Selling a home in Melbourne can feel challenging when trying to be different from everyone else. One way to get the attention that your house deserves is home staging. Many are confused regarding the actual cost of staging and how other factors impact the ultimate price.
Don’t worry we’ve got you covered here.
In this article, we break down everything you need to know about home staging costs in Melbourne. From the basics of pricing to the factors that influence it, let’s explain it all so that you can decide whether the staging of your home could be the right choice for you.
If you’re looking for ideas to make your property truly shine, check out our guide on Home Staging Techniques to Wow Buyers. This article provides practical tips to create a lasting impression on potential buyers.
What Factors Influence the Cost of Home Staging in Melbourne?
Home staging costs vary based on several factors, some of which may include the size of your home or the scope of staging. Below are some significant elements that can affect the cost of staging a house in Melbourne.
Home Size | Size Matters: Smaller homes (1-2 bedrooms) are cheaper to stage than larger ones. Less Furniture: Staging a compact space requires fewer furniture pieces and decor, reducing costs. |
Furniture and Decor Selection | Furniture Choice: The cost depends on the type of furniture used. High-end furniture makes staging more expensive. Budget-friendly furniture keeps costs lower. |
Service Level | Service Levels: Staging services range from basic furniture rental to full design and styling. Comprehensive Packages: Full-service staging with designers, custom furniture, and styling costs more. |
Location and Market Conditions | Location Matters: Staging costs are higher in popular areas like Melbourne CBD and wealthy suburbs. Competitive Markets: In high-demand areas, staging is more expensive due to increased competition. Less Competitive Areas: Staging costs are lower in quieter or less popular suburbs. |
Home Staging Cost in Melbourne – A Breakdown
Home staging for homes can cost anywhere from $1,500 to $4,500, depending on the abovementioned factors. Let’s break it down further:
Typical Home Staging Costs in Melbourne
Home staging for 2 bedrooms typically ranges from $2500 to $5500, depending on several factors.
The cost of home staging for a 3-bedroom home varies from $3500 to $7500, depending on several factors.
Additional Home Staging Costs to Consider
Styling and Decoration
- Some staging companies have styling in their package, and others charge for these separately.
Photography
- Professional photography at high resolution is usually in a package deal, but can add another $200-$500 to the deal if not.
Unsure which option suits your property?
Contact us to discuss your staging needs!
Differences Between Apartment and House Home Staging
The differences between apartment and house staging are simple and based on size, layout, and the lifestyle of potential buyers. Here is a simple and concise breakdown:
Apartment vs House Staging
- Apartment: Smaller spaces with open layouts. Furniture is arranged to make the area look bigger and more functional.
- House: Larger spaces with distinct rooms. Each room’s purpose is highlighted, like a living room, home office, or garden.
- Apartment: Suitable for young professionals, singles, or seniors. Modern and minimalist style fits well.
- House: Families or those who require a greater area are attracted to the same. Warm, functional styles are usually family-friendly with their added touches.
- Apartment: Cozy, friendly appeal is given to even small areas like balconies or terraces.
- House: Bigger outdoor space such as gardens or yards is given emphasis, staged with furniture and greenery.
- Apartment: Makes use of smarter storage, such as shelves or under-bed boxes to tackle the small space.
- House: Is able to display more areas to store things, like a closet, garage, or basement with organized spaciousness.
- Apartment: Makes use of artificial lighting and mirrors to help brighten up less-lighted areas.
- House: Utilizes large windows for an open, airy sensation.
- Apartment: Takes a little less time and cost, since it is a lot smaller.
- House: Takes more time and money to stage each room and outdoor area effectively.
Home Staging Costs vs Potential Benefits: Is It Worth It?
Investing in home staging for your home in Melbourne can be a significant expense, but it often results in a higher sale price and a quicker sale. Here’s why:
Quicker Sales
- Staged homes tend to sell faster than unstaged ones. According to the Real Estate Institute of Victoria (REIV), staged homes in Melbourne have been proven to sell up to 30% faster than unstaged properties.
Higher Sale Price
- A National Association of Realtors report showed that staged houses could sell for 10 percent more than unstaged ones. For instance, if your home was valued at $500,000, staging may increase its price to sell at $50,000 or more.
