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Yes, no, sometimes :rolleyes: Scarcity, zoning, amenities, distance to CBD and location. All play a part to determining the value. Generally the bigger the block the cheaper it is per sqm unless it has some extreme density upsides for the size.

It's like the bulk method form of valuation. Buy 1 item, Buy 1000 items and the 1000 items will be cheaper. 100 acres is good for farming but 5-10 acre lots are attractive to tree changers or equine made people. He could look at converting his block into smaller but the cost of putting in...