The biggest mistake for Landlords is to renovate their property to meet their personal style or needs. There is no need for expensive carpets or lighting … always focus on the market requirements AND your budget.

How to renovate a rental property for a better rental income

Here are a few tips for “rentvestors”:


Floorboards always offer great value; stylish, durable and require limited cleaning. You could also consider fade and stain resistant carpet, or wood-look vinyl flooring.

Extension: to build or rebuild

Rejigging a property can be worthwhile. More space and light can add value and maximise your return on investment. Tenants value an extra bedroom, an extra bathroom, or a car parking space.


Get new tiles if possible, or regrout the existing tiles to refresh them. Ensure toilets/bath/shower are cleaned thoroughly and replace the shower curtains for added freshness. Natural light in bathrooms will always improve the space.

Put up new blinds/curtains

Use simple window treatments to block out light, conceal ugly frames or hide an outlook not worth viewing. Aluminium blinds are a good touch – they look clean and go really well with stainless-steel appliances and door handles. Sheer floating white curtains or flax-colored linen curtains off-the-shelf can also be an inexpensive solution.

Wash the walls and repaint the
Keep your colors neutral throughout. Choose a light color on the window frames to draw the eye outside, making the space feel bigger.


Tenants will pay more for a property with air-conditioning.

Take all rubbish away inside and out

Leaves and garden waste.

Kitchen surfaces

Look for inexpensive materials that can be easily replaced.



HashChing is helping Australians by providing access to pre-negotiated home loan deals. Obligation free consultation with one of our partner brokers might save you time, hassle and money.

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