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Buyers seek sustainability 04/03/2017

There are numerous benefits to building a sustainable home. On top of doing your part for the environment, there is also the opportunity to save on everyday living expenses including power and water bills.

There are numerous benefits to building a sustainable home. On top of doing your part for the environment, there is also the opportunity to save on everyday living expenses including power and water bills.

Within sustainable developments, there is often a commitment to community building and involving the broader community in living more sustainably.

In fact, we are seeing more and more development projects in both new and existing areas, making a concerted effort to develop sustainable communities for the future.

This is evident in the growth in the number of projects seeking EnviroDevelopment certification from UDIA as well as other accreditations such as Waterwise developments.

Now, there is evidence to show that buyers are seeking out more sustainable homes and are even willing to pay more for sustainable features within their home.

A recent study conducted by researchers at the Curtin University Sustainability Policy Institute (CUSP) found that 46 per cent of buyers surveyed for the study that had purchased into an energy-efficient development said sustainability was a major influence in their decision making.

The study also showed that sustainability was the fourth biggest driver for dwelling choice in Perth (behind  affordability, location and size) and homebuyers were willing to pay more for sustainability features.

For many buying into a sustainable development, the attraction of cost savings in the future is a huge incentive, and going by many of the projects that are certified under EnviroDevelopment, buyers are not necessarily even having to pay more for sustainability as many of the developments have house and land packages available at very affordable price points.

If you are considering purchasing a new home and want to ensure you are purchasing not just a sustainable home, but one that is part of a sustainable community more broadly, then seeking out an EnviroDevelopment accredited project is a great first step.

EnviroDevelopments are projects that have been certified in up to six elements, including water, ecosystems, waste, community, energy and materials.

There have been 19 developments across Western Australia certified under the EnviroDevelopment program so far and there are more in the pipeline.

It is important that the development industry, government and the community support sustainable projects and that we continue to strive for more innovative ways to achieve sustainable outcomes so that our communities are not only great places to live now, but they continue to be great places to live into the future.

Visit www.envirodevelopment.com.au for more information.

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