There is “no doubt” wind farms have a negative effect on the value of adjoining properties, according to a senior rural real estate agent.
Elders Rural Services national sales manager Shane McIntyre said the towers were seen by most of the market as “repulsive” and could lead to a 30 to 50 per cent drop in the value of the land.
In an email to a member of the anti-windfarm group, the Landscape Guardians, seen by The Weekly Times, Mr McIntyre said a proliferation of wind towers adjacent to a property had the same effect as high-voltage power lines, rubbish tips, piggeries, hatcheries and sewage treatment plants.
This meant, he said, that “if buyers are given a choice, they choose not to be near any of these impediments to value”.
Western Plains Landscape Guardians member Cassie Franzose said a valuation on one property near the 157-turbine Stockyard Hill wind farm showed a drop in value.