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Thanks everyone. Just to clarify, property A is an investment property. Property B would also be an investment property. So the proposed works are to increase equity in the investment property. Does that make the decision easier??? Thanks everyone for your feedback.

Yes, but say i increase property A in value by 25%, then the property and the addition 25% will increase with market forces. I can also then churn this equity into property B. Still confused!

I have looked at it from both the above perspectives and cannot work out longer term what is the most effective method for long term wealth creation? I am leaning towards doing the work, and using the equity for the next property.

Hi all, Just wanted to get some advice. I own a terrace in Sydney that has scope for a significant extension, that would had a fair amount of equity to the property. I am looking at spending approx $50k and doing most of the work myself (i am an owner builder). Perhaps increasing the value...