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Residential Property Values and Mass Transit Service in Brisbane

Author/s: Chris Hale

Date Published: 1/01/2008

Published in: Volume 14 - 2008 Issue 1 (pages 95 - 115)

Abstract

The paper reviews the relationship between mass transit service and property values in Brisbane. The 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.

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Keywords

Brisbane Property Markets - Integrated Land Use/Transport - Locational Theory - Public Transport - Tod - Transit Oriented Development

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