Tanks for the Memories - 2nd August, 2007

One of our expert team members here at Century 21 Westside, John Webb, has recently been going through the process of researching water tank options for his acreage property. He stumbled across some interesting research that highlights just how far we have come in terms of water usage consciousness over the last few years. According to Archicentre, the building advisory service of the Royal Australian Institute of Architects, almost 75% of potential home-buyers now place a rainwater tank above a spa and a plasma TV on the list of inclusions they most want in a property. This is an incredible shift in a very short space of time. Who would have thought even five years ago that having a rainwater tank would boost the saleability of your average home? Spending money on water-wise initiatives should now be considered a near-essential capital investment for the astute investor or vendor. If you’ve been simply tinkering with the idea, tinker no longer. Being water-wise is not only good sense; it’s good business. Being able to promote a home as “water-wise” presents significant benefits. Not only do buyers purchase a home that is able to sustain a half-decent garden at least, but they also acquire a property that is pool-ready, landscaping-friendly and prepared for whatever further restrictions await us in the future. There are still significant rebates on offer for homeowners and investors who elect to be water-wise. Do your research and take the plunge. Until next week … Gerard Baden-Clay, Principal Century 21 Westside