Sustainability in WA Housing: 101

Chiara Pacifici

Founder Green Gurus™ Head of Sustainability Psaros.

Wednesday, 2nd December 2015

Did you know.. 1 in 5 Australians have roof top solar…

21%ofWestAutralianshaveSolarPV

The Future is exciting.. And technology will change

everything

My Why: from Real Estate Agent to Sustainability Consultant

PIER STREET COLLECTIVEA multidisciplinary, collaborative and performance-based design approach to maximize the potential of your next development project.

Rainwater harvesting system integration

Evaluate green roof design opportunities

Assess overshadowing impact of adjacent buildings

Incorporate solar passive design principles to improve

thermal performance and energy efficiency

Analyse performance of shading devices

Evaluate optimum construction materials for building envelope

Calculate solar reflectance and absorptance of materials to

optimise thermal performance

Integrated design of building services to ensure operational

energy efficiency when systems are commissioned

NatHERS | NABERS | eTool | Greenstar certification to showcase environmental

credentials of the development

Calculate total carbon and energy footprint over the

entire life of the development to determine optimum

environmental outcomes

Analyse cross ventilation and urban comfort using

state of the art computational fluid dynamics software

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Determine optimum sizing and payback periods for

renewable energy systems

Selection of materials and finishes for healthy

indoor environmentsUrban design and masterplanning

Sales and marketing to ensure you maximise return and successfully

promote eco-effective features

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Environmentally Sustainable Development = Integrated multi-disciplined team including the Real Estate Agent

Today’s Program 8.30-10.00 SustainabilityinHousing101

10.15-12.15 SustainableTechnologiesandZeroEmissionOutcomesAlexBruce,eToolGlobal

12:45-2:15 SustainableBuildingDesignSidThoo,Architect&Educator

2:30-3.15 FunExercise

3.15-4.15 MarkePng&Valuing,CaseStudies

4.15-4.30 EvaluaPon&Wrapup

Coffee/tea 2:!5-2:30pm

Lunch 12.15-12.45pm

Coffee/tea 10.00-10:15am

Housekeeping

Why is it important for you as a Real Estate Agent?

Are buyers really paying More for Greener Homes..

“What is clear is that there is mounting evidence that in many markets across the world, part of being a better quality building means being a green building”. “In premium markets in particular, green is increasingly expected by tenants and owners – it is just part of what good ‘quality’ means. “ World Green Building Council, 2013

International Research: Identifying $ value in �Green Rated� Residential Buildings (2012)

Source: The Value of Green Labels in the California Housing Market: Website: www.nilskok.com/2012/07/greenhomes.html

•  ACT implemented mandatory disclosure of Energy Rating (since 1999) on sale or lease!

•  5000 homes analysed in this study (between 2005/2006)

•  Isolated Star Rating from all other variables (i.e. location /age/size)

FINDINGS: 1 STAR = 3% Value

Source: http://www.nathers.gov.au/about/publications/pubs/eer-house-price-act.pdf

Australian Research: Relationship between Energy Efficiency Rating & House Price (2008)

Commercial Green Buildings (2011) Evidence of Price Premiums paid by the market

•  NABERS energy rating: •  9% green premium in value

for 5 star •  2-3% green premium in

value for 3-4.5 star”

•  Green Star rating: green premium in value of 12%

•  Other benefits, e.g. reduced vacancy and outgoings

Source: http://aries.mq.edu.au/sustainability/what-to-do/sustainability-at-work.pdf

We have a vision that real estate can come back down to earth and begin participating in the rebuilding of local communities, and the recreating of homes that

are in balance with the natural environment.

ü RECENTLY launched �Liveability��website

ü  AN initiative that supports Australians to live the life they want sustainably and show them ways to save money through energy and water efficiency. ü  Partnered with DOMAIN (Fairfax Media) as exclusive media partner.

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LJ Hooker Leadership for their agents: Liveability Property Features + Agents Appraisal

The Bigger Picture

What is affecting the Property sector

TRANSPORT

84% are using the car to get to work 34% travel less than 10km to work/study

�A lot of people live in Perth�s outer suburbs because it�s where they can afford to buy a home but they

don�t take into account the ongoing cost of driving to work every day�.

(Mrs Fulkner, Committee for Perth, 2015)

Sources:Committee for Perth, Apr 2014 - http://us7.campaign-archive1.com/?u=2d482b3fe059fe69ad22d7616&id=4c224b0f5f&e=2e7287c82c RAC Exploring the role of car sharing in Perth, 2015, http://rac.com.au/cs/idcplg?IdcService=GET_FILE&dDocName=RACSTG061758&allowInterrupt=1&RevisionSelectionMethod=LatestReleased&noSaveAs=1

•  WA has Highest car ownership in Australia = 650 cars per 1000 people

•  1.3 million cars = 3.9 million car parking bays •  Car park bay = $30,000 (average)

Source: Dr Brad Pettit, Mayor Fremantle. https://www.youtube.com/watch?v=IN1-MOM2i3I&index=1&list=UU0IUusH_s3vUYC0NYeUUEmQ

Taking us longer to get to work..

We are building bigger

Did you know? 98% of housing is existing stock and 2% are new

homes that flows into the system every year…

MorepeoplearelivinginApartmentBuildings=amorefinancially

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“We should not be afraid to shape our cities: otherwise we risk them shaping us” (Winston Churchill)

Source: http://grattan.edu.au/wp-content/uploads/2014/04/117_report_getting_the_housing_we_want.pdf

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In a ground breaking 2013 study, sustainability features were listed in the top 10 things that mattered most when

choosing a home!

Latest Perth Study, Dec 2014

Identified Top 3 priorities: •  Increase in public

transport •  More eco-friendly

buildings •  Well designed, safer bike

paths

‘Very strong support for medium to high density

apartment style developments around transport hubs and

inner city areas’

Before you go..

§ Sustainability infrastructure includes items like Solar PV Panels, Rain water tanks and Grey water systems. § Anything affixed to common area needs

approval such as excusive use of a dedicated area for solar PV

§ A By-law should be registered on the title to ensure indemnity, responsibility / maintenance and insurance are covered

§  If an item is not approved by strata then it is likely not insured

§  Issues such as structural integrity and indemnification can arise.

Strata By-laws & Sustainability Infrastructure: What to look out for..

Signature Apartments, Sydney

Have they asked the Strata Company for permission to install Solar Panels?   

•  Is there a by-law that regulates the appearance of the Lot? •  How much of the roof area will they occupy? •  Where will they be placed? (designated area on roof space) •  What is the value of the item? (for insurance purposes) •  How have they been fitted? •  Was the installer Licensed to carry out the work? •  What are the warranties, etc •  Will the home owner need additional insurance cover or is it covered by contents?

QUESTIONS FOR THOSE SEEKING APPROVAL:

Source: Shane White, Strata Title Consult Pty Ltd: shane.white@stratatitleconsult.com.au

Tea Break