Cost to build homes in Perth increases, putting pressure on established market

WA Today

The cost of building a new home in Perth has continued to climb, pushing the city’s depleted established residential property market to new highs.

CoreLogic’s latest Cordell Construction Cost Index, which tracks the cost to build a typical new dwelling, showed residential construction costs grew 1 per cent over the September quarter, in line with the pre-COVID decade average.

Read the article in full, including an analysis from UDIA WA, at WA Today.