Traralgon residents fear Coalition's nuclear proposal will hurt house prices, but some see opportunity

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Traralgon residents fear the Coalition's proposal to build a nuclear plant nearby will drive down property prices, but some also see it as a chance for an economic boost when the coal power station closes.

Residents in Traralgon South, in Victoria's east, weigh in on the Coalition's plan to build a nuclear reactor in their neighbourhood.Loy Yang A power station is set to close by 2035 and advocates say nuclear power would provide a much-needed boost to a region grappling with changing industry.

"We're very blessed to have this beautiful nature on our doorstep," said Traralgon South resident Yvonne McInnes. "When you take into account the number of nuclear power stations around the world, one or two accidents is bound to happen sooner or later and safety is much better than what it was." In a statement, the agency's managing director, James Forrester, said this was "no doubt down to the public's perception that living close to a nuclear site is not only a potential eyesore but also poses a potential risk."

"The environmental movement gave us a bad name because of our relationship with coal and I think we could get another bad name because of our relationship with nuclear if this proposal goes ahead," Cr Middlemiss said.In the late 1990s, Latrobe City's population was about 75,000. In the 30 years since, it has barely grown.

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