Hi,
As the title suggests interested in whether a concentration of high density apartments in a developing suburb result in increasing median incomes for an area and subsequently lead to suburb gentrification.
I'm also specifically interested in Liverpool. Whilst i live about 5km away from the Liverpool CBD, i've never particularly thought very highly of the CBD area. It has comparatively higher unemployment, lower incomes than the rest of the Sydney. As a result there isn't a thriving cafe, bar, restaurant, arts culture in the suburb. With all these new higher density apartments that are being built will this mean that the suburb will change or will it merely house more of the same type of people.
I work in Parramatta and whilst you can still see many of the lower socio-demographic aspects of the suburb it now has a bustling cafe culture that is suited to residents with higher disposal incomes - which i think is probably contributed to the big business more than the high density living (however there aren't too many of the big high rises finished just yet).
Thoughts????
Q
As the title suggests interested in whether a concentration of high density apartments in a developing suburb result in increasing median incomes for an area and subsequently lead to suburb gentrification.
I'm also specifically interested in Liverpool. Whilst i live about 5km away from the Liverpool CBD, i've never particularly thought very highly of the CBD area. It has comparatively higher unemployment, lower incomes than the rest of the Sydney. As a result there isn't a thriving cafe, bar, restaurant, arts culture in the suburb. With all these new higher density apartments that are being built will this mean that the suburb will change or will it merely house more of the same type of people.
I work in Parramatta and whilst you can still see many of the lower socio-demographic aspects of the suburb it now has a bustling cafe culture that is suited to residents with higher disposal incomes - which i think is probably contributed to the big business more than the high density living (however there aren't too many of the big high rises finished just yet).
Thoughts????
Q