Location, location, liveability
forward thinking could add thousands to your property’s value
A new L-word has popped up alongside the real estate mantra of ‘location, location, location’ – and it’s shaping up to be a game-changer.
Liveability is the latest property term on everyone’s lips, and relates to a home’s running costs, comfort and sustainability. Progressive real estate agencies can now promote the liveability of properties for sale and lease, alongside traditional selling points such as their number of bedrooms, bathrooms and parking spaces. Our Agents at Urbane Property Newtown are among the first to train as Liveability Real Estate Specialists through the CSIRO’s Centre for Liveability Real Estate, with their new appraisals factoring in liveability aspects ranging from insulation and ventilation to the types of plants in the garden. Similar to the way that we can compare the fuel efficiency of cars, the framework enables people to compare homes based on their liveability.
In Sydney’s progressive inner-west, this is something that more and more buyers are looking for. Along with being driven by a concern about surging power bills, local buyers are also very forward-thinking and environmentally aware.
With Australia’s 9.6 million households responsible for over 10 per cent of the nation’s greenhouse gas emissions, building demand and awareness around sustainable households can have a wide-ranging impact. The more we focus on promoting these features, the more that it will become the norm for people to look for them, and to invest in them. Through promoting liveability factors, we’re contributing to a push for healthy, efficient, comfortable homes that are well-connected to the community.
According to CSIRO research director, Dr Stephen White, the liveability framework presents a step-change for sustainability in the property industry. “The framework is aspirational and positive, targeting the desirable features of a house that a buyer or seller can transparently seek out, have a conversation about, and ultimately place value on,” he says. “It’s highly relevant to individuals making one of the largest financial investments in their life.”
To arrange a free liveability appraisal of your home, contact Urbane Property’s Liveability Real Estate Specialists on 9565 1211.
How does your home score?
A liveable home is healthy, efficient, comfortable and connected to the local community. When assessing a home’s liveability, CSIRO-trained specialists look at the following 17 aspects:
1: Climate zone
2: Living locally
7: Density of building materials
9: Shading or sun control
10: Efficient heating and cooling devices
11: Energy efficient lighting
12: Efficient hot water system
13: Solar photovoltaic (PV) system
14: Low water garden
15: Energy efficiency devices
16: Rain water tanks
17: Home energy rating
October 23, 2018
Market update Oct 2018
Market report: Inner West The inner west property market has felt the pinch of the wider Sydney slowdown, however quality properties are still seeing strong competition from buyers. While demand for suburbs across the region continues, there’s no denying properties are taking longer to sell than previously and price adjustments are being made. These adjustments […]