WA tops swimming pool DA tally over past 12 months

12-months-to-October swimming pool development application (DA) figures show the industry holding steady in comparison with last year. Overall, 12-months-to-October figures are steady at -1 per cent compared to the previous period.

Western Australia is continuing its growth with DA numbers up 16 per cent. WA now is the top state with more DAs over the past 12 months than any other state and a 29 per cent share of the new build market – at least according to the DA data.

Queensland is up by 72 per cent off its low 2012 base and anecdotal evidence supports the belief that the Sunshine State might be on the mend, benefitting in large from the increase in sunshine. Please note that total DAs for Queensland may be higher than those supplied by councils and used in this analysis.

Both New South Wales (-11 per cent) and Victoria (-24 per cent) show a decline against the previous 12-month figures.

Meanwhile, the RP Data Rismark Home Value Index rose by 1.3 per cent in October, driven largely by the Sydney housing market as well as significant value growth in Melbourne and Brisbane. This is an underlying indicator of future growth in renovations and additions. Combined capital city dwelling values increased by 7.9 per cent over the past 12 months and are up 8.2 per cent year to date.

More information will be in the December printed issue of SPLASH!