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Trees within 10 meters of homes can lower property values by up to A$70,290 due to damage and maintenance issues, a Sydney study finds.
A new study in Sydney finds that a street tree 10 to 20 meters from a home boosts property value by about A$30,310, but trees within 10 meters can reduce value by up to A$70,290 due to root damage, shading, and maintenance worries.
Analyzing over 1,500 home sales from 2021 to 2024 and nearly 50,000 public trees, researchers identified a clear "not in my backyard" threshold around 10 meters, with trees beyond 20 meters having no measurable effect.
The findings highlight the need for strategic urban tree planting to balance climate benefits with property value and resident concerns.
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Los árboles que se encuentran a menos de 10 metros de las casas pueden reducir el valor de las propiedades hasta en 70.290 dólares australianos debido a daños y problemas de mantenimiento, según un estudio realizado en Sydney.