Locate a Showroom | Book a Showroom Tour

Mint KG
  • About
    • Why Mint?
    • Awards
    • Testimonials
    • Videos
  • Locations
    • Burnley Showroom
    • Burwood Showroom
    • Moonee Ponds Showroom
    • Richmond Showroom
  • Services
    • Kitchen Renovations
      • Kitchen Benchtops
      • Kitchen Cabinets
      • Kitchen Designer
      • Kitchen Styles
      • Kitchen Layouts
    • Bathroom Renovations
      • Bathroom Cabinets
      • Bathroom Designer
      • Bathroom Layouts
      • Bathroom Walls
    • Laundry Renovations
      • Laundry Designer
      • Laundry Cabinets
    • Wardrobe & Cabinetry
  • Gallery
  • Blog
  • Case Studies
    • Balwyn Kitchen
    • Brunswick Bathroom
    • Brunswick Kitchen
    • Essendon Master Ensuite
    • Essendon Kitchen
    • Mitcham Kitchen
    • Ivanhoe Kitchen
    • Ivanhoe Laundry
  • Contact
  • CALL 1300 767 611
  • About
    • Why Mint?
    • Awards
    • Testimonials
    • Videos
  • Locations
    • Burnley Showroom
    • Burwood Showroom
    • Moonee Ponds Showroom
    • Richmond Showroom
  • Services
    • Kitchen Renovations
      • Kitchen Benchtops
      • Kitchen Cabinets
      • Kitchen Designer
      • Kitchen Styles
      • Kitchen Layouts
    • Bathroom Renovations
      • Bathroom Cabinets
      • Bathroom Designer
      • Bathroom Layouts
      • Bathroom Walls
    • Laundry Renovations
      • Laundry Designer
      • Laundry Cabinets
    • Wardrobe & Cabinetry
  • Gallery
  • Blog
  • Case Studies
    • Balwyn Kitchen
    • Brunswick Bathroom
    • Brunswick Kitchen
    • Essendon Master Ensuite
    • Essendon Kitchen
    • Mitcham Kitchen
    • Ivanhoe Kitchen
    • Ivanhoe Laundry
  • Contact
  • CALL 1300 767 611
March 30, 2022 In Kitchens

Kitchen Renovations Rental Guide

Country Kitchen Renovation

Considering renovating the kitchen in your investment property? Before you do, have a read through our kitchen renovations rental property guide to ensure you get the most out of your investment.

Is a kitchen renovation worthwhile as an investor?

Wondering if renovating the kitchen in your investment property is worth it? There are several good reasons not to hold it off any longer…

Increases tenant appeal

Housing affordability has been a major issue in Melbourne for a while now—in fact, the price of a typical home in Melbourne has grown four times faster than wages over the last 40 years. 

While it’s not great news for renters trying to purchase their first home, it is good news for landlords. It means there are plenty of renters out there willing to pay a lot to live in a great property they feel comfortable in—but to be able to charge a premium price for your property, it needs to be as appealing as possible.

A kitchen renovation is one of the most effective ways to increase the appeal of your property. Not only is it typically a central feature of the home where tenants will cook, relax and entertain, but it also makes a real statement about the style and status of the people that live there.

Investing in a beautifully appointed new kitchen will help to create more competition among applicants, giving you a larger pool of tenants to choose from, allowing you to charge a premium price, and even helping you justify incremental rental increases.

Adds value to the property

A kitchen renovation is one of the best ways to increase the value of your property. Depending on the type of property, a kitchen renovation even has the potential to add up to $100,000 to the value of a property. 

While you may not have plans to sell the property anytime soon, it’s likely that the prospect of putting the property on the market will eventually roll around. When that time does arrive, you’ll want to have done everything you can to ensure you can achieve top dollar and generate the most out of your investment.

In the meantime, there’s also potential to use the additional equity generated from the property value increase that results from a kitchen renovation to finance other investment opportunities. 

Provides tax benefits

Making improvements or renovations to your investment property also allows you to tap into valuable capital works deductions come tax time. 

While the value of the deductions you can claim will depend on the type and total value of the renovations, it’s worthwhile having a chat with your accountant to see how you can benefit from renovating the kitchen in your rental property.

