How renovating in the right suburb can more than double the value of your home

Add as a preferred source on GoogleA family of five bought in one of Brisbane’s most undervalued markets just before the start of the Covid-19 pandemic – and after six years and a renovation, it’s estimated to have more than doubled in value. Scott and Michelle Menzies snagged the property at 4 Gleneagles CT, Sunnybank, for $930,000 in 2019, seeking a home in their price range to fit their three kids. The Menzies family bought a home in one of Brisbane’s most undervalued markets six years ago, and its value has now more than doubled. Picture: Lyndon Mechielsen/Courier Mail “It was a big house,” Mr Menzies said. “I think you’re getting a lot of value with what the suburb provides. “It’s not the only large block in Sunnybank – there are a lot of large homes – but it’s also close to a lot of really good infrastructure, transport, hospitals. There’s a lot of really good value for money.” Data analysis from Suburb Trends has found Sunnybank as one of the city’s most undervalued suburbs when compared to some of its neighbours. The home at 4 Gleneagles Ct, Sunnybank, was where the Menzies family spent their pandemic years, and they grew close to the growing community as they renovated the...