The one thing that could wipe 7.4% off your home’s value

  • Plastic pollution threatens to wipe 7.4 per cent off the value of Sydney homes in areas where litter is apparent, a new report shows.

The report, released by Boomerang Alliance, found that if just 5 per cent of 1.6 million homes in Sydney neighbourhoods are adversely affected by litter, the potential economic impact on housing in Sydney is $11.8 million.

READ MORE VIA SMH

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Boomerang Alliance has identified that between 100-130,000 tonnes of the plastic consumed in Australia enters our marine environment annually. Photo: Boomerang Alliance

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