Benefits of buying an investment property with solar energy

The addition of solar energy to your investment property is quite logical- it will make your property a much more attractive option for tenants who want a cheaper power bill.


Currently, very few rental properties have solar panels, so purchasing a property with panels installed, is certainly a smart move because properties with solar panels, stand out in the market.

Investment properties with solar panels end up being more valuable as recent surveys show about two-thirds of people, would pay at least $5000 more for a property with solar energy.

Also, the ATO currently measures the effective life of a solar energy system as 20 years, therefore investors, can claim a 10% decline in value every year, using the diminishing value method.


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Marlene Liontis
Thursday, 21 November 2019

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