Homes as income generators: the next shift in property value

IMAGINE your home generating income without lifting a finger.

While it’s not yet widespread, emerging technologies are steadily increasing the potential for Australian households to save — or even earn — money.

According to Nerida Conisbee, Ray White Group chief economist, if these systems become mainstream, they’ll add financial return to home ownership.

That change could make properties more desirable, increasing competition and placing upward pressure on prices.

The most advanced developments are in household energy.

Rooftop solar now features on over a third of Australian homes, and battery use is expanding, with over 180,000 installed. 

The Cheaper Home Batteries Program, introduced in July, is accelerating this trend.

Batteries let households store energy when it’s cheapest and use it later. 

Electric vehicles will increasingly serve as additional storage. 

Smart appliances and demand-response programs further reduce costs by shifting energy use to off-peak times.

A major change is coming in July 2026. Under the federal Solar Sharer scheme, households in South Australia, New South Wales and south-east Queensland will receive three hours of free electricity each day.

Some retailers already offer similar plans, but this mandate will expand access significantly.

For homes with batteries or EVs at home during the day, the cost savings could be substantial.

The aim is to encourage use when solar generation is at its peak and prices are lowest.

Requisites include a smart meter and shifting energy use — such as appliances, air conditioners or EV charging — into the free period.

Virtual power plant programs are also growing.

South Australia leads the way, but similar programs exist in New South Wales, Queensland and Victoria.

Beyond energy, early-stage systems are emerging. 

Some homes may one day rent out unused computing capacity or share environmental data with councils or insurers.

Conisbee said these developments won’t turn homes into major income generators, but the financial benefits are clear.

“When a home delivers a return — by saving or earning — it becomes more valuable to buyers,” she said.

“That can lead to higher sale prices.”

Homes that lower costs or generate modest income streams will likely be seen as better investments, especially as smart systems and EV integration become more common.

“Ultimately, the next phase of home ownership is not just about savings — it’s about becoming part of the energy and digital economy,” Conisbee said.

“And that shift will influence how properties are valued.”