The ACT Government says it has spent more than $27 million buying rural land in the past two years, prompting fears its “bush capital” reputation could be under threat. This includes 337 ha at Lands End on the corner of Kingsford Smith Drive and Drake Brockman Drive. (See link)
On the edge of Belconnen, Wintergarden Estate is one of the last small farms within Canberra. Representatives from the LDA bid up to $3.5 million for the historic estate when it went under the hammer this week in Canberra. It marked the first time the agency has bid for rural land at auction. A spokesman said the Government wanted some of the estate for capital works servicing the new suburb of Whitlam, next door. But Wintergarden Estate was passed in at $3.6 million to another party at the auction and negotiations were understood to be continuing.