“It’s Like Winning the Lottery But Without Buying a Lottery Ticket”: Housing Market Impacts of Compact City Planning, Upzoning, and Collective Sales
Date
2025
Authors
Liu, S.
Ruming, K.
Gillon, C.
Pinnegar, S.
Crommelin, L.
Easthope, H.
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Journal article
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Urban Policy and Research, 2025; 43(1):33-51
Statement of Responsibility
Sha Liu, Kristian Ruming, Charles Gillon, Simon Pinnegar, Laura Crommelin, Hazel Easthope
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Abstract
The delivery of compact city planning in Australia typically relies on the private sector, with upzoning mobilised by planning authorities to entice private development. This often involves land reconfiguration, requiring developers to consolidate multiple small land plots. In some precincts, land assembly is being initiated by residents coming together to sell; what we call collective sales. This paper explores how upzoning and collective sales combine to influence prices in three Sydney upzoned precincts. The analysis reveals that these impacts are variable and are influenced by factors such as precinct size, rezoning timing, planning incentives, development sector structure, and resident actions.
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© 2025 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.