Whether you're looking to buy a home in Victoria, invest in Australia real estate, or simply hold onto your current property, this is the warning no one told you about
While many pursue capital gains, the true value of your property might lie in its roof, carpets, and gutters. Surprisingly, potential buyers and even tenants may be more concerned with cleanliness and maintenance than you realize.
The hidden killer of long-term profit: neglect
Real estate in Australia has always been seen as a goldmine. But while land appreciates, buildings deteriorate. And unfortunately, too many property owners forget this crucial rule: capital growth means nothing if your home falls apart.
According to Avi Khan of Ray White AKG, many investors focus entirely on growth projections but ignore a silent budget killer maintenance.
“Most don’t factor in costs for upkeep over the next 3–5 years,” Khan says.
Think like a business owner focus on value, not just rent.
Richard Crabb, Director at ASPIRE Property Advisor Network, says investors should treat their properties like a business asset regular servicing, small upgrades, and yes, those boring but necessary check-ups.
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Roof inspection + gutter clean every 12–18 months
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Air conditioning servicing to avoid health issues and extend lifespan
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Termite protection, repainting, and refreshed flooring
Because let's face it: tenants won’t climb on your roof. But water damage will climb into your walls.
Regular gutter cleaning is essential.
Low cost, high impact upgrades
Want to attract better tenants and boost value? You don’t need to spend a fortune:
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Repainting walls
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Replacing or deep-cleaning carpets every 5–7 years
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Fresh flooring
“These small upgrades are what buyers and renters notice first,” Khan says.
Smart upgrades boost long-term returns.
The $3,000 problem that could become $15,000
Ignore that leaky roof today? That $3K fix could balloon into $15K later right when you’re ready to sell. And here's the kicker: poor maintenance won’t just hit your wallet; it’ll hurt your sale price too.
“You have 10–15 seconds to impress a buyer,” Khan warns. “If your home looks tired, you’re leaving money on the table.”Upgrading flooring is a cost-effective way to keep your property looking sharp.
Photo: Janine Eastgate
Your ultimate real estate maintenance checklist
To protect your investment and your sanity keep up with:
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Roof & gutter inspection
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Safety checks (smoke alarms, gas, pools)
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Termite protection
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Aircon servicing
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Paint refresh
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Carpet & flooring updates
Bottom line
Want to build real wealth buying a home in Australia? Don’t just focus on the price protect your property’s value over time.
In real estate, the priciest mistake is doing nothing.