INSIGHT · DEVELOPMENT & REPORTING

The Accord's state shares are a population split.
Most states' own targets run on other clocks.

The National Housing Accord target is 1.2 million new well-located homes over 5 years from 1 July 2024. Treasury's Accord page gives no state split of it; it lists each state's allocation of up to 10,000 affordable homes. The National Housing Supply and Affordability Council (NHSAC) apportions the 1.2 million by December 2022 population (NSW 376,000, Victoria 306,000, Queensland 246,000) and states the shares are not formal agreements. NSW adopts 377,000 by 2029 as its share. Victoria, Queensland, SA, Tasmania and the ACT set targets over other periods or measures.

An aerial view of a suburb with new houses being built on its edge

Analysed 27 October 2026 · Treasury, Delivering the National Housing Accord (page) and the nine Accord implementation schedules (as at June 2023) · National Planning Reform Blueprint and its progress summary as at September 2025 · NHSAC State of the Housing System 2026 (30 April 2026) and Quarterly Report August 2026 (21 August 2026) · NSW housing targets pages (updated 18 March 2025) · Victoria's Housing Statement (2023) and Plan for Victoria housing targets (updated 11 March 2025) · Queensland housing plan (updated 4 July 2026) · PlanSA, Greater Adelaide Regional Plan release (17 March 2025) · Homes Tasmania dashboard (July 2026) · ACT Housing Budget Statement 2026-27 · NT Housing Strategy release (4 August 2026) · all read 27 October 2026.

Key takeaways

  • The national target is 1.2 million, measured in gross completions: National Cabinet agreed on 16 August 2023 to 1.2 million new well-located homes over 5 years from 1 July 2024 (Treasury). NHSAC tracks it with the ABS quarterly dwelling completions series, in gross terms.
  • The state shares in progress reports are NHSAC's own apportionment: State of the Housing System 2026 divides the target by each jurisdiction's share of the national population in December 2022 and states that the calculated shares do not reflect formal agreement between the Australian and state and territory governments.
  • NSW's 377,000 runs on the Accord's own period: Among the state documents read, NSW states a share of the Accord target for June 2024 to June 2029 (377,000 completions) and allocates it to 43 councils and regional NSW. Victoria (800,000 over 2024 to 2034), Queensland (1 million by 2044), SA (315,000 locations over 30 years), Tasmania (10,000 social and affordable homes by June 2032) and the ACT (30,000 enabled by the end of 2030) use other periods or measures. WA and the NT: no state figure located.
  • The Commonwealth publishes per-state affordable home allocations: Treasury lists each state's agreed allocation of the up to 10,000 affordable homes the states are to deliver, from NSW 3,100 to the NT 96.
  • We would store whose target a figure is: A system-design recommendation: a target in a board pack or feasibility carries its owner (National Cabinet, NHSAC, a state), its period, its measure and its document date.

Each state's own target,
and whether it is the Accord's.

NHSAC shares are rounded to the nearest thousand, from State of the Housing System 2026, Table 4.1. NSW's 377,000 and NHSAC's 376,000 are two figures for the same state on the same period; their sources differ.

StateState government's own published targetPeriod and measureSame period as the Accord?NHSAC apportioned shareInstrument and version read
NSW377,000 new well-located homes, stated as NSW's share of the Accord target; 5-year targets for 43 councils and 1 for regional NSWJune 2024 to June 2029; targets are for new homes completedYes376,000DPHI Housing targets page (updated 27 March 2024) and FAQs (updated 18 March 2025); read 27 Oct 2026
Victoria800,000 homes over the next decade (Housing Statement); 2.24 million homes to 2051, as net new dwellings by council area (Plan for Victoria)2024 to 2034; and to 2051No; no Victorian share of the 1.2 million located306,000Victoria's Housing Statement, The decade ahead 2024-2034 (file dated September 2023); Plan for Victoria housing targets page (updated 11 March 2025); read 27 Oct 2026
Queensland1 million new homes, including 53,500 social and community homesBy 2044No; no Queensland share of the 1.2 million located246,000Queensland Government housing plan page, A Place to Call Home (updated 4 July 2026); read 27 Oct 2026
South AustraliaThe Greater Adelaide Regional Plan identifies the location of 315,000 new homesOver the next 30 years; a land use plan, not a completions countNo; no SA share of the 1.2 million located84,000PlanSA news, A plan for a greater Adelaide (17 March 2025); read 27 Oct 2026
WANo state share or statewide dwelling target located (27 Oct 2026)Not applicableNot applicable129,000WA Accord implementation schedule (as at June 2023); read 27 Oct 2026
Tasmania10,000 social and affordable homesCompleted housing outcomes from 1 October 2020 to 30 June 2032: social and affordable homes, with land sales and home ownership assistance countedNo26,000Homes Tasmania Dashboard, July 2026; Tasmanian Accord implementation schedule (as at June 2023); read 27 Oct 2026
ACTEnabling 30,000 homes, including 5,000 additional public, community and affordable rental dwellingsBy the end of 2030; homes enabled, not completedNo21,000ACT Housing Budget Statement 2026-27; read 27 Oct 2026
NTNot verified (27 Oct 2026): the NT Housing Strategy 2026-2030 release states no number, and the strategy document could not be readNot applicableNot applicable11,000NT Housing Strategy 2026-2030 release (4 August 2026); read 27 Oct 2026

Numbers called a share,
and who wrote each one.

