Owners often ask Simon Abbott: should you renovate an older block before putting it on the market? The answer is nuanced. Simon breaks down the investor logic (yield vs capital cost), the dangers of overcapitalising, buyer appetite for “cosmetic fixer-uppers,” and real outcomes from simple improvements (fresh paint, tidied common areas) versus major kitchen or bathroom overhauls. Features walk-throughs: Real blocks where $8k in basics added $50k to sale price, and tragic cases where $100k vanished chasing the wrong upgrades. Includes a simple checklist for owners deciding between minor and major works.
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