Library filed under Property Values from Australia

MP calls for compensation

Member for Hume Angus Taylor says rural land owners who’ve had their properties devalued by neighbouring wind farms deserve to be compensated. His comments come follow the publication of a preliminary report into the issue, which showed properties across the region that adjoined either energy developments or proposed energy developments had seen 33 to 60 per cent write downs.
20 Oct 2013

Wind farms win few fans

Rural landholders across Australia may face a disappearing pool of buyers and plummeting values of up to 60 per cent because of neighbouring wind farms, a new, independent report has established. Most reports so far have not produced evidence that rural land holdings have been impaired by wind turbine development. However, registered valuer Peter Reardon has compiled a 30-page dossier on the impacts of wind farms on adjoining or nearby rural farms.
14 Oct 2013

The impact of wind turbine developments on surrounding rural land values in the Southern Tablelands, N.S.W.

Southern_tablelands_-_impact_of_wind_farm_development_on_surrounding_rural_land_values_2013_thumb This 33-page study released by Australian real estate consultant and registered valuer, Peter Reardon, provides sales evidence demonstrating that wind farms are negatively impacting property values. Mr. Reardon's work examined the effect of more than 3000 turbines either in operation or proposed for construction across New South Wales in Australia. The summary of the report is provided below. The full report can be accessed by clicking the link(s) on this page.
1 Sep 2013

http://www.windaction.org/posts?location=Australia&p=17&topic=Property+Values
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