The sustainability rebate supplements Landcom’s existing Landscaping and Fencing Rebate, and offers a ‘cash back’ incentive to buyers who build their homes to meet or exceed Landcom’s standards, for example our BASIX targets.
Our Sustainability Rebate was developed in collaboration with the Landcom Sales and Marketing Team and Project Teams. Sales and Marketing undertook a review of the residential market to determine the best financial rebate value, sufficient to attract interest and drive sales leads. The Sustainability Team then worked within the prescribed rebate value to reverse-engineer what type of home interventions would yield the greatest return on investment – both for the home owner, and to accelerate Landcom’s performance against our Energy & Emissions and Environmental Management targets.
Inclusions that will contribute to a residential home meeting Landcom’s BASIX targets include:
LED lighting upgrades
Solar panels, solar hot water systems and home batteries
Energy efficient appliances
A key consideration was to ensure the Sustainability Rebate was beneficial to new owner occupiers and renters that may choose to live in a new home within a Landcom community. By enhancing the quality and efficiency of a home, its overall value is improved – benefiting owner occupiers and investors. As the rebate also enables operational cost savings for the life of the home, it ensures renters also derive value from it.
Sustainability Rebates will be offered at various Landcom projects from FY19. In order to claim the Rebate, buyers will need to present their BASIX Certificate to Landcom, showing they have met or exceeded the minimum score set by Landcom. BASIX Certificates are required by the Department of Planning and Environment and form part of existing development consent and occupancy certification requirements at the completion of a home build, so there is minimal cost impost for our customers to claim the Rebate.
Through this process, we are one step closer to our net-zero carbon leadership Goal, encouraging low carbon homes.