The contribution of social area analysis: Modelling house price variations at the neighbourhood level in Australia
International Journal of Housing Markets and Analysis
ISSN: 1753-8270
Article publication date: 30 September 2013
Abstract
Purpose
This paper aims to draw the disciplines of demography and housing research closer together and looks to social indicators for an insight into the level of house prices.
Design/methodology/approach
A two-stage process was used to examine a global capital city. The first stage used social area analysis to examine household characteristics for at the suburb level, followed by stage two which examined the relationship between these demographic valuables and the level of house prices.
Findings
While acknowledging the overall level of house values is also influenced by many other factors including economic and political variables, considerable differences in housing values between different suburbs can reliably be explained by demographic variables.
Originality/value
These findings provide a new insight into the relationship between demographic variables and house prices at the neighbourhood level.
Keywords
Citation
Reed, R. (2013), "The contribution of social area analysis: Modelling house price variations at the neighbourhood level in Australia", International Journal of Housing Markets and Analysis, Vol. 6 No. 4, pp. 455-472. https://doi.org/10.1108/IJHMA-02-2013-0011
Publisher
:Emerald Group Publishing Limited
Copyright © 2013, Emerald Group Publishing Limited