I have bought my first investment property in adelaide. It is old but as i am currently still renovating my house i live in on the gold coast i dont want to spend much money on the investment.
What small improvements add value to rental properties for future tenants.
I always repaint the bathroom if not fully tiled. For the cost of some good white paint ($100) and a good scrub, brings it back to life.
Paint, carpet/lino, door handles, cupboard doors or handles, tapware, light fittings, basic shower screen – all cheap and cosmetic. Respray bathroom tiles/bath for a new colour.
get fast internet ,a garage and allow pets ?
Tenants also like feeling secure screens on doors a must for me. Also if you can afford it aircon, it may sound like alot but tenants will pay more for aircon, its actually not that expensive just shop around. If the place is old mind you better check the board to make sure theres enough amps!
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