The suburbs least and most likely to be green

Looking at key suburbs, 7 per cent of households in Richmond, Victoria — with an average household income of $124,722 and a median house price of $1,272,500 — and 6 per cent of homes in Cammeray, Sydney — with an average household income of $149,655 and a median house price of $2,295,000 — have solar panels.

Graham Cooke, energy expert at finder.com.au, said he was disappointed that wealthier suburbs are not utilising solar power.

“The upfront cost of installing solar requires at least 40 per cent of the income of those households who are actually taking the plunge, which shows they’re much more conscious when it comes to energy spend,” Mr Cooke said.

“The research suggests that higher earning households are happy to fork out for expensive energy bills without considering how much they can save by investing in solar.”

“Over the last few years, there have been many changes to solar. It’s likely that a lot of these lower income households installed solar when it was subsidised and available at a discount”

Meanwhile, the top 10 postcodes with the biggest suburbs with high solar panel adoption rates are:

Rank	Postcode	Suburb	State	Percentage of homes with solar panels Loading form...
1	4516	Elimbah	QLD	66%
2	5117	Angle Vale	SA	60%
3	4270	Tamborine	QLD	55%
4	4280	Jimboomba	QLD	55%
5	4512	Wamuran	QLD	53%
6	4520	Samford	QLD	53%
7	5172	Willunga	SA	52%
8	5171	McLaren Vale	SA	52%
9	2899	Norfolk Island	NSW	51%
10	4561	Yandina	QLD	51% Share RELATED TERMS House A house refers to a building or property used as living quarters or an individual’s place of permanent or temporary residence. Median Median is the middle point or value in a sorted, ascending or descending, list of data. Panel A panel is a thin flat piece of wood, plywood, or similar material to form part of a surface, or fitted into grooves of thicker material with molded edges for the decorative wall treatment. You need to be a member to post comments. Become a member for free today! Related articles Author Sasha Karen Know more More from this writer: Where to find winners in the WA market How rents have performed for investors so far this year How to save money with a new repayment strategy Popular capital cities on the rise as market softens over June Cash rate call for July 2019 revealed New property sales rebound over May How far can a $500,000 budget get you in Sydney?