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Renovation ROI Calculator

Estimate whether your renovation will pay for itself — or if you're better off investing the cash.

Data reviewed 2026-03-08

Property & Renovation

$

$800,000

$

$50,000

$

$900,000

Growth & Comparison

%

Annual property value growth rate

%

Return if you invested the reno money elsewhere (e.g. shares, ETFs)

Key Stats

Immediate ROI

100.0%

On renovation spend

Net Uplift

$50,000

After renovation cost

Future Advantage

$70,128

Over 5 years vs not renovating

Alt. Investment Growth

$70,128

Cash invested at 7% p.a.

Renovation vs Invest the Cash

YearWith RenoWithout RenoCash InvestedReno Advantage
Year 1$963,000$856,000$53,500+$53,500
Year 2$1,030,410$915,920$57,245+$57,245
Year 3$1,102,539$980,034$61,252+$61,252
Year 4$1,179,716$1,048,637$65,540+$65,540
Year 5$1,262,297$1,122,041$70,128+$70,128

With Reno = post-reno value growing at 7% p.a. | Without Reno = current value growing at 7% p.a. | Cash Invested = reno money invested at 7% p.a.

Assumptions

  • •Capital growth is applied equally to both the renovated and non-renovated property values at the same annual rate.
  • •The alternative investment return is compounded annually on the full renovation cost.
  • •This does not factor in rental yield improvements from renovation, tax implications (depreciation, CGT), or financing costs.
  • •The “expected value after renovation” is your most critical input — get it appraised by a local agent before committing.

This is a simplified estimate only. Renovation outcomes depend on scope, quality, location, and market conditions — consult a property professional for advice specific to your circumstances.

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