Perth’s residential land market has reached a new milestone, with the average price of new land in Greater Perth now exceeding $400,000. Recent UDIA WA data places the average at $404,150 for the December 2025 quarter, reflecting a 6.3 per cent rise on the previous quarter and a 16 per cent increase over the past year.
While the figure highlights strong growth, it also reflects the underlying fundamentals shaping Western Australia’s property market. Perth continues to experience the highest population growth in the country, supported by a resilient economy, low unemployment and a lifestyle that continues to attract new residents.
At the same time, the available land supply remains limited. At the end of the December 2025 quarter, just 250 residential lots were available across Greater Perth, well below the five-year average of 1,180. It’s positive to see developers are increasing construction activity to bring new stages to market sooner, as we have seen across many of our estates in early 2026.
Government initiatives are also supporting buyer activity. Programs such as the Federal Government’s 5 per cent deposit scheme and Help to Buy initiative are helping more Australians enter the market, particularly first home buyers, who now represent a significant portion of new land purchases.
For buyers considering building, the current environment reinforces the importance of understanding where new land opportunities are emerging. Despite recent price growth, Perth remains affordable compared with other Australian capital cities, and new land releases continue to provide pathways to home ownership.
With nearly two decades of experience selling residential land across Perth, Land4Sale works closely with buyers to identify opportunities and navigate the land acquisition process with clarity and confidence.
Speak with our land specialists to learn more about current and upcoming land opportunities across Perth.
