RBA Report Highlights Housing Supply and Cost Challenges
By Ravs Realtors · 5 November 2026 · 1 min read · Source: Property Update
The latest RBA Chart Pack reveals a substantial deficit in housing supply across Australia, exacerbated by soaring residential construction costs. This renders many proposed developments financially unfeasible, hindering efforts to meet the government's goal of 1.2 million new homes.
In Melbourne's western growth corridor, this ongoing supply constraint could mean continued pressure on rental markets and limited new housing options. Developers may face increased challenges in bringing projects to market, impacting future housing availability.
Summarised by Ravs Realtors from reporting by Property Update.
