WHY LAND IS SHRINKING BUT HOUSES ARE NOT

The size of land for new builds has been falling for a decade, while the size of new houses on that land remains mostly unchanged, new data shows.

Across the five major capitals, land size for newly built homes has shrunk by 13% over the past decade, according to the Australian Bureau of Statistics.

Of all capital cities, Brisbane saw the largest decline, with housing land sizes decreasing by 20% on average.

With more available and affordable land relative to Australia’s largest capitals, demand for land in Brisbane has increased. This is a result of interstate migration to Queensland and a surge in the number of locals building homes.

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