De­vel­op­ers are seek­ing ways to pro­tect the en­vi­ron­ment and buy­ers’ hip pock­ets, as cost of living pres­sures con­tinue to cause fi­nan­cial pain. One de­vel­oper is tri­alling so­lar pan­els on its new apart­ment com­plex, an­other is us­ing Tesla-tech­nol­ogy. And En­vi­roDevel­op­ment cer­ti­fi­ca­tion, is­sued by the Ur­ban De­vel­op­ment In­sti­tute of Aus­tralia (UDIA), has also be­come a ma­jor sell­ing point, as po­ten­tial buy­ers look to­wards a more sus­tain­able and cost-ef­fec­tive life­style.

Drift by Mo­saic at Coolum re­cently se­cured a “six-leaf” En­vi­roDevel­op­ment cer­ti­fi­ca­tion af­ter meet­ing the re­quire­ments in all six cat­e­gories — ecosys­tems, waste, en­ergy, materials, wa­ter and com­mu­nity.

Other devel­op­ments to have achieved full cer­ti­fi­ca­tion in­clude, but are not lim­ited to, The Hamil­ton by Shay­her Group, Botan­ica Res­i­dences by ARIA Prop­erty Group, Stock­land North Shore in Townsville, De­fence Hous­ing Aus­tralia’s Warner Lakes de­vel­op­ment, Hal­cyon Glades and Hal­cyon Land­ing and Har­mony Sun­shine Coast by AVID Prop­erty Group.

UDIA Queens­land CEO Ma­rina Vit said they had seen a steady in­crease in the num­ber of de­vel­op­ers seek­ing cer­ti­fi­ca­tion.

“The pro­gram it­self has been run­ning for about 11 or 12 years but it has def­i­nitely grown in pop­u­lar­ity in re­cent years,” she said.

“De­vel­op­ers and con­sumers are more at­tuned to the im­por­tance of sus­tain­abil­ity.”

But while the en­vi­ron­ment is one fac­tor in­flu­enc­ing de­vel­op­ers and buy­ers, the po­ten­tial sav­ings on util­i­ties’ bills is an­other ma­jor draw­card.

The most re­cent ABS House­hold Ex­pen­di­ture Sur­vey re­vealed that hous­ing and power costs jumped by more than 25 per cent be­tween 2009/10 and 2015/16, while the 2017 World­wide Cost of Living sur­vey by The Econ­o­mist In­tel­li­gence Unit ranked Bris­bane in 31st spot – the fifth high­est jump in world rank­ings. Re­cently, Mir­vac an­nounced a part­ner­ship with en­ergy provider, Ever­gen, in a bid to ad­dress the ris­ing costs of power.

The part­ner­ship will see so­lar of­fered to a lim­ited num­ber of res­i­dents at As­cot Green, Mir­vac’s $950 mil­lion joint de­vel­op­ment with the Bris­bane Rac­ing Club at the Ea­gle Farm Race­course. The trial will see so­lar pan­els and bat­ter­ies in­stalled on the rooftop re­cre­ation deck, and Mir­vac gen­eral man­ager of res­i­den­tial in Queens­land, War­wick Bi­ble, said it could re­duce bills by up to 70 per cent.

An­other de­vel­oper em­brac­ing green tech­nol­ogy is Hal­cyon, which is con­struct­ing Tesla-pow­ered homes at its re­tire­ment vil­lages. Bob and Pam Jones be­came the first to own a Tesla Pow­er­wall bat­tery-pow­ered home in an over 50s com­mu­nity, mov­ing to Vi­sion by Hal­cyon late last year. The dif­fer­ence in their power bills was im­me­di­ately no­tice­able.

“We are now look­ing at putting in an­other power wall to get it down to zero,” he said.

Mean­while, houses at AVID Prop­erty Group’s Brent­wood For­est de­vel­op­ment have been de­signed with a six-star en­ergy rat­ing and to al­low for “op­ti­mal so­lar ori­en­ta­tion”.

“It’s im­pos­si­ble to ig­nore the fact that the costs of util­i­ties is ris­ing for house­holds. At the same time peo­ple are try­ing to re­duce their car­bon foot­prints l,” AVID de­vel­op­ment man­ager Peter McLeod said.

“By pro­duc­ing en­ergy ef­fi­cient de­signs we can help peo­ple con­trol their bills, and meet the de­mand for more sus­tain­able hous­ing prod­ucts.”

Wa­ter ef­fi­cient fix­tures, LED light­ing, rain­wa­ter har­vest­ing for ir­ri­ga­tion and site­spe­cific land­scap­ing are also among fea­tures be­ing em­braced by de­vel­op­ers.

Drift by Mo­saic (pic­tured) re­cently se­cured En­vi­roDevel­op­ment cer­ti­fi­ca­tion. Bob and Pam Jones (right) are saving money at their Tesla Pow­er­wall bat­tery-pow­ered home at Vi­sion by Hal­cyon.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.