Renovating your home can be one of the most rewarding ways to boost both lifestyle and property value. But with rising costs in 2025, finding the funds to update your home isn’t always easy.
That’s where your home equity comes in. By tapping into the value you’ve already built in your property, you can finance renovations without relying on personal loans or credit cards. At Gardian Finance, we help homeowners across Mackay unlock equity in smart, sustainable ways.
🏡 What Is Home Equity?
Equity is the difference between your property’s current market value and the balance remaining on your mortgage.
For example:
Your home is valued at $600,000
Your mortgage balance is $350,000
Your equity is $250,000
Most lenders will allow you to access a portion of this equity (often up to 80% of your home’s value) to fund renovations.
🔨 Why Use Equity for Renovations?
Increase property value – A modern kitchen, bathroom upgrade, or outdoor area can add serious value.
Lifestyle improvements – Create a home that suits your family’s needs now and in the future.
Better borrowing terms – Equity loans usually offer lower interest rates compared to credit cards or personal loans.
Flexible options – You can draw equity as a lump sum, line of credit, or loan top-up.
Granny flat or dual living options for rental income
✅ Things to Consider Before Using Equity
Budget carefully: Renovation costs can blow out. Always add a buffer.
Avoid overcapitalising: Don’t spend more than the value you’ll gain.
Plan repayments: Ensure the increased loan fits comfortably within your budget.
Get professional advice: A broker can help structure your loan to suit both short-term affordability and long-term goals.
👋 How Gardian Finance Can Help
Our team can:
Assess how much usable equity you have
Compare lender options to find the right loan structure
Work with you to fund renovations without stretching your finances
Guide you on strategies to add value to your property while keeping costs manageable
Ready to Renovate?
If you’re planning a renovation in 2025, don’t leave your finances to chance. Gardian Finance can help you unlock your equity and turn your renovation goals into reality.
