The Australian Government has a new Energy Efficient Classification organ proposed to be introduced from 2012. The proposed rule will require that homeowners performance information on their energy and water consumption and greenhouse gas emissions to prospective and renters.That will offer all the houses that need to be put up for sale or for rent to be assessed for an energy-efficient star before they are sold or rented. It requires to have a $ 200 fee to assess your property ...
The financial impact for older homes and "McMansions" property owners could be significant. Depending on the result, it may come down to a choice between spending on a "green renovation" or face the possibility of a lower sale / lease price for the property.
If you are a landlord, now is the perfect time to make a few simple strategies to better apply your property in the areas of economy and comfort for your tenant.
Green landlords are appearing in large numbers around Australia - some motivated by strong environmental awareness, others are attracted by incentives such as tax rebates, discounts or increasing the overall value of their property.
In addition to individual motivation, there are a variety of reasons to go green
Investment in sustainability increase your property resale value
Some of the changes might make are tax-deductible
Sustainable properties are the future of the Real Estate Industry. Consumer demand, government incentives and new policy make this happen.
Research showed that 62% of home buyers / tenants wanted the house they bought or live in, to environmentally friendly
Your property will be more attractive to new tenants it easier and faster for rent
Generally, green homes are healthier, more comfortable, more durable, more energy efficient and have a much smaller environmental footprint than conventional homes and therefore more valuable.
If the tenants do not spend too much money, heating and cooling of the property, they are less likely to move out and they are more likely to look after it.
With long-term tenants are looking for a place that means better returns.
Now that you are convinced that improving the environmental performance of a rental property is a good idea, we put some tips for getting more energy efficient:
- Install awnings on north and west facing windows
- Install efficient shower heads
- Install lined curtains and valances or window film.
- Install a dishwasher, to reduce water consumption
- Replace electrical or gas solar hot water systems
- Install a more efficient heating and cooling system
- Block drafts and sealing gaps
- Install efficient light bulbs throughout the house
- Install a clothesline, so that the tenants must not rely on a clothes dryer
- Equipped in water-saving devices for all faucets
- Install a dual-toilet
- Install insulation
- Install a rain-water tank
Owning a property is a long term investment. It is therefore important for landlords (and tenants) to take notice of this important need and necessary changes that seek to improve the energy efficiency more attractive and economically viable, both tenant and landlord.
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