I have come across this article written by a well respected valuer which I believe is well worth reading.
Who’s got the biggest?
When it comes to land area, size matters. Or at least it used to. More recently, with affordability pressures from a buyer’s perspective, yield pressures from a development perspective and urban management from a policy perspective, we have seen an extended trend towards smaller blocks of land across each of the capital cities.
To read the full article please click here.