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RENO ADDICT Styling

The power of property styling: North Bondi case study

An Art Deco block in iconic North Bondi has sold well above price expectations after the apartments were impeccably styled by the team at Bowerbird Interiors.

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“We had hundreds of people through the property,” said developer Scott Lockwood from Platinum Strata Consultants who purchased the federation apartments for around $4 million and completed cosmetic renovations before listing the apartments. “We thought we’d make somewhere in the vicinity of $500,000-to-$1 million on it. It got a little bit over $6.3 million and we are ecstatic.”

Bowerbird is part of a new generation of property stylists offering a more personalised service and contemporary, on-trend interiors that are tailored to the individual property. “I’ve used other companies previously, unfortunately with their stylists they were set in the way they wanted to do things and also their furnishings were probably from three to 10 years old. I wanted someone fresh.”

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The Bowerbird team drew inspiration from both the period features and the beachside surroundings to create a relaxed and eclectic sanctuary. “We needed to make sure that we demonstrated the property in the best possible way, which included a relaxed, beachside feel and some statement pieces like the large statement artwork in the kitchen,” said Geoff Lewis, managing director who runs the home staging business with wife Lauren.

They also dressed the sunroom as an additional living space and created an eat-in kitchen to increase the properties’ appeal. “Styling creates warmth in a space that will connect with your potential buyers. Our goal is to help clients achieve a massive return through creating beautifully styled spaces,” said Geoff.

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This case study is far from a standalone – since starting the business three years ago, Geoff says Bowerbird has styled close to 1,000 properties, with 95% achieving a successful return on investment.  “We understand the target market – the potential buyers. This results in a quick sale for a higher price.”

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Find out more about the North Bondi apartments and Bowerbird Interiors here.

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Expert Tips RENO ADDICT Styling

What real estate agents look for in a property stylist

If you could do only one thing to make your place more appealing to buyers it would be to hire a property stylist. Property stylists, sometimes called home stagers, are professionals who, through clever use of furniture and accessories like artwork and lighting, make your place more attractive to buyers through aesthetics and ambience.

Image courtesy of Bowerbird Interiors
Image courtesy of Bowerbird Interiors

Here are five things to consider when hiring one, based on what we do:

1. Experience and expertise

Look for stylists who have an interior design background and a track record of consistent delivery. They should also have at least a few years of experience working in real estate. A lot of stylists come from an editorial background, working on photoshoots for magazines and are not always the best choice to help you sell your place.

Experienced stylists should examine your property and also ask about the type of buyers you’re expecting as this will give them a starting point for the kind of transformation they will make.

2. Match the stylist to the property

All professional stylists will have a portfolio. Take some time to look at the stylist’s previous work to see whether their design and style would suit your property. A high-end property, for example, will need someone who can do luxury looks.

While the aim of hiring a property stylist is to neutralise a space so that buyers can visualise its potential, be careful of stylists who use too much white and make the property look bland. Your place should invite buyers to project their own vision on it but also show a little personality of its own.

Image courtesy of Bowerbird Interiors
Image courtesy of Bowerbird Interiors

3. Compare quotes

We usually ask at least two stylists to quote for a job, which makes them more competitive.

For the inner-city Sydney market, prices sit around:

  • 1-bedroom apartment: $2,500
  • 2-bedroom apartment: $3,500
  • 3-bedroom apartment: $4,500-5,000

However, the cost will vary depending on the condition and size of your property and also the availability of property stylists in your area.

Consider this cost as an investment. If the styling attracts even one more buyer than the property would have had if left unstyled, then the price tag is worth it. At auction, one more prospective buyer will easily pay back the stylist’s fee.

4. Prepare your property

The most helpful renos you can do to support a property stylist’s work is to paint the walls a neutral colour and replace any worn carpet. While the stylist will bring in their own furniture to help freshen up the place, nice furniture can’t hide walls that are too distinctive (or unattractive) or ugly floors.

Your property also needs to be empty before the stylist can transform it.

Image courtesy of Bowerbird Interiors
Image courtesy of Bowerbird Interiors

5. Leave enough time

Stylists need at least a week’s lead time to source the right furniture and accessories, and installation will generally take between a few hours to a day, depending on the size of your property. The more time you can give the stylist the better; very busy stylists will work on several properties at once and a longer lead time may mean you can secure better furniture and accessories for your property.

Real estate is all about a feeling and styling is the ideal way to create that emotional connection between a property and a prospective buyer. It is well worth the time, money and effort to have your place styled, so take this advice into consideration when you’re next looking to sell.

Mark Foy is one of our resident experts and a director of Belle Property Surry Hills in Sydney.

Read all Mark’s articles