How Much Value Does a Renovation Add to Your Home in Melbourne?

If you’re planning to renovate your home in Melbourne, one of the first questions you’re likely asking is: Will this actually increase the value of my property? The answer is yes—but how much value depends on what you renovate and how smartly you do it.

1. Kitchen Renovations: The Highest ROI

In Melbourne, a well-executed kitchen renovation can deliver a return of up to 75–90% of its cost when you sell. Why? Because kitchens are dealmakers. Buyers pay close attention to layout, cabinetry, appliances, and finish.

Value tip: Stick to timeless layouts, soft-close drawers, and functional upgrades like deep pantries and smart storage—not just flashy features.

2. Bathroom Upgrades: Consistently Strong Returns

Bathrooms come second to kitchens in ROI. A clean, modern bathroom can yield 60–80% of your renovation cost in added value. Dual vanities, frameless showers, and sleek tile work all boost resale appeal.

Value tip: Prioritise waterproofing and drainage done by licensed experts—future buyers (and building inspectors) will notice.

3. Full-Home Renovations: Emotional and Financial Impact

If you’re renovating more than one room—say a kitchen, bathroom and laundry—you’re not just adding functional value. You're also improving flow, comfort, and emotional appeal, which can boost your home’s perceived value significantly.

Value tip: Renovations that feel cohesive throughout the home are more attractive to buyers than disjointed, one-off upgrades.

4. Cosmetic vs Structural: The ROI Gap

Simple upgrades—like painting, new flooring, and lighting—can offer big visual impact with minimal investment. But structural upgrades (like moving walls or extending) are best weighed carefully against market trends in your suburb.

Value tip: Don’t overcapitalise. In some areas, it’s smarter to renovate modestly and retain budget flexibility.

5. Local Market Matters

Property value is heavily influenced by location. In suburbs like Brighton, Malvern, South Yarra and Camberwell, premium finishes and luxe upgrades can yield higher returns. In growth suburbs, functionality and budget-conscious upgrades perform better.

Final Word:
Renovating your Melbourne home is about more than aesthetics—it’s a strategic investment. At Bluestone Build Co., we help you make smart renovation choices that elevate your home’s beauty and its value. Book your consultation today.