Building approvals in parts of the Lower Hunter fell 55 per cent last year while other areas in the region recorded a surge of more than 80 per cent.
At the same time, approvals across NSW for the 12 months to November sat at 46,500, the lowest rolling annual total in a decade. It comes as the state needs on average, 92,000 new approvals per annum over the next five years to underpin its annual housing targets.
