Understanding Property Features: What Makes a Home Truly Valuable?

When assessing a property, there’s more to consider than just land size and location. The structure, design, and overall usability of a home play a major role in its livability and long-term value. Here’s a breakdown of the key factors that determine whether a home is a smart investment or a potential money pit.

Floor Area: Size Matters – But So Does Layout

The internal floor space of a property dictates how functional and comfortable it feels. Typical sizes for different property types include:

  • Modern family homes: 150-200 sqm

  • Townhouses: 100-150 sqm

  • Apartments: 70-100 sqm

However, it’s not just about total square meters—it’s about how the space is used. An open, well-designed layout with natural flow will always feel more spacious than a poorly planned home with wasted space.

Year Built: Age vs. Longevity

A property's age gives insight into its structural integrity and future maintenance needs. Traditionally, buildings have had a lifespan of 40-50 years before becoming structurally or functionally obsolete. However, this varies greatly depending on build quality.

  • Older homes (100+ years) often require ongoing maintenance but can retain character and charm.

  • Homes 20-50 years old may need cosmetic updates (especially kitchens and bathrooms) but are often still structurally sound.

  • Newer homes (0-20 years) tend to require less maintenance but should be checked for build quality, as not all modern materials age well.

As a rule of thumb, expect to renovate wet areas (bathrooms, kitchens, and laundries) every 20-25 years for both functionality and aesthetics.

Build Type: What’s It Made Of?

Australian homes are constructed from a variety of materials, each with its own pros and cons:

  • Brick & Concrete – Strong, low-maintenance, and durable against the elements. Ideal for longevity.

  • Timber – Common in Queenslanders and post-war homes, timber can last for decades but requires more upkeep (e.g., repainting, termite protection).

  • Stone – Highly durable but expensive to construct and maintain.

  • Lightweight Cladding – Increasingly used in modern builds to improve efficiency and reduce costs but may not have the same longevity as traditional materials.

Condition: How Well Has It Been Maintained?

A home’s condition goes beyond aesthetics—it’s about structural soundness and functionality. Key areas to assess include:

✔ Roof integrity
✔ Flooring and wall condition
✔ Kitchen and bathroom wear and tear
✔ Common areas (for townhouses/apartments)

A well-maintained home can save you thousands in repairs down the line.

Design: The Difference Between a Home and a House

Good design enhances both comfort and resale value. The best properties typically feature:

✅ Multiple aspects and plenty of natural light
✅ High ceilings for a sense of space
✅ Open-plan kitchen/dining/lounge leading to outdoor entertaining
✅ Well-separated bedrooms, ideally 3x3m or larger
✅ A master suite with a walk-in robe (WIR) and ensuite

A well-thought-out design isn’t just about aesthetics—it directly impacts how livable a home feels.

Living Areas: More Than Just Bedrooms and Bathrooms

While property listings highlight the number of bedrooms, bathrooms, and car spaces, they often don’t mention living areas. This is important because:

  • A dining room adjoining a lounge room is usually counted as one living area.

  • Modern homes increasingly feature separate media or family rooms, which families love for extra privacy and separation.

  • More living spaces allow for better zoning between adults and children (or just between adults!).

Final Thoughts

A property is more than just bricks and mortar—it’s about how well it’s built, designed, and maintained. Whether you’re buying for investment or lifestyle, understanding these factors ensures you choose a home that will hold value and serve you well for years to come.