Valuing Victoria’s heritage
Explore our findings on the economic, social and environmental value of Victoria’s diverse heritage.
- Research report
Download the report
Why Heritage: A synthesis of evidence for the social, economic and environmental impacts of heritage (2023) - Parts 1 & 2
Annexes, bibliography & accessible version
The Heritage Council has released a new report on the value of cultural heritage. It looks at three key areas: economic, social and environmental.
Produced by Extent Heritage and Kate Clark in 2023, the report includes research from Australia and overseas, with over 200 sources cited.
For years, the heritage industry has studied the economic and social value of heritage.
Key Australian reports include:
Valuing the Priceless: The Value of Historic Heritage in Australia (2005)
The Value of Heritage: Summary Report (2017) published by the Victorian State Government.
These reports used choice modelling to see how much the community values heritage.
Recently, there’s been more focus on the social and environmental benefits of heritage. This includes how heritage improves wellbeing and helps the environment.
The 2023 report brings together decades of research to show the full value of heritage.
Supporting resources
The value of heritage: Summary report (2017)
Valuing the priceless: The value of historic heritage in Australia (2005)
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