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Renovate smart, sell faster: What buyers want
In this episode of The Smart Property Investment Show, co-hosts Liam Garman and Emilie Lauer unpack renovation opportunities alongside the buyer’s behaviours, government schemes, rate cuts, and price trends.
Australia’s property market is shifting, with first home buyers and investors adapting to new government support, interest rate changes, and evolving buyer preferences.
Renovations are proving to be a smart strategy, often boosting values by at least 10 per cent and sometimes doubling returns, although hidden costs and delays remain risks.
The duo warns against rushing in or relying too heavily on DIY, stressing the importance of careful planning and professional assistance.
In hot markets such as Tasmania, South Australia, and Western Australia, properties with polished, professionally designed interiors are achieving premiums of more than 100 per cent.
Buyer’s behaviours have also shown more flexibility, increasingly willing to compromise on features like the number of bedrooms, bathrooms, or solar systems to secure a home.
Ultimately, the duo believes that success in today’s market comes down to seizing opportunities, making informed compromises, and approaching renovations with a clear, strategic plan.
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