A field labelled the state target can hold any of these. They come from different documents and mean different things.

  • NHSAC's apportionment of the 1.2 million: Population shares at December 2022, the latest figures when the target was agreed in August 2023. NHSAC chose the method as transparent and stable over time, notes that projected population growth is an alternative, and states the shares do not reflect formal agreement between governments (State of the Housing System 2026, Table 4.1).
  • A jurisdiction's share in the Planning Reform Blueprint: Measures 2 and 3 of the National Planning Reform Blueprint refer to each jurisdiction's share of housing supply targets agreed by National Cabinet. The Blueprint and its September 2025 progress summary, as read, give no number for any jurisdiction.
  • A state's agreed affordable housing allocation: Treasury lists the allocations of up to 10,000 affordable homes the states agreed to build: NSW 3,100, Victoria 2,546, Queensland 2,049, WA 1,076, SA 700, Tasmania 220, ACT 175, NT 96. These are a separate commitment from the 1.2 million.
  • The New Home Bonus share, with no number: Treasury describes the New Home Bonus as performance-based funding for states and territories that achieve more than their share of the one million well-located homes target, the Accord's original figure. The page gives no number for that share.

How progress is measured,
and NHSAC's count by state.

Three reporting lines run in parallel, and they do not count the same stage of the pipeline.

Approvals and completions are different stages, and the completions data covers 35% of the Accord period, as NHSAC states. NHSAC's estimates of when each state reaches its share are covered in our piece on the moving target date.

StateShare of NHSAC target approved, to June 2026Share of NHSAC target built, to March quarter 2026Instrument and version read
NSW27%21%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026
Victoria37%32%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026
Queensland35%24%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026
South Australia35%28%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026
WA38%29%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026
Tasmania20%16%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026
NT14%9%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026; territory approvals in original terms
ACT33%34%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026; territory approvals in original terms
Australia33%26%NHSAC Quarterly Report, August 2026 (published 21 August 2026); read 27 Oct 2026
  • NHSAC Quarterly Report: completions against apportioned shares: Gross dwelling completions, seasonally adjusted, with building approvals alongside (seasonally adjusted for states, original for territories). The August 2026 report, published 21 August 2026, covers completions to the March quarter 2026 (7 of 20 quarters) and approvals to June 2026; the NHSAC home page lists it as the latest Quarterly Report on 27 October 2026.
  • Planning ministers to National Cabinet: the Blueprint measures: Twice-yearly reports against the 10 National Planning Reform Blueprint measures, including strategic plans that reflect each jurisdiction's share of housing targets. The latest summary read is as at September 2025.
  • States, under the implementation schedules: Victoria: ABS building approvals data. Queensland and SA: dwelling completions and relevant ABS data. NT: annual national and Territory datasets (schedules as at June 2023). NSW: completions, aligned with the Commonwealth approach using ABS data (FAQs updated 18 March 2025). Victoria's schedule names approvals while NHSAC counts completions, so the two can move differently for the same quarter.

What we would put in a system

Where agents help here is narrow. A reporting agent can read a new NHSAC report or state release, extract each target and progress figure with its owner, period, measure and date, and draft the update for a person to confirm. No agent decides whether a state will meet a target, which target a project should rely on, or what a figure means for a site.

FieldWhy it is load-bearing
Whose target it isNational Cabinet, NHSAC's apportionment, a state government or a council. NHSAC states its shares are not agreements between governments.
PeriodJune 2024 to June 2029 for the Accord and NSW; 2024 to 2034 in Victoria; to 2044 in Queensland; to June 2032 for Tasmania's social and affordable homes; to the end of 2030 in the ACT.
MeasureCompletions, approvals, homes enabled, or locations identified in a land use plan. Victoria's schedule reports approvals; NHSAC counts completions.
Document and its dateReport name, publication date and update date. NHSAC publishes quarterly and annual reports, each with its own data cut-off; state pages carry their own update dates.
Progress figure with its reference periodShare approved to June 2026 and share built to the March quarter 2026 are from one report but end in different months.

Questions worth asking
of your own feasibility records

For a developer citing the Accord in a feasibility: does the record say whether the state figure is NHSAC's apportionment or the state's own target?

In NSW the two are 376,000 and 377,000 for the same period. In Victoria they are 306,000 over 5 years and 800,000 over 10. A figure without its owner cannot be checked. General information as read on 27 October 2026, not financial or planning advice.

