The Australian government has approved a plan that proposes major development of the Gungahlin district.
This news will be well received by those who own Gungahlin real estate, as the development will likely increase property values while maintaining the region's unique character.
In an August 8 news release, federal environment minister Mark Butler stressed that the Gungahlin Plan will facilitate residential development while also protecting the natural environment.
"The Gungahlin Plan will protect important biodiversity whilst allowing the progressive development of Gungahlin to proceed over the next 20 years," he said.
He added that around 10,000 to 13,000 new houses are expected as part of the development of the district's infrastructure.
While expanding Gungahlin's housing market was a key part of the plan, it also outlined several initiatives to enhance the area's natural environment, such as the creation of the 160-hectare Kenny Nature Reserve and the 201-hectare Kinlyside Nature Reserve, both of which will house a range of protected Australian species.
Mr Butler reiterated that the plan was a huge step in enhancing the future of the Gungahlin area.
"Strategic assessments such as these are a working example of how to get the balance between development and environmental protection right," he said.