Wednesday, May 18, 2011

HAVE YOUR SAY: Tip odours hitting house prices in Clayton South, Clarinda - Real Estate - News - Moorabbin Leader

HAVE YOUR SAY: Tip odours hitting house prices in Clayton South, Clarinda - Real Estate - News - Moorabbin Leader: "PROPERTY values in Clayton South and Clarinda are plummeting because of foul odours from nearby landfill sites, according to a local real estate agent.

Damian Coad, agent at TG Newton & Co Sales in Oakleigh, said some locals desperate to move out of the area due to the smells were being forced to sell their homes, most for below market value.

He also said some tenants were breaking lease agreements to escape the stink."

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