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Is the high rise development in Red Hill going to have a negative effect on property prices?
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Is the high rise development in Red Hill going to have a negative effect on property prices?
Red Hill, ACT 2603 is located within the Canberra local government area, part of the Canberra (Greater) Region in Australian Capital Territory.
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The high rise development should not have a significant effect on property prices because it is replacing a public housing building and although there will be an allocation for public housing in the new development it will have significantly more high end residents.
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