What Is A Land Banked Suburb?
One of the fundamental drivers of capital growth is supply and demand. When demand exceeds supply, this leads to increasing values as buyers compete over a limited number of properties or land within a specific location. A suburb becomes land banked, or land locked, when there is no available land available for development. When searching
One of the fundamental drivers of capital growth is supply and demand. When demand exceeds supply, this leads to increasing values as buyers compete over a limited number of properties or land within a specific location.
A suburb becomes land banked, or landlocked when there is no more land available for development.
When searching for landlocked locations, a factor investors often fail to consider is if and suburb has recently been rezoned for higher density occupation. Zoning is a key consideration that must be taken into account as changes will greatly impact future supply.
If you are hoping to benefit from capital growth through your next purchase, buying in a suburb that has less supply than demand should be an aspect of your overall strategy.
