In a global economy where the dominant paradigm is economic rationalism, land property values exert substantial influence upon both our built and natural landscape. Subsequently, to undertake better planning for our cities it is important to understand the dynamics between property values and socio-economic indicators, such as employment patterns. This paper presents the results from some preliminary research, which investigates the links between residential property values and industry sector employment (by residency). The approach is developed and tested for the State of Victoria at the local government level of analysis. Property data used for this analysis has been acquired from the Victorian Government's Valuer General's Office and the industry sector employment data used is based on the time-series acquired through the Australian Bureau of Statistic's 1991 and 2001 census.