{{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location {{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change locationScarcity of residential land sees prices surge
Scarcity of residential land sees prices surge
Member and guest login
Enter your email and password to access secured content, members only resources and discount prices.
Did you become a member online? If not, you will need to activate your account to login.
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
Forgotten password
Need some help?
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
If the email address you have entered is registered, you will receive an email with further instructions.
Become part of the HIA community
Enables quick and easy registration for future events or learning and grants access to expert advice and valuable resources.
Create a guest account
Enter your details below and create a login
Send me exclusive tips, early access to new launches, and special offers. I can change my mind at any time.
By clicking Get started now you agree to the terms and conditions and privacy policy.
The HIA-CoreLogic Residential Land Report provides updated information on sales activity in 51 housing markets across Australia, including the six state capital cities.
“Over the year to September 2021, the median price of land in Australia increased by 12.6 per cent. This is the strongest annual increase since 2006,” added Ms Lillicrap.
“In Greater Sydney alone, the median price of residential land increased by 32.2 per cent over the year to September 2021.
“The median price of land in the combined greater capital cities increased by 14.7 per cent over the year to September 2021 compared to an increase of 8.6 per cent in the combined regional areas. This suggests that the shortage of residential land is more severe in the capital cities.
“Land will be the biggest constraint on building activity over the next couple of years. The current shortage of land will impact the industry at a time when the broader economy needs construction to help pull it forward,” concluded Ms Lillicrap.
According to Tim Lawless, CoreLogic’s Head of Research: “Considering the record level of detached house approvals at the peak of HomeBuilder together with the constraints involved with bringing newly subdivided land online quickly, the surge in land prices over the quarter is hardly a surprise.
“What is more counter intuitive is the trend towards fewer land sales through 2021, a pattern that is evident across each of the state capitals despite strong demand. Softer volumes are more a reflection of short supply rather than a lack of demand, which helps to explain the sharp rise in land values at a time when the volume of land sales is reducing,” says Mr Lawless.
For more information please contact:
Housing affordability worsens as supply falls further behind demand
“Housing affordability across Australia has deteriorated to its worst level in more than 30 years,” stated Tim Reardon, HIA’s Chief Economist.
Rushed Workplace Bill a ‘wolf in sheep’s clothing’
The Housing Industry Association (HIA) is deeply concerned that the Workplace Relations Legislation Amendment (Building Cooperative Workplaces No. 1) Bill 2026 represents a significant shift in Australia’s workplace relations framework, progressing without the level of Parliamentary scrutiny typically applied to changes of this scale.
Falls from Heights - HIA Webinar
This week on Wednesday 1 July 2026, the Work Health and Safety Regulations in relation to falls from heights will change for South Australia.
Minimum Financial Requirements and First Resort Home Warranty Insurance change 1 July
Several important changes for Victorian builders start on 1 July 2026. This update summarises some key changes and how they may affect you.