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The latest happenings in the Melbourne property market. For our Essays and The Secret Agent Report, see our Research page.


Category Archives For: Urbanisation

The Secret Agent Report – Upzoning

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Affordable housing is an issue many cities are currently facing. Upzoning is a potential solution to the issue, however prominent geographer Michael Storper suggests that upzoning actually makes housing more expensive.

The process in which zoning restrictions and building codes are removed to allow for higher density housing is called upzoning. Upzoning as a definition is simple. However, the deregulation of land zoning has consequences that are much more complicated to predict.

In this report, Secret Agent will take a deeper look into upzoning and how it has been impacting property markets in various cities of the world.

Access the Upzoning report now!

 


The Secret Agent Report – Shrinking Cities

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Urbanisation has been an ongoing trend over the past few decades. It has had a huge impact on shaping our cities into what they are today. It has also influenced property prices.

Urbanisation is fuelled by population growth. This is often a result of people seeking job opportunities or education in cities and obviously happens at different rates depending on which particular city you’re talking about.

What is becoming apparent from population measurements and predictions, is that a reversal of urbanisation is taking place in some cases. Just as there are positive feedback loops which propel the growth of a city forward, the opposite is also true.

With limited land available, as well as congested infrastructure and roads, it’s plausible that there is an upper limit on how urbanised an area can become. What happens once this limit is reached is not known for sure. There are indications that it can result in the opposite of urbanisation which is de-urbanisation. The world’s biggest cities need to prepare to manage this carefully in order to continue to thrive.

In this report, Secret Agent will discuss the potential impact of de-urbanisation and shrinking cities.

Access the Shrinking Cities report now!

 


The Secret Agent Report – Gentrification

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Most of us have heard of gentrification and associated it with the Melbourne suburbs of Brunswick, Abbotsford, Footscray and Collingwood. These suburbs have gone through huge transformations in the past decade or so. From unattractive areas, high in crime and drug use, they’ve become popular places to visit because of their edgy vibe as well as their trendy food destinations. The areas have been cleaned up and crime has decreased. Younger people especially, are easily seduced into moving to an area once they experience the lifestyle. They desire the convenience of being located close to work, whether that be in the CBD or tech hubs such as Collingwood and Cremorne.

Gentrification is a lot more complex than the revitalisation of an area. In fact it is very different. It’s not about the old being replaced by the new, or poor becoming improved.

This report Secret Agent is going to take a deeper look at gentrification and the way it affects urban neighbourhoods.

Access the Gentrification report now!


The Secret Agent Report – The Driverless World

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It would be hard to imagine a time without cars on our roads. They have changed our lives in many ways, especially in terms of where we choose to live.

In a similar way, it is hard to imagine a time when we will be able to jump into a car and go anywhere we desire, without having to be driven by someone or drive it ourselves.

Autonomous vehicles are a part of our future, whether we like the idea of them or not. They will likely impact all of us in some way. This issue of The Secret Agent Report will look at the potential impact autonomous vehicles may have on the city and on property prices.

Access The Driverless World report now!

 


The Secret Agent Report – Digital Cities

We have just released our latest Secret Agent report.

The predominance of technology in our everyday life has rapidly increased over the past decade. From smartphones to smart homes, spearheaded by products like Google Home and Amazon Alexa, Information and Communications Technologies (ICT) are beginning to look like an unavoidable part of modern life.

The predominance of ICT is not solely confined to the personal sphere. Governments and companies are also responsible for an ever-expanding digital infrastructure, particularly in cities. This “digital skin” is made up of millions of sensors which create vast amounts of data on everything from consumer habits to traffic patterns.

In this report, Secret Agent offers an outline of the digitisation of cities, and what the implications of this might be for the future. We primarily draw on a 2014 paper by Chirag Rabari and Michael Storper, but also bring in research from elsewhere.

Access the Digital Cities report now!


The Secret Agent Report – The Zoning Effect

Detroit is largely composed, today, of seemingly endless square miles of low-density failure.” – Jane Jacobs

We have just released our latest Secret Agent report!

variety of forces affect the real estate market, one of which is zoning controls: local government policies that control the supply of housing in some way. Although they may provide benefits, these controls also push up the price of housing.

In this report, Secret Agent will break down the findings of a recent RBA paper by Ross Kendall and Peter Tulip on the zoning effect.

Access The Zoning Effect report now!


The Secret Agent Report – Car Free City

Traffic congestion is caused by vehicles, not by people in themselves.” – Jane Jacobs

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In this report, Secret Agent will discuss the benefits of car free cities. We will look at other cities that have gone car free and the requirements to make it work successfully.

As more people choose to live and work in our city centres, cities need to be optimised for people rather than cars. There are various ways of doing this as will be discussed in examples throughout the report.

Access the Car Free City report now!


The Secret Agent Report – Co-Living

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This month, Secret Agent takes a closer look at the co-living spaces that are emerging across the world. While this trend is something we have seen before, it has re-emerged in a modern form and is changing the way people think about living – and working.

Access the Co-Living report now!


Sustainable Urban Landscapes

Sketch

Secret Agent recently reported on sustainability and looked at various ways sustainable features can be incorporated in the design of commercial or residential buildings. In this post, we take a look at sustainability from an urban planning perspective. Sustainability in the urban setting is about “finding new and better ways to achieve the same or better functionality, new materials and new technologies” as demonstrated in the following emerging trends.

Read the full post


The Secret Agent Report – Urban Spaces

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Cities with dynamic streetscapes make inner city living attractive to many, and inevitably stimulate the growth of property prices as demand becomes greater. Arguably, what makes a city liveable is the quality of its public spaces.

As Melbourne’s city apartments continue to grow in number, and yet shrink in size, it is important that we maintain the desirability of public, shared spaces for mutual enjoyment.

This month, Secret Agent wanted to find out what differentiates a great urban space from the rest.

Start reading this report by clicking on the link below:

Register to receive our report monthly and access the Urban Spaces report now!

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