Local bike paths mean higher house prices

From a website in Australia. 

“… the new inner Sydney cycleways have had a positive effect on property prices. … the combination of a garage at the rear and the bike path out the front had added a premium of $100,000 to his house …”

Follow this link — http://blogs.crikey.com.au/rooted/2011/05/03/local-bike-paths-mean-higher-house-prices/