Property website RealEstate.com has reported that recent sharp hikes in energy bills are driving strong homebuyer interest in more affordable, energy efficient homes. This is good news for The Cape, which is leading the way as Victoria’s best designed energy efficient housing estate.
Annual energy bills per household are averaging at or above $3000 for Australian households. Speaking with property news group RealEstate.com, WPB Property Group executive chairman Greville Pabst believes sustainable lower running cost homes are the way of the future as the cost of living increases. “If you could demonstrate a house would save you money, I think people would pay for it. If the house could prove it could save $2000-$3000 in bills a year, buyers might calculate that over time and be prepared to pay an extra $30,000 for the eco-friendly house.” See link to the article here.
The Cape is placing our residents well ahead of the game, combining passive solar design, energy efficient fitout and solar power to build affordable homes that have running costs as low as $300 per annum, which is a tenth of the $3000 per annum national average energy costs for an Australian home. 

With full time residents now living at Cape, we are kick-starting Club Cape which will function as the body corporate for our residents and provide access to the following year-round benefits, all for less than $1000 per annum.