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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. ....