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.