Planning File No: BNE-210367.JC Land Value Averages – Priority Infrastructure Page 6 Table 1. Framework of land value categories Zone/Precinct Code Group Additional Components Low Density Residential (LDR) 1 Includes sites Road distance from GPO: >200m² Character residential (CR1) (Character) 0-3 km Character residential (CR2) 3-5 km (Infill) 5-8 km Low-medium 2 Includes sites 8-12 km >200m² residential (LMR1) (2 storey) 12+ km (<2000m²) Low-medium 12+ km (>2000m²) residential (LMR2) (2-3 storey mix) Low-medium Road distance from regional centre: residential (LMR3) (Up to 3 storey) Emerging community (EC) km Medium density 3 Includes sites residential (MDR) >399m² > 1km Mixed use (MU2) (Centre frame) Mixed use (MU3) (Corridor) High density residential 4 Includes sites (HDR1) (Up to 8 storeys) >300m² High density residential (HDR2) (Up to 15 storeys) Mixed use (MU1) (Inner City) Principal centre (PC1) (City 5 Includes No distance zone applies Regional Centre) sites 300m² Principal centre 6 Includes sites No distance zone applies (PC2) (Regional >300m² Centre) Major centre (MC) 7 Includes sites No distance zone applies >300m² District centre (DC1) (District) 8 Includes sites No distance zone applies >300m² District centre (DC2) (Corridor) Specialised centre (SC4) (Large format retail) The Emerging Community (EC) zone is not strictly residential, and is often applied to land with significant development 1 constraints. From a market perspective, EC land reflects similar values to LMR zoned land, hence its inclusion in Group 2. Constraints on EC land are dealt with in Task 5.
Land Value Averages – Priority Infrastructure Planning File No: BNE-210367.JC Page 6 Table 1. Framework of land value categories Zone/Precinct Code Group Additional Components Low Density Residential (LDR) 1 Includes sites >200m² Road distance from GPO: 0-3 km 3-5 km 5-8 km 8-12 km 12+ km (<2000m²) 12+ km (>2000m²) Road distance from regional centre: km > 1km Character residential (CR1) (Character) Character residential (CR2) (Infill) Low-medium residential (LMR1) (2 storey) 2 Includes sites >200m² Low-medium residential (LMR2) (2-3 storey mix) Low-medium residential (LMR3) (Up to 3 storey) Emerging community (EC) Medium density residential (MDR) 3 Includes sites >399m² Mixed use (MU2) (Centre frame) Mixed use (MU3) (Corridor) High density residential (HDR1) (Up to 8 storeys) 4 Includes sites >300m² High density residential (HDR2) (Up to 15 storeys) Mixed use (MU1) (Inner City) Principal centre (PC1) (City Regional Centre) 5 Includes sites 300m² No distance zone applies Principal centre (PC2) (Regional Centre) 6 Includes sites >300m² No distance zone applies Major centre (MC) 7 Includes sites >300m² No distance zone applies District centre (DC1) (District) 8 Includes sites >300m² No distance zone applies District centre (DC2) (Corridor) Specialised centre (SC4) (Large format retail) 1 The Emerging Community (EC) zone is not strictly residential, and is often applied to land with significant development constraints. From a market perspective, EC land reflects similar values to LMR zoned land, hence its inclusion in Group 2. Constraints on EC land are dealt with in Task 5.
Extrinsic%20material_Transport%20network.docx