David Johnston- The Property Planner’s Golden nugget: people talk about the inner, middle and outer ring of suburbs. Because of pie, the inner ring of 10km closest to the city is 314 square km, from 10km to 20 km is 1,256 square km – as you move out there is 4 times as much land. From 20km to 30km is 2,826 square km – which is 8 times as much land in the outer ring. As you move out each km it is exponential in terms of abundance of land.
Peter Koulizos – The Property Professor’s Golden nugget: the value in real estate is in the land you want to spend more of your money into the land component, so it appreciates in value and then you can purchase a subsequent property.