Australia Needs More Homes
Australia is not building enough homes.
In this episode of Property Now, Stuart Ayres from UDIA NSW explains why housing supply is falling behind and why infrastructure may be the biggest unlock for future property growth.
The Housing Problem Is Bigger Than Construction
Building homes is not just about land and builders.
New communities also need:
- Water pipes
- Sewer systems
- Roads
- Electricity
- Public transport
- Schools and hospitals
Without that infrastructure, new housing projects cannot move forward.
Why Off the Plan Housing Is Becoming Harder
The podcast highlights a major challenge for off the plan developments.
Construction costs continue rising while buyer affordability struggles to keep up.
That creates a “feasibility gap” where projects become too expensive to build compared to what buyers can actually afford.
This is one reason many first home buyers feel locked out of the property market.
Who Pays for Infrastructure?
One of the biggest issues discussed is infrastructure funding.
Developers often pay large infrastructure contributions and taxes before homes are even built.
These costs eventually flow into the final property price.
In some areas, infrastructure-related taxes can add up to $200,000 to a new home price.
Why Western Sydney Matters
Western Sydney and the new airport precinct were highlighted as major future growth areas.
The discussion focused on:
- Bradfield City
- The Aerotropolis
- Metro rail connections
- New roads and transport
- Future apartment and townhouse growth
The long-term vision is to create more affordable housing opportunities closer to future jobs.
Faster Approvals Could Help Buyers
One of the clearest points made in the episode was simple:
Time is money.
Slow approvals increase costs for developers, which pushes property prices even higher.
Faster planning approvals could help increase supply sooner.
How Coposit Helps Buyers Enter the Market Earlier
As property prices continue rising, many Australians struggle to save large deposits.
Coposit helps eligible buyers secure off the plan property with a smaller upfront amount while paying the balance in instalments before settlement.
For first home buyers and downsizers, this can create a more flexible path into the property market.
What This Means for the Future of Property in Australia
The episode makes one thing clear.
Australia’s housing crisis cannot be solved with one single change.
Infrastructure, planning, tax reform, faster approvals and more housing supply all need to work together to improve affordability and help more Australians buy property.
