Abstract
This study analyses the existence of land price heterogeneity using an emperical model fitted to data collected from three successfully completed land development projects in Sydney, Australia. The results indicate that price heterogeneity within a region ensures efficient subdivision of land in residential developments. In addition, these results have wider implications for land-use allocation and city planning.
Original language | English |
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Title of host publication | Current Research in Modelling, Data Mining & Quantitative Techniques |
Publisher | University of Western Sydney |
Number of pages | 18 |
ISBN (Electronic) | 0975159909 |
ISBN (Print) | 9780975159903 |
Publication status | Published - 2003 |
Event | Workshop on Advanced Research Methods - Duration: 1 Jan 2003 → … |
Conference
Conference | Workshop on Advanced Research Methods |
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Period | 1/01/03 → … |
Keywords
- real property
- prices
- city planning
- economic lot size
- land subdivision
- Sydney, N.S.W.