Australian Property Investor
Perth property buyers continue to seek new land purchases but are finding it increasingly difficult to access a limited market.
The latest figures from UDIA WA’s March 2025 quarter Urban Development Index (UDI) reinforce important trends shaping the future of Greater Perth’s property market.
While the numbers show a decline in new lot sales, this shift is not reflective of a downturn in demand but further evidence of supply constraints continuing to impact the market.
It’s no secret Western Australia, like much of the country, is experiencing housing supply pressures. These figures support the need for government and industry stakeholders to continue to work in collaboration to deliver the homes we need.
With strong buyer interest still evident, state and federal governments have shown they are committed to addressing housing supply issues, and there is cause for optimism.
Positive policy momentum
UDIA continues to advocate for more action in relation to addressing approval timelines, removing unnecessary red tape, and making timely investments in infrastructure that supports new communities.
Encouragingly, the commitment from state and federal governments to improve housing supply is clearer than ever.
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