When you're stepping over toys, squeezing into a shared bathroom, or running your business from the kitchen bench, it might be time for a bigger place.
Buying a bigger house isn't just about adding space. It's about making room for what matters: growing families, evolving lifestyles, and even a bit of breathing room.
Whether there's a baby on the way, teenagers eating you out of the house and home, or grandparents moving in, your next move could unlock more than just floor space. It could unlock equity, long-term value, and the chance to finally find your "forever home."
This family-focused guide leverages insights from Aussie's award-winning brokers and buyer’s agents who specialise in helping Australian families find and finance a larger home that fits their evolving needs, from more bedrooms and study areas to spacious backyards for growing kids.
Is it the right time to upsize?
If your hallway is a racetrack, your laundry doubles as storage and the bathroom queue starts before sunrise, it might be time to rethink your space. But beyond the daily chaos, a bigger question lingers: Should I buy a bigger home? Let's break it down.
Australia's housing market has been shifting.
After a long stretch of interest rate hikes, things are finally easing. Some lenders are already passing on savings, and economists predict more stable conditions. That could mean stronger borrowing power for many families, especially if you've built up equity in your current home.
But don't wait too long. Data shows that demand still outpaces supply in many family-friendly areas, especially those near schools, transport and green space. That means competition is high, but so is long-term value. And timing the buy-sell puzzle perfectly? It's tricky but not impossible.
So, what are the possible signs you're ready to upsize?
You're growing your family. Maybe you've got a baby on the way, or the cot's already squeezed in beside your desk. It might be time to make space.
Work-from-home is your new normal. If you've claimed the dining table long-term, an extra room or home office could be a game-changer.
Teenagers, noise, and no personal space. Upsizing to a larger home can restore some household calm, whether it's a second living area, a backyard upgrade, or just more breathing room.
You're thinking about the future. That could mean space for the in-laws, zoning for high schools, or using your equity to buy smarter now.
The takeaway? There's no perfect time, just the right time for you. If your current home is no longer working (and hasn't for a while), that's your sign.
Should I sell or rent out my current home?
When you're buying a bigger house, one of the biggest decisions is what to do with your current place. Should you sell it and use the equity towards your next home? Or should you hold onto it as an investment and rent it out? There's no one-size-fits-all answer.
But weighing the pros and cons and determining what's right for your situation can help you make a confident decision. Selling your home before you buy your next one can:
Unlock your equity upfront, giving you a clear budget for your next purchase.
Simplify your loan application with fewer debts for lenders to consider.
Lower the pressure, especially if you're not keen on juggling two mortgages at once.
The trade-off? If the timing between sale and settlement isn't seamless, you might need to arrange temporary accommodation.
On the contrary, turning your current home into an investment property can be a smart way to grow your financial position, especially if you can earn regular rental income, the property has good potential for long-term capital growth, or you want to start (or keep) building a property portfolio without needing a second deposit.
But being a landlord isn't just set-and-forget. You should check that the rent covers the mortgage plus costs like maintenance, insurance, property management, and the time it sits vacant. And remember, holding onto your current loan could impact your borrowing power for the next one.
If you're thinking of renting your home out, make sure you understand:
Capital Gains Tax (CGT) could apply down the track
The main residence exemption no longer applies once it becomes an investment
Negative gearing may work in your favour if your property expenses exceed rental income
Stamp duty concessions on your next home could change if you already own one
Everyone's situation is different, so a conversation with a qualified tax adviser is key.
The takeaway? Selling gives you clarity and momentum. Renting out could build long-term wealth. The best option? It's the one that supports your goals and makes your next move possible without unnecessary stress.
How can I find the right bigger property?
Buying a bigger house isn't just about adding bedrooms; it's about finding a home that fits the life you're building. A place that works for you today and flexes with you tomorrow.
Remember, location counts, not just the floor plan. When your family grows, your neighbourhood becomes part of the package. You're not just buying a house; you're choosing a community.
