Green Homes in Demand, New Report Reveals
It appears that green homes have higher market appeal, as indicated by Domain’s yearly Sustainability in Property Report.
According to Property Update,
Data from the report reveals that energy-efficient homes receive more attention from buyers nationwide, resulting in quicker sales compared to their non-energy-efficient counterparts (see Table 1).
Table 1 shows the difference in how long it takes to sell (days on market) and listing views from potential buyers between green homes and non-green homes across capital cities.
Table 1: Comparison of days on market and listing views between green homes and non-green homes
| Houses | Units | |||
| Days on market | Listing views | Days on market | Listing views | |
| Sydney | 0.0% | 27.0% | 0.0% | 20.4% |
| Melbourne | 0.0% | 34.7% | 0.0% | 15.1% |
| Brisbane | 0.0% | 18.6% | -4.8% | 15.5% |
| Adelaide | -5.0% | 52.9% | 2.7% | 9.7% |
| Perth | 2.2% | 17.8% | -4.0% | 1.2% |
| Canberra | 0.0% | 6.2% | 17.4% | -7.2% |
| Hobart | -5.9% | 14.8% | – | 0.8% |
| Darwin | -18.0% | 13.1% | -7.9% | -10.9% |
| Combined capitals | 0.0% | 16.5% | 4.3% | 0.8% |
| Combined regionals |
0.0% |
13.6% |
0.0% |
15.1% |
| Australia | -4.0% | 16.7% | 0.0% | 6.6% |