This study aims to demonstrate the potential opportunity cost savings for jurisdictions and therefore the overall community in the early acquisition (or protection) of infrastructure corridor land.
It presents a review of urban land price movements in Sydney, Melbourne and Brisbane for each land use type over the long term and then overlays this with an analysis of known economic and town planning policy, supply and demand drivers that appear to have influenced the market's response to land pricing.
The analysis identified relatively strong long-term land value capital growth performances in the outer zones of each city compared with inner and middle zones. The study presents average annual land value growth rates for each urban zone and land use type in each city.
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