A public meeting held in Collector on Wednesday could be the start of a legal bid to recognise the impact of wind farms on property values.
Fullerton grazier Paul Vallely said he would push for landholders in the Southern Tablelands to join forces to explore the legal avenues of opposing wind farm developments, in light of a meeting he had recently with the NSW government.
Mr Vallely met with representatives of the Planning Department who said the integration of potential impact on property values into the planning process for wind farms would rely on the courts.
“The meeting (with the Planning Department) was very positive… it gave us a way forward,” Mr Vallely said.
“Landholders have to band together to prepare a case to go to the Land and Environment Court, to establish the precedent that wind farms can have an impact on property values.”
Mr Vallely and other opponents of wind farms at the meeting will be relying on a report released last month that stated wind farms could remove up to 30 per cent of the value of nearby properties.
The Impact of Wind Turbine Developments on Surrounding Rural Land Values in the Southern Tablelands report was compiled by Goulburn real estate consultant and registered valuer Peter Reardon.
“Discounts in value as identified of 30pc in the market place cannot be ignored,” Mr Reardon said.
The report focuses on the Southern Tablelands and Mr Vallely said this was because properties in that region had attributes that made them more susceptible to losing value than properties near wind farms in other parts of the country.
According to the report, smaller agricultural blocks in the Southern Tablelands, not far from Sydney or Canberra, were ideally placed for potential subdivision for rural lifestyle blocks in future – and it is these sort of properties whose value is at risk, Mr Vallely said.
He said town planners and councils currently relied on another report commissioned for the NSW government in 2009.
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