Thursday 21 February 2013

C.B.D Property Values Tipped To Fall If Rail Line Cut

A Transport Planner from Western Australia claims property values in the Newcastle C.B.D will fall dramatically if the rail line is removed.

James McIntosh has told a Save Our Rail forum , cutting the line would mean the city's future growth would become dependent on car travel.

He highlighted the situation in Perth, where the city's integrated public transport system has led to an increase in residential property values near the Freemantle Rail line.