The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
2 WEEKS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE MORE THAN 550 ALREADY ATTENDING
2 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 550+ ALREADY ATTENDING
REGISTER NOWDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherStaff WriterMon 09 Jan 17

Western Australians Growing Increasingly Keen To Buy Green

Evermore-WGV-White_Gum_Valley-Aerial-lowerres-_620x380

Recent research suggests Western Australians are becoming increasingly keen to buy green when it comes to apartments, with sustainability regularly considered alongside price and location.

A survey undertaken by the Curtin University Sustainability Policy Institute, examining whether people in Perth are likely to buy into green developments highlighted that the usual criteria of affordability, location and size are now joined by the need for ‘sustainability characteristics’.

Curtin University Sustainability Policy Institute (CUSP) Research fellow Jemma Green, who conducted the survey, said research indicated developments that include sustainability features attract more buyers.

“There’s a lot of supply in the market and consumers are tired of the same old, same old.

"We’ve seen that the developers providing a product that offer more in terms of sustainability better match consumer demand and the sustainable product is viewed as a premium product and more desirable,” Ms Green said.

One consumer buying green is social worker Jenny Marsh, who recently purchased a one-bedroom apartment off the plan at Evermore WGV, a Yolk Property Group development in White Gum Valley that will deliver 24 highly sustainable apartments powered by cutting-edge solar photovoltaics and lithium battery technology.

Evermore WGVMs Green said in a soft market or in tough economic times buyers like Ms Marsh become even more savvy and discerning.

“We’ve seen that consumers don’t want to buy a product that suits the developer and not themselves, they are looking for liveability as well as sustainability and they are willing to pay for it,” Ms Green said.

Evermore WGV interiorThe solar PV lithium battery technology utilised at Evermore WGV is forecast to produce approximately 80 per cent of the apartments’ required power (with strata fees injected into a strata body sinking fund to pay for any upkeep or upgrades to the technology) allowing residents to benefit from a saving on their electricity bills.

The Bioregional One Planet Living framework is being implemented at Evermore WGV to guide development and aid in a holistic and long-term approach to sustainability. In addition to the solar PV lithium technology and shared solar governance system at Evermore WGV, other initiatives include:

  • Real-time measurement and recording of water and power consumption to ensure maximum energy-efficiency

  • Site-wide bore water system to reduce potable water and use in landscape irrigation; electric vehicle charging point

  • Compost tumblers, worm farm and veggie planters, and

  • Bicycle repair station, and communal bicycles for resident’s use.

ResidentialAustraliaConstructionArchitectureConstructionSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
5 Min
Freecity Rouse Hill triple towers 2 Tempus Street
Exclusive

Freecity Takes Covers Off $330m Triple Towers in Sydney’s North-West

Leon Della Bosca
5 Min
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
View All >
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
Logan Wastewater Funding hero
Infrastructure

Flush of Funding to Deliver 20,000 New SEQ Homes

Phil Bartsch
Stockland's Triniti HERO
Build-to-Rent

Stockland $400m North Ryde BtR Approved on Appeal

Leon Della Bosca
The 510-apartment Triniti Lighthouse development has received conditional planning approval despite community objections…
LATEST
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
5 Min
Logan Wastewater Funding hero
Infrastructure

Flush of Funding to Deliver 20,000 New SEQ Homes

Phil Bartsch
3 Min
Stockland's Triniti HERO
Build-to-Rent

Stockland $400m North Ryde BtR Approved on Appeal

Leon Della Bosca
3 Min
Residential

Home Affordability Gap Widens Across Asia-Pacific

Lindsay Saunders
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/western-australians-growing-increasingly-keen-buy-green