A well-designed garden can transform a property. But beyond aesthetics, does landscaping actually impact house prices? The short answer is yes, and often significantly so.
Research consistently shows that landscaping can increase property values, says Gerry Boerlage, founder of FormBoss, an Australian manufacturer of flexible garden edging.
Although the numbers vary, most would accept that landscaping and a well-maintained garden can add 20% or more to a home's overall value. One landscaper based in Bondi told Domain that “good landscaping can increase the value of a home by 15-20% and, perhaps by 25%.”
With average house prices hovering around $1m, that is a lot of value.
But this isn't just about having a neat lawn. It's about creating an outdoor space that extends the living area of the home.
Key Landscaping Elements That Add Value
Mature Trees: Large, healthy trees can add between 3% and 15% to a home's value. They provide shade, improve air quality, and create a sense of established beauty.
Outdoor Living Spaces: Patios, decks, and outdoor kitchens can recoup 80-100% of their cost at sale time. These areas effectively increase the usable square footage of a home.
Low-Maintenance Designs: Busy homeowners both young and old appreciate landscapes that look great without requiring constant upkeep.
Water Features: A well-designed water feature can add a sense of tranquillity and luxury to a property. Studies suggest they can increase home value significantly, especially when incorporated in a design.
Native Plants: Using native plants not only supports local ecosystems but also tends to be more low-maintenance and drought-resistant, appealing to environmentally conscious buyers.
Considerations for Australian Homeowners
When planning landscaping improvements, consider the following:
Climate: Choose plants and design elements suitable for your local climate. In drought-prone areas, water-wise landscaping can be particularly valuable.
Local Trends: Research what types of outdoor spaces are most valued in your area. In some regions, native gardens might be highly prized, while in others, entertainment areas might be the key selling point.
Quality Materials: Invest in high-quality, durable materials for hardscaping elements.
Professional Design: Consider hiring a professional landscape designer. Their expertise can help you maximise the impact and value of your investment.