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    2nd IP and Melbourne Areas

    This is published on 05/11/08. Things may have changed since then.
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    2nd IP and Melbourne Areas

    Presumably, high-rise blocks are newer and low-rise blocks are older, since it is more profitable for developers to build and sell more apartments over the same land area in the land-scarce inner suburbs. If buildings depreciate and land appreciates over time, why will the older, low-rise...
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    2nd IP and Melbourne Areas

    How do you calculate land content for an apartment? Is a lower body corporate fee the main reason for preferring a low rise block? 10 apartments versus 50 apartments (both occupying same land area) It is not as though more land can be extracted from the 10 apartments block. So why will...
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