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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.
“The volume of detached houses approved for construction nationally increased by 0.6 per cent in the month of July 2025 ahead of the 5 per cent deposit guarantee announced last week,” stated HIA Senior Economist Maurice Tapang.
NSW builder Progressive Building took home two national awards at the prestigious 2025 HIA Australian GreenSmart Awards, for a renovation based on passive house principles.
Three NSW builders were announced as winners at the prestigious 2025 HIA Australian GreenSmart Awards, competing against sustainable projects from across Australia.
Western Australian builders took home three awards at the prestigious 2025 HIA Australian GreenSmart Awards announced today in Sydney.