New Sunbury estate expecting Millennials to camp out as they power ahead of Boomers - realestate.com.au

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Forget Harry Styles, Millennials are expected to camp out for the first blocks in a Victorian estate about to launch. Here’s why there is so much interest

Villawood boss Rory Costelloe said they had been increasingly implementing sustainability features pioneered in past projects as typical in new developments, and had noticed a particularly strong uptake by Millennials at their nearby Redstone project — which also has no gas connections.“People in their late 20s to late 30s age group have a different view on life to the Baby Boomers as far as environmental concerns go, and that’s a reflection of what happened in the last federal election.

The combination of no gas and more thermally efficient builds is likely to lead to reduced energy bills for residents, with renew.org.au recently estimating homes with seven-star energy efficiency, no gas connection and solar panels in use could be facing annual family energy bills as low as $725. “A seven-star house will work really well thermally. So the only thing you might want it for is cooking.”

Mr Costelloe said while energy bills were already soaring, water would also become “more and more scarce as our population grows” — making it important for new housing to find ways to reduce their fluid consumption.

 

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