Modern Kitchen Renovation

Essential features of a rental property kitchen renovation

When renovating the kitchen in your rental property, there are a few features you don’t want to forget to include:

  • Loads of storage: A lack of storage is usually the number one bugbear for homeowners and renters alike. A kitchen renovation is your opportunity to address the problem once and for all by including plenty of cupboards, drawers and shelving where tenants can conveniently store everything away.
    • Durable materials: Damage can be a major concern for landlords renting out their property. Opting for high-quality, durable materials, fittings and fixtures that will stand up to whatever tenants throw at them will preserve your kitchen and ensure it remains beautiful and functional for many years to come.
  • Stylish finishes: Even though your tenants don’t own the property, it doesn’t mean they’re not house proud. Your tenants will value having a well-presented, stylish kitchen just as much as you would and it’s a sure-fire way to make your property more appealing and justify a higher rental price.

Planning and managing the kitchen renovation process

As an investor, you probably have enough on your plate and don’t want to dedicate the time and effort it takes to plan and manage the kitchen renovation process—that’s why you should entrust the experienced team at Mint Kitchens Group to manage the whole process for you.

We can recommend the optimal kitchen layout and design, suggest a range of stylish finish options, and take care of every stage of the renovation process for you so you can focus on other things. The result will be a premium quality kitchen that’s oozing with appeal and sure to attract the best quality tenants.

Find out more about our kitchen renovations, take a look at the quality of our work, or contact us to discuss your rental property kitchen renovation.

Spread the love

Related Articles

  • planning-a-kitchen-renovation-2022
    How To Plan A Kitchen Renovation In 2022
  • Kitchen-Cabinet-Img3
    Kitchen Trends 2022 – International Edition

Leave a Reply

  • Facebook Comments

CATEGORIES

  • Awards
  • Bathrooms
  • Case Study
  • Kitchens
  • Renovation Tips
  • Uncategorized

ARCHIVES

  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • March 2021
  • February 2021
  • January 2021
  • October 2020
  • September 2020
  • July 2020
  • May 2020
  • April 2020
  • March 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • February 2019
  • October 2018
Mint KG
  • About
  • Services
  • Testimonials
  • Gallery
  • Blog
  • Contact

Copyright ©2018 Mint Kitchen Group. All Rights Reserved.
Powered by Tondo.

