Houses Needing Renovation For Sale

Houses Needing Renovation For Sale in Australia

Renovating houses and flipping them for a profit is one of the most common ways of making money in real estate. The aim of the game here is to buy low, renovate cheap, add value, and sell high. Renovating is a surefire way of manufacturing capital growth, especially in in-demand residential areas. The first step is finding quality renovation houses for sale.

The REDA platform crawls Australia’s biggest and best real estate websites and extracts the most lucrative listings based on our unique search parameters. The result is a fully searchable database of Australia's best redecoration house listings.

Sign up to REDA for a completely free 30-day trial you’ll get immediate access to the latest renovation property listings, as well as comprehensive listings for a range of other under-market and off-market real estate deals. Whether you’re looking for old, damaged or outdated houses in need of redecoration, REDA can help you find the best properties to renovate and sell. Sign up for our free trial today.

Why Buy Renovation Houses?

If a house requires a lot of work to get it up to sellable condition, a homeowner may choose to put it on the market at a lower cost rather than going to the effort and expense of fixing it up and selling it for its actual value. This saves the homeowner time, effort and money while also allowing keen investors and renovators to snap up a bargain.

Distressed houses and deceased estates can also have significant redecoration potential if you find the right deal.

Regarding redevelopment properties, we recommend spending 5% of the purchase price on a light cosmetic redecoration. That level of improvement should generate enough capital growth to allow you to flip the property and make a profit.

Alternatively, you can invest in a renovation and keep the property as a rental, generating a better rental yield than would’ve been possible prior to the redevelopment.

Investing in redevelopment houses can be a little more labour intensive than other forms of property investing. If you’re planning on doing a substantial portion of the renovations yourself, you will need a lot of spare time and the experience and expertise to carry out the work. If you’re planning to get builders and tradespeople in to do the work, you need the industry connections to ensure a cheap renovation that will enable you to maximise your profit.

Despite these challenges, buying and flipping redevelopment properties remains one of the most accessible and lucrative real estate opportunities for investors at any level.

Rural Property Land For Sale in Australia

When investing in rural property, a lot of people don’t look past the value of structure. However, finding cheap rural land for sale can be an often overlooked investment strategy. Rural property deals can be a lucrative opportunity. Rural property for sale  deals will generally offer cheap rural land  for sale, with the structures often in less than stellar condition. In these cases, you are essentially buying for the value of the land. Any existing structure is just a bonus.

The REDA platform digs through Australia’s largest real estate websites and extracts the rural property listings  deals with lots of rural properties fors sale with the greatest investment potential. You’ll find all the listings ready to browse and filter according to your location, budget, and other factors. And REDA is constantly updated with the latest real estate deals. Subscribe now for a free 30-day trial that unlocks all the features and enables you to browse our full range of real estate deals.

How To Find Rural Properties For Sale 

Rural property for sale deals offer a range of opportunities for savvy real estate investors. Purchasing rural land can be a solid long-term capital growth strategy if you buy in an area where land values are expected to appreciate. In this case, it’s simply a matter of holding onto the land until the area reaches its full potential and then selling it for a profit.

Rural property for sale deals also present a great opportunity for renovation profits. If you purchase a property for the value of the land, you can look to renovate or upgrade the existing structure. With a smart renovation, you can increase the value of the property and generate significant profits that way. 

High-end land value properties also represent great opportunities for generating wealth. Typically, owners of these types of properties in high-end areas would rather sell than do the work required to fix up the property. In these cases, you can buy in these areas for the land value potential, invest money in fixing up the existing property and turn a nice profit. 

Sign Up To Reda Today

To start browsing our comprehensive redevelopment property listings, sign up today for a free 30-day trial. You’ll get immediate access to all our premium features, including our complete database of under-market value and off-market real estate listings, our expert property investment resources, and more. You can also call our team to learn more about how our platform can help you find the perfect investment property for your portfolio.