Article

Paying the right price for energy efficient homes

Publisher
Energy consumption Housing prices Canberra
Description

New research finds that people are willing to pay more for energy efficient housing, making the case for a mandatory national rating system for existing homes. 

“Location, location, location” is a time-honoured mantra for pricing property, but research shows buyers and renters are also prepared to pay a premium for energy efficiency.

A new study has analysed tens of thousands of property transactions over five years from 2011-16 in the Australian Capital Territory, where it is mandatory to disclose the energy efficiency rating (EER) when selling a home.

Publication Details
Publication Year:
2018