Understanding the impact of Bus Rapid Transit (BRT) on property values - a case study of Brisbane, Australia

Abstract

Investment in public transportation is an essential solution to reduce car traffic and improve transport sustainability in a high-speed urbanised context. In an age of global fiscal restraint, the re-emergence of a bus-based transport mode, Bus Rapid Transit (BRT), has generated great interest from urban planners and governments, since it provides high quality transit services, with less expenditure and flexibility advantages compared with other modes. On the other hand, researchers and practitioners have shown interest in the value BRT can add to urban real estate prices, since Land Value Capture (LVC) is increasingly seen as a potential way to finance transport projects. Publications included in this thesis This thesis includes one published conference proceeding, which has been incorporated as one core analytical chapter. The text has been retained to be consistent with the original form in publication. Contributions of all authors to the publications are indicated as follows: