When homeowners think about increasing their property’s value, the first question is usually where to spend money and what will actually pay off.

Not all upgrades add value. Some improvements attract strong buyer interest and higher offers, while others deliver little to no return. In today’s Australian property market, buyers are more informed, more selective, and focused on value rather than excess.

Understanding what genuinely adds value can help homeowners avoid unnecessary costs and make smarter decisions.

How buyers decide what a property is worth

Before looking at individual features, it is important to understand how buyers assess value.

Buyers typically consider

• Recent comparable sales
• Current buyer demand in the area
• Property condition and presentation
• Layout, functionality, and liveability
• How the home compares to alternatives on the market

This is why two similar homes in the same suburb can sell for very different prices.

If you are unsure how value is assessed, our guide on how much your house is worth in today’s market explains this in more detail.

Location still matters most, but features influence the final price

Location will always be the biggest driver of property value. However, features and presentation play a major role in how buyers perceive value and how far they are willing to stretch.

In many cases, two similar homes in the same suburb can sell for very different prices based on how well the property aligns with current buyer expectations.

Kitchens that feel modern and functional

The kitchen remains one of the most influential spaces in a home.

Buyers do not necessarily expect luxury finishes, but they do look for:

• Clean, modern design
• Functional layout with good storage
• Updated appliances
• Neutral colours and good lighting

A full renovation is not always required. Often, simple upgrades such as new benchtops, refreshed cabinetry, modern handles, or updated splashbacks can significantly improve buyer appeal.

Bathrooms that feel clean and updated

Bathrooms strongly influence buyer confidence.

Homes with bathrooms that feel dated or poorly maintained often raise concerns about hidden costs. Buyers respond positively to:

• Modern fixtures and fittings
• Neutral tones
• Good ventilation and lighting
• A sense of cleanliness and space

Even modest updates such as replacing tapware, mirrors, or vanities can make a noticeable difference without a major renovation budget.

Outdoor living and usable space

Outdoor space has become increasingly important across Australia, particularly since lifestyle preferences shifted in recent years.

Features that add value include:

• Covered outdoor entertaining areas
• Low-maintenance gardens
• Private and usable backyard space
• Balconies or courtyards in apartments and townhouses

Buyers are not just looking for size. They want spaces that feel practical, inviting, and easy to maintain.

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Layout and natural light

How a home flows can be just as important as its size.

Properties that feel open, well connected, and filled with natural light tend to perform better. Buyers value:

• Open-plan living areas
• Logical separation between living and sleeping zones
• Windows that maximise light and airflow
• A sense of space, even in smaller homes

In many cases, decluttering, removing heavy window furnishings, or improving lighting can enhance the perception of layout without structural changes.

Storage and practicality

Practical features often influence buyer decisions more than aesthetic upgrades.

Highly valued elements include:

• Built-in wardrobes
• Adequate storage throughout the home
• Garages or secure parking
• Laundry space with storage

Homes that feel easy to live in often attract stronger demand and better offers.

Energy efficiency and comfort

With rising living costs, buyers are paying more attention to energy efficiency and comfort.

Features that can add value include:

• Air conditioning or heating systems
• Ceiling fans
• Double glazing or improved insulation
• Solar panels, depending on location and setup

While not always a direct price booster, these features can increase buyer confidence and competitiveness.

Renovations that rarely deliver full value

Some upgrades do not deliver the return homeowners expect.

These often include:

• Over-personalised design choices
• High-end renovations that exceed local buyer budgets
• Swimming pools in areas where demand is limited
• Luxury finishes that do not suit the target market

This is where understanding your local market becomes critical. What adds value in one suburb may not add value in another.

Why agent advice matters before you renovate

A common mistake sellers make is spending money without understanding what buyers in their area actually value.

Different agents may recommend very different approaches depending on:

• Current buyer demand
• Local price ceilings
• Competing listings
• Expected return on improvements

How AgentChoice® helps homeowners make smarter decisions

At AgentChoice®, we help homeowners avoid guesswork by connecting them with the top three performing agents in their local area.

By comparing agents, you can understand:

• Which features buyers in your area value most
• Whether renovations are worth doing before selling
• How different agents would price and market your home
• What strategy is most likely to maximise your result

This insight often saves homeowners thousands by avoiding unnecessary upgrades and focusing on what truly matters.

The bottom line

The features that add the most value to a property are those that align with buyer expectations in today’s market.

In general, value is driven by:

• Functional kitchens and bathrooms
• Good layout and natural light
• Outdoor living and usable space
• Practical storage and comfort features
• Smart presentation rather than overcapitalisation

Before making any decisions, understanding your local market and getting the right advice can make all the difference.

Thinking about selling?

Before spending money on upgrades or committing to a sale, it pays to understand how your property would be positioned in today’s market.

At AgentChoice®, we connect homeowners with the top three local agents, so you can compare advice, strategies, and expected outcomes before taking the next step.