New research finds that people are willing to pay more for energy efficient housing, making the case for a mandatory national rating system for existing homes. 

“Location, location, location” is a time-honoured mantra for pricing property, but research shows buyers and renters are also prepared to pay a premium for energy efficiency.

A new study has analysed tens of thousands of property transactions over five years from 2011-16 in the Australian Capital Territory, where it is mandatory to disclose the energy efficiency rating (EER) when selling a home.