The Impact of Explosives on Melbourne’s Real Estate: A Case Study of Beveridge

In 2019, the installation of sewerage lines in Stockland’s Grandview estate in Truganina involved the use of explosives, showcasing a unique intersection of engineering and real estate development. Fast forward to today, and a similar scenario is unfolding in the planned mega suburb of Beveridge in Melbourne’s north, raising concerns among potential homebuyers and real estate experts alike.

The New Mega Suburb of Beveridge

Recently, the Victorian Government approved plans for a new precinct in Beveridge, set to accommodate 15,000 homes. This ambitious project also includes the establishment of a basalt quarry, essential for providing materials needed for construction. While the quarry promises to facilitate infrastructure development, it has sparked a debate about its potential impact on property values and the quality of life for future residents.

The Role of Explosives in Development

Jane Slack-Smith, a former explosives engineer turned real estate expert, has voiced her concerns regarding the implications of nearby blasting activities. Despite assurances that blasting will be conducted safely and will not physically impact homes, the mere presence of a quarry can create a perception problem. Slack-Smith warns that the public’s understanding—or misunderstanding—of explosives could negatively affect home values in the area.

The Buffer Zone: Safety Measures and Public Perception

Authorities have proposed a 250-meter “blast buffer” around the quarry site, with the nearest homes located approximately 500 meters away. This buffer is intended to mitigate any potential risks associated with blasting. However, Slack-Smith emphasizes that the real issue lies in public perception. “Buyer beware” is her mantra, as she believes that even with safety measures in place, the fear of explosives could deter potential buyers.

The Technology Behind Modern Blasting

Slack-Smith’s background in explosives engineering gives her a unique perspective on the advancements in blasting technology. She recalls a time when she was one of the first women handling detonations in New South Wales coal mines. Today, sophisticated digital blasting techniques allow for precise control over shockwaves, minimizing noise and vibrations. Yet, she notes that many potential homeowners may not be aware of these advancements, leading to misconceptions about the dangers of living near a quarry.

Long-Term Implications for Homebuyers

The quarry is expected to operate until 2052, raising questions about the long-term implications for homebuyers in the new estate. Most homeowners typically reside in their properties for seven to eleven years, making it unlikely that they will wait out the quarry’s operational period. Slack-Smith warns that while the initial purchase may seem attractive, the resale value could be adversely affected by the quarry’s presence.

Community Concerns and Local Resistance

Local residents have expressed frustration over the quarry’s approval, having fought against its establishment for four years. Concerns about traffic, air quality, and the overall health and well-being of current and future residents have been raised. The Mitchell Shire Council had previously rejected the quarry proposal twice, highlighting the community’s apprehension regarding its potential impacts.

The Bigger Picture: Infrastructure and Housing Needs

Despite the concerns, the Beveridge North West Precinct Structure Plan aims to create a vibrant community, complete with schools, parks, and shopping centers. Planning Minister Sonya Kilkenny has emphasized that the quarry is essential for reducing construction costs and ensuring a steady supply of materials. This could ultimately lead to more affordable housing options for future residents.

Balancing Development and Community Needs

Keith Ryan, executive director of the Housing Industry Association in Victoria, believes that the quarry could expedite the delivery of necessary infrastructure for new homes. However, he also acknowledges the importance of addressing community concerns, particularly regarding noise and dust generated by quarry operations.

Conclusion: A Complex Intersection of Development and Perception

The case of Beveridge illustrates the complex interplay between real estate development, community concerns, and the use of explosives. While the quarry may provide essential materials for construction and potentially lower housing costs, it also raises significant questions about public perception and long-term property values. As the development unfolds, it will be crucial for stakeholders to engage with the community, address concerns, and ensure that the benefits of the new precinct are communicated effectively.

In a rapidly growing city like Melbourne, balancing the needs of development with community well-being will be key to creating sustainable and thriving neighborhoods. As we look to the future, the lessons learned from Beveridge may serve as a blueprint for similar projects across the region.