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5,536 Posts.
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18/06/23
13:34
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Well I cant see this making much of a difference when one considers the current 2023 costs to building & current land prices.
Northern Territory ( $50Mill/$365,000 = 136 ) must be jumping with joy with an extra 136 New State government built homes.
ACT with just 113 new homes for their $50Million handshake
Thanks Albo 
| State | Funding |
|---|
| 1 | New South Wales | $610 million |
|---|
| 2 | Victoria | $496 million |
|---|
| 3 | Queensland | $398 million |
|---|
| 4 | Western Australia | $209 million |
|---|
| 5 | South Australia | $135 million |
|---|
| 6 | Tasmania | $50 million |
|---|
| 7 | Northern Territory | $50 million |
|---|
| 8 | Australian Capital Territory | $50 million |
|---|
Average cost of building a home, state-by-state
Source: ABS - Building Activity Australia December 2019 data.| State | Price |
| ACT | $440,000 |
| SA | $275,000 |
| Queensland | $289,000 |
| Tasmania | $285,000 |
| NSW | $349,000 |
| Victoria | $327,000 |
| NT | $365,000 |
| WA | $298,000 |
