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An Extra Bedroom is Hot Property

By Matt Hurlston

More than a quarter of Australians agree an extra bedroom is on the top of their property wish list, according to data collected by Realestate.com.au.

If they were given a choice, over 25 per cent of Aussie homeowners would add a room to their property, which is great news for those with multi-bedroom Carnegie real estate on the market.

"Firstly, one of the key determinants in the valuation of property is the number of bedrooms; the more bedrooms, the higher the value," Investment specialist Peter Koulizos told realestate.com.au on January 27.

"Secondly, purchasers of property are also willing to pay more for a bedroom."

Mr Koulizos attributes this buyer intention to an owner-occupiers desire to live in a bigger house on a bigger property as these are "two of the prized attributes of a property".

Additionally, Mr Koulizos highlighted the benefit for investors planning to rent their real estate in Carnegie.

"Tenants will pay more in rent for a property with a greater number of bedrooms as there is more space," he said.

If you're planning to sell property in Carnegie this year, get in touch with real estate professional Matthew Hurlston at Ray White Carnegie for expert advice and guidance.

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