How to Pull off a Budget Investment Property Reno like a Pro

Home renovations are just as common here in Perth as they are across Australia. While there are homeowners who renovate their own home, there are also homeowners who renovate their investment properties.

Whether you need to renovate your property for maintenance or for profit, renovating a rental property can improve the property’s value, yield better rental rates and attract more (and better) tenants.

If you’re worried that the renovations to your investment property will be more than you can afford – or more than it would be wise to invest in – you may be mistaken. You can forgo undertaking a full-scale renovation and, rather, choose to renovate only certain aspects of your property – aspects that will return an investment.

Today, we’ll look at how you can pull off a budget renovation on an investment property. By following this guide, you won’t need to spend any more than you have to, and you’ll get the best returns on your investment.

Upgrade your vanity

One of the simplest ways to give the bathroom of an investment property a completely new look on a budget is by upgrading the vanity. Vanities are designed to be the focal point of your bathroom and serve a very practical purpose. Upgrading your vanity will breathe new life into even the dullest of bathrooms. For my investment property, I choose our Marine Double Drawer PVC Vanity due to its waterproof design. This means that even if tenants accidentally splash water on it, it will remain in excellent condition. If you’re looking for a durable option for your investment, consider one of our waterproof vanity units.

Get new Kitchen Cabinet

Updating your kitchen cabinets is perhaps the easiest way to transform the look and feel of your kitchen. While cabinetry will make your space more functional, it can also help define the overall visual appeal of your space. And a new kitchen needn’t cost you tens of thousands. At Ross’s, we can supply a complete kitchen with appliances for as little as $8,000!

While kitchen cabinets are available in various styles and designs, white 2-pack cabinets are a great choice. This is because they offer a sleek and modern look and complement a full range of colour schemes, and they never date.

For white 2-pack kitchen cabinets in Perth, look no further than us at Ross’s Discount Home Centre. Our wall cabinets and base cabinets come in a white 2-pack finish and are available in various sizes and configurations. Our cabinets are also very affordable – starting from as low as $160 per unit.

Even if you don’t have $8,000 to invest into new cabinets, there are plenty of other ways to renovation a kitchen on a budget. In fact, you can renovate a kitchen for less than $1000, if you know what to do to get the best bang for your buck.

Update the flooring

Updating the flooring is a sure-fire way of making any space of an investment property look fresh and new. While hybrid flooring is an affordable option, it is not very durable. This is why tiles are a great choice.

Tiles are durable and affordable. And contrary to popular belief, tiling won’t blow your renovation budget out of the water. If you choose your tiles carefully, you can easily pull off a budget renovation that looks a million bucks.

To purchase high-quality tiles in Perth, visit Ross’s Discount Home Centre, where you’ll find a vast selection at the cheapest prices in town. We offer Perth’s largest selection of wall tiles, floor tiles, feature tiles, and mosaic tiles.

For your investment property, consider the timber look tiles. These tiles mimic the look and feel of natural wood while offering all the benefits of tiles. Best of all, they start from as low as $55 per square metre, so you don’t have to worry about blowing your renovation budget. If you’re looking to save some money, check out our guide on how to lay floor tiles to save yourself thousands in tiler costs.

Replace your fixtures

Finally, replacing old and weary fixtures can help add both functionality and style to your investment property. By updating fixtures such as toilet suites, tapware, and shower heads, you can make your bathroom or kitchen much more functional without spending too much money.

At Ross’s Discount Home Centre, you’ll find a full range of high-quality, stylish tapware, toilet suites, and other fittings and accessories. Take a look at our new range of matte black tapware. Matte black is a colour that is trending currently, and it will help you to create a fashionable and up-to-date look instantly.

Conclusion:

If you’re aiming to achieve a budget-friendly renovation on your investment property, focus on strategic upgrades that boost both appeal and value. Targeted improvements—like updating the bathroom vanity, upgrading kitchen cabinetry, refreshing flooring, and replacing outdated fixtures—can substantially increase a property’s value while avoiding overcapitalising on your investment property.

For all your budget renovation needs in Perth, Ross’s Discount Home Centre offers an extensive range of quality, affordable products. Visit our online store to explore options that fit your budget and renovation goals. And if you’re looking for more guidance, check out our article on how to Follow These 10 Basic Rules to Renovate Like a Pro for expert tips on maximising results without overspending.