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{{propApi.successMessage}} {{region}} Change locationLand prices continue to dash the dream of home ownership (NSW)
Land prices continue to dash the dream of home ownership (NSW)
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The HIA-CoreLogic Residential Land Report provides updated information on sales activity in 52 housing markets across Australia, including the six state capital cities.
“The release of the HIA-CoreLogic report has again highlighted that housing affordability is at an all-time low, and we need more shovel ready land as soon as possible to arrest the continued increase in land prices.
“The report is also a reminder that the NSW Government needs to take a serious look at stamp duty settings. With land prices this high, stamp duty is an even greater hurdle to buying a home.
“Stamp duty is an inefficient tax. It represents a significant additional cost that discourages the population moving to a more appropriate home that best suits their changing needs.
“HIA supports broad-based taxation that collects sufficient revenue to provide necessary government services.
“It is becoming rare for first home buyers to be able to access grants even in regional NSW. Current stamp duty exemptions and grants for first home buyers must be lifted to be reflective of home and land prices across both metropolitan and regional NSW.
“We need to make housing a priority across all levels of government before the great Australian dream of home ownership becomes nothing but a fantasy,” concluded Mr Armitage.
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New rules add thousands to the cost of a new home as Tasmania falls years behind on housing
From today, every new home built in Tasmania must meet the full Livable Housing Design requirements. The Housing Industry Association says this adds thousands of dollars to the cost of building a home, at a time when Tasmanians can least afford it.
Rules for managing the risk of falls have changed - are you up to date?
Changes to Western Australia's requirements for managing the risks of falls will commence on 1 October 2026, introducing new expectations for builders, contractors and workers undertaking tasks where there is a risk of falling.
Livable Housing Design: final stage now in force
As of today, 1 October 2026, all new building work in Tasmania, unless exempt, must comply with all requirements of Part H8 Livable Housing Design of NCC Volume Two.
ACT housing approvals slump puts 2030 target under pressure
“The ACT’s housing supply pipeline is weakening, with building approvals in the three months to August halving compared with a year earlier,” said HIA Executive Director ACT and Southern NSW, Geordan Murray.