{"id":821188,"date":"2026-07-24T16:21:14","date_gmt":"2026-07-24T16:21:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/821188\/"},"modified":"2026-07-24T16:21:14","modified_gmt":"2026-07-24T16:21:14","slug":"aus-councils-plan-to-sell-750k-of-land-for-1","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/821188\/","title":{"rendered":"Aus council\u2019s plan to sell $750k of land for $1"},"content":{"rendered":"<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">An Aussie council has proposed to sell off a $750,000 piece of prime real estate for a single dollar in a move that has outraged local residents.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The Belligen Shire Council, on NSW\u2019s North Coast says it is planning to sell land valued at around $750k to a non-profit to build afford affordable homes. But ratepayers hit by exorbitant hikes in council fees have been left unhappy at the move.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cCouncil is proposing to provide financial assistance to Waterfall Way Community Land Trust by transferring Council-owned land at Ferry Street, Urunga, with an independently assessed market value of $750,000, for a sale price of $1,\u201d the Belligen Shire Council said in a statement posted to its social media channels.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">MORE: <a href=\"https:\/\/www.realestate.com.au\/news\/jackie-os-cunning-30m-exit-plan\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=daily_telegraph&amp;campaignPlacement=article\" title=\"www.realestate.com.au\" rel=\"nofollow noopener\" target=\"_blank\">Jackie O\u2019s cunning $30m exit plan amid Kyle payout<\/a><\/p>\n<p><img decoding=\"async\" class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa wp-post-1148183 wp-image-1148358\"  src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 800 450&quot;%3E%3C\/svg%3E\"  alt=\"\" loading=\"eager\"\/><\/p>\n<p>An Aussie council is planning to sell land on the cheap.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThe proposed assistance supports Council\u2019s adopted strategic goal to support Waterfall Way Community Land Trust in exploring alternative pathways for moderate-to-middle income households to access secure home ownership through a community land trust model.\u201d<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The Council, which is reported to be in over $2.5m of debt and has raised rates by almost as much as a third over the past few years, has invited public submissions on the proposal.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWhile public notice is not required in this instance, Council has chosen to publicly exhibit the proposed financial assistance to ensure transparency and provide the community with an opportunity to comment.\u201d<\/p>\n<p><img decoding=\"async\" class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa wp-post-1148183 wp-image-1148359\"  src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 800 450&quot;%3E%3C\/svg%3E\"  alt=\"Author Jessica Adams cleaning her home at Belligen , NSW. pic Lyndon Mechielsen 2\/2\/05\" loading=\"eager\"\/><\/p>\n<p>Belligen locals have been hit with huge council rate hikes in recent years.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">And judging by the response on its social media channels, the Council, which has also been considering the \u2018ongoing impacts of colonisation\u201d as part of its \u2018Modern Slavery Policy\u2019, which has received just two submissions, should be readying itself for some fiery feedback.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cI\u2019ll give you $10 for it,\u201d wrote one person.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWill our rates increase \u2026 AGAIN?\u201d another wrote.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWho value it at that,\u201d said a third commenter.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Genevieve Staunton-Latimer lives opposite the Ferry St site and described the council move as a\u201dreckless use of other people\u2019s money\u201d.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cOur rates went up $400 just this year,\u201d she told <a href=\"https:\/\/www.dailytelegraph.com.au\/newslocal\/mid-north-coast\/bellingen-council-set-to-sell-land-worth-759k-for-just-1-while-still-hiking-rates-leaving-locals-fuming\/news-story\/ba2de843cb8537cb0a64ed62b36263e8\" target=\"_blank\" rel=\"noopener nofollow\">The Daily Telegraph<\/a>.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThis block alone would generate 3.5 per cent of the income they receive from rates.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cEverything is being reduced and we are paying more and getting less and the council is still broke.\u201d<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Urunga is about 250km south of Byron Bay on the NSW North Coast<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.bellingen.nsw.gov.au\/Have-Your-Say\/Proposed-Financial-Assistance-%E2%80%93-Ferry-Street-Urunga\" title=\"www.bellingen.nsw.gov.au\" rel=\"nofollow noopener\" target=\"_blank\">Submissions to the proposal <\/a>close on July 29.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">MORE: <a href=\"https:\/\/www.realestate.com.au\/news\/rents-mortgages-force-aussies-to-withdraw-thousands-in-savings\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=daily_telegraph&amp;campaignPlacement=article\" title=\"www.realestate.com.au\" rel=\"nofollow noopener\" target=\"_blank\">Australia\u2019s $85bn savings crisis exposed<\/a><\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realestate.com.au\/news\/how-truck-driver-used-brute-force-to-pay-off-his-home-20-years-early\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=daily_telegraph&amp;campaignPlacement=article\" title=\"www.realestate.com.au\" rel=\"nofollow noopener\" target=\"_blank\">Broke 39yo truckie paid off home in 10 years<\/a><\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realcommercial.com.au\/news\/aussie-commercial-investor-reveals-insider-tricks-that-saved-him-thousands\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=daily_telegraph&amp;campaignPlacement=article\" title=\"www.realcommercial.com.au\" rel=\"nofollow noopener\" target=\"_blank\">\u2018$90 Bunnings gadget saved me from a $3m mistake\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"An Aussie council has proposed to sell off a $750,000 piece of prime real estate for a 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