Perth’s new land market hits record sales levels
Greater Perth has logged its strongest quarter of new land sales on record while available lots have plunged to an all-time low, underscoring a housing crunch that shows no sign of easing.
Perth may have vacant land but it's not always best used for housing. (Image source: Ian Geraint Jones/Shutterstock.com)
Perth’s residential property market remains in unprecedented territory as housing prices continue to rise, and supply remains extremely tight.
According to the latest UDIA WA Urban Development Index (UDI) for the September 2025 quarter, Greater Perth recorded the highest number of new lot sales ever in a single quarter, while at the same time the number of lots available on the market dropped to a record low.
These dual records capture the inte…
