SOCIETY BLOG

Domain’s Sustainability in Property Report explores the increasing impact of sustainability on property decisions.

The report highlights a growing preference for “green homes,” driven by public awareness of long-term cost savings from features like solar panels. Findings reveal that half of all houses and one-third of units now incorporate green features, with cities like Canberra leading the trend. Green homes are selling faster and attracting higher buyer interest, though affordability challenges may be slowing price premiums. The report suggests that upgrading existing homes represents a significant opportunity for sustainable growth in Australia’s housing market.

Interested in more? Read the full ‘2024 Sustainability in Property’ report here.