Consumer News

Properties to get energy ratings

27 March 2017

By Tim McKibbin – REINSW CEO

The cost of utilities for a home, such as electricity and gas, is becoming a significant consideration for purchasers.

Many people however are unaware of the costs involved which is why a number of online tools have been designed to assist purchasers.

Australian properties will soon have their own energy efficiency rating for the first time giving buyers and tenants an indication of how energy efficient their next home could be.

Property rating data is clearly important information and a factor to be considered when purchasing a property which may have high ongoing energy costs.

The costs of heating and cooling a home can be substantial. The more efficient a property is the less costs that are incurred.