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The Market Value Of Remnant Native Vegetation In A Clearance Regulated Environment

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  • Wayne Marano

Abstract

In the context of privately owned rural establishments there is generally a lack of knowledge on the contribution that is made to the market value of a property by its component of remnant native vegetation (RNV). Furthermore, there is a lack of knowledge on the impact to market value that may result from the protection of remnant native vegetation by the registration of a heritage agreement over a propertyís certificate of title. This gap in knowledge has the potential for unexpected policy outcomes in relation to RNV management. In relation to these two issues the research focused on transactions of non irrigated rural holdings1 in South Australia that have a component of RNV.

Suggested Citation

  • Wayne Marano, 2000. "The Market Value Of Remnant Native Vegetation In A Clearance Regulated Environment," ERES eres2000_078, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2000_078
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2000-078
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    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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