The 2024-25 annual national accounts from the Australian Bureau of Statistics (ABS) revealed that the total value of residential land increased by 7.0% over the financial year to a record $8.3 trillion.
Total residential land values in Australia have risen from 1.1 times GDP in 1989 to 3.0 times GDP in 2024–25.
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Land now accounts for 75% of Australia’s housing stock, up from 54% in 1990-91.
