Hamilton Population Growth vs Building Consents Updated

13 July 2017

 

Hamilton population growth vs building consents updated

I just came across the 30/6/16 population estimate for Hamilton, Waikato and Waipa. 

 

Hamilton

The report from Stats NZ shows 4,400 population growth in Hamilton for the year ended 30/6/16.

Stats NZ shows the number of building consents in Hamilton for the same period as 1,213.

If there are 2.65 people per house (previous average), then the number of new builds should house 3,214 people.

So this means for the year ended 30/6/16, the new houses consented would be short by 448 houses (1186 / 2.65).

The year ended 30/6/15 was population growth of 3,300 vs 909 houses.  Or short by 336 houses.

The number of building consents for the year ending 30/6/17 is likely to be higher than for 30/6/16 as up to May, the consent were already 1,138.

The population growth estimates are much higher than the previous projections!

 

Waikato

The report from Stats NZ shows 1,700 population growth in Waikato district for the year ended 30/6/16.

Stats NZ shows the number of building consents in Waikato District for the same period as 780.

If there are 2.65 people per house (previous average), then the number of new builds should house 2,067 people.

So this means for the year ended 30/6/16, the new houses consented would be 138 houses (367 / 2.65) more than required.

The year ended 30/6/15 was population growth of 1,100 vs 491 houses.  Over supply of 76 houses.

 

Waipa

The report from Stats NZ shows 1,200 population growth in Waipa district for the year ended 30/6/16.

Stats NZ shows the number of building consents in Waipa District for the same period as 546.

If there are 2.65 people per house (previous average), then the number of new builds should house 1,447 people.

So this means for the year ended 30/6/16, the new houses consented would be 93 houses (247 / 2.65) more than required.

The year ended 30/6/15 was population growth of 1,000 vs 382 houses.  Over supply of 5 houses.

 

Kind regards

Ross Barnett

 
 
 
 

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