The economics of sustainable residential building in Australia
- DOI
- 10.2991/mmebc-16.2016.442How to use a DOI?
- Keywords
- sustainable building, willingness to pay, energy rating, valuation
- Abstract
Sustainable buildings have been commonly considered as more expensive than traditional design building. Public has concerned about actual economic return of energy efficient building. This study tries to analyze economical return of sustainable residential building in Melbourne and what is rational decision of sustainable feature when occupants try to build a new house. This report result shows that some improvement of sustainable feature in building has positive impact on the value of building. This report is going to help investor and developer to make balance between the economical efficiency and energy efficiency of energy efficient building.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Lefeng Liu AU - Changjiang Liu PY - 2016/06 DA - 2016/06 TI - The economics of sustainable residential building in Australia BT - Proceedings of the 2016 6th International Conference on Machinery, Materials, Environment, Biotechnology and Computer PB - Atlantis Press SP - 2209 EP - 2213 SN - 2352-5401 UR - https://doi.org/10.2991/mmebc-16.2016.442 DO - 10.2991/mmebc-16.2016.442 ID - Liu2016/06 ER -