Posted In:

propertynoise.com.au

A new report has officially declared Perth as the most affordable capital city in Australia.

The Urban Development Institute of Australia’s (UDIA) State of the Land Report was launched at the UDIA National Congress in Perth on Wednesday, finding that the median new land price in Perth was chump change at $228,000, with median land price growing a modest 6% in 2022.

The latest figures mean Perth now has the most affordable residential blocks in Australia.

Meanwhile, on the east coast, Melburnians are forking out $382,125 for new land, with Sydney-siders exsanguinated $716,381.

To read the article in full, including comments from UDIA WA CEO Tanya Steinbeck, click here.

Related posts

  • Fuel crisis threatens housing affordability

    Opinion Editorial, Published in The West Australian Newspaper, Wednesday 22 April 2026 Terms like ‘unprecedented’ and ‘global uncertainty’ became part of everyday language during the pandemic. Just as the development and construction industry was finding…

    Read more

  • Sand no longer dirt cheap

    The West Australian, Page 3, Saturday 18 April 2026 WA’s identity as the Sandgroper State may have been forged in its coastal plains but sand is no longer dirt cheap with costs jumping two-thirds —…

    Read more

  • Saffioti flags more housing budget measures

    Business News Rita Saffioti has signalled a potential expansion of the first home buyers’ grant, while reassuring developers connections to infrastructure should improve. Speaking at an Urban Development Institute of Australia WA event today, the…

    Read more