Last week it was reported land values have increased in the Upper Lachlan Shire.
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Between July 1, 2017 and July 1, 2018, residential land values increased by 17.7 percent and rural land values in RU1 and RU2 zones increased by over 40 percent.
During the same period, commercial land values in the Upper Lachlan increased by 26.5 percent, while most of the South East region experienced an increase of just 5.8 percent.
These are pleasing results, which indicate property in the shire is in demand.
And it’s no wonder! The scenic, rural location, coupled with the proximity to services and amenities means our residents have the best of both worlds. Plus we’re close to major centres like Canberra and Sydney.
This puts the shire in prime position to attract people who are ready for a tree change but still want access to first-rate facilities, as well as attract investment from businesses looking for lower overheads while maintaining easy access to suppliers and clientele.
But the council doesn’t take anything for granted.
In addition to a capital expenditure works program totalling $15.3 million in 2018/19, working groups involving community members have been set up to advance a preliminary Economic Growth and Development Plan and explore various options to enhance and grow the shire.
The council also holds regular workshops to enhance local businesses and recently partnered with Service NSW and the Office of the NSW Small Business Commissioner to launch Easy to Do Business in the Upper Lachlan.
We want to ensure the Shire remains an attractive place to live, work and invest now, and into the future.