Global Power | Local Knowledge | Uniquely Personal
All Articles News FAQs Videos
中文

Demand for green property 'is increasing'

More and more people are seeking property in Australia that is environmentally friendly, according to real estate expert John McGrath.

Demand for property in Australia that is energy efficient is increasing, a real estate expert has asserted.

John McGrath, founder and chief executive officer of McGrath Estate Agents, wrote in his latest blog that people used to favour greener properties as they made them feel good that they were doing something to help the environment.

However, now people are starting to benefit financially from opting for green properties in Australia, he added.

"If architects and home builders start upgrading new homes to above the minimum authority requirements … the added investment will start to pay off going forward," Mr McGrath wrote.

He explained that he is not yet able to say just how much energy-efficient features will increase the value of a property by, but that he should be able to over the next 24 months.

Last year, the Housing Institute of Australia gave its GreenSmart Home of the Year Award to Victorian-based Beaumont Concepts and Ecoliv Buildings for its environmentally-friendly Wonthaggi project.

Posted Craig Francis

- property, green, environment, design, architecture

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

中文

Subscribe Now