{"id":21000,"date":"2018-05-03T01:00:41","date_gmt":"2018-05-02T15:00:41","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=21000"},"modified":"2018-05-03T01:00:41","modified_gmt":"2018-05-02T15:00:41","slug":"how-much-will-a-bedroom-add-value-to-a-home","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/how-much-will-a-bedroom-add-value-to-a-home\/","title":{"rendered":"How much will a bedroom add value to a home?"},"content":{"rendered":"

As the number of bedrooms in a home increases, so too does its value. This may seem fairly obvious, but the other question you may be asking is, does your location factor into this? The short answer is, yes!<\/p>\n

Will a\u00a0bedroom add value to a home?<\/strong><\/h2>\n

We\u2019ve knuckled down the numbers\u00a0and compiled a list of the\u00a0median value of homes in your suburb,\u00a0based on the number of bedrooms the home has.\u00a0 So if you are looking to renovate, are hunting for a new home or just curious to know will a bedroom add value to a home, you\u2019ve come to the right place.\u00a0There will always be variants and risks when it comes to adding a bedroom such as blow-out costs, and it can be difficult to assess exactly what type of gains your could expect. However, this guide can work as a great starting point in your research.
\nCheck out the tables below to view the home values in your suburb.\u00a0Don\u2019t forget to\u00a0check the property value of\u00a0your own home\u00a0via View\u2019s\u00a0Property 360<\/a>\u00a0tool as well!
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Victoria<\/h2>\n
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<\/div>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Suburb<\/th>\nPostcode<\/th>\nOverall Median Price<\/th>\nMedian Price
\n(2 bed)<\/th>\n		Median Price
\n(3 bed)<\/th>\n		Median Price
\n(4 bed)<\/th>\n<\/tr>\n<\/thead>\n
Melbourne<\/td>\n3000<\/td>\n$1,190,000<\/td>\n$1,190,000<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
East Melbourne<\/td>\n3002<\/td>\n$4,212,500<\/td>\n<\/td>\n$2,850,000<\/td>\n$4,275,000<\/td>\n<\/tr>\n
West Melbourne<\/td>\n3003<\/td>\n$1,541,250<\/td>\n$970,000<\/td>\n$1,470,000<\/td>\n$1,717,500<\/td>\n<\/tr>\n
Melbourne<\/td>\n3004<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Southbank<\/td>\n3006<\/td>\n$367,000<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Docklands<\/td>\n3008<\/td>\n$630,000<\/td>\n$630,000<\/td>\n<\/td>\n$5,680,000<\/td>\n<\/tr>\n
Seddon<\/td>\n3011<\/td>\n$990,000<\/td>\n$905,000<\/td>\n$960,000<\/td>\n$1,350,000<\/td>\n<\/tr>\n
Footscray<\/td>\n3011<\/td>\n$945,000<\/td>\n$885,000<\/td>\n$942,500<\/td>\n$1,222,000<\/td>\n<\/tr>\n
Kingsville<\/td>\n3012<\/td>\n$1,090,000<\/td>\n$860,000<\/td>\n$1,093,000<\/td>\n$1,205,000<\/td>\n<\/tr>\n
Brooklyn<\/td>\n3012<\/td>\n$834,000<\/td>\n$1,005,000<\/td>\n$820,000<\/td>\n$955,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
<\/div>\n<\/div>\n

New South Wales<\/h2>\n
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