Do Pools Pay Off in the Long-Term?
Canberra has certainly turned up the heat this week, and with limited public pool access, many homeowners are considering adding a pool at home. But in today’s market, does a pool always add value to a property?
There is no denying the appeal of a swimming pool during Canberra’s increasingly hot summers. As warmer days become more common, many homeowners see a pool as both a lifestyle upgrade and a potential selling point.
Appeal vs Practicality
Industry estimates continue to suggest that a pool can add tens of thousands of dollars to a home’s perceived value, and when designed well, it can draw more buyers seeking an outdoor focused lifestyle.
However, this depends heavily on how well the pool suits the property and the expectations of local buyers. In today’s market, value is no longer just about the feature itself but about how practical and efficient it is to own.
Downsizers, first home buyers and investors may see a pool as unnecessary upkeep or a future expense they would rather avoid, especially on smaller blocks where it can dominate the yard and reduce usable space for entertaining, pets or gardens.
Rising Costs and Considerations
The initial cost of installing a pool has increased in recent years due to higher construction, labour and material prices. A quality installation can easily exceed $40,000 for a small pool, particularly once fencing, landscaping and safety compliance are included.
Ongoing costs have also become more significant, with electricity, water and maintenance expenses front of mind for many buyers. A pool that appears expensive to maintain may reduce buyer interest rather than enhance it.
Insurance and safety compliance are also cause for stronger consideration.
Pool fencing standards, liability concerns and child safety requirements can make some buyers hesitant, particularly downsizers or investors looking for low maintenance properties.
Ask Yourself These Questions
Before deciding to install or retain a pool, property owners should consider:
- Are pools common and well received in your suburb?
- Does your likely buyer value lifestyle features or low maintenance living?
- Is the pool modern, compliant and cost effective to run?
- Will the cost be reflected in buyer demand or sale price?
A pool can still add value to a home, but it is no longer a guaranteed return. In today’s market, thoughtful design, efficiency and buyer alignment matter more than ever.
If you are unsure whether a swimming pool will add value to your property in today’s conditions, professional advice is essential. Our team can assess your home, your suburb and current buyer expectations to help you make a confident and informed decision.
