One street tree can boost Sydney house prices by $30,000 – or cost $70,000 if it’s too close: new study

Canva, The Conversation, CC BY-NC

A single street tree can potentially increase an average Sydney house price by A$30,000, our new research shows. This echoes past research showing street trees not only help boost property prices, but offer other benefits, from improved scenery and privacy to increased shade.

But there’s a catch. Our analysis, published in the international Cities journal, also found that if a street tree is too close, it can actually reduce the selling price by more than $70,000.