First home buyers flood Perth's land market as supply struggles to keep up
First home buyers now account for more than half of Perth's new land sales, but strong demand, rising prices and supply bottlenecks are keeping pressure on the market.
Perth’s new land market remains under pressure as strong demand from first home buyers collides with ongoing supply constraints. (Image source: bmphotographer/Shutterstock.com)
Perth’s new land market continues to demonstrate remarkable resilience, despite ongoing affordability pressures, supply constraints and a changing economic environment.
The latest UDIA WA Urban Development Index for the June 2026 quarter provides an important snapshot of a market that remains fundamentally underpinned by strong demand, even as sales volumes soften and prices continue to rise. The figures tell a clear story of Western Australians…
