Herald Sun
7 February 2011, Page: 31
NO negative relationship has been demonstrated between wind turbines and property prices, according to the Real Estate Institute of Victoria ("Farms hit value", Your State, February 3). Opponents sometimes claim that particular properties have dropped in value due to their location near a wind farm.
In the same way, you could argue that in other locations wind turbines have a positive impact on values, as there are many locations near wind farms where prices are booming, such as Cape Bridgewater. If someone is having trouble selling their property and it is near a wind turbine, there could be half a dozen reasons. With the absence of any credible research to the contrary, claims of wind farms affecting property prices remain speculative at best.
Russell Marsh, Clean Energy Council
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