Quarter acre dream is over for many regional land buyers

Jack Needham
By Jack Needham
Updated December 10 2021 - 5:13am, first published December 9 2021 - 10:00pm
Nicole Sobey and her partner purchased a 350 square metre block in Ballarat in 2020. Picture: Luke Hemer

It's widely accepted that the quarter acre dream is dead in Australia's capital cities, but land shortages in regional hotspots mean buyers here are now having to downsize their backyard and scale up their budgets.

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Jack Needham

Jack Needham

Property News Editor

Jack has been writing about real estate since 2015, covering residential and commercial property markets throughout Australia for the likes of Smart Property Investment and Domain. He has also spent time in the United States researching real estate trends, with a focus on housing affordability issues, for the California Association of Realtors.

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