Maloney Field Services research project - easements and land values
The Australian Pipeliner — April 2005
Maloney Field Services (MFS) negotiates the acquisition of easements and other similar tenure to enable the construction of gas pipelines throughout Australia. Invariably the issue of whether the presence of the pipeline and resultant easement has a negative impact upon the value of the affected land is discussed.
Maloney Field Services has embarked on an ambitious research project to determine whether gas pipelines and their associated easements have an affect the land value. Utilising their ATTLIS Database, which tracks all changes to land ownership along an easement, the company has been analysing the impact of gas pipelines on land values. The focus of the case study are properties along the SEA Gas pipeline, which runs from Port Campbell in Victoria to Torrens Island in Adelaide and crosses various land uses and topography. As each property was sold, MFS has compared their market value with comparable land sales not affected by pipelines in the district, in conjunction with feedback from local agents operating in the area.
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The findings of this project will be available at the 2005 APIA conference and we invite the industry to provide feedback or comments to assist our research by contacting Jamahl Waddington on 08 8227 0933 or jamahl@maloney.com.au.
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