Anti-coal Activists Caught Out with Misleading Claims About Property Values

31 May 2017

MEDIA RELEASE

Anti-coal activist groups have been caught out making false and misleading claims about falling property prices in the Southern Highlands.

Hume Coal says the publicly available data proves the activists are deliberately trying to mislead the local community by claiming the Hume Coal project is having an impact on property values in the region.

Company spokesman Ben Fitzsimmons said the facts show that – contrary to claims by Coal Free Southern Highlands – real estate prices in the region have surged in recent years, ahead of many other areas of New South Wales.

“The activists have deliberately chosen to ignore the facts to create a totally false and fabricated fantasy” he said. “When I went to school to make an intentionally false statement was to tell a lie!”

A review of publicly available property data on www.realestate.com.au clearly shows that the Southern Highlands region has experienced a surge in property values over the past three years.

“Ironically, the village with the most substantial growth in median prices over the three years to 2016 was Berrima with an increase of 60%! Mittagong rose 53%, Bowral 49%, Burradoo 47%, Moss Vale 39% and New Berrima 31%.

“This is another example of unsubstantiated claims and scare mongering by activist groups trying to defy the common sense of the local Southern Highlands community.

“In reality, property prices are influenced by a range of factors, including the ability of people to find a job. If approved Hume Coal will create more than 300 real full-time jobs in the Southern Highlands.”

– ENDS –

Ben Fitzsimmons

M 0448 806 450

E bfitzsimmons@humecoal.com.au