logo
The driveway could be your home's ultimate selling point that you're overlooking

The driveway could be your home's ultimate selling point that you're overlooking

News.com.au29-05-2025
As interest rates begin to fall, many homeowners are rushing to put their properties on the market. However, there's one often-overlooked feature that could make or break your sale.
While it may seem like nothing more than a road to your garage, your driveway can actually have a significant impact on the first impression homebuyers have on your property, according to Realtor.
And first impressions mean a lot!
Your driveway could actually sell your house faster
A thoughtfully designed and well-maintained driveway can make a huge impact on a homebuyers perception of a home – and even how quickly it sells.
'Buyers make snap judgments on a home the moment they pull up to it, and the driveway is one of the first things they see,' says real estate expert Daniel Blake.
A driveway made of interlocking stoke pavers or decorative stamped concrete, for example, instantly adds luxury and craftsmanship.
The condition of a driveway can also be a deal maker or breaker. Cracks, oil stains and weeds growing through the pavement may all give the impression of neglect.
'I've shown buyers beautiful homes where they hesitated because the driveway looked like it needed to be replaced,' Blake notes.
'Conversely, a freshly sealed, asphalt driveway or a newly power-washed paver surface says the home has been well taken care of and often translates to peace of mind for the buyer.'
Lastly, functionality matters.
For example, a driveway that connects to a two-or three-car garage – especially with a side entry – adds value and visual appeal.
'Buyers with children usually look for driveways that allow for safe play areas. And families with dogs love when the driveway provides easy access to a fenced backyard,' says Blake.
Some homes even have a gated driveway, which adds an extra layer of privacy and security – a huge selling point for high-end buyers.
Types of driveways and their benefits
Driveways are not created equal, and each one has its own unique advantages. Some examples of driveways on residential properties include:
Straight
A straight driveway is the most traditional style and works well for home with narrower lots. It's typically found in planned suburban communities or starter neighbourhoods.
'Simple, cheap, and easy to shovel,' says real estate agent Andrew Fortune.
Curved
A cured driveway wads a nice visual element and is often seen in custom homes or Craftsman, Tudor or French country-style homes, where the architectural character is complemented by the soft bend of the driveway.
'A curved design also increases privacy and provides a more dynamic approach to the front entry, which many buyer appreciate,' Blake explains.
Circular
Circular driveways are great for estates or older homes with charm with many buyers looking for a driveway that means they don't have to back out of one.
Horseshoe
While they're similar to circular driveways, horseshoe driveways are a better option for those who want extra parking space.
'A horseshoe driveway is good for homes with lots of visitors because it has two entry and exit points,' Fortune points out.
Y-Shaped
Y-shaped driveways are less common but are often found in homes built on irregularly shaped or sloped lots, especially in rural or wooded areas.
'They offer flexibility for turning vehicles around or separating access points – like one branch leading to a garage, or the other to a worship or quest quarters,' says Blake.
S-Shaped
An S-shaped driveway has a very elegant, estatelike feel. This style is poplar in Mediterranean plantation or upscale modern farmhouse-style homes.
'it creates a scene of grandeur that sticks out in buyers' mind,' explains Blake.
Semicircle
Semicircle driveways are a good compromise for medium-sized lots and often pair well with ranch-style or single-storey homes. They're more common in older neighbourhoods.
'Semicircle driveways give a classic look and allow for smooth exits,' says Fortune.
Double
A double driveway, which is wide enough to park two cars side-by-side, is becoming a standard expectation for many buyers today.
It adds flexibility for homeowners who may have multiple vehicles, boats, motorcycles or even a home-based business that requires extra parking.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Paddington terrace purchased for $115,000 in 2000 expected sell for more than $10 million
Paddington terrace purchased for $115,000 in 2000 expected sell for more than $10 million

News.com.au

time6 hours ago

  • News.com.au

Paddington terrace purchased for $115,000 in 2000 expected sell for more than $10 million

