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
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