Tim Lawless, research director at property consultant Cotality, attributed the strong performance in cities like Perth to a combination of below-average listings and high buyer demand. However, this price surge comes amid a backdrop of worsening housing affordability, with the national dwelling value to household income ratio reaching record highs. Lawless noted that stretched affordability is likely to diminish borrowing capacity and credit access for many Australians.
In response to escalating housing costs, Prime Minister Anthony Albanese’s Labor government has committed to building 1.2 million homes by 2030 to alleviate pressure on the housing market and improve the availability of affordable dwellings. This initiative aims to address the supply-demand imbalance and provide more opportunities for first-time homebuyers.
For individuals looking to enter the property market, it's essential to stay informed about market trends and consider various financing options. Utilizing tools like home loan calculators and seeking professional advice can aid in making informed decisions aligned with personal financial goals.
Published: Thursday 18th December, 2025
Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.
