VNI West

To get a basic idea of the under-compensation being offered to neighbouring residences a simple modelling tool has been created.

To use the modelling tool consider transmission lines, wind farms and solar farms separately.

The main task in modelling is to estimate how many homes fall within the 1km, 2km and 5km ranges. Although the Victorian Government draft policy for these situations considers 400m to be the limit of any effect, this is not sensible.

Clearly transmission lines and wind farms are visible from long distances and therefore have some effect on property values. Many wind farms are visible beyond 30km.

Set the number of transmission line kms or number of wind farms or number of solar farms to zero if you want to calculate an individual effect.

Please use the modelling tool for more insight and how many dollars that might equal.

Neighbours are being forced to subsidise the construction of these lines. It is a cost not included in the business case for the lines and is being directly borne by those who just happen to fall within the affected area.

This is completely unacceptable.

Use this tool to come up with an estimate of the value lost in Regional Australia. Separate data for transmission lines, wind farms and solar farms can be given.

The default values have been chosen by studying available data about existing wind and solar farms. This is somewhat dated, there are a lot more installations right now. AEMO have suggested there needs to be 10,000km of additional transmission lines! It is interesting to note that transmission lines are creating a lot of lost value.

Choose one of the preset data values or press the browser refresh at anytime to revert to the current estimate values.

Average value of a neighbour residence $50

Transmission Lines

Total length of transmission line 400km

For each 1km of length, how many residences are within 1km 3

Loss of value (%) 40%

For each 1km of length, how many additional residences are within 2km 4

Loss of value (%) 20%

For each 1km of length, how many additional residences are within 5km 11

Loss of value (%) 15%

Total number of affected homes is

Total affected value is $

Average affected value/home is $

Wind Farms

Total number of Wind Farms 100

For each Wind Farm, how many residences are within 1km 3

Loss of value (%) 40%

For each Wind Farm, how many additional residences are within 2km 4

Loss of value (%) 20%

For each Wind Farm, how many additional residences are within 5km 11

Loss of value (%) 15%

Total number of affected homes is

Total affected value is $

Average affected value/home is $

Solar Farms

Total number of Solar Farms 100

For each Solar Farm, how many residences are within 1km 3

Loss of value (%) 40%

For each Solar Farm, how many additional residences are within 2km 4

Loss of value (%) 20%

For each Solar Farm, how many additional residences are within 5km 11

Loss of value (%) 15%

Total number of affected homes is

Total affected value is $

Average affected value/home is $

Total value not compensated is $

The destruction of value in Regional Australia is quite extraordinary.

VNI West - WRL - HumeLink