So, many Aussie families prioritise:
School zones: Whether it's early learning or high school, being in the right catchment can make all the difference—bonus points for walkability.
Commute and transport: That dream backyard doesn't mean much if you're stuck in traffic for hours. Train lines, bike paths and local bus routes all count.
Lifestyle perks: Think parks, playgrounds, local shops, medical centres, cafés and weekend activities; it's about finding a suburb that supports your rhythm.
More space doesn't also have to mean more land. Here's how different options stack up depending on your budget and lifestyle. Houses offer the most room and renovation flexibility but usually incur higher upfront and ongoing costs.
Townhouses provide multi-level living, a bit of yard, and less maintenance, making them ideal for growing families who want space and simplicity. Apartments with three bedrooms (or more) can be a great solution in metro areas where location matters most and land takes a back seat.
When choosing the right property, consider body corporate fees, future renovation plans, privacy, noise, and shared walls. The takeaway? The right upsized home isn't just bigger; it's smarter. It meets your needs now while setting you up for what's next.
Market trends: Upsizing across Australian cities in 2025
Buying a bigger family home comes with additional upfront costs you'll want to plan for. We've broken down the typical costs involved in upsizing, from median house price differences and stamp duty to moving expenses and potential renovation costs. Here's a snapshot comparing these crucial expenses across Australia's major cities so you can budget and move forward confidently.
City | Median 3-Bed House Price | Median 4+ Bed House Price | Stamp Duty Estimate1 | Moving Costs2 | Renovation Costs3 |
|---|---|---|---|---|---|
Sydney | ~$65,000 | $1,500–$2,500 | $250K–$450K | ||
Melbourne | ~$55,000 | $1,200–$2,000 | $200K–$400K | ||
Brisbane | ~$30,000 | $1,000–$1,800 | $180K–$350K | ||
Adelaide | ~$45,000 | $900–$1,500 | $150K–$300K | ||
Perth | ~$40,000 | $1,000–$1,800 | $150K–$300K | ||
Hobart | ~$30,000 | $800–$1,200 | $120K–$250K | ||
Canberra | ~$50,000 | $1,200–$2,000 | $200K–$400K |
What should I look for in a family-friendly upsize?
Upsizing to a larger home isn't just about extra square metres. For growing families, the right home needs to support your lifestyle today and flex with you for years to come. Here's what to look for.
Bedrooms that do more. Think beyond how many people are in the house now. Will the kids need their own space as they get older? What about guests? A study? Sleepovers?
Look for homes with flexible layouts: second living rooms, rumpus areas, or converted garages, which can double as toy zones now and teen retreats later. And don't underestimate the power of space separation. Parents and kids both need their corners to breathe.
Proximity to schools, childcare, and support. Being close to a good school is a game-changer. It can simplify your mornings and add long-term value if you sell down the line. Also, consider early learning, after-school care, and nearby playgroups, especially if you have little ones.
And parks within walking distance? Gold for pram-friendly strolls and post-dinner scooter runs.
A neighbourhood that has your back. Safety matters, but so does the community. Look for signs of a connected suburb; consider local events, family-friendly cafes, libraries, and active community groups—bonus points for suburbs with swim schools, weekend sports, and a great local market.
A yard that works for real life. You don't need acres; just something flat, fenced and usable. A decent outdoor space makes life easier for kids, pets, and busy parents. Less time packing the car for outings; more time outside with less stress.
Room to grow. Even if you're not planning to renovate right away, it helps to choose a home with potential. Can you extend it later? Add a granny flat? Open up the layout when your budget allows? That flexibility can turn your next move into your last one for a long time.
Don't trade location for lifestyle. That dream home loses its shine if you spend two hours a day commuting. Think about proximity to public transport and main roads and how often you'll use the space during the week. A WFH-friendly layout can be just as valuable as an extra bedroom.
Remember, the perfect family upsize isn't just a bigger home; it's a better one. A place that fits your life now gives you room to grow and keeps your daily routine running smoothly.
