A fresh coat of paint can significantly impact your rental property's appeal and rental income. This guide helps Melbourne landlords and property managers make smart painting decisions that maximise returns.
Benefits of Painting Rental Properties
- Higher rent: Well-presented properties command premium rent
- Faster tenanting: Fresh paint attracts tenants quickly
- Better tenants: Quality presentation attracts quality tenants
- Lower vacancy: Maintained properties have less turnover
- Tax deduction: Painting is often a deductible expense
When to Paint Your Rental
Between Tenancies
- Ideal time for complete repaints
- No disruption to tenants
- Present property at its best for viewings
- Address all wear and tear
During Tenancies
- Only for urgent repairs (water damage, mould)
- Requires tenant agreement
- Coordinate around tenant schedule
Signs Your Rental Needs Painting
- Scuff marks and wear in high-traffic areas
- Dated colours that put off potential tenants
- Stains that won't clean off
- Previous tenant's colour choices
- 5+ years since last paint
Best Colours for Rental Properties
Recommended
- Warm white: Appeal to most tenants
- Soft grey: Modern and sophisticated
- Off-white: Classic and timeless
- Light neutral tones: Make spaces feel larger
Avoid
- Bold or bright colours
- Dark colours in small spaces
- Trendy colours that date quickly
- Pure white (shows marks easily)
Paint Selection for Rentals
Durability is Key
- Finish: Satin or low-sheen (washable)
- Quality: Mid-range minimum (Dulux Wash & Wear or similar)
- Semi-gloss: For trim, doors, high-traffic areas
Cost vs Quality Balance
Cheap paint is false economy:
- Needs repainting sooner
- Harder to clean and maintain
- Quality mid-range paint lasts 7-10 years
Rental Painting Costs Melbourne
Budget estimates for rental property painting:
- 1-bedroom unit: $1,500-$2,500
- 2-bedroom unit: $2,500-$4,000
- 3-bedroom house: $3,500-$6,000
- Touch-up between tenants: $500-$1,500
Tax Considerations
Consult your accountant, but generally:
- Repairs (like-for-like): Immediately deductible
- Improvements (upgrades): Claimed over time (depreciation)
- Initial painting (new purchase): Usually capital
Tenant-Caused Damage
- Document condition at entry with photos
- Include paint condition in condition report
- Normal wear and tear is landlord's responsibility
- Excessive damage can be claimed from bond
Maximising ROI on Rental Painting
- Time it right: Paint before advertising for new tenants
- Focus on impact: Prioritise visible areas
- Consider partial repaints: High-wear areas only if budget-limited
- Get multiple quotes: Compare value, not just price
Need Your Rental Property Painted?
Modernize Solutions offers efficient rental property painting with fast turnaround to minimise vacancy. Contact us for a competitive quote.
Get a Free Quote Call 0451 040 396