Follow in Melbourne's Footstep: Key Sustainability Trends Every Real Estate Player and Developer Needs to Know

by Engine Property Group

Melbourne, Australia’s second-largest city, is now a leader in sustainability efforts. From sustainable transportation to renewable energy, Melbourne has made significant progress in reducing its environmental impact. Here are some sustainability trends Melbourne is leading.

Commitment

Melbourne’s commitment to sustainability has made it a leader in environmental efforts. From sustainable transportation to renewable energy, Melbourne has implemented various policies to reduce its environmental impact. The city’s focus on sustainable practices has not only improved the environment but has also created a more liveable city for its residents. As other cities look to reduce their environmental impact, Melbourne’s sustainability efforts serve as a model for others to follow. We're inspired by Melbourne and its residents' actions toward reducing carbon, conserving resources, and promoting eco-friendly practices. We encourage everyone to make the right choices and do their part in creating a healthier planet for ourselves and future generations.

Sustainable Buildings

Melbourne has implemented various policies to promote sustainable building practices. The city requires new buildings to meet strict energy efficiency standards, and the city has invested in retrofitting existing buildings to improve energy efficiency. Melbourne’s Council House 2, for example, is one of the most energy-efficient buildings in the world. It uses natural ventilation and a tri-generation system to minimize energy consumption.

Energy Source

Melbourne is committed to transitioning to renewable energy sources. The city has set a goal of achieving net-zero emissions by 2050 and has already made significant progress towards that goal. More than 40% of the city’s electricity is sourced from renewables , such as wind and solar, and the city has invested in large-scale renewable energy projects. Melbourne’s iconic Flinders Street Station, for example, is powered by a 20kW solar array.

Waste Solutions

Melbourne has implemented various initiatives to reduce waste, including recycling and composting programs. The city has set a goal of achieving zero waste to landfill by 2030 and has implemented policies to achieve that goal. The city’s recycling program is one of the most comprehensive in the world, with over 80% of waste recycled or composted. Melbourne has also implemented a ban on single-use plastics, such as straws and plastic bags, to reduce plastic waste.

Green Spaces

Renowned for its green spaces, Melbourne has implemented policies to protect and enhance these areas. The city has over 480 parks and reserves, including the Royal Botanic Gardens, which is home to over 8,500 plant species. Melbourne has also implemented policies to increase the amount of green space in the city, such as rooftop gardens and green walls.

Sustainable transportation

Melbourne’s transportation system is one of the most sustainable in the world. The city has an extensive public transportation network that includes trams, buses, and trains. The public transportation system is powered by renewable energy sources, such as wind and solar, and emitting 70% less greenhouse gas emissions compared to driving. Melbourne also has a robust bike-sharing program and dedicated bike lanes, making cycling a viable option for commuters. E scooters and E bikes are widely available in the CBD and surrounding areas.

Eat Sustainably

Melbourne has a vibrant food culture, and the city has implemented policies to promote sustainable food practices. The city has a thriving farmers’ market scene, with over 50 farmers’ markets across the city. Melbourne also has a strong local food movement, with many restaurants sourcing their ingredients from local producers. The city has also implemented policies to reduce food waste, such as community composting programs.

Organic farming and produces are on the rise. People are choosing to eliminate pesticides and non-organic fertilizers from the food they consume. To learn more about sustainability, don't miss the Highlife Expo on June 1st, 2024, in the CBD. Visit us at the Engine Property Group 'future-ready' stand.