Accessibility and Residential Land Value Uplift
Identifying Spatial Variations in the Accessibility Impacts of a Bus Transitway
Bibliographic Data
| ID | 10860432 |
|---|---|
| Authors | Corinne Mulley (0000-0001-6411-1269, corresponding author) |
| Year | 2014 |
| Volume | 51 |
| Issue | 8 |
| Pages | 1707-1724 |
| Publication date | 2014-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Urban Studies (JOURNAL) |
| Journal identifiers | ISSN: 0042-0980 • E-ISSN: 1360-063X |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/0042098013499082 |
| OpenAlex | W2151998785 |
| Language | EN |
| Citations received | 47 |
| References cited | 24 |
New public transport investment can improve accessibility for existing and new users of the urban transport network and this can lead to land value uplift with uplift benefits being distributed in relation to the proximity of the location of the property to the infrastructure. This paper quantifies land value uplift and its spatial distribution for accessibility to different destinations for residential properties around a new-build Liverpool Parramatta transitway for buses in a suburban area of south-west Sydney, Australia. Geographically weighted regression (GWR) is used to take account of spatial dependency in the estimation process with the results being presented in map form. Results indicate that property prices are mainly determined by the property’s internal features and the neighbourhood effects, but accessibility by car and accessibility to employment along the transitway also contribute non-marginally. The GWR local model shows that accessibility varies significantly over geographical space demonstrating the advantages of this approach
Business · Civil engineering · Destinations · Economic geography · Economics · Geographically Weighted Regression · Geography · Investment (military · Land use · Land value · Natural resource economics · Neighbourhood (mathematics · Property value · Real estate · Statistics · Tourism · Transport engineering · Transport Network · Computer Science · Engineering · Housing Market and Economics · Mathematics · Spatial and Panel Data Analysis · Urban Transport and Accessibility
Multi-scale GeoXAI Analysis of Electric Vehicle Charging Points Spatial Equity in Singapore
Accessibility to transit, by transit, and property prices
Exploring the regional dynamics of transit-induced commercial gentrification
Spatially varying associations between the built environment and older adults' propensity to walk
The Reflection of Income Segregation and Accessibility Cleavages in Sydney’s House Prices
A new toolkit for land value analysis and scenario planning
Evaluating the urban land use plan with transit accessibility
Exploring the spatiotemporal patterns and correlates of urban vitality
Accessibility-based premiums and proximity-induced discounts stemming from bus rapid transit in China
Providing Urban Infrastructure Using Land-Based Financing Mechanisms. A Collaboration Between State and Non-state Actors in Ghana
Land Price Variability Assessment of a Transport Infrastructure Project in Pabna District, Bangladesh
Transportation infrastructure improvement and real estate value
The Impact of Compact and Mixed Development on Land Value
Housing price variations using spatio-temporal data mining techniques
A geographically weighted regression approach to investigating local built-environment effects on home prices in the housing downturn, recovery, and subsequent increases
The effect of young, single person households on apartment prices
Value‐added effects of transit‐oriented development
Impacts of bus rapid transit (BRT) on residential property values
Policy-led selection of the most appropriate empirical model to estimate hedonic prices in the residential market
A geographically weighted regression approach to investigating the spatially varied built-environment effects on community opportunity
Accessibility and proximity effects of bus rapid transit on housing prices
Exploring difference in value uplift resulting from new bus rapid transit routes within a medium size metropolitan area
Residential property value impacts of proximity to transport infrastructure
Do affluent neighbourhoods pay more for transit access? Exploring the capitalization of employment accessibility within different housing submarkets in Vancouver
Impact of bus rapid transit on residential property prices in Auckland, New Zealand
Do rail transit stations affect housing value changes? The Dallas Fort-Worth metropolitan area case and implications
The first rapid tram line in Poland
Impact of Heavy-rail-based Rapid Transit on House Prices
Rail accessibility and residential property values
Local versus regime convergence regression models
Determining the optimal land valuation model
A hedonic urban land price index
The value of green infrastructure to property prices
How does the extension of existing transport infrastructure affect land value? A case study of the Tyne and Wear Light Transit Metro system
The impact of Bus Rapid Transit (BRT) on land and property values
A comparison of new transport projects in Sydney, Australia
Environment-deterministic pedestrian behavior? New insights from surveillance video evidence
Human settlement value assessment from a place perspective
Economic value of 10-min neighborhood
Effects of rapid urban land expansion on the spatial direction of residential land prices
Revisiting urban sustainability from access to jobs
A longitudinal analysis of the effect of public rail infrastructure on proximate residential property transactions
Big data, accessibility and urban house prices
Diverging mobility situations in Greater Mexico City
A novel hedonic price modelling approach for estimating the impact of transportation infrastructure on property prices
From Proximity to Quality
Multimodal Accessibility and the Capitalization of Realized Access by Car and Transit in Housing Prices Across Canada
Location and Land Use
Multicollinearity and correlation among local regression coefficients in geographically weighted regression
Bus rapid transit impacts on land uses and land values in Seoul, Korea
Accessibility indicators for transport planning
Evidence of land use impacts of rapid transit systems
Analysis of the impact of the MRT system on accessibility in Singapore using an integrated GIS tool
Trip end models of local rail demand in England and Wales
House Prices and Accessibility
The land use—transport connection
The short-term land value impacts of urban rail transit
Comparative Statics Analysis of Urban Land Values in the Presence of Government Regulation
Measuring Accessibility
Financing Transit Systems Through Value Capture
| Unique citing works | 47 |
|---|---|
| Citations per year | 3,92 |
| Citation span | 2014 - 2026 (13) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 46 |