Multiple types of land use
There are multiple types of land use, such as:
- residential - for housing
- recreational such as parks and playgrounds
- transport for roads, railways and airports and other types of space for transportation
- agricultural such as for farmlands and crops
- even combinations called “Mixed use”.
Most countries have regulations about how land in different areas may be used. In Australia, land use and development is governed by zoning decisions, made by local government council authorities. These zoning uses control what types of “activities” can to be conducted in various areas in that local government area.
The local government will determine that some of the land needs to be for retail use in a particular area, some for industrial use ,-some for recreational use, some for agricultural use, some for residential use and some for high density residential use. The zoning controls play an important part in determining the value of the property because demand and supply is affected.
You may be interested in developing or investing in only one type of land use, such as for residential use. The first task, when looking to purchase any form of real estate, is to check the zoning characteristics, to determine if it is fit for your purpose.
How do you check the type of zone a property is in?
For the purposes of this step, find a single block of residential land (without a residence on it) that is for sale in the State of Victoria, Australia. You can use a website like realestate.com.au, filter to the State of Victoria and then search for a vacant block of residential land.
Determine the zoning by searching the Victorian Government’s Planning Maps Online website. By agreeing to proceed into the site, you will be able to search for zoning classifications.
Type in the address and the suburb and click “Search”. (Most other states will have similar mapping sites available.)
Then click “Legend” in the top left corner and locate what zoning that block has - let’s say it’s RGZ for Residential Growth Zone.
To find out what this permits you to do click “Information” and then Residential Growth Zone (RGZ).
If you click on “Zones and Overlays” you will see a myriad of uses around the area you have chosen to investigate.
Can you identify a website that provides planning maps for your area? Share it with others. Adapt the above mentioned activity using this information. Now respond to the following questions based on what you find.
Work with the Planning Maps Online website or a similar website with information about an area of interest to you to review various zonings.
Investigate farming (agriculture) zonings, recreational zonings, retail (or other commercial) zonings on the site. Explain how you believe the zoning may influence the land price.
Where could you find information about zoning or urban planning maps for your area? Are zoning classifications used in these maps similar to those used in Victoria, Australia?
Would you expect retail zoned blocks of land to be more expensive than residential zoned blocks of land? Why?
Would you expect medium and high density zoned sites (for multiple dwellings) to be priced higher than single residential blocks of land? Why?
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