The West Australian

WA may have some of the biggest empty expanses of land in the world but Perth does not have enough land supply, according to urban development boss Tanya Steinbeck.

Ms Steinbeck, chief executive of the Urban Development Institute of WA, said Perth is set to sell out of easy-to-develop blocks in two to three years time.

Speaking as part of The West Australian’s Property Leaders series, Ms Steinbeck said large estates in the Perth and Peel region — which had been relatively easy to bring to market — were set to completely sell out by about 2026.

After that, land developers would be largely left with more complicated greenfill sites that are bogged down by a myriad of challenges such as fragmented ownership, or by extensive conditions relating to things like bushfires, bushland, water and heritage.

And overcoming these obstacles will come at a cost, which will in turn force the price of blocks up for consumers.

To read this piece in full, including exclusive insights from UDIA WA CEO Tanya Steinbeck, click here.