Energy efficiency rating systems for housing: an Australian perspective

Neville Hurst

International Journal of Housing Markets and Analysis, 2012, vol. 5, issue 4, 361-376

Abstract: Purpose - The purpose of this paper is to examine current trends in energy efficiency ratings and consider their likely impact on the Australian housing market. Design/methodology/approach - The research is yet to be conducted; however a mixed method is proposed which is grounded on the theoretical model of consumer behaviour within housing markets. This model has been tested and demonstrated to be useful in predicting buyer behaviour. Findings - Established theories of buyer perception indicate the introduction of energy efficiency rating systems will have an effect on the level of house prices. Research limitations/implications - This research is focussed on housing in Australia but also has implications for other global housing markets which are addressing sustainability. Practical implications - Outputs of this research have implications for policy makers, real estate agents and valuers. Social implications - Increasing energy costs is likely to restructure the way housing markets operate with regard to sustainability and energy efficiency rating systems and also how they are understood. Originality/value - This research will be in the Australian context utilising international modeling. As mandatory energy efficiency ratings have not been introduced, this research will be original.

Keywords: Housing; Energy efficiency rating; Buyer perception; Consumer behaviour; Energy consumption; Australia (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijhmap:v:5:y:2012:i:4:p:361-376

DOI: 10.1108/17538271211268501

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