Australian Cities Are Feeling Growing Pains
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Australian Cities Are Feeling Growing Pains

Environment report finds urban areas are feeling a strain on resources.

By Kanebridge News
Tue, Jul 19, 2022Grey Clock < 1 min

Australia’s cities are becoming hotter and more congested beneath the strain of population growth, which is having a significant impact on the environment.

Environment Minister Tanya Plibersek has unveiled the 2021 State of the Environment report — prepared for the previous government but withheld since last year.

The report, which is focused on the damage occurring to the nation’s natural world and wildlife, it also indicates the health and conditions in urban landscapes.

According to Ms Plibersek, the report is damning.

“It tells a story of crisis and decline in Australia’s environment and a decade of government inaction and willful ignorance.”

In summary, the document — which complies the scientific assessments of a five-year period of time by 30 leading experts — reveals most of Australia’s eight major cities are growing at faster rates than many other developed cities internationally.

The largely unmanaged growth has led to greater urban heat, congestion, rising pollution and waste, putting greater pressure on resources.

The report finds population growth is the major driver of environmental issues within cities, according to the report.

Here, Sydney has lost 70% of native vegetation cover due to development. Further, the infrastructure across the city has created pollution hotspots in Sydney Harbour that is 20 times greater than the pre-human disturbance.

“Waste going to landfill in New South Wales increased by 10% over past 10 years, with hazardous waste almost doubling,” according to the summary findings.


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By Kanebridge News
Thu, Aug 11, 2022 < 1 min

New research from Knight Frank’s International Waterfront Index shows waterfront properties are costing more than double their inland counterparts in Sydney while in Melbourne waterside properties attract a 40% premium.

Australia’s coastline attracts some of the highest waterfront premiums in the world with Sydney topping the index — an average premium of 121% — compared to an equivalent home set away from the water.

Auckland ranked second on the list of 17 international locations — a premium of 76%. The list saw Gold Coast (71%), Perth (69%) and the Cap d’Antibes (59%) on the French Riviera round out the top 5.

Australia continued to feature prominently in the research with Brisbane’s waterfront premium coming in at 55%, with Melbourne also in the top 10 at 39%.

According to Knight Frank Australia’s head of residential research, Michelle Ciesielski, there has always been strong appetite for Sydney’s waterfront homes.

Australia’s luxury residential market has advanced, it lacks the depth of prestige markets in more established global cities said Cieselski.

“As a result, our Australian cities can achieve a significantly higher premium on the waterfront compared to a similar property inland without access to, or a view of, water,” she said.

“Also, Australia is known for its balmy outdoor lifestyle, so many buyers in this super-prime space are willing to pay a premium to secure the ideal position along the waterfront.”

The data also suggests that beachfront homes were most desirable, commanding a premium of 63% compared to harbour locations fetching 62% premium and coastal homes with a 40% premium.