Source:Auckland Council, RIMU
Topics:Economy, business and industry
This case study has evaluated the impacts of the Hauraki Gulf on property land values in the North Shore of Auckland. The study used the Hedonic price modelling to quantify the effects of Gulf amenity. Previous studies have focused on the impact of views on property values rather than the impact of beach amenity on property value. This study considers both and provides an empirical analysis of the impact of access to the nearest designated beach as well as view amenity for more than 8500 properties, in 12 census area units on the North Shore.
Auckland Council working paper, WP2012/001