Budget & Ownership Cost
10 Fraser Avenue, Johnsonville - August 2026
Routine Monthly Cost
~$210
Regular upkeep: servicing, inspections, minor repairs, garden
Capital Reserve
~$570
Set aside monthly for future capital works - this money builds in your savings account between capital events
Combined Monthly Total
~$780
Most months, only the $210 routine portion is actually spent. The capital reserve accumulates.
Note on the capital reserve: The ~$570/month capital reserve is money that should sit in a dedicated savings account and accumulate between capital events - it does not leave your account each month. In practice, most months only the ~$210 routine cost is spent. The capital reserve is drawn down when large works happen: the roof recoat this year, a full exterior repaint in 3–4 years, eventually a roof replacement and kitchen renovation. This is how character homes of this era work - predictable small monthly outlays punctuated by periodic larger spends.
20-Year Cost Overview
Annual projected costs combining routine maintenance (teal) and capital works (orange). Spikes indicate years when major capital items fall due.
Years are from purchase date. Capital items shown at midpoint estimates. Routine at $2,500/year.
20-Year Cost Breakdown by Category
Roof & exterior cladding
$42,500
32%
Kitchen renovation
$32,000
24%
Bathroom renovation
$18,000
13%
Garage (repair/remediate)
$15,000
11%
Windows & joinery
$13,300
10%
Hot water & heat pump
$9,300
7%
Weathertightness & foundations
$3,800
3%
Total capital over 20 years: ~$133,900. Garage estimated at mid-range repair/rebuild cost - actual cost highly variable depending on decision.
Spend Horizon
Now - 12 Months
Roof recoat
$3,500–6,000
Missing scribers
$400–700
South wall clearance
$300–600
Deck gap fix
$500–1,000
Foundation sealing
$250–450
Garage assessment
$700–1,500
1–5 Years
Full exterior repaint
$10,000–14,000
Interior repaint
$4,000–6,000
Deck reseal
$1,500–2,500
Floor refinish
$2,500–4,500
Garage works
$10,000–30,000+
Path resurface
$1,500–3,000
5–15 Years
Kitchen renovation
$25,000–45,000
Bathroom renovation
$15,000–25,000
Window upgrade (DG)
$15,000–25,000
15–20 Years
Roof replacement
$22,000–35,000
Gas hot water heater
$3,000–5,000
Heat pump
$4,000–7,000