More than $100 billion of it.
The opportunity is to make sure that investment is backed by the right planning, the right numbers, and a finance structure that works from the land purchase all the way through to handover.
Because with a new build, the best time to work through the numbers is usually before the first slab is poured — not halfway through the build.
Thanks again for your continued support and partnership. We’re proud to work alongside you in helping clients understand their position and move into their new-home journey with greater clarity.
Interest Rates
VARIABLE
These rates are variable and based on a $500,000 loan with principal and interest payments over 30 years (as of May 2026):
1 YEAR FIXED
The rates below are 1-year fixed rates based on a $500,000 loan, with principal and interest payments over a 30-year loan term (May 2026):
