We have just released our latest Secret Agent report!
A subdivision refers to an area of land that has been divided into separate lots. In this report, Secret Agent wanted to investigate whether different shaped subdivisions have an impact on the sale price of a property.
The subdivisions in the suburbs we looked at for this report date back to the original founding of Melbourne. The shape of these subdivisions have a wonderful aesthetic from a bird’s eye view and break the grid like structure that is so common in Melbourne. These subdivisions have an elite European feel to them and perhaps reveal a lot about the early power structures within Melbourne society.