How property markets responded to newly-installed public transportation — the Australian experience.

Burquitlam-Station-Platform-SkyTrain-Evergreen-Line
Burquitlam station — Evergreen Line.

Property markets rise and fall as transport systems reshape accessibility in cities. Planners occasionally use ‘value capture’ funding and financing to help pay for public transport. But understanding where and when values rise is critical to the efficiency and equity of such schemes. This presentation looks at recent evidence from a set of Australian busway, rail and ferry projects that reveals great variation in how transport affects property values, including both spatial patterning and timing of uplift.
Matthew Burke is an associate professor in Griffith University’s Cities Research Institute. His research focuses mainly on travel behaviour, transport planning and the interactions of transport and land use. Matthew also helps coordinate much of his university’s transport research effort. In 2017 Griffith University was recognized among the top 100 universities in the world for research in the field of transportation science and technology in the Shanghai Rankings.

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