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What does the points of intersection in a bid rent theory graph represent?

Land users all compete for the most accessible land within the CBD. The result is a pattern of concentric rings of land use, creating the concentric zone model. As you buy land in the CBD its more expensive as you move to the outer suburbs the land prices are cheaper.


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offices tertiary industry


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Ashburton is 12 kilometres south-east of the Melbourne CBD, on the Alamein rail line.


Why do land values fall as you move from the CBD outwards in an urban area?

Propety values fall in an inversly proportional manner to distance from the CBD. Another contributing factor would be the prevalance of bogan behaviour and crime.


What are two uses of land in the CBD?

The lands in the CBDs are used to for Banking and Stockbrocking. they are mainly used in the interquatenary sector.


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