How much should I invest in a presale makeover?
Short Answer
Most effective presale makeovers involve investing 2-5% of your property's market value in high-impact improvements. Focus on cost-effective updates that appeal to buyers rather than expensive renovations.
Long Answer
The ideal investment for a presale makeover typically ranges from 2% to 5% of your property's current market value, though this can vary based on your property's condition and local market conditions. The key is focusing on improvements that offer strong returns on investment rather than over-capitalising on renovations you won't recover through the sale price.
High-impact, cost-effective improvements often include fresh interior and exterior paint, updated lighting fixtures, new tapware, modern door handles, and professional landscaping. Kitchen and bathroom updates, such as new benchtops, updated cabinetry hardware, or modern tiles, can also provide excellent returns when done strategically.
We recommend consulting with renovation professionals who understand your local market to determine the optimal investment level. They can assess your property's current condition, identify the most impactful improvements, and provide detailed cost estimates to help you make informed decisions that maximise your return.