Residents fear solar farm will melt property prices
MOUNT Tabor residents say they paid a premium to settle down with some of Warwick's best views, but news of a $100 million solar farm has caused concern about the impact on Mount Tabor property values.
The farm would cover almost 400 acres of beautiful agricultural countryside in Freestone Valley with industrial solar panels and would likely impact one of Warwick's most highly-priced vistas.
"We just don't understand why on earth they would put it there, when there is so much other horrible, unused land around the region,” Mount Tabor resident Meryl Strand said.
Residents said they noticed houses in the residential precinct going up for sale, just one week after a letter announced the proposed development.
Southern Downs Realty principal licensee Brent Bowles said Mount Tabor hosted some of Warwick's most highly priced real estate, but the solar farm could change that at least in the short term.
"In the short-term the development would certainly affect property prices but in the long-term it might just iron back out,” he said.
"As time goes by people tend to accept things more.”
Mr Bowles said people were attracted to buying land in the Warwick region because of the countryside atmosphere, and the proposed solar farm could change the appeal of the region.
Mount Tabor resident Thomas Shew said the solar farm would take the sun out of his retirement plans.
"I am retired, this is my retirement and this is my savings... we bought up here for the rural view,” he said.
"We are not against solar farms, we are supportive of renewable energy, but it's just in the wrong place.”