Statistics in Real Estate:
- 75% of the buyers claim they would like to make an offer for a professionally staged home.
- 50% of buyers said that staging helps them to imagine themselves living in the space.
These statistics indicate that staging might be a sign of a worthwhile investment.
How to Stage Your Home in Melbourne for Less?
If you have a little budget, there are ways for you to keep home staging prices manageable while still getting nice results:
DIY vs. Hiring a Professional for Home Staging
Cost-Effective: DIY staging is usually cheaper because you are not paying for professional design services or expensive furniture rentals. This placement ensures the link is contextually relevant and enhances the reader’s experience.
DIY Home Staging:
Personal Control
- With DIY staging, you can control how your home is presented. You can choose the style and colors that reflect your taste and adjust as needed.
Cost-Effective
- DIY staging is often the more affordable because you’re not paying for professional design services or expensive furniture rentals. You can use your furniture or purchase budget-friendly decor to freshen up the space.
Time-Consuming
- Staging your home yourself takes a lot of time. You must pick the right furniture, arrange everything properly, and ensure the space invites potential buyers. You might also have to rent or buy furniture, which may take time to find.
Limited Experience
- You might have a keen sense of design, but the skills necessary to appeal to potential buyers are professional in nature. An untrained DIYer can’t complete a job as precisely or attractively as a professional can.
Learn more how to stage your home on a budget with practical DIY tips for a high-impact presentation.
Hiring a Professional Home Staging Company
Expertise and Experience: Professional stagers are trained interior designers and know what works best for attracting buyers to their homes. They understand how to highlight the best features that will appeal to a variety of buyers.
Quicker Results
- A professional staging company can stage a place quickly because they have the resources, furniture, and knowledge to do the job quickly. That way, your home will be on the market sooner.
More expensive
- Hiring an experienced staging service is considered expensive, especially if you request a full-service package that includes rented furniture, decor, and design. Still, the difference may be worth it at a higher upfront cost if it results in a faster sale and at a higher sale price.
Increased Appeal
- Professionally staged homes sell faster and at a higher price because they look more polished and well-maintained. Professional stagers know how to make the best of your home’s layout, lighting, and furniture to create an inviting environment for buyers.
Need Guidance?
Whether you prefer hiring a pro, we’re here to help. Contact us for expert help today!
Contact UsConclusion
Home staging is a vital resource for homeowners who need to sell their property quickly at a better price in the Melbourne market. Although the costs may range from $1,500 to $7,500 depending on house size, furniture choice, and area, the benefits often make it worth the initial expense. Staged homes sell up to 30% faster and can increase the sale price by 5% to 10%, making it a worthwhile consideration for many sellers.
For those with a tighter budget, DIY staging is an inexpensive way to use your creativity and resources. Professional stagers, however, will save you time and have it polished and ready to show potential buyers, usually generating more interest from buyers and better offers.
Whichever route you decide to stage your home on, either alone or through a professional, is one that aligns best with your goals, time frame, and budget. Investing in staging is more than making your home beautiful. It’s creating a space in which a buyer can see themselves living there, an emotional connection that makes the difference.
FAQs
Which Option Is Best for You?
- Go DIY if you’re on a tight budget, have some design sense, and are willing to invest the time to arrange furniture and decor effectively.
- Hire a Professional if you want the best chance of maximizing your home’s sale potential and are willing to invest in professional services for a faster and potentially higher return on investment.
Ultimately, the decision of doing it yourself or hiring a professional is based on one’s goals, the state of your home, and even the real estate market. It’s worth it to save some money and spend some more time in staging if your objective is to sell cheap and fast. If your objectives are quick sales with much higher offers, then the above may be a great decision for you.
How do you hire a property stylist or home staging expert?
Percentage Chance of Selling Your Home Faster in Melbourne with Staging
Up to 30% chance of sales faster than unstaged ones. This is because staging helps potential buyers better envision themselves in the space, making the home more appealing.
How much percentage is there a chance to increase the house price after stagging?
5 to 10% chance of increasing house value after staging.