Australians have a deep affinity for their gardens and it shows. In 2024, the Australian landscape support industry generated sales of around 7.8 billion US dollars.
This flowering sector reflects the increasing popularity of sustainable gardens and living spaces outdoors. From garden design and planting to the construction of retaining walls and outdoor characteristics, homeowners and real estate investors also recognize the value of improving the outdoor areas.
The renovation of the garden of a residential property can lead to 10 percent to the value of the property, with functions such as terraces, outer kitchens and lush green effects and improve marketability.
Renovation work outdoors are particularly attractive in Australia's warm climate, where flexible layouts for eating, relaxation and activities match the national lifestyle.
Interactive spaces for family meetings, play areas and even fitness zones can further improve the use and enjoyment of common outdoor areas.
Functional outdoor spaces
One of the most effective trends for the renovation of garden is the creation of outdoor rooms, in which it is shown to find areas for eating, lounging and entertainment rooms.
These rooms increase gardens beyond mere aesthetics and offer functional extensions of the house.
Wooden decks, pergolas, paved courtyards and well -placed seating areas contribute to a polished, coherent aesthetics.
For evening use, solar-powered or LED lights along the paths and garden beds improve safety and the ambience and create an inviting atmosphere.
A new fence or natural screens such as hedges or bamboo can improve privacy and at the same time define the property limits.
These functions not only increase the benefits of outdoor spaces, but also offer tenants and buyers with extremely desirable facilities.
Reliable gardens for sustainability
Australia's unique climate and biodiversity demand gardens that can withstand hard conditions. Dürretolant plants, synthetic lawns and gravel paths are popular options for low -maintenance, visually appealing landscapes.
Adding elements such as shadow networks or protected garden beds can help to thrive in extreme weather.
Landscapes with local plants, water features and sustainable designs improve biological diversity, reduce the energy costs and attract environmentally conscious buyers or tenants.
Rainwater tanks and composting continue to support the environmentally conscious life and correctly in harmony with Australia's water protection initiatives.
Smart Gardening with technology
Since the technology continues to integrate into everyday life, intelligent garden systems change outdoor areas.
App-controlled irrigation systems, programmable timers and rain or soil sensors help real estate owners and tenants to maintain lush gardens with minimal effort.
Automatic irrigation systems that adapt the irrigation plans based on weather conditions save water and keep the plants healthy.
The smart garden technology also includes energy-efficient functions such as solar lighting, which reduces electricity costs and improves the usability of the garden after dark.
For real estate investors, these innovations can address technically experienced tenants and buyers who are looking for modern amenities.
Garden design for well -being
The biophilic design includes natural elements to promote spiritual and physical well -being, which is a growing design trend in Australian gardens.
The inclusion of all five senses create biophilic gardens immersive experiences that reduce stress and improve the connection to nature.
Features such as green walls, water features and sensory plants are particularly effective in urban areas.
Creation of edible landscapes through the combination of decorative and food-producing plants, feed in the sustainable life trend, offer practical advantages and improve well-being.
These gardens also support a healthy lifestyle and contribute to a feeling of performance and mindfulness.
Maximizing garden renovations for real estate investors
Real estate investors should concentrate on tenant needs, the selection of low maintenance and long -term durability when upgrading or renovating outdoor spaces.
Simple but versatile designs to which tenants can adapt to their lifestyle are very appealing, while the use of weather -resistant materials minimizes the maintenance costs and ensures that the garden remains more of a asset than liability.
Functional rooms such as kitchens outdoors, shady dining areas and multi -purpose zones are appealing for tenants, while durable materials such as weatherproof decks, synthetic lawn and robust lighting bodies are easy to wait.
The cost of a garden renovation vary greatly from the scope of work. Smaller projects such as plants and mulches are relatively inexpensive, while extensive upgrades and renovations such as paving, external structures and the installation of lighting and technology require a significant financial investment.
However, garden renovations offer more than aesthetic and functional advantages. You can also offer significant tax advantages for real estate investors. Through the tax depreciation, investors can claim deductions for wearing qualified assets over time, including outdoor improvements.
It is important to note that not all garden renovations and landscapes are qualified for depreciation and that there are different differences in the way “hard” and “soft” landscape design is treated for depreciation purposes.
'Soft' landscape design includes elements such as grass, trees, plants and soil that are not justified for depreciation.
'Hard' landscaping refers to structural components or hard surface of the farm, which can have a depreciation value. Depending on the classification, these can be asserted by capital work or devaluation of the plant and equipment.
Structural improvements such as the retaining walls, the cocking, paving, the pergolas and the fences qualify for deductions in department 43 (Capital Works) with a rate of 2.5 percent per year over 40 years. Division 40 (systems and equipment) assets such as irrigation systems and pool pumps can be entitled to an immediate or accelerated depreciation.
These deductions not only reduce the tax liabilities, but also improve the rental competitions and the market value of the property.