What is this *!#!@! pipeline going to do to the value of my land?
The Australian Pipeliner — October 2005
Maloney Field Services’ vast experience in providing valuation and land access services to the Australian pipeline industry is assisting the company as it embarks on an ambitious research project to answer this question.
Invariably this is the first question a landowner will ask when approached to discuss an easement for an underground natural gas pipeline through their property. You could sit 10 different valuers in a room and each would come up with a different answer – so Maloney are attempting to find the definitive answer.
Throughout Maloney’s 35 years experience in land access throughout Australia, the company has encountered every excuse and reason as to why a pipeline easement will detract from the value of land.
With the benefit of the Maloney ATTLIS database, the company has been able to undertake a detailed analysis of each and every property which has sold along SEA Gas Pipeline route. The SEA Gas Pipeline is an ideal focus for the study as it traverses a wide variety of land uses, topography and demographics and also as it traverses some 600 different landowners affecting each property in a different way.
Maloney’s findings to date, together with the presentation of practical examples, will be presented at the 2005 APIA Conference in Adelaide.