For a builder quoting a pipeline figure in a tender: is it approvals or completions?

NHSAC's August 2026 report puts Australia at 33% of the target approved to June 2026 and 26% built to the March quarter 2026. Both are true; they measure different stages and end in different months.

For a development manager in Victoria: which number do council strategic documents now carry?

Plan for Victoria sets a housing target for every council as net new dwellings to 2051, and states that planning schemes will be amended to implement them. That is a different period and measure from the Accord.

For a board paper: when each target figure was read, which document was it, and has a later version replaced it?

NHSAC states that its expected completion dates will be revised in future quarterly reports. A stored figure with its report and date can be re-checked; one without them cannot.

Questions people ask
about Housing Accord targets

What are the National Housing Accord targets by state?

The Commonwealth's Accord page gives no state split of the 1.2 million homes target. NHSAC apportions it by December 2022 population: NSW 376,000, Victoria 306,000, Queensland 246,000, WA 129,000, SA 84,000, Tasmania 26,000, ACT 21,000 and NT 11,000 (State of the Housing System 2026, rounded), and states those shares are not formal agreements between governments. As read on 27 October 2026.

What is the NSW housing target under the Housing Accord?

The NSW Department of Planning, Housing and Infrastructure states that NSW's share is 377,000 new well-located homes over the five years from June 2024 to June 2029, allocated as 5-year completion targets to 43 councils and to regional NSW. It states that monitoring aligns with the Commonwealth approach of tracking completions using ABS data (FAQs updated 18 March 2025).

What is Victoria's housing target?

Victoria's Housing Statement sets a target of 800,000 homes over the decade 2024 to 2034, and Plan for Victoria sets council-by-council targets totalling 2.24 million homes to 2051. We did not locate a Victorian figure for its share of the Accord's 1.2 million; NHSAC's apportioned share is 306,000. As read on 27 October 2026.

How is progress on the Housing Accord measured?

NHSAC measures it in gross dwelling completions from the ABS quarterly series, against its apportioned state shares, and reports approvals alongside. Its August 2026 Quarterly Report, published 21 August 2026, counts around 308,000 gross completions, seasonally adjusted, over the first 7 of 20 quarters (to the March quarter 2026), around one-quarter of the target. As read on 27 October 2026.

Where is the official Housing Accord progress report?

NHSAC publishes Quarterly Reports and an annual State of the Housing System report on nhsac.gov.au; the August 2026 Quarterly Report was the latest listed on 27 October 2026. Planning ministers also report to National Cabinet on the National Planning Reform Blueprint, with summaries on treasury.gov.au; the latest read is as at September 2025.

What this analysis
does and does not show.

Evidence note

What it shows
The national Accord target and its measure, the state shares NHSAC uses and how it derives them, the per-state affordable housing allocations Treasury lists, each state and territory government's own published housing target where one was located, and how progress is reported, as read on 27 October 2026.
Key facts quoted
1.2 million homes over 5 years from 1 July 2024 (Treasury). NHSAC shares by December 2022 population: NSW 376,000, Vic 306,000, Qld 246,000, WA 129,000, SA 84,000, Tas 26,000, ACT 21,000, NT 11,000; not formal agreements. NSW 377,000 by 2029. Vic 800,000 over 2024 to 2034. Qld 1 million by 2044. SA 315,000 locations over 30 years. Tas 10,000 social and affordable by June 2032. ACT 30,000 enabled by end 2030. NHSAC August 2026: 33% approved, 26% built nationally.
  • We did not locate a WA Government statewide dwelling target. The NT Housing Strategy 2026-2030 document could not be read (direct access refused and the rendering proxy returned no content), so the NT row is not verified.
  • PlanSA, the Plan for Victoria page, the Queensland housing pages and the Homes Tasmania dashboard were read through a rendering proxy because those sites block automated access. All texts are saved with the article.
  • The implementation schedules are as at June 2023 and Treasury states they are reviewed annually; later versions, if any, were not located on the Accord page.
  • We read the National Cabinet decision as Treasury records it, not the meeting statement itself, and did not read the jurisdictions' individual Blueprint progress reports.
  • This makes no estimate or forecast of whether any state will meet any target. Progress figures are NHSAC's and ABS completions data released after its August 2026 report is not reflected in them.
  • General information, not financial, investment or planning advice.

Bring us the target
your feasibility relies on.

Send us the board paper, feasibility or tender response that cites a housing target. We will show you whose target it is, its period and measure, the document it came from, and what has replaced it since.

General information about published government documents and reports. It is not financial, investment or planning advice and makes no forecast of housing supply. Figures and quotations as read on 27 October 2026 from the sources listed.

Send us the document · Reporting agent

Sources

Suggested citation: Treasury, NHSAC and state and territory government documents as listed, read 27 October 2026. Derived figures: none; percentages and shares are as published by NHSAC.