How much do you think the budget was?

Property ObserverDecember 7, 2020

This poll of the day will help test your knowledge of overcapitalising.

Brianna O'Neil from Styled by Hibernate details a one-bedroom, one-bathroom flat on Clarke Street in Northcote.

Purchased in 2008 for $220,000, and then after a full renovation, sold at auction in 2012 for $335,000, we're asking you to have a look over the photos and tell us how much you think O'Neil spent on the renovations.

Here's what our readers guessed the budget was:

poll-results-pct-8

The correct answer was $35,000.


Original living area

 1

 2

Living area after renovation

- polished concrete throughout from Lumic

- Blinds throughout from Spotlight

 3

 4

 5

Kitchen after renovation

- polished concrete throughout from Lumic

- Blinds throughout from Spotlight

- Kitchen from Freedom inc caesarstone bench tops and glass splash backs.

- Appliances from Good Guys and Appliances Online

 6

 7

 8

9

Original carpet kept

Blinds from Spotlight

Wallpaper from UK Wallpaper

 10

 11

 12

13

Bathroom from Renovative

14

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