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Public transport investment is normally targeted at increasing accessibility which land rent theory identifies will in turn increase land values. There is clear policy interest in how much land values increase following a new transport investment so as to establish if there is sufficient land value uplift to capture to help pay or contribute to investment plans. Identifying uplift for residential land has been well studied in the context of new light rail systems and bus rapid transit (BRT) systems in developing countries but there is little evidence for BRT in developed countries. This paper has two objectives. First, to examine long term impact of BRT in a developed world context in Brisbane, Australia as studies in Sydney, Australia. This provides an addition to the BRT literature in developed countries where the only other suggests little uplift in comparison to developing world contexts. Second, to consider the spatial distribution of uplift which is an essential prerequisite to understanding the distributional impact if uplift is used to contribute to infrastructure provision. Spatial modelling is used to examine the accessibility impacts of the BRT and this is followed by Geographical Weighted Regression, used to examine the spatial distribution of accessibility. The results show there is greater uplift in Brisbane, as compared to Sydney, Australia which is likely due to the greater network coverage of BRT in Brisbane and a relative lack of rail based competition. Land value uplift is also spatially distributed over the network giving higher uplift in some areas than others and lower values than typically found with rail based systems in developed countries. Highlights • Being close to BRT adds a premium to the housing price • The price premiums varies over space • High-frequency feeder bus network appears to be the key for the capitalization effects • GWR improves spatial models by accounting for spatial non-nonstationarity

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