Real Estate Market Trends in Canberra: Is Now a Good Time to Renovate and Sell?
Canberra’s Property Market in 2025 – What’s Happening Now
The ACT property market continues to show resilience, with demand for well-presented homes remaining strong. According to the ACT Government Housing Market Report, Canberra’s median house price sits among the highest in Australia, driven by steady population growth, strong employment, and limited land supply.
While buyers are cautious due to rising interest rates, quality homes that are move-in ready still attract competitive offers.
Why Renovations Can Boost Your Sale Price
Even in a shifting market, presentation is key. Research shows that renovated homes in Canberra often sell faster and at a higher price than untouched properties. Buyers are looking for modern kitchens, fresh bathrooms, open-plan layouts, and low-maintenance outdoor spaces.
Key renovations that add value in Canberra:
- Kitchen upgrades
- Bathroom renovations
- Fresh paint and flooring
- Curb appeal and landscaping
- Energy efficiency improvements (e.g. solar, insulation upgrades – supported by the Clean Energy Council)
Risks of Renovating in the Current Market
Renovations aren’t risk-free. If done poorly, they can add cost without return. Canberra’s strict building and compliance requirements — managed by Access Canberra and City Services ACT — mean cutting corners can backfire.
That’s why partnering with a trusted, licensed team ensures renovations comply with safety standards (SafeWork ACT) and appeal to today’s buyers.
Should You Renovate or Sell As-Is?
The answer depends on your property’s current state, your timeline, and your goals. If your home is dated or requires obvious cosmetic fixes, a renovation is often the difference between an average sale and a standout result.
At Your Property Profits, we offer a renovate now, pay later model so you don’t carry the upfront cost — our profit share only kicks in once your property sells.
Canberra Market Outlook – Timing Your Sale
Local agents predict steady buyer demand through 2025, especially for family homes in established suburbs like Belconnen, Woden, and Gungahlin. Renovated homes are tipped to outperform the market as buyers prioritise move-in-ready properties in an uncertain economic climate.
Ready to Maximise Your Property Sale?
Whether you’re deciding if now is the right time or want expert guidance on the renovations that deliver the highest return, we’re here to help.
📞 Contact Your Property Profits today for a free consultation and tailored pre-sale renovation plan.
