The hyper-inflation of Aussie vacant land costs

Tuesday 7 March 2017

CoreLogic’s Cameron Kusher recently published a blog post showing the hyper-inflation of vacant land costs across Australia.

According to CoreLogic, the median cost of vacant land across the combined capital cities rose by 4.1% to a record $253,000 in the year to December 2016, versus a 8.5% fall in regional areas to $151,000 – the largest annual fall on record:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.