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What Renovation Adds the Most Value to a Home in Mornington, Australia?

by Rebecca Washington

Renovating your home can be a game-changer, especially if you’re looking to increase its market value. But not all renovations offer the same return on investment (ROI). If you’re in Mornington, Australia, understanding the most valuable upgrades can make a huge difference when selling or refinancing. Whether you’re targeting homebuyers in Mornington Peninsula, real estate investors, or simply enhancing your living space, with Leona Rodriguesi of Mornington Cabinet Makers, this guide will help you determine what renovation adds the most value to a home in this thriving coastal region.

a renovated kitchen

Understanding the Mornington Real Estate Market

Mornington is a sought-after location due to its beachside lifestyle, scenic views, and proximity to Melbourne. The local property market has seen steady growth, with buyers seeking modern, well-maintained homes that fit the relaxed yet luxurious coastal aesthetic. When considering renovations, it’s crucial to align upgrades with buyer preferences in the Mornington Peninsula real estate market.

According to property experts in Mornington, the following renovations offer the highest ROI and add the most value to your home:

1. Kitchen Renovation – The Ultimate Value Booster

A modern kitchen is one of the biggest selling points for homebuyers in Mornington. A full kitchen renovation can yield up to 80% ROI, making it one of the best investments for homeowners looking to increase their property value.

Key Upgrades to Maximise ROI:

  • Stone Benchtops – Quartz or granite benchtops give a luxurious, high-end feel.
  • Open-Plan Layout – Knocking down walls to create a more open space increases natural light and functionality.
  • Energy-Efficient Appliances – Buyers in Mornington Peninsula prefer sustainable homes with energy-saving features.
  • Custom Cabinetry & Storage – Soft-close drawers and deep cabinets are highly desirable.

A kitchen renovation in Mornington, Victoria, can significantly increase property value while enhancing everyday living.

2. Bathroom Renovation – A Small Upgrade, Big Impact

Bathrooms are another high-value renovation that attracts buyers. Even a minor remodel can offer a 70% ROI or more.

Best Bathroom Upgrades for Mornington Homes:

  • Walk-In Showers – Frameless glass showers make small spaces look bigger.
  • Freestanding Bathtubs – A must-have for luxury homes in Mornington.
  • Modern Tapware & Fixtures – Matte black or brushed nickel finishes add a contemporary touch.
  • Underfloor Heating – Particularly appealing in colder months.

Buyers in Mornington Peninsula suburbs like Mount Eliza and Mount Martha often seek homes with high-end bathroom designs that reflect modern aesthetics.

3. Outdoor Living Spaces – Essential for Mornington Homes

Given Mornington’s coastal lifestyle, outdoor living spaces are a top priority for buyers. An outdoor renovation can increase property value by 10-15%.

Best Outdoor Renovations for Maximum Value:

  • Decking & Pergolas – A well-designed deck with a pergola creates a perfect entertaining area.
  • Outdoor Kitchens – Alfresco dining spaces with BBQ setups are highly sought-after.
  • Low-Maintenance Landscaping – Native plants and sustainable garden features enhance curb appeal.
  • Swimming Pools – While pools aren’t essential, luxury buyers often consider them a bonus.

Homes in Mornington, Frankston South, and Dromana with functional outdoor spaces tend to attract more interest from buyers.

4. Energy Efficiency Upgrades – A Smart Investment

With rising energy costs and a growing focus on sustainability, energy-efficient upgrades boost property value and reduce long-term expenses.

Most Valuable Energy-Efficient Upgrades:

  • Solar Panels – A major selling point for eco-conscious buyers.
  • Double-Glazed Windows – Improve insulation and reduce heating/cooling costs.
  • LED Lighting – Lower electricity bills and provide better illumination.
  • Smart Home Features – Automated lighting, security, and temperature control appeal to modern buyers.

Sustainable homes in Mornington Peninsula stand out in the competitive real estate market.

5. Adding an Extra Bedroom or Home Office

With the rise of remote work, home offices and extra bedrooms have become highly desirable features. Adding another bedroom can increase your home’s value by 10-15%, while a dedicated home office can be a selling point for professionals.

Best Ways to Expand Your Living Space:

  • Converting a Garage – Ideal for extra bedrooms or office space.
  • Loft Conversions – Maximise space without extending your home’s footprint.
  • Granny Flats – Popular for multi-generational living or rental income.

Properties with flexible living spaces are in high demand across Mornington and surrounding suburbs.

6. Curb Appeal & First Impressions Matter

A well-maintained exterior renovation can make a significant difference in attracting buyers. Simple improvements can offer an ROI of 50-75%.

Easy Ways to Improve Curb Appeal:

  • Fresh Paint – Neutral, modern colours appeal to a broader audience.
  • Landscaping Enhancements – Lush gardens and tidy lawns boost first impressions.
  • Modern Front Doors & Windows – Updating old doors instantly refreshes your home’s appearance.
  • Driveway Upgrades – Resurfacing a driveway improves street appeal.

Homes in Mornington Peninsula with strong curb appeal sell faster and at higher prices.

Choosing the Right Renovation for Your Mornington Home

Not all renovations are equal, so it’s crucial to prioritise upgrades that align with buyer preferences in Mornington. If you plan to sell your home, consider consulting with local real estate agents to determine the most strategic renovations.

Summary of the Best Value-Adding Renovations:

  1. Kitchen Renovation – Up to 80% ROI
  2. Bathroom Remodel – Around 70% ROI
  3. Outdoor Living Spaces – Increases value by 10-15%
  4. Energy-Efficient Upgrades – Attracts eco-conscious buyers
  5. Additional Bedroom/Home Office – High demand post-pandemic
  6. Curb Appeal Enhancements – Boosts resale potential

Mornington’s growing real estate market makes home renovations a worthwhile investment. Whether you’re preparing to sell or simply upgrading your living space, strategic renovations can significantly boost your home’s value and appeal. For professional, see Leona Rodriguesi of Mornington Cabinet Makers.

Final Thoughts

So, what renovation adds the most value to a home in Mornington, Australia? The answer depends on your goals, budget, and target buyers. However, focusing on modern kitchens, updated bathrooms, outdoor living areas, and energy-efficient features will ensure you maximise your property’s potential.

By understanding buyer preferences in Mornington Peninsula, you can make smart renovation choices that increase both home value and marketability. If you’re unsure where to start, consulting with a local renovation expert or real estate agent in Mornington can help guide your investment.