Economics of Remnant Vegetation on Private Property
INFLUENCE OF REMNANT NATIVE VEGETATION ON PROPERTY SALE PRICE Sandra Walpole Michael Lockwood Carla A. Miles JOHNSTONE CENTRE Report No. 106 INFLUENCE OF REMNANT NATIVE VEGETATION ON PROPERTY SALE PRICE Sandra Walpole Michael Lockwood Carla A. Miles ____________ October 1998 ALBURY FOURTH REPORT OF THE PROJECT Economics of remnant native vegetation conservation on private property Acknowledgments The project Steering Committee, and a pilot group of northeast Victorian landholders made valuable comments on drafts of the survey instrument. Jack Sinden and Eddie Oczkowski provided valuable input on preliminary versions of the hedonic models. We also wish to acknowledge the landholders who agreed to participate in the surveys, particularly those who took the time to show us their remnant vegetation. Evelyn Buckley, Emma Smith and Kylie Scanlon showed a great deal of patience and persistence in undertaking the majority of the surveys. Various staff members of the Victorian Municipalities of Alpine, Indigo, Wangaratta, Wodonga, Towong, and the NSW Shires of Albury, Berrigan, Conargo, Corowa, Culcairn, Deniliquin, Holbrook, Hume, Jerilderie, Lockhart, Murray, Tumbarumba, Urana, Wakool and Windouran have been very helpful in providing property and landholder information. This report was published with the assistance of Bushcare - a program of the Commonwealth Government’s Natural Heritage Trust. Previous reports of the project Economics of remnant native vegetation conservation on private property Report 1 Lockwood, M., Buckley, E., Glazebrook, H. (1997) Remnant vegetation on private property in northeast Victoria. Johnstone Centre Report No. 94. Johnstone Centre, Albury. Report 2 Lockwood, M., Buckley, E., Glazebrook, H. (1997) Remnant vegetation on private property in the southern Riverina, NSW.
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