According to the latest report, Perth has become Australia’s fastest-moving property market, with houses selling in an average of just nine days. The article attributes this rapid turnover primarily to critically low housing stock, while buyer demand remains strong.

The report highlights that listings in Perth are well below long-term averages, creating intense competition among buyers and driving faster sales across the market. The shortage of available homes is identified as the key factor behind Perth’s accelerated property activity.

Beeliar back in January 2009. Credit: Nearmap

Beeliar today. Credit: Nearmap

This situation reflects a broader housing supply challenge across Australia, where insufficient stock continues to place pressure on affordability and market accessibility. In this context, large-scale initiatives focused on expanding housing supply are increasingly relevant.

Programs such as AUSMOD20K, which aims to deliver 20,000 modular homes nationwide, are aligned with the need to increase housing availability and help ease supply constraints currently evident in markets like Perth.

The Perth market underscores a clear reality: when housing supply fails to keep pace with demand, transaction speeds accelerate and access to housing becomes increasingly constrained—reinforcing the importance of scalable solutions to expand supply.

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