Residential Property Values and Mass Transit Service in Brisbane
Document Type
Journal Article
Publication Date
3-2008
Subject Area
economics - benefits, economics - value capture, land use - impacts, land use - planning, land use - smart growth, land use - transit oriented development, planning - integration
Keywords
value capture, locational theory, transit oriented development, TOD, Brisbane
Abstract
The paper reviews the relationship between mass transit service and property values in Brisbane.
Results indicate a clear preference in terms of observable price premiums for mass transit among attached housing markets, but results in the traditional detached housing market are less clear-cut. Median income housing consumers are another market segment clearly prepared to pay a premium for mass transit access.
Rights
Permission to publish the abstract has been given by Pacific Rim Property Research Journal.
Recommended Citation
Hale, C. (2008). Residential Property Values And Mass Transit Service In Brisbane. Pacific Rim Property Research Journal, Vol. 14, (1), pp 95-115.
