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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 the March Quarter 2022, median lot prices increased by 19.7 per cent. This is not a normal increase – it is the strongest annual growth rate since 2004.
“Constrained supply of land will limit housing activity in Greenfield areas from mid-2023 onwards.”
“New data released by the ABS on demolitions suggests that knock-down rebuilds and small redevelopments are around 25 per cent of the market for house and townhouse builders in New South Wales. Encouragingly, this segment of the market appears to be growing rapidly, creating new opportunities for the industry,” added Mr Ward
According to CoreLogic Economist Kaytlin Ezzy: “The scarcity of available residential land continues to be a driving factor across Australian land markets, with land prices surging at a time when the number of lots sold is declining. While increasing interest rates, rising construction costs and increased uncertainty, particularly across the building industry, has likely smothered some land demand, the surge in land prices suggests that those that want to build are finding it difficult to secure lots.”
“With land often taking more than a decade to move though the development pipeline, it’s unlikely we’ll see any material change in land supply for some time.” says Ms Ezzy.
A Riverina business has earned national recognition at the 2025 HIA–CSR Australian Housing Awards, with winners announced on 17 May in Melbourne before a packed audience of industry leaders and home-building consumers.
Queensland builders had an outstanding night at the 2025 HIA–CSR Australian Housing Awards, held on 17 May in Melbourne, taking home six prestigious national titles in front of an audience of industry leaders and home building consumers.
The 2025 HIA–CSR Australian Housing Awards were announced on 17 May in Melbourne, where Queensland’s Sarah Waller Building claimed the highest honour, the coveted 2025 HIA-CSR Australian Home of the Year, in front of an audience of industry leaders and home building consumers.
A Tasmanian owned and operated business has won at the nation’s top residential building awards, the 2025 HIA-CSR Australian Housing Awards.