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NSW land values just hit $3trn. Why the record high is ‘not healthy’

Paul Karp

Total land value in NSW has topped $3 trillion for the first time – after unprecedented growth during COVID-19 and demand for housing.

But NSW valuer general Sally Dale is not cheering the result, acknowledging price rises are “probably not healthy” and add to the strain on home buyers.

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Paul Karp is The Australian Financial Review’s NSW political correspondent.

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    Original URL: https://www.afr.com/politics/nsw-land-values-just-hit-3trn-why-the-record-high-is-not-healthy-20250224-p5lej7