The proposed waste-to-energy plant in the rapidly expanding housing estates near Sunbury, Victoria, is raising concerns among property experts and local residents. The project, by HiQ Waste Management, includes a stack that could be up to 90 meters tall, potentially affecting nearby home values.
Key Points:
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Project Details:
- HiQ proposes building a waste-to-energy plant at an existing site in Bulla.
- The proposed stack would be between 80 and 90 meters high.
- The facility could process up to 750,000 tonnes of residual waste annually.
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Impact on Home Values:
- Master Advocates director Mark Errichiello warns that the plant could negatively impact home values in nearby growth corridors.
- Buyers are often focused on affordability and infrastructure but may overlook potential future developments like this waste-to-energy plant.
- House-and-land packages in these areas can cost over $1 million, making it harder for buyers to withdraw from such investments if they learn about the proposed development.
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Community Engagement:
- HiQ has been engaging with the community since September 2023 and is undertaking comprehensive technical assessments.
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