The Australian Capital Territory government has finalized the purchase of the eastern section of CSIRO's Ginninderra Station, a sprawling 147-hectare site, for $38.5 million. This acquisition marks a significant step in the region's urban expansion and environmental preservation efforts.
Details of the Acquisition
The transaction, completed on June 30, 2023, involves the transfer of land located in the Ginninderry growth corridor, adjacent to the existing Ginninderry development. The site, known as the Ginninderra Station East, has been a key part of CSIRO's agricultural research for decades. The ACT government plans to integrate this land into the broader Ginninderry project, which aims to create a sustainable community with a mix of housing, open spaces, and conservation areas.
According to ACT Chief Minister Andrew Barr, the purchase aligns with the government's long-term strategy for managed urban growth. "This acquisition secures land for future housing and conservation, ensuring we can meet the needs of a growing population while protecting our natural environment," Barr said.
Environmental and Community Benefits
A significant portion of the site, approximately 100 hectares, will be dedicated to conservation, including the protection of the critically endangered Golden Sun Moth and other native species. The remaining land will be developed for residential purposes, contributing to the ACT's target of delivering 70% of new housing within the existing urban footprint. The Ginninderry project already includes plans for 11,500 homes, with this new addition potentially increasing that number.
"The purchase of the CSIRO land is a win for the environment and the community," said ACT Environment Minister Rebecca Vassarotti. "We are preserving important habitat while also planning for the homes that Canberrans need."
Financial and Strategic Implications
The $38.5 million price tag was funded through the ACT government's infrastructure and land development budget. The acquisition is expected to generate long-term economic benefits through increased land value and development contributions. The Ginninderry project is a joint venture between the ACT government and the Riverview Group, and this land will be incorporated into the existing development agreement.
"This is a strategic investment that will pay dividends for decades," said Chief Minister Barr. "By acquiring this land now, we are ensuring that future generations have access to affordable housing and green spaces."
Background on Ginninderra Station
Ginninderra Station has been operated by CSIRO since the 1950s, primarily for agricultural and environmental research. The station's closure and sale were announced in 2019 as part of CSIRO's property portfolio rationalization. The eastern section is the first part to be sold, with the western section remaining under CSIRO control for now. The ACT government has expressed interest in acquiring the western section in the future, subject to further negotiations.
The sale of the CSIRO land has been controversial among some community groups who argued for full conservation. However, the government's plan balances development with environmental protection, setting aside significant areas for wildlife corridors and native vegetation.
Next Steps
Detailed planning for the site will begin immediately, with community consultation expected to start later this year. The first stages of development are anticipated to commence in 2025, with initial housing lots released in 2026. The conservation areas will be managed by the ACT Parks and Conservation Service.
"We are committed to a transparent and inclusive planning process," said Planning Minister Mick Gentleman. "We want to hear from the community about how this land can best serve the needs of Canberra."
