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  • Real estate property value has surged over the last decade, with Australia’s national median home value growing by 48%.
  • Modern kitchen renovations and eco-friendly upgrades, as well as complying with local zoning rules and fire safety standards, help maintain and increase your property’s value.
  • Getting accurate valuations and staying ahead of the property market cycles can help you make smarter decisions on whether to sell, renovate, or hold.

Real estate property value may be one of the top things we worry (or feel excited) about when thinking about our biggest investment. And if you’ve owned a home or any commercial property for a while or you’re planning to jump in, you’ve likely seen how much property values have shifted over the years. 

The changes from quarter to quarter might seem minor, but once you zoom out a decade, you’ll see a huge long-term growth, even in suburbs that used to fly under the radar.

Which brings up two big questions:

  • How do you protect your property’s value so it holds up, maybe even until retirement?
  • And what can you actually do to maintain (or boost) your real estate property value?

Let’s unpack that, starting with what’s happening in today’s market.

real estate property value

A quick overview of Australia’s real estate property values

Residential real estate property value

If you’ve been keeping an eye on the housing market, you might have seen things are changing, especially across Australia’s capital cities.

According to the June 2025 Monthly Housing Chart Pack by Cotality (formerly CoreLogic), real estate property value growth across capitals is starting to even out. In fact, the difference between the fastest-growing capital cities (Adelaide and Perth) and the slowest (Melbourne) has narrowed to just 9.8 percentage points, the smallest gap since March 2021. That’s a huge change from August last year, when the difference peaked at 26.1 percentage points.

So, how’s Sydney doing in all this?

  • Sydney’s home values rose 0.5% in May, bringing its quarterly and annual growth to 1.1%, which is a sign of slow and steady improvement.
  • The city’s median property value also reached $1,194,709, the highest of all capitals, and about $370,000 higher than the national median of $825,349 (CoreLogic Hedonic Home Value Index, May 2025).
  • Over the past five years, Sydney’s median home values are up by nearly 35% from $885,159 in June 2020 (CoreLogic Hedonic Home Value Index, June 2020). While the national home values have grown by 48%, rising from $557,818 to $825,349, thanks to the regional and metro gains.

Overall, Australia’s residential real estate market continues to show strength, and the pace has become more balanced.

Commercial and industrial real estate property value

Commercial and industrial properties also play a big role in building long-term wealth.

Here’s what’s shaping the commercial property outlook in Australia right now:

  • Industrial real estate continues to outperform. According to the Property Council of Australia Property Value Sentiment Index (March 2025), industrial assets posted the highest capital growth index at 20.9, well above office (5.2) and retail (6.9). This highlights the strong demand for logistics hubs, warehouses, and industrial estates, especially in e-commerce-driven regions.
  • Western Sydney suburbs are benefitting from metro infrastructure projects. The ongoing expansion of Sydney’s Metro network is also driving up capital values in connected suburbs leading to improved public transport, increased density, and better amenities (2025 Pacific Market Outlook).
  • Commercial property values remain strong. The commercial real estate market in Australia was valued at $34.11 billion in 2024 and is expected to reach $37.04 billion trillion this year (Expert Market Research, 2025).
  • Retail and office sectors are also showing some optimism. While they’re not growing as fast as industrial, both retail and office property values are expected to see some improvements over the next 12 months. The shift toward sustainable buildings and co-working spaces is also creating new demand, especially in metro centres (Statista Research Department, 2025).

Whether you’re an investor or business owner, staying across these shifts helps you protect and grow your commercial real estate property value.

real estate property value buildings

How to protect and maintain your real estate property value over time

Real estate property values naturally vary with the market, but there are smart steps you can take to help protect (and even grow) that value over the long run.

Let’s look at seven practical strategies that can help you stay ahead.

1. Understand what drives real estate property value

Before you can protect your property’s worth, it’s important to understand what actually influences it.

Here are the key drivers of real estate property value:

  • Market demand: Properties in high-demand areas tend to grow in value faster and have more stable growth. For instance, if there’s more demand for industrial properties in cities than supply, naturally, prices will go up.
  • Location: Proximity to schools, transport, shops, parks, or the CBD can make a big difference to your property’s long-term appeal and resale potential.
  • Condition and age of the property: Well-maintained homes with modern features are generally more appealing to buyers and valuers, attracting higher offers. While outdated kitchens or neglected repairs can drag your real estate property value down.
  • Infrastructure and developments nearby: Upcoming development projects like new train lines, hospitals, or shopping centres can boost your real estate property value. For example, during Sydney’s Metro Northwest Line (SMNL) expansion, residential prices rose 0.037% for every 1% reduction in the distance to the nearest metro station (Chen, et. al. 2019).
  • Zoning and land use regulations: Knowing what your land is zoned for helps you make better decisions on what upgrades you’re allowed to do, and how your land can be used down the track.

The better you understand what drives value in your area, the better equipped you’ll be to protect and grow your investment.

2. Stay on top of inspections and preventive maintenance

One of the smartest ways to protect your real estate property value, both for residential or commercial, is by staying proactive with regular inspections and timely maintenance.

Think of it this way: catching a minor roof leak early can save you from thousands of dollars in water damage repairs later. The same goes for issues like plumbing leaks, faulty wiring, or even pest infestations. These seemingly small problems, when left unchecked, can have a huge impact on your real estate property values over time.

