What Value Does a Swimming Pool Add

Residential property values can shift when buyer priorities change. Right now, lifestyle features such as swimming pools are back in focus.

Ray White data shows that over the past 12 months, 70.5 pools were listed per 1,000 properties nationally, up from 54 in late 2022 and approaching the 2019 peak of 81.

In Melbourne, pools remain relatively uncommon, appearing in just 2.6% of listings over the past year. That scarcity means their value impact is highly location-dependent. In Nilumbik, where larger allotments and lifestyle housing are more prevalent, a well-designed pool can align with buyer expectations and support stronger pricing at the upper end of the market. By contrast, in Merri-bek, where density is higher and blocks are generally smaller, the same feature may enhance presentation but deliver limited uplift relative to core land value.

Median house prices as at December 2025 remain primarily driven by location, land size and dwelling quality. As aspirational features return to prominence, separating lifestyle appeal from recoverable market value becomes increasingly important when assessing lending security, insurance exposure or potential recovery outcomes.

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Clear, independent valuation advice is essential when discretionary features begin influencing buyer behaviour and pricing outcomes. To obtain evidence-based assessments tailored to assets in Nilumbik, Merri-bek and surrounding councils, call Mason’s Valuation Office on 0417 741 481 or visit https://propertyvaluation.melbourne/about-us/#contact