Determining whether a pool adds value to a Melbourne property is nuanced, and depends heavily on location, the pool’s condition, and current market preferences. As of December 2025, it’s not a universally positive factor, unlike some other capital cities.
Currently in Melbourne, particularly within the Eastern Suburbs – Fletchers’ core area – buyers often consider pool maintenance a commitment. While a well-maintained, modern pool can be an asset during the warmer months, it doesn’t automatically translate to a higher sale price. In 2026, we’re seeing buyers favour properties with low-maintenance gardens. A neglected or outdated pool can even detract from value, potentially costing more to rectify than the added benefit it provides. The typical cost to update an older pool to current safety standards is between $8,000 – $20,000. During the sales process, Fletchers agents will assess buyer demographics in your specific suburb; areas with larger blocks and family-oriented buyers generally see more positive impact from a pool. Marketing campaigns will emphasise the pool if it’s a clear benefit to the target buyer, but we also prepare sellers for the possibility it won’t significantly influence the final price. Property appraisals will factor in the pool’s condition and local demand.
Ultimately, a pool’s impact on value is situational, and a thorough market assessment is crucial when preparing to sell your Melbourne home.