Upsizing isn't just about gaining square metres; it's a chance to set your family up for the long haul. In 2025, that means thinking beyond bedrooms and backyards. Today's buyers are choosing smarter, more sustainable homes and ready to adapt as life changes.
Here's how we're seeing more Aussie families future-proof their next move.
Smart tech that cuts costs (and stress). Yes, a bigger home can come with bigger bills, but smart home tech can help you stay in control. Families go for smart lighting, and thermostats adjust automatically to your schedule so you don't have to heat an empty house or leave lights on all day.
Solar panels and battery systems also make the most of your new roof space, and government incentives make installation more affordable than ever. Controlling these tech and smart home integrations might not come easy. However, energy monitoring apps let you track your usage in real-time and pinpoint where to save straight from your phone.
More buyers find that energy-efficient homes can be more attractive to the market and lenders.
Tech that works with family life. Smart doesn't just mean energy savings. It also means making everyday routines easier. This can be video doorbells and smart locks that let you see who's knocking and let family in, even when you're out. Or voice assistants help with everything from lighting to setting reminders for school pickups or sports drop-offs.
Remote work-ready zones are also now a must. Think of reliable Wi-Fi, good lighting, and quiet spaces that double as home offices or homework stations.
When planning your next home, think beyond today's to-do list. Remember, the right features can make your bigger home smarter, not just larger.
Assessing your family's needs, budget, and borrowing power
Before the Saturday open homes and backyard dreams begin, it's worth pausing to clarify what your family needs and what you can comfortably afford. Buying a bigger house is a big step. The best moves happen when you take a moment to align your wish list with your wallet.
First, ask yourself: How much space do I need? Bigger isn't always better, especially if it stretches your finances thin. Start with your non-negotiables. How many bedrooms do you need now and in a few years? Is a second living area a must, or just nice to have? What about a home office?
It's easy to fall for the fourth bedroom or dream kitchen. But if a second bathroom will save your mornings, focus there. Understanding what's essential (versus just exciting) can help you stay within budget and avoid overextending.
After determining your family's needs, it's time to check your borrowing power. Your borrowing power might have shifted recently due to rate changes, a pay rise, new expenses or debt. That's where Aussie's Borrowing Power Calculator comes in. It helps you:
Estimate how much you could borrow based on your current situation.
Tweak your inputs to see how savings, income or expenses impact your budget.
Narrow in on your likely price range so you can search with purpose, not pressure.
Once you've determined your borrowing power, the next step is finding how to fund your next move. You've got a few smart options:
Cash deposit: Great if you've saved one up; just don't forget to budget for extras like stamp duty and moving costs.
Using equity: If your current home has increased in value, you can use some of that equity as a deposit. Our Live Equity Tracker in the Aussie app can help you estimate that number.
Bridging loan: If you've found the right place but haven't sold yet, this short-term loan could help you buy now and sell later. (We'll cover this more in the next section.)
The right path depends on your timeline, finances, and comfort levels. Some families stretch a little to secure their 'forever home.' Others take a more conservative step and build from there.
Remember, upsizing to a larger home with confidence starts by knowing where you stand.
What are my financing options for a bigger house mortgage?
So you've found the right home. Now comes the big question: Can I afford a bigger house? Upsizing often means a larger loan, but that doesn't have to come with more stress. Your next move can feel surprisingly manageable with the right game plan (and the right Broker in your corner).
Here's how we help growing families shape their financing strategy with clarity and confidence.
Choose a loan that suits your next chapter. No two families are the same, and no two home loans should be either. Whether you're juggling school fees, saving for renos or planning for future upgrades, we'll help you build a loan structure that fits. Here are a few smart options:
Variable-rate loans: Flexibility to pay extra when you can, with features like redraw and offset accounts.
Fixed-rate loans: Lock in certainty with set repayments, which can be great if your budget is tight or you want stability.
Split loans: A mix of fixed and variable, offering flexibility and peace of mind.
