How far can $700k stretch across Australia s capital cities? - Smart Property Investment
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How far can $700k stretch across Australia s capital cities?
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Waterway wildlife reserve to open for public use
A 20-year plan to open up a large new wetlands park for nature-based activities in Geelong’s south has been adopted by Council.
The Sparrovale Wetlands Master Plan will guide protection and enhancement measures for a 500-hectare site in Charlemont, adjacent to the Lake Connewarre State Game Reserve.
The Master Plan aims to ensure environmental protection, a staged opening of the wetlands park and the creation of a regional gateway to the Lake Connewarre area.
The City acquired the land in 2019 to provide an end-of-drainage solution for the stormwater from the Armstrong Creek and Horseshoe Bend development precincts.
Melbourne CBD. Source: Unsplash/Simona Sergi.
The battle for the future of Sandown Racecourse may be the clearest example yet of why Victoria’s proposed windfall gains tax is bad for housing affordability.
But for those not intimately engaged in horse racing in Victoria, it is possible the turf war has passed them by.
So what is at stake at Sandown, and what might it mean for other developers looking to meet the demand for housing land in the state?
The 112-hectare Sandown Racecourse (better known as Ladbroke Park) is one of Melbourne’s four horse racing venues, 25km south-east of the CBD in Springvale.