Land Supply Boost: What It Means for Perth’s Property Market

Western Australia’s property market is set for a significant shake-up following the State Government’s announcement of a $101 million investment to unlock thousands of new residential lots across Perth and regional WA.

The initiative aims to tackle the state’s housing supply challenges by funding key infrastructure, including power, water, and sewerage, to support 33,000 new homesites over the coming years.

For buyers, developers, and settlement professionals, this investment marks a crucial step toward balancing affordability, availability, and growth.

What’s Driving the Land Supply Push

Over the past few years, Perth has faced an unprecedented shortage of developed land, fuelled by population growth, construction delays, and increased migration. The result? Rising property prices and limited housing choice.

To address this, the State Government and DevelopmentWA have unveiled plans for 6,300 new residential lots in metropolitan Perth, alongside regional expansions in the South West, Peel, and the Pilbara.

This program is designed to deliver “shovel-ready” land, accelerating development by ensuring headworks and infrastructure are completed early, making it easier and faster for builders and buyers to bring homes to market.

Where the Growth Is Happening

Key areas earmarked for expansion include:

• Perth’s northern corridor: Alkimos, Eglinton, and Yanchep: suburbs already benefitting from new Metronet connections.

• Southern growth areas: Baldivis, Byford, and Mandurah: where infrastructure upgrades are unlocking large tracts of residential land.

• Regional WA: Developments in Bunbury, Busselton, and Port Hedland will benefit from increased funding to boost local supply and attract workers.

By strategically investing in both metropolitan and regional centres, the government hopes to support sustainable population growth across the state.

What This Means for Buyers and Investors

For buyers, particularly first-home buyers, the land supply boost could mean greater housing choice and more affordable entry points. As more serviced land becomes available, pressure on prices may begin to ease, especially in outer-metro areas.

For investors and developers this signals renewed confidence in WA’s property pipeline. New infrastructure funding often drives long-term value, as improved roads, transport links, and utilities increase a suburb’s desirability.

However, while supply is expanding, demand remains high — meaning competition for well-located blocks will likely continue through 2025.

Settlement Implications

For settlement agents and property professionals, the increased volume of land transactions will bring both opportunity and responsibility.

• Off-the-plan and land-only contracts may see increased activity.

• Buyers will need clear advice around title issuance, developer timelines, and conditional contracts.

• Secure digital settlement tools, such as PEXA Key, will remain essential to safeguard funds and streamline processes as transaction volumes rise.

Looking Ahead

The land supply investment is one of WA’s most significant housing initiatives in years — a welcome move for a market grappling with limited stock and record-low rental vacancies.

If implemented effectively, this could lay the groundwork for a more balanced, accessible Perth property market — one where first-home buyers, families, and investors all stand to benefit.

At Adaptive Settlements, we’re here to guide buyers, developers, and investors through every stage of the settlement process. Whether you’re purchasing a new lot, building your dream home, or selling in one of Perth’s growth corridors, our expert team ensures your property transaction is smooth, secure, and stress-free.

Get in touch today to learn how we can assist with your next property move.