2. Context/Background
Residential Property – Overlays
Two perspectives
1. Economic
2. Cultural
Current Planning Policy
Melbourne 2030
Melbourne @ 5 Million
Suitable suburbs?
Conflict in policy
Urbanisation or heritage preservation; can
we do both?
3. Where’s the value in heritage?
Tells a story/cultural identity
Developing countries - such as Brazil
Employment
New construction vs Rehabilitation
Multiplier effect
Heritage Tourism
Beypazari Yeniden Project
Embodied Energy
Maintain vs Demolish & Redevelop
Optimisation
What’s really the greenest building?
4. What are the issues?
Stress on urban growth boundary
Prevents intensification
Impact on ecosystems
Gentrification
Affordability crisis
Ownership rights
Maximise returns
Right to protect rural ecosystems
5. Heritage & Property Values
Limited Melbourne based literature
Bendigo Case Study
20 year period – 1844% vs 1432%
Surveys
James Quigley 1987
Urban Consulting Group 1995
Overseas studies
Robert Shipley 2000 - Canada
Rypkema 1994 - Canada
Leichenko et al. 2001 - Texas
6. Preservation vs Urbanisation
Can we do both?
Criticisms of Melbourne 2030
Links to infrastructure
Relax protections in appropriate areas
Let market dictate value – link to scarcity