Interest-only (for investors): Handy if you're holding onto your current home as an investment. It can ease cash flow in the short term.
You might also be interested in: Types of home loans
Buy first or sell first? Let's map it out.
One of the biggest juggling acts when upsizing is the order of events: Buy first or sell first? If your dream home hits the market before your current one is sold, a bridging loan could help cover the gap. It's a short-term solution that lets you buy now and sell after with the right guidance.
Quick comparison:
| Pros | Cons |
|---|---|---|
Buy first | Flexibility on timing Less pressure to accept a low offer | Higher repayments short term and more moving parts to manage |
Sell first | Clearer budget for the next purchase Smoother loan application process | May need short-term accommodation if the timing doesn't align |
Tap into home equity to boost your deposit. If your current home has grown in value, that equity could give you a head start on the next one with no second deposit required.
Here's how we help you use it wisely:
Arrange a valuation to see how much equity you've built.
Work out what portion you can safely use toward your next deposit.
Structure your new loan so repayments stay realistic even with a bigger place.
Equity can also allow you to cover renos, fees, or emergency buffers without draining your savings.
The bottom line? Smart financing isn't about stretching yourself thin; it's about making your next move fit your lifestyle, goals, and budget.
You might also be interested in: Property inspections and valuations
FAQs: What you should know about buying a bigger house in 2025
Every upsizing journey is different, but a few big questions always arise. Here's what families like yours are asking and how we help answer them.
Can I afford a bigger home in 2025?
The short answer? You might be closer than you think. Thanks to the recent RBA rate cut, borrowing power has improved for many families. If you've owned your home for a few years, rising property prices might also mean you've built up more equity than you realise.
That equity could help fund your next home, and tools like our Borrowing Power Calculator or Live Equity Tracker (in the Aussie app) can give you a quick, clear estimate.
Should I sell my current home before buying a bigger house?
It depends on your timing, finances, and risk comfort. Selling first gives you a clear idea of your budget and can make the loan process simpler.
On the other hand, buying first (with or without a bridging loan) can offer more flexibility, especially if you've found the perfect place and don't want to miss out.
We can walk you through both options, model your cash flow, and help you decide what's right for your family and the market you're buying in.
Is upsizing always a smart investment?
Upsizing is about more than numbers; it's about lifestyle. But done right, it can be both. Buying in a high-demand suburb near good schools or transport can support long-term value.
Choosing a home with reno potential or space to grow (think granny flat or extra living area) gives you more options down the track. And if you hold onto your current home and rent it out, you might unlock new income streams or tax benefits.
Finding a property that works for your goals and budget is key.
How much more can I borrow?
That depends on several factors, including your income and living expenses, existing debts or loans, the equity in your current property, and current interest rates and lending policies.
What extra costs should I factor in?
Upsizing comes with more than just the price tag. Here's what else might be on your list:
Stamp duty (based on your state and property price)
Agent and marketing fees for your current home
Loan setup or settlement costs
Moving expenses or short-term storage
Utility reconnections, upgrades or minor renos
We'll help you map it out so you can confidently plan and avoid surprises mid-move.
Upsizing brings big questions and big possibilities. Whether you're navigating timelines, loan options, or just working out what's realistic, you don't have to do it alone.
You’ve got more space (and support) than you think
Upsizing isn't just a property move. It's a life move.
A bigger backyard might mean more time outdoors with the kids. An extra bedroom could mean space for work, play, or a visiting grandparent. And the right suburb can turn your daily routine into something smoother, calmer, and more connected.
Whether you're bursting at the seams, planning for what's next, or simply ready to make your "someday" home a reality, you don't have to figure it all out alone.
At Aussie, we've helped families take this next step with clarity and confidence. From checking your borrowing power, comparing loan options, weighing up equity, or finding a perfect family-friendly pocket. We're in your corner for the whole journey.
So, if buying a bigger house is on your mind, let's chat. Because with the right support, loan, and plan, your next home won't just be bigger; it'll be better.