For homeowners, this might mean:

  • Roof inspections to check for wear and tear, especially before storm season. According to NSW Fair Trading, property owners are legally required to keep their property in a reasonable state of repair.
  • Plumbing and electrical check-ups to catch leaks or fire hazards before they escalate.
  • Pest control every 6–12 months, particularly in termite-prone areas like Sydney and parts of Regional NSW. Termite damage alone costs Australians over $1.5 billion annually (Staunton, 2012 cited by Hassan and Nanda, 2024).

For commercial properties, inspections can include:

  • HVAC servicing and fire safety system checks, to retain tenants and for compliance.
  • Structural assessments for wear and integrity, especially in older buildings.

By keeping a regular maintenance schedule, you not only preserve your property’s liveability and compliance, you also strengthen its long-term market value. Whether it’s your own home or a portfolio of commercial real estate properties, these small, consistent efforts can help safeguard your investment.

real estate property value_modern kitchen

3. Make smart, high-return upgrades

Not every renovation will give you a solid return, so better focus on upgrades with a clear return of investment (ROI).

  • Kitchen and bathroom renovations offer some of the best returns. For example, upgrading to a modern, functional kitchen or revamping your bathroom can increase your home’s value by 3% to 5%.
  • For commercial spaces, external appeal matters. Simple improvements like a clean façade, refreshed signage, upgraded lighting, or tidier landscaping can help attract quality tenants and boost rental yields.
  • Secondary homes like granny flats can grow your property’s long-term value. A 2023 CoreLogic report found that adding a granny flat can increase property value by up to 32%, especially in high-demand suburbs.
  • Sustainable upgrades like having solar panels, water-saving fixtures, and improving insulation, attract more modern buyers or eco-conscious renters. As of 2024, 4 million Aussie homes already have a rooftop solar (Clean Energy Regulator).

4. Know the local regulations and comply with them

Protecting your real estate property value isn’t just about appearance or upgrades, it’s also about following the rules and making sure everything’s done properly.

  • Understanding your local council’s zoning rules, building codes, and compliance standards can save you from costly legal issues down the line. Whether you own a home or a commercial space, it pays to stay informed.
  • If you own commercial or industrial real estate, the bar is even higher. Your property’s long-term value depends on more than just location, it’s also about how well it’s managed.
  • Start by choosing reliable, financially sound tenants who match your property’s intended use. Good lease agreements are key. So make sure they’re up-to-date and clearly outline who’s responsible for maintenance, repairs, and compliance.
  • Stay on top of legal obligations like fire safety inspections, accessibility requirements, and energy efficiency standards. These aren’t just compliance checkboxes, they also help preserve your asset’s value and make it more attractive to long-term tenants.
  • Well-maintained common areas and a proactive approach to property management can increase your property’s rental appeal.

By staying compliant and managing your asset with care, you’ll not only protect your commercial real estate property value, you’ll also strengthen it over time.

5. Monitor your property’s income and expenses

Keeping your property in good shape is one thing, but knowing how it’s performing financially is just as important. If you want to protect your real estate property value over time, it pays to stay across your income and expenses.

When you’re managing a rental property or a commercial space, staying on top of your income and expenses helps you:

  • Identify cash flow trends – Keeping an eye on income lets you spot problems early. For example, regularly check if your rental returns are steady, improving, or dropping.
  • Track maintenance and repair costs – Unexpected expenses can eat into your profit. A clear record helps you plan better and avoid overspending.
  • Keep financial records for tax and compliance – You’ll need detailed records for your accountant, especially if you’re claiming deductions or facing an audit.
  • Understand your net operating income (NOI) – Especially important in commercial real estate, your NOI helps determine the overall performance and valuation of your asset.

A well-managed property is a more valuable property. Staying financially informed helps you make smarter decisions that protect and even grow your real estate property value over time.

real estate property value_property valuations

6. Keep accurate records and property valuations

Staying on top of your paperwork might not sound exciting, but it’s one of the smartest ways to protect your real estate property value.

Here’s why it matters:

  • Property values change over time, so regular valuations help you stay updated with current market conditions.
  • You’ll need a reliable valuation for things like capital gains tax when it’s time to sell.
  • The Australian Taxation Office (ATO) recommends keeping detailed records of property-related transactions, improvements, and valuations to avoid any issues down the line.
  • An independent, certified valuation gives you peace of mind. Whether it’s for a residential, commercial, or industrial property, a professional assessment ensures you’re making informed decisions especially in an ever-changing market.

Keeping clear records and staying updated on your property’s true worth isn’t just good admin, it’s smart protection for your long-term investment.

7. Stay ahead of market cycles and timing

Finally, knowing when to sell, renovate, or simply hold onto your property can make a big difference in how much real estate property value you gain over time.

Here’s how to stay one step ahead:

  • Australia’s property market moves in cycles. Factors like market data, inflation, population growth, and housing demand all play a role in how fast (or slow) your property grows in value.
  • Understanding the bigger picture helps you time your decisions (if you’re planning to renovate, refinance, or sell) more strategically.
  • Working with professional property valuers or property advisors can give you clarity on where the market is heading, and how to position your property for long-term success.

Being informed means you’re not reacting to the market; you’re moving with it.

Final Thoughts

Whether it’s a family home or a commercial building, your real estate property value is one of your biggest assets. With the right mix of maintenance, smart upgrades, financial oversight, and compliance, you can protect and even grow your real estate’s worth over time.

Wondering where your property stands in today’s market?

Get in touch with us and we’ll walk you through it. So, you can protect your investment and start planning smarter.