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The Canberra Times
The Canberra Times
Jasper Lindell

Dual occupancy changes to drive 20% value surge on eligible blocks

A planning system change to allow small houses to be built on many blocks in established Canberra suburbs is expected to lift land values on eligible blocks by more than 20 per cent.

In Deakin, the change will add $340,000 to the unimproved value of an eligible RZ1 block if it is unit titled, the highest expected increase in an analysis completed by the ACT government.

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