Regular hubber undercover here as I am divulging some personal information.
There is a development going on next door to our property, a new housing estate. The area used to be inaccessible scrub land (private property). There will be 13 more houses on our street and another estate within a few hundred metres from our property. The part of the development that is directly next to our house is going to be a park with a reasoably impressive playground, bbq area, bike and walkways. What impact will this have on our house and land value?