Must-Have Sustainable Home Improvements Everyone Needs for the Future (And How to Fund Them)

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Whether you’re looking for new ways to go green in your home or future-proof your property investment with technology-driven upgrades, there are a number of sustainable upgrades worth considering.

Many homeowners and investors want to see the value of their property increase, and more and more buyers are now prioritizing green and sustainable homes. This means buyers are looking for ways to conserve resources, like energy and water, or the high-quality green materials used.

Energy-efficient homes are currently attracting more interest from buyers, selling faster and potentially seeing higher selling prices. Research on the estate showed that the premium paid for a median-priced energy-efficient home in 2022, compared to non-energy-efficient homes, earned you $125,000, or 17.1%, more.

By building or renovating a property to meet this growing need, you may be able to ensure that your property is rented or the value of your home increases.

Eco-responsible renovation and upgrade projects

Installing solar panels on a home is one way homeowners can look to future-proof their asset and potentially increase its value. In fact, a Origin Energy Survey showed that 77% of Australians consider a solar-powered home to be more valuable, and 55% of renters were willing to pay up to $10 more per week to rent a solar-powered home.

According to Origin Energy, solar power infrastructure can include:

  • Solar panels – These panels capture sunlight to convert it into DC (Direct Current).
  • Solar inverter – A solar inverter then converts direct current to alternating current (alternating current) – which then powers your home in real time.
  • Electrical networks – Any excess energy generated can be returned to the grid. It’s here that feed-in tariffs come into play.
  • Solar battery – Excess energy can be stored in a solar battery instead of redirecting it to the grid.
  • Digital counters – Track your energy consumption with a digital metre.
  • Home chargers for electric vehicles

With the ACT recently banning the sale of new gasoline cars from 2035, and other states and territories likely to follow, now is the time to make sure your property is set up for the future of vehicle dominance. electrical (VE).

This process may be easier for a house than for an apartment, as you may need to provide space for common loads, as well as user-pay systems for energy. That being said, electric vehicles and plug-in hybrid vehicles (PHEVs) must be plugged into an external power source in order for the vehicle to charge its on-board battery. And if the adoption of this type of vehicle is set to increase significantly over the next few years, investing in this infrastructure could be worthwhile.

There are technical factors to considerso do your research on which option is best for your property before asking a professional for installation.

If you own a property with a garden and are not subject to water use restrictions, investing in a drip irrigation system may be another sustainable upgrade option worth considering. be considered.

Drip irrigation is considered the most efficient water and nutrient delivery system, and could be ideal if you have a vegetable garden or abundant flora. And for the drier areas of Australia, it is considered the preferred method of irrigating your green space.

As trees, shrubs, and all outdoor greenery work to cool the area around them, this is a landscaping choice that can not only save you electricity by eliminating other methods of cooling. maintenance, but it can also help keep your home cooler in the harsh Australian summers.

  • Double or triple glazed windows

Single glazed windows are still the standard for building construction in Australia. This type of window allows the outside temperature to enter a home much more easily, so it is colder in the winter and warmer in the summer. This means you are spending more energy and spending more on your utilities to regulate the temperature of the house internally.

Additionally, single pane windows may be more susceptible to mold attack due to condensation which may appear more easily than on double or triple pane windows. With the recent El Nina weather events on the East Coast, coupled with an increase in severe weather due to climate change, many homes have experienced record rains and mold outbreaks.

Thanks to climate change, these weather phenomena are likely to continue, so ensuring you can avoid mold and easily regulate the temperature of a home will become even more valuable in the future. Choosing to upgrade or build with double- or triple-glazed windows is another option homeowners can use to future-proof their property.

Financing the renovation of your sustainable home

Homeowners can be happy to know that financing these projects may be easier than you think, as lenders in Australia look to support sustainable home projects with competitive green personal loans.

Green personal loans can be a way for homeowners to finance their green improvements, while earning a more competitive interest rate. Indeed, lenders typically offer green loan customers reduced interest rates to encourage them to make more environmentally friendly home renovations and improvements.

These home upgrades are not just limited to the ones mentioned earlier, but also include:

  • Solar hot water systems and battery storage systems
  • Energy efficient appliances and appliances
  • Gray water treatment systems
  • Rainwater tanks
  • Exterior blinds
  • Energy efficient reverse cycle or zoned air conditioners and electric heaters that meet a minimum star rating
  • LED lighting

Be sure to compare not only the interest rate offered, but also the fees, features, and term of the loan before signing on the dotted line. Comparing your options is one way to make sure the personal loan you choose best suits your financial needs and budget.

Compare green personal loans

Solar Eco Loan

Winner of Best Green Personal Loans, RateCity Gold Awards 2022

Total Refunds Icon

Total refunds for a 3-year, $30,000 ready to 4.69% would be $32,218*. Terms of – years

Winner of Best Green Personal Loans, RateCity Gold Awards 2022

Fixed Secure Personal Eco Loan

Total Refunds Icon

Total refunds for a 3-year, $30,000 ready to 5.35% would be $32,364*. Terms of – years

Secured Green Personal Loan

Total Refunds Icon

Total refunds for a 3-year, $30,000 ready to 5.35% would be $32,364*. Terms of – years

Total Refunds Icon

Total refunds for a 3-year, $30,000 ready to 7.12% would be $33,342*. Terms of – years

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