Accessibility navigation

Urban Growth Boundaries and their impact on land prices

Ball, M., Cigdem, M., Taylor, E. and Wood, G. (2014) Urban Growth Boundaries and their impact on land prices. Environment and Planning A, 46 (12). pp. 3010-3026. ISSN 0308-518X

Full text not archived in this repository.

It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing.

To link to this item DOI: 10.1068/a130110p


Undeveloped land transactions at the urban fringe of the Melbourne metropolitan area in Australia are recorded in a dataset that enables exploration of the impact of its urban growth boundary (UGB) on residential land prices. Estimation can take account of a wide range of factors, while controlling for policy anticipation effects and other potential influences on land prices. Modelling estimates indicate that land prices rose substantially inside the UGB after its enactment in 2003, but did not rise much outside of it. These results suggest that the urban growth boundary has had a significant upward effect on the trajectory of the urban region’s house prices. Keywords: urban growth boundary, land prices, land market dynamics

Item Type:Article
Divisions:Henley Business School > International Business and Strategy
ID Code:42597

University Staff: Request a correction | Centaur Editors: Update this record

Page navigation