New Developments
1 min read

Build-to-Rent Pipeline Hits Record 32,000 Units: Victoria Leads the Way

Australia's build-to-rent pipeline has surpassed 32,000 units for the first time, with Victoria accounting for 48% of the national total.

Build-to-Rent Pipeline Hits Record 32,000 Units: Victoria Leads the Way

BTR Pipeline Surges Past 32,000

The build-to-rent sector continues its rapid expansion, with the national pipeline reaching 32,400 units, a 38% increase on the previous year.

State Breakdown

  • Victoria: 15,600 units (48%), concentrated in Fishermans Bend, Docklands, and Box Hill
  • NSW: 8,200 units (25%), led by Parramatta and St Leonards
  • Queensland: 5,800 units (18%), focused on inner Brisbane
  • WA/SA: 2,800 units (9%)

Policy Tailwinds

Victorian Government’s 50% land tax discount on BTR developments and fast-tracked planning approvals have been key enablers. The Federal Government’s Housing Accord target of 1.2 million new homes by 2029 is driving institutional investment into the sector.

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