Renovating For Returns

Could your house use a fresh lick of paint? Renovating your home can not only make it more comfortable for you to live in, but also help you maximise your return when you eventually sell. Here’s our comprehensive guide to getting the most value out of renovations from our award winning brokers in Australia.

Renovating In Australia
Renovating In Australia

How To Increase Your Home’s Value By Renovating

Maximise Your Curb Appeal

When it comes to selling a house, first impressions are key. You’re not just selling a building, but a home for a new family to make memories in. You want them to fall in love with your house as soon as they pull up to the curb.

Fortunately, your front facade is usually affordable to renovate. Just by sprucing up your garden, touching up the paint job, and keeping everything clean and tidy, you can create a charming and welcoming view from the street.

Upgrade Your Kitchen

The kitchen is often seen as the heart of the home. It’s not only where people spend plenty of time, but also a space that needs to be functional. For these reasons, a good kitchen can boost your home’s value.

If your kitchen is looking worse for wear but has good bones, you can simply repaint the cabinets, replace the benchtop, and add a fresh backsplash along with some new fittings and appliances. If your kitchen is not functional or attractive, it could be time for a complete do-over. 

A made-to-order custom kitchen will give you the freedom to design the exact space that you want, but it is also the most expensive option. If you’re hoping to save money you can buy and install a modular kitchen yourself.

Show Your Bathroom Some Love

Another room that can dramatically impact your house’s value is the bathroom. Due to tiling, this can be an expensive renovation, but if you have a particularly outdated bathroom a complete redo could be worth it. You can also simply respray the tiles and switch out the fittings for a quick and affordable makeover. 

Another way to boost your home’s value is to add an entirely new bathroom. This is especially true if you currently only have one. 

Replace Your Flooring

If your floors are covered with old carpet or laminate from another era, it could be time for an upgrade. While solid wood floors are particularly popular in Australia, there are many budget-friendly options such as modern vinyl and laminate that can look just as good. They are also extremely durable and easy to clean which will be a selling point for busy families.

Add A Bedroom

Sometimes the best way to maximise your return is to add to your home rather than just upgrade it. Another bedroom will immediately increase your home’s value.

Add A Fresh Coat Of Paint

Don’t underestimate the difference a new paint job can make. A fresh, soft white will clean and brighten up your space for potential buyers. The best part is that you can easily paint yourself, making this one of the most affordable ways to increase your property’s value. 

Financing Your Renovation

Need help to secure funds for your renovation? Contact our team of award winning brokers in Australia to discuss your options. 

Our service is completely

Free

Yes, that’s right. You pay zero, zip, nada.

1st Street’s premium service comes at no cost to you! 1st Street is paid by the lender when your loan settles, however, this will not affect your interest rate or loan fees! It is often more cost-effective for a mortgage broker to process a loan rather than the lenders processing it themselves in-house. In fact, we often find that we can save you money by negotiating on your behalf.

I want to buyI want to refinance

Crunch
your numbers

Use our online calculators to work out how much you can borrow, loan repayments, stamp duty and lots more.

View calculators

With 40+ lenders to choose from, the options are never ending!

A word from our satisfied customers

Maxine Zhong
Maxine Zhong
19 October 2023
Amanda has been such an incredible support throughout our very first time going through the home loan process. Her thoughtfulness to regularly check in to make sure all our questions were answered and that all our documents were in place helped to make the whole daunting process feel seamless and easy. I could not recommend her enough - she made sure to keep us informed every step of the way and made sure all necessary documents/processes were completed well ahead of time so we never had to worry about missing any steps. She went well above and beyond her role, and I know we will definitely be coming back to her in the future, as well as recommending her to all of our networks! Thank you again, Amanda!
Mark Nesbitt
Mark Nesbitt
11 October 2023
Greg and the team provide an outstanding service. Highly recommended
Christine Tran
Christine Tran
23 September 2023
Yuval handled my first ever home loan, he did such an amazing job I asked to him to refinance for me 2 years later. Yuval made everything very easy for me, and will give his best recommendation as if it was his own. Would always recommend Yuval :)
David Petrini
David Petrini
25 August 2023
Yuval Bloomfield was an absolute delight to work with. He made it extremely easy for my clients to discuss about their financial situation. With Yuval's strong connections he was able to get the loan my clients wanted in very quick time. Will definitely refer Yuval again.
Sophie Linehan
Sophie Linehan
24 August 2023
Greg and the team at 1st Street were fantastic all the way through the process of getting our financing sorted and buying a new home. They not only secured us the most competitive mortgage in the market but they also gave advice on a number of mortgage-adjacent questions that came up along the way. Their responsive and thoughtful guidance helped make the nail-biting process clear and calm. We would definitely recommend their services.
Gabrielle Scott-Jones
Gabrielle Scott-Jones
18 August 2023
Greg and his team gave me exceptional advice and support. They were timely and detailed in their responses and dealt patiently with me as a first home buyer and all of my questions. The lender at the bank commented on how well I was being looked after compared with other brokers in the market. I’d highly recommend 1st Street to anyone, including friends and family.
Eli Simic
Eli Simic
15 August 2023
Great communication and fast service
Richard Kuipers
Richard Kuipers
11 August 2023
Jeremy and his team are superb. Negotiated the best deal for us and were an absolure pleasure to work with. Highly recommended, you can't do any better in my opinion.
Jordan Rivkin
Jordan Rivkin
1 August 2023
The team at 1st Street truly are professionals. I can't recommend Jeremy highly enough, he is extremely competent and just a great guy. You're in safe hands with 1st Street!
Yossi Bengida
Yossi Bengida
23 July 2023
Another amazing job by David and Bree. Always available for our questions, helpful and just 10/10 Seriously good work !! See you on the next one :) Yossi and liz