2020
Winner 2020 HIA Western Victorian Kitchen of the Year
Winner 2020 HIA Western Victorian New Kitchen: over $50k
Winner 2020 HIA Western Victorian Kitchen Design
Winner 2020 HIA Victorian Kitchen Renovation: $30-50k
Winner 2020 HIA Western Victorian Bathroom of the Year
Winner 2020 HIA Western Victorian New Bathroom: over $30k
Winner 2020 HIA Western Victorian Bathroom Design
Winner 2020 HIA Western Victorian Laundry project
Finalist 2020 HIA Victorian Renovated Kitchen: over $100k
Finalist 2020 HIA Victorian Renovated Kitchen: $30-50k
Finalist 2020 HIA Victorian Renovated Kitchen: $30-50k
Finalist 2020 HIA Victorian Renovated Kitchen: over $100k
Finalist 2020 HIA Victorian Renovated Bathroom: up to $30k
Finalist 2020 HIA Victorian Renovated bathroom: $30-50k
Finalist 2020 HIA Victorian Renovated Bathroom Design
Finalist 2020 HIA Victorian Laundry Design
Finalist 2020 HIA Victorian New Bathroom: over $30k
________________________________________________________________
2019
Winner 2019 KBDI Victoria Kitchens Plus
Winner 2019 HIA Victoria Renovated Kitchen: $50k+
Winner 2019 HIA Victoria Renovated Bathroom: $30-50k
Finalist 2019 KBDI Victoria Best Small Kitchen
Finalist 2019 KBDI Victoria Best Large Kitchen
________________________________________________________________
2018
Winner 2018 HIA Victorian Kitchen Design
Winner 2018 HIA Victorian Renovated Bathroom: up to $30k
Winner 2018 HIA Victorian Renovated Kitchen: $30-50k
Winner 2018 HIA Victorian Renovated Kitchen: up to $30k
Finalist 2018 HIA Victorian Renovated Kitchen: over $50k
Finalist 2018 FIAA Victorian Best Kitchen Design: up to $35k
________________________________________________________________
2017
Winner 2017 CMDA Best Kitchen: over $50k (Design Category)
Winner 2017 HIA Victorian Renovated Bathroom: over $50k
Finalist 2017 HIA Victorian Renovated Kitchen: $30-$50k
Finalist 2017 HIA Victorian Bathroom Design
Finalist 2017 KBDI Victoria/Tasmania Best Small Kitchen
Finalist 2017 KBDI Victoria/Tasmania Best Medium Kitchen
Finalist 2017 KBDI Victorian Large Kitchen Design
Finalist 2017 FIAA Australian Best Kitchen: over $80k
Finalist 2017 CMDA Best Bathroom (Design Category)
Runner Up 2017 HIA Victorian Renovated Kitchen: over $50k
Runner Up 2017 HIA Victorian Renovated Bathroom: $30-50k
________________________________________________________________
2016
Winner 2016 HIA Victorian Renovated Kitchen: up to $50k
Winner 2016 KBDI Victoria/Tasmania Small Kitchen Design
Winner 2016 HIA Victorian Renovated Kitchen
Winner 2016 HIA Victorian Renovated Bathroom: $30-50k
________________________________________________________________
2015
Winner 2015 KBDI Victoria/Tasmania Best Medium Kitchen Design
Finalist 2015 KBDI Victoria/Tasmania Large bathroom
Finalist 2015 HIA Eastern Regional Bathroom
Finalist 2015 HIA Victorian Renovated Kitchen: over $50k
________________________________________________________________
2014
Finalist 2014 HIA Victorian Renovated Kitchen: $40-50k
Finalist 2014 HIA Victorian Renovated Kitchen: uo to$40k
Finalist 2014 HIA Victorian Eastern Regional
Finalist 2014 HIA Victorian Renovated Kitchen: up to $40k
Finalist 2014 KBDI Victoria/Tasmania Medium Kitchen Design
Finalist 2014 KBDI Victoria/Tasmania Medium Kitchen Design
Finalist 2014 KBDI Victoria/Tasmania Small Kitchen Design
Runner Up 2014 HIA Victorian Renovated Bathroom: up tp $30k
________________________________________________________________
2013
Winner 2013 HIA Victorian Best Kitchen Design
Winner 2013 HIA Victorian Renovated Kitchen: $40-60K
Winner 2013 KBDI Victoria/Tasmania Best Small Kitchen Design
Winner 2013 KBDI Victorian Medium Kitchen Design
Finalist 2013 KBDI Victoria/Tasmania Large Kitchen Design
Finalist 2013 KBDI Victoria/Tasmania Best Small Kitchen Design
Finalist 2013 KBDI Victorian Small Kitchen Design
Finalist 2013 CMDA Best Kitchen: over $40k
Special Commendation 2013 CMDA Best Kitchen: over $40k
________________________________________________________________
2012
Winner 2012 KBDI Victoria/Tasmania Best Medium Kitchen Design
Winner 2012 HIA Victorian Renovated Kitchen Project: $25-40k
Finalist 2012 HIA Victorian Renovated Kitchen Project: over $40k
Finalist 2012 KBDI Victoria/Tasmania Finalist Small Bathroom Design
Finalist 2012 HIA Victorian Outdoor Kitchen
Finalist 2012 HIA Victorian Renovated Kitchen: over $40k
Finalist 2012 KBDI Victorian Medium Kitchen Design
Runner Up 2012 HIA Victorian Outdoor Kitchen
________________________________________________________________
2011
Winner 2011 KBDI Best Small Kitchen Victoria
Winner 2011 HIA Victorian New Kitchen: $20-40k
Winner 2011 HIA Victorian Renovated Kitchen: over $40k
Winner 2011 HIA Victorian Laundry
Winner 2011 HIA Victorian Laundry Project of the Year
Winner 2011 HIA Victorian Renovated Bathroom: up to $25k
Finalist 2011 CMA Best Laundry
Finalist 2011 CMA Victoria Kitchen: $25-40k
Finalist 2011 CMA Victoria Kitchen: over $40k
Runner Up 2011 HIA Renovated Kitchen Project: $25-40k
Runner Up 2011 HIA Victorian Kitchen Design of the Year
________________________________________________________________
2010
Winner 2010 KBDI Best Small Kitchen Victoria
Winner 2010 HIA Victorian New Kitchen $20-40k
________________________________________________________________
2009
Winner 2009 KBDI Victorian Small Kitchen Design of the Year
________________________________________________________________
2008
Winner 2008 HIA Victorian Renovated Kitchen: up to $20k
Winner 2008 HIA Victorian Best Kitchen in an Apartment
Winner 2008 HIA Victorian Renovated Kitchen: over $30k
________________________________________________________________
2007
Winner 2007 HIA Victorian Best Kitchen Designer (Overall)
Winner 2007 HIA Victorian Best Kitchen Designer (Traditional)
Winner 2007 HIA Victorian special needs project
Runner up 2007 HIA Victorian Best Kitchen Designer (Modern)
Runner up 2007 HIA Victorian New Kitchen: $20k-$30k
________________________________________________________________
2005
Winner 2005 HIA Victorian Best Kitchen Designer (Overall)
Winner 2005 HIA Victorian Best Kitchen Designer (Traditional)
Winner 2005 HIA Victorian Renovated Kitchen: $15k-$25k