Despite last year’s shortfalls for Australia’s Housing Accord, the opportunity awaiting conveyancers remains strong

The Federal Government’s push for high-density housing is accelerating across the nation. This urgency follows a significant shortfall from the National Housing Accord 2025 target, in which approximately 75% of targeted building was met. The government’s National Housing Accord aims to complete 1.2 million new houses in the next 5 years.

The move towards high-rise living to meet the 1.2 million target is mandated by the National Planning Reform Blueprint, which explicitly incentivises the development of denser dwellings. This pledge to supply new homes creates a significant opportunity in the conveyancing industry for growth and specialisation. With added volume and complexity of transactions, property lawyers and conveyancers are well positioned to elevate their role and skillsets.

Opportunities for conveyancers in the vertical market

This period offers clear pathways for professional advancement and profitability:

  • Specialisation: The rise in strata, community, and company titles creates immediate demand for experts. Conveyancers who master complex Owners Corporation (OC) rules, building defect legislation, and off-the-plan contracts become highly valuable specialist advisors. They can justify higher professional fees for specialist risk mitigation advice.
  • Volume and efficiency: A surge in purchasing and general market activity means increased work volume. Firms must strategically embrace technology solutions to capitalise on this opportunity. By adopting technology, conveyancers will be able to take on greater volume and focus their expertise on complex legal review, moving higher up the value chain.
  • Elevated advisory role: High-rise transactions are more complex with added risks to manage around sunset clauses and title restrictions. This transforms the conveyancer’s role from a processor to a trusted risk advisor. This deep advisory capacity will contribute to building stronger client loyalty and secure long-term business. Rigorous automated search and document ordering is also critical for delivering this high-level due diligence.

Where can conveyancers expect to see this density-drive?

The high-density opportunity is concentrated into the capital cities where most of the supply shortfall must be recovered:

  • Sydney: For conveyancers, the focus in Sydney will be to master strata laws and manage a high volume of complex, off-the-plan settlement risks. Vertical development is being used to combat land scarcity with planned building heights slated to fall between 25 and 40-storeys high.
  • Melbourne: Conveyancers with expertise in Owners Corporation requirements, managing disclosure statements, and rules for new inner-ring developments will be well positioned. A mix of housing towers across the inner city, along with high-rise residential, office towers, and new 20-storey transport hubs are set for development. 
  • Brisbane: The Olympic infrastructure and population boom are generating a high volume of new unit sales and require expertise in reviewing intricate community management statement reviews. Over the next 25 years, the 2032 Olympic city aims to build 210,000 new homes.
  • Adelaide: The state government is actively encouraging high-rise development via the City Building Heights Code Amendment. With over $10 billion in development either planned, approved or under construction for mixed-use, hotels and commercial projects, these projects ensure a constant pipeline of commercial leases, master community title documentation, and high-density residential conveyancing opportunities.
  • Perth: The WA Government plans to address the National Housing Accord by accelerating density around 10 key train stations and extending Off-The-Plan Transfer Duty Concession. Conveyancers with specialities in strata title properties, managing off-the-plan contract risks, and navigating the new planning reform incentives will be well position in the market.

Key takeaways for conveyancers

For conveyancers, the National Housing Accord has set a clear call to action for 2026: embrace specialisation, master eConveyancing, and adopt automation. While last year’s targets fell short, the pressure to relieve the cost of living crisis and to provide adequate housing remains a pressing issue for the Australian public. Legal professionals prepared to improve their expertise and leverage technology will secure the highest value work and maintain a competitive advantage in the industry. 

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