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Housing Affordability in Western Australia 2025: A long way from home

Author

Listed:
  • Adam Crowe

    (School of Accounting, Economics and Finance, Curtin Business School)

  • Alan S Duncan

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Steven Rowley

    (School of Accounting, Economics and Finance, Curtin Business School)

Abstract

Housing has emerged as one of the most urgent and complex challenges facing Western Australia. From surging rents to escalating house prices, the state’s housing market is being stretched to its limits, placing acute pressure on households, communities and service providers alike. The issue is not simply one of affordability, but of access, equity and sustainability. Wherever you turn, the signs of a housing system under strain are impossible to ignore. This latest Housing Affordability in Western Australia 2025 report provides a comprehensive and evidence-based response to WA’s housing situation, offering critical insights into homelessness and housing needs. It provides a fresh analysis of the supply and demand dynamics and the changing geography of WA’s rental stock supply, bringing new data to understand better the real cost pressures and housing circumstances faced by families across the country. The report highlights that WA’s housing market is not keeping pace with the state’s record population growth. While completions have reached a seven-year high, the shortfall remains in the thousands, tightening supply, driving up costs, and locking out a growing number of people from home ownership or secure rental. For renters, especially those on low incomes or in single-parent households, the challenge is acute. And homelessness is becoming both more entrenched and more widespread, with rising demand from women, older people, and even those in full-time work.

Suggested Citation

  • Adam Crowe & Alan S Duncan & Steven Rowley, 2025. "Housing Affordability in Western Australia 2025: A long way from home," Bankwest Curtin Economics Centre Report series FWA19, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
  • Handle: RePEc:ozl:bcecrs:fwa19
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    File URL: https://bcec.edu.au/assets/2025/06/BCEC-Housing-Affordability-in-WA-2025-Report.pdf
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    JEL classification:

    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • N67 - Economic History - - Manufacturing and Construction - - - Africa; Oceania
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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