An attached Sydney terrace which last changed hands at the turn of the century for just $115,000 has gone on the market with an eye-watering price guide of $10 million. The five-bedroom, four-bathroom property at 46 Gordon Street in the sought-after suburb Paddington is located a stone's throw from Centennial Park and Paddington Public School on the Moore Park Road side of Oxford Street. Sitting on 246 square metres, the home is in a row of closely held 1890s terraces, one of which was previously owned by Midnight Oil frontman Peter Garrett. The former Labor MP might be kicking himself over his decision to flip number 50 in 2018 for $5.25 million — a record for the street at the time — after snapping it up for $2.7 million three years earlier. 50 Gordon Street sold again earlier this year for $10.2 million. 'It's known as one of the most popular rows of terraces in Paddington,' said Maclay Longhurst from Sotheby's International Realty Double Bay. 'Currently we've got a buyer's guide on ours at $10 million with hopes to better the sale two doors down.' Despite the eight-figure price tag, Mr Longhurst said it was far from the most expensive terrace he had seen. 'There's been quite a few other sales that have ranged between $12-15 million for various terraces, but it's a very popular row,' he said. 'Our guide is in line with [other] sales.' The architect-designed, luxury three-level residence is listed for auction on Saturday September 13. Mr Longhurst said he already had four buyers with contracts 'currently considering'. 'We don't have expectations pre-auction or auction yet,' he said. 'Number 50 sold within two weeks pre-auction and was also very popular when we listed.' The home has been 'completely rebuilt' by the owners, who are described as a 'very, very private'. 'It's got a double-car garage at the rear, self-contained studio above and they've created a really beautiful, chic, alfresco living space that has a plunge pool,' Mr Longhurst said. The listing has caused a stir on social media. 'Project Zimbabwe well underway in Sydney!' NSW Young Nationals vice president Samuel Barry wrote on X. '10 million dollars for a TERRACE! An attached TERRACE! Australia, what are we doing?!?' Another user wrote, 'Housing price appreciation. The sickness that has destroyed Australia.' Paddington's median house price has increased 13.4 per cent over the past year to $3.6 million, according to PropTrack, and is up from $2.4 million in August 2020. The median price for a four-bedroom house is $5 million. Nationally home prices hit a record high of $827,000 in July, rising 0.3 per cent over the month to reach 4.9 per cent year-on-year growth, according to PropTrack. Prices have risen more than 50 per cent in five years. All capital cities except Canberra saw monthly and annual growth in July, with every city except Melbourne, Canberra and Hobart hitting new price records. The median dwelling price in Sydney is now $1.194 million. 'The median value of a house is now sitting at $915,000 nationally, with units at $678,000,' REA Group senior economist Anne Flaherty said earlier this month. 'Despite the Reserve Bank's surprise decision to keep interest rates on hold in July, prices rose in all cities bar Canberra. Yet the pace of growth did slow down in July, resulting in the smallest monthly growth seen this year.' Ms Flaherty said prices were expected to break further records later this year following more anticipated rate cuts. At its August meeting, the RBA delivered a widely expected 25 basis point cut, bringing the cash rate to 3.6 per cent. AMP is tipping three more rate cuts in November, February and May, bringing the cash rate to 2.85 per cent. 'Australian home prices have started an upswing on the back of lower interest rates,' AMP chief economist Shane Oliver said in a client note. 'But it's likely to be modest initially with poor affordability and only gradual rate cuts constraining buyers. We see home prices rising around 6 per cent this year.'

Gingham & Heels founder sells reno project in Vaucluse
Gingham & Heels founder sells reno project in Vaucluse

News.com.au

time6 hours ago

  • News.com.au

Gingham & Heels founder sells reno project in Vaucluse

Work was already underway on Gingham & Heels founder Katherine Tzakonas's renovation project, but now it's sold for a whopping $9.25m. Tzakonas, who started her women's fashion brand and online retailer, also referred to as G&H, in 2003 after sales of her trendy gear at various Sydney markets, including Bondi, Glebe and Paddington took off. She and hubby Bayden Mangakahia bought the five-bedroom home at 128 Hopetoun Ave, Vaucluse with three bathrooms and double garage for $3.7m a decade ago. With the couple now deciding to move on rather than finish the job off, it was listed in the hope of finding a 'visionary buyer' and it recently sold via Ray White Double Bay's Alan Fettes for the gobsmacking price. The buyer was no doubt attracted to the home, described as a 'head start on renovations or a fantastic knockdown rebuild opportunity' by the potential of the 850sqm site, which offers harbour and district outlooks. With that sale under his belt, Fettes promptly listed and sold the six-bedroom home with pool on an 807sqm block at 108 Hopetoun Ave for about $10m. Its owners, the Nicholas family who run a winery at Orange, were overjoyed. The home was once owned by the late celebrated author Bryce Courtenay. Fettes is now feeling optimistic ahead of spring, having just picked up his third listing in the street, a four-bedroom home at No. 102 Hopetoun Ave, owned by Chris and Lisa Woodley. That, too comes with a pool.

Dominique Grubisa withdraws caveat on QLD home
Dominique Grubisa withdraws caveat on QLD home

News.com.au

time11 hours ago

  • News.com.au

Dominique Grubisa withdraws caveat on QLD home

The caveat of bankrupt property spruiker Dominique Grubisa on a $995,000 Trinity Beach, Queensland apartment has been withdrawn. Her beneficial co-interest, with her sister via a 2005 family trust, did not get a mention on her recent statement of affairs, but her trustee Michael Jones is aware of the 2016 caveat. The beachfront abode, which is under offer, was bought by an aunt in 2012 for $440,000. Earlier this month, Grubisa went into voluntary bankruptcy. Grubisa blamed it on 'unemployment, marriage/relationship breakdown, business failure and legal action'. Her current bank balance is $73, with no assets other than $5000 in jewellery. Grubisa's statement of affairs advises she owns no property in NSW, nor car, super, shares, bitcoin or betting account. Wedgewood Lodge, her former luxury Bobbin Head Rd, North Turramurra trophy home, was sold in 2023 for $5.28m, with Grubisa advising that all the proceeds went to ex-husband Kevin as part of a matrimonial settlement. She is living rent-free at an undisclosed location, noting it was not with a spouse, parents or other family member. The director of the DG Institute wealth through property seminar program sought to keep her occupation suppressed in the statement of affairs submitted to trustee Michael Jones. She advised debts totalling $3.44m, with the Australian Competition and Consumer Commission (ACCC) being owed $1.95m. Last December, the Federal Court of Australia full court dismissed Grubisa's appeal against the ACCC case that found her DG Institute made false or misleading representations to consumers in the promotion and sale of education programs called Real Estate Rescue (RER) and Master Wealth Control (MWC) between 2017 and 2022. More than 3000 consumers paid between $4500 and $9200 to enrol. Grubisa had appealed against the $1m penalty that she was ordered to pay, which was accompanied by being disqualified from managing a corporation for five years. The court ordered Grubisa to pay the ACCC's costs. Her conduct was 'deliberate and dishonest', Federal Court Justice Ian Jackman found in 2024.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store