Solar is Boosting Property Values in SE QLD

Solar is Boosting Property Values in SE QLD

Did you know Queensland now boasts the World’s highest penetration of residential rooftop solar? Thinking of going solar?

A new report has shown solar power not only reduces power bills and is better for the environment; it also adds value to properties. According to the study, in some cases house values increased by more than $90,000 and units by $109,000 after solar panels were installed.

Goodhew co-ordinator Kramer Martinez said there was a trend of Sunnybank customers adding additional panels to their existing systems in the past six months. He said higher property values and lower power bills were the main reasons people took up solar power, and that average savings were nearly $500 a quarter.

Meanwhile, RE/MAX Sunnybank real estate agent Ross Bischoff said solar panels were used as a selling point for potential home buyers. Southsider Bob Dean and his son Brad, of Camp Hill, had five kilowatt systems installed on their properties. Mr Dean said he believed it would increase his property’s worth.

“I would assume that it would — definitely if you have a solar power system on your roof. Not everyone sees a swimming pool as a reason to buy,” he said.

Source: Courier Mail

On average, solar systems can add $10,000 to the value of your home. Solar is truly an investment. Even if you have a rental property, you can add electricity into the package and charge a higher rate!

So ask us to design a system that maximises your return. Contact AMP’D Electrical & Solar (your local Gold Coast solar experts) on 0475 415 414 or at [email protected]. You can also read more about our solar services here.

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