Journal article
Impact of Airport Noise on the Value of Residential Houses and Units: Gold Coast Airport
Journal of New Business Ideas & Trends, Vol.18(2), pp.22-29
2020
Abstract
Purpose: The purpose of this study is to examine the impact of airport noise on the value of residential houses and units in the Gold Coast airport zone over the period 2012 to 2016. Design/methodology/approach: The method employed is derived from the literature and involved collecting qualitative data regarding residential values within the flight path and outside the flight path. The data was examined using the statistical t-test to determine the level of significance between the average residential house values as well as units under the flight path comparing the impact of noise levels relevant to height of approach levels. Findings: The difference in house prices was 26% and this was found to be statistically significant P = 0.00527576. The difference in unit prices was 4% and this was found not to be statistically significant P = 0.222046. The findings indicate that the dBA noise level can be a moderating variable influencing the impact on the values of properties under the flight path. Research limitations/implications: The study contributes to the literature on the impact of noise levels on property values by introducing the importance of dBA noise levels as a moderating variable within the flight path zone.
Details
- Title
- Impact of Airport Noise on the Value of Residential Houses and Units: Gold Coast Airport
- Authors
- Ron Bishop (Author) - Central Queensland UniversityKathryn Laing (Author) - University of the Sunshine Coast, Queensland, School of Creative Industries - Legacy
- Publication details
- Journal of New Business Ideas & Trends, Vol.18(2), pp.22-29
- Publisher
- Australian Business Education Research Association
- ISSN
- 1447-9184
- Organisation Unit
- University of the Sunshine Coast, Queensland; School of Creative Industries - Legacy
- Language
- English
- Record Identifier
- 99488508902621
- Output Type
- Journal article
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