There is a growing interest among savvy and informed property investors, in how to create greener property portfolios.

Australia is at the forefront of innovative and market leading building practices that prioritise environmental sustainability.

Lower running costs of properties driven by sustainable energy are a significant reason for the shift towards green construction.

Property Investors have a vested interest in responding to market forces in an economically viable way.

Investing sustainably can be an emotional decision for a lot of investors however decisions should also be economically driven, in that they promise longevity of use as well as benefiting the environment.

Also, reflect the savings you create from sustainability practices in your rental price

Here are some tips from RealRenta to help you build a greener investment portfolio:

• Invest with builders and property developers that demonstrate experience and knowledge in building sustainably with relatable recognition for their work and the appropriate credentials.
• Compare different technologies and do your research to ensure that your builder or developer is using the best technology.
• Seek concise information on the savings you will make from any given innovation or technology that drives down energy use.
• Invest in property that is adaptable as environmental construction practices and technologies are continuously improving and transitioning.
• Make sure that any tech built into your investments can be easily replaced as new relatable technologies are developed.
• Refer to the Green Building Council Australia for news and information about current building practices
• Research related Government rebates that you can use to offset the cost of installing sustainable technologies.
• Work with a landscape designer that can create a garden that utilizes native plants that won’t require a lot of watering.
• In the case of property development, be aware of the expected water and energy use in construction and take into account building design, the garden and materials used.
• Diversify your investments in properties that rely on different economic drivers ie, one property that relies on tourism and one close to schools etc.

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