Does installing a pool add value to a property?

AAA POOL 1 Does a swimming pool give a home a competitive edge in Australia’s housing market?

An online survey asked more than 1,000 Aussies if they would pay more for a house with a pool.

The most popular response?

 

Surprisingly 40% said No. However the second most popular reply was to pay $10,000 more for a house with a pool (15.7%), followed by $20,000 (10.8%)... Especially amongst those living in states and territories with a warmer climate who valued homes with a pool more.

Nearly one in seven said they’d pay $50,000 or more - which would approximately reimburse the cost of the pool and its installation.

Overall, men placed more value on a swimming pool than women.

Not surprisingly, younger respondents were more likely to pay extra for a house with a pool.

 

VERDICT = In some circumstances, [installing a pool] could add value to the right buyer but it’s highly recommended to research the local market and do your sums properly.

So if adding a pool to your home is on the cards for you we'd be happy to help you figure out the best way to fund it - do you need to refinance? a renovation loan? a top up? or just use cash.

 

Contact us & we'll help you determine the best & cheapest way to see you bathing in style in your own backyard

 

Award Winning Mortgage Broker.

  • 2010
    Number
    1
    FAST Excellence Awards
  • 2014
    Finalist
    FAST Excellence Awards
  • 2015
    Number
    1
    FAST Excellence Awards
  • 2016
    Number
    1
    FAST Excellence Awards
  • 2014
    Finalist
    Australian Mortgage Awards
  • 2016
    Finalist
    Australian Mortgage Awards
  • 2011
    Finalist
    Australian Broker Awards
  • 2015
    Finalist
    Australian Broker Awards
  • 2010
    Top
    100
    MPA Top 100 Brokers
  • 2015
    Top
    100
    MPA Top 100 Brokers
  • 2016
    Top
    100
    MPA Top 100 Brokers
  • 2016
    Finalist
    Broker of the year
    Better Bussiness Awards
  • 2016
    Finalist
    Best Loan Administrator
    Better Bussiness Awards

Follow us

  • Join us on our very own YouTube Channel

    Join us on YouTube for Go Mortgage TV Start Watching Now

  • Join us on Facebook

    Join the Go Mortgage Facebook page for giveaways, competitions, finance information and announcements. Join Us

  • Follow us on Twitter

    Like to Tweet? Follow us on Twitter for giveaways, competitions, finance information and announcements. Follow Us

  • Follow us on Google Plus

    Join the Go Mortgage Google Plus page for giveaways, competitions, finance information and announcements. Join Us

Office Business Hours

Our client support line is
available 9 Hours a day on
1300 855 244

Monday-Friday: 7.30am to 4.30pm
Weekend: By Appointment Only

Email Us

Office Location

  • GOMC_Logo_-_Square_-_White 7 Kendall Place
    Helensvale QLD 4212
  • mailPO Box 654
    Helensvale QLD 4212
  • E-mail open-512info@gomc.com.au