Will 7-star housing really cost more? It depends, but you can keep costs down in a few simple ways

  • Written by: Trivess Moore, Senior Lecturer, School of Property, Construction and Project Management, RMIT University
Will 7-star housing really cost more? It depends, but you can keep costs down in a few simple waysShutterstock

The required energy-efficiency rating of new housing in Australia will increase from 6 to 7 stars from October next year. Some claim this will greatly increase housing costs. But is this true?

Costs for new home owners are the sum of three things:

  • capital costs to build the home

  • costs to heat, cool and live in the home

  • mortgage costs.

The...

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