In the 2026-27 Budget, we have invested a record $4.7 billion in housing, lifting total additional investment since 2021 to more than $10.8 billion.
These investments are making a real difference, with housing indicators continuing to move in the right direction:
- Building approvals growing to 25,050 homes over the year to February 2026.
- Building commencements increasing to 23,830 new homes in 2025.
- Our construction workforce grew to a record 172,500 in February 2026.
We are working with industry and the Commonwealth to boost supply, including through the new 100,000 Homes for First Home Buyers Program, and Housing Australia Future Fund.
Projects delivered in partnership with the Commonwealth are marked with a ©.
Unlocking land supply
This Budget, we are investing over $1.3 billion in land development, including unprecedented investment in power, water and other enabling infrastructure to unlock and deliver more land supply across Western Australia.
This includes:
- $686 million for DevelopmentWA to deliver thousands of new residential lots across the State and activate METRONET station precincts.
- $522 million to deliver power and water infrastructure that will open up thousands of residential lots in major growth corridors, including North Ellenbrook, East Wanneroo, and METRONET station precincts like Ballajura, Yanchep and Byford, along with other locations statewide. ©
- A $40 million top-up to the Infrastructure Development Fund, which is already supporting the delivery of over 10,000 homes across the State. ©
Investment in social and affordable housing
The Cook Government will deliver more than 5,000 social and affordable homes for Western Australians over the term of this Government. Our program of new social and affordable homes has increased to over 9,800 homes since 2021, with more than 4,000 already delivered.
This Budget includes:
- Over $1 billion new investment under the Housing Australia Future Fund partnership between the State and Commonwealth Governments - to deliver an additional 1,426 homes. ©
- $452 million to deliver a further 165 social housing dwellings, refurbish 215 houses, support land acquisitions, and undertake maintenance for WA's 45,000 social homes. ©
In March 2026, the first tenants moved into our repurposed, 236 unit Fraser Suites complex in East Perth.
First home buyer and housing finance
This Budget includes a $297 million housing tax package to support first home buyers and help seniors to downsize with:
- $208 million for a third round of stamp duty relief for first home buyers, including increasing exemption and concession thresholds for established properties and vacant land, assisting around 6,000 first home buyers per year.
- $13.8 million to increase the first home owner grant cap from $750,000 to $800,000.
- $73 million to extend the off-the-plan transfer duty concession for two years, increase the exemption and concession thresholds, and expand the program to include survey strata developments for the first time - particularly benefiting first home buyers and seniors looking to downsize.
The Budget also includes new or expanded financing options for home buyers.
- $375 million to build 500 affordable homes exclusively for first home buyers - including access to shared equity loans from Keystart. ©
- An increase in Keystart property price limits from $800,000 to $860,000.
The State and Commonwealth Governments will support the supply of affordable homes by assisting more multi-residential developments to get off the ground sooner.
- Keystart will offer a $250 million Pre-sale Guarantee to help developers meet pre-sale thresholds for apartment projects with at least 30 per cent affordable dwellings.
- The Commonwealth Government will offer a $250 million First Home Buyer Commercial Financing Facility, providing concessional loans to developers delivering affordable homes for first home buyers. ©
Growing the construction workforce
The Government is investing $51 million to boost training and workforce capacity to build more homes.
- $19.6 million for an additional 330 places under the GTO Wage Subsidy Program, bringing the total funding to $156.1 million, and supporting over 1,300 apprentices and trainees.
- A further $13.1 million to support an additional 1,100 places under the Construction Visa Subsidy Program and Build a Life in WA incentive.
- $18.7 million of the Fee-Free TAFE extension into 2027 will support the training of new construction workers including electricians, plumbers, bricklayers and plasterers.
Housing productivity and innovation
The Cook Government continues to look at other new ways to boost housing supply and productivity.
Last Budget, we announced our $75 million Build to Rent Kickstart Fund, and $50 million Housing Innovation Fund - the outcomes of which are due to be announced shortly.
This Budget, we've committed $48 million to two new Housing and Infrastructure Advanced Manufacturing Facilities in Kwinana and Neerabup.
These facilities are expected to support the delivery - by the private and government sectors - of thousands of apartments per annum by 2030, as well as non-residential infrastructure such as hospitals and schools.
Regional housing
This Budget invests $692 million for regional housing.
As the first initiative under the Seven Cities vision for regional WA, this Budget provides a landmark uplift in Government Regional Officer Housing (GROH) to deliver more than 500 new homes over the next five years, supporting more teachers, police and other key Government workers to live in one of our seven regional cities.
This includes an initial $419 million investment:
- $170 million to deliver 170 new GROH houses, through the Resources Community Investment Initiative.
- Expansion of the GROH Investor Program to fund at least 200 additional GROH homes targeting institutional investment.
- $184.4 million for a revamped Shared Equity Home Ownership Subsidy Scheme, helping GROH tenants to buy a home in the town they live in.
- Plus, a further $64.9 million to acquire additional homes and maintenance for GROH, WA Country Health Service and Horizon Power staff.
In addition, the Cook Government continues targeted measures to boost regional housing supply, including:
- A further $50 million boost to the Regional Housing Support Fund to meet strong demand, investing in programs across the State. ©
- $116 million investment to deliver 121 new lots at the Western Edge residential development in South Hedland, and 111 lots at the Broome North residential development.
Almost 20,000 new homes for regional WA
The Cook Government is delivering almost 20,000 new homes across regional WA.
This includes more than 2,800 GROH, social and affordable houses and almost 17,000 lots that are completed, under construction or planned, through investments since 2021.
