Renovating for profit has the potential to change your financial future. But it’s not as simple as TV shows make it look.

In this episode of The Australian Property Show, Tom Haigh reveals the essential ingredients for a winning renovation — and the pitfalls that turn a flip into a flop. From market research to budgeting discipline, you’ll learn the exact steps smart investors take to turn tired properties into cashflow and capital growth machines.

Packed with real-world lessons, insider tips, and examples from The Block, this episode will help you make smarter renovation decisions — whether you’re a builder, tradie, hands-on renovator, or purely a strategic investor.

Key Takeaways – What’s in it for You

• Why renovating for profit is one of the fastest ways to accelerate property returns.

• The real reasons some flips boom while others bust.

• Lessons from The Block — how location, demand, and price spread shape success.

• What “price quartiles” mean and why they matter for profit potential.

• How to avoid overcapitalising and wasting renovation dollars.

• The most valuable features to invest in — based on what local buyers want.

• Why you don’t need trade skills to succeed — but you do need market knowledge.

• The three-part formula for profitable renovations: location, strategy, and discipline.

• How to plan renovations that deliver both lifestyle and long-term wealth.

🎯 Want help building your roadmap to wealth?

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General Advice Warning! 

The information (including taxation) contained in this podcast is general in nature and does not consider your individual financial circumstances or needs. You should not act on the information provided without first obtaining professional advice specific to your circumstances. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. The views expressed in this podcast are solely those of the individual; they are not reflective or indicative of My Money Sorted position and are not to be attributed to Online Financial Planning Australia Pty Ltd. The host is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. This podcast cannot be reproduced in any form without the express written consent of My Money Sorted.