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Is it really the land component appreciating in value or is it the demand for commodity (ie Townhouse/Villa) being marketed that's increasing the value?

Yep. Using your numbers as an example - Total Lot Size = 90m2 of which 60m2 is the building footprint & 30m2 is the courtyard. Giving a 33.3% land component. Hope this helps.

Yeah you're correct, one's proxy for the other.. in reality the rates notice values usually reflect slightly greater. I chose the min 30%> criteria as it cull's out high rise units/apartments.

So its the Ratio of your unit back courtyard size to total unit lot size (Unit building footprint plus courtyard). I hope this helps

All depends on you chosen investment strategy. Sure buy land if you have a view to develop. You see, contrary to popular believe you see thrown around the media and elsewhere, it is not the land that determines growth. Its the level of demand for the commodity being marketed that does. Land...

I preferr to purchase Townhouses & Villas (with a 30% or greater land component thereby eliminating multi story units or high rise apartment), for several reasons. The mains ones being (in no particular order) - 1/ lower maintenance & upkeep for the tenant 2/ lower purchase or entry level into...