House Renovation Cost for a Homeowner in Australia

May 20, 2024by admin

There can be any reason to renovate a home for a homeowner. You might want to increase your house cost, or you might want to make your building more energy-efficient. This is also probable that your desire is to improve the overall appearance of your building. Whatever be your reason, you have to estimate your cost first to begin the work of house renovation. In today’s guide, we’re gonna discuss house renovation cost in Australia so that you may have an idea of how much you may have to spend to remodel your home. 

So let’s discuss:

Factors Influencing House Renovation Cost

The factors influencing renovation costs are:

Project scope

The extent of the work to be completed decides the cost of the project. For instance, if you require complete kitchen renovation, then obviously the cost would be higher than the cost involved in replacing the floor of your kitchen. 

Square footage

The size of the area that requires renovation also decides your home renovation cost. So larger spaces require more materials and labour, and this leads to higher expenses for homeowners.

Material quality

The quality of materials is also an important factor in deciding house renovation costs. So the high-quality materials like premium hardwood flooring and custom-made cabinets are more expensive than their standard options. Yes, the choice of materials greatly impacts renovation costs. 

Labour cost

The service cost of labourers also influences home renovation costs. Different labourers like carpenters, plumbers, and electricians offer different service charges based on their location, skill, and experience. Plus, some complex renovation projects that require specific skills are priced higher for their completion.

You might be wondering:

What Are Renovation Costs Per Square Foot?

The cost per square foot is a useful budgeting tool that is applied in construction and renovation projects. This cost indicates the average cost calculated for each square foot of space that is renovated.   

Mainly, the complexity of the project increases the cost per square foot for any house space. For simple home renovation services or projects like painting a room or installing some basic flooring, the cost per square foot is low. On the other hand, some complex projects like kitchen remodels or whole-house renovations often have a higher cost per square foot due to the extensive doable work. The work involves structural changes, cabinet creation, and custom installations, etc.   

Anyway, other factors like labour cost and material quality also play essential roles in determining the cost per square foot for any space. 

Below is some data regarding home renovation costs in Australia.

How Much to Renovate a House

Your home remodel cost depends on the amount of doable work during renovation. A few examples below would provide you with an idea about how much you may spend for your home renovation. These examples are:

  1. $10,000 – $15,000+ for living room renovations
  2. $10,000 – $45,000+ for kitchen renovations
  3. $2,000 – $10,000+ for garden renovations
  4. $2,000 – $35,000+ for bedroom renovations
  5. $10,000 – $35,000+ for bathroom renovations

So full house renovation cost or remodeling entire house cost can be between $100,000 and $300,000 within Australia in 2024.

Now let’s talk about:

House Renovation Costs in Australia (Area-Wise)

The house renovation costs in Australia vary from one area to another based on the following factors:

Cost of living

The cost of living varies from area to area, so this influences the renovation costs in all areas.  

Supply and demand

If the demand of renovation services is high, but the supply of renovators is low, you may expect to pay some higher service costs to renovation professionals. 

Local council regulations

The local council regulations of cities also influence the renovation costs for homeowners. For example, if your local council has stricter requirements or complex requirements, you have to spend a lot of money for completing your house renovation project.

Value of your property

If the value of your property is high, then its renovation cost would be high as well. Yes, you would have to pay high costs to renovation professionals. 

Accessibility of materials

The accessibility of construction materials also plays a role in deciding the cost of home renovation.  If the building materials are limited in a particular area, a homeowner has to pay high prices to purchase those materials, and their house renovation cost increases consequently.

Plus, to attain quality construction materials like cement and lime to renovate your home, you may contact Boral. This company operates in various areas of Australia.   

Competition

The competition between contractors and companies also influences the cost of house renovation. If the competition is low between them, you have to pay your home renovators more for their services.

There are some cost-saving renovation tips that you may apply to keep the house renovation cost

within your budget range.

Six Cost-Saving Tips for Renovation of Housing

These tips are highly useful for homeowners like you and are:

Effective planning

Make an effective plan regarding your renovation goals, timeline, and budget. Research about the labour cost, building materials, and potential challenges to avoid any surprises during the renovation process. A well-made plan can assist you in keeping yourself on track financially for the house renovation project. 

Prioritisation

You should also prioritise which areas of your home need renovation and which areas don’t require much renovation. In this way, you’ll spend your money only on those areas that require important repairs or upgrades. 

DIY options

You should complete some tasks on your own such as painting, minor repairs, or simple installations to save some money on labour costs. But you have to ensure that you have the skills required for DIY tasks and you know all the safety precautions already that are required for these tasks.  

Price comparison

Compare the prices of various renovation professionals. Don’t accept the first quote you receive from renovation workers. Always compare their costs to select the best option.

Repurposing of materials

You should apply already available cabinets, doors, and tiles, etc. for your current renovation project. In this way, you can save some money as well. 

Flexible scheduling

Have a flexible schedule for your home renovation project so that you may have low service rates from your workers during the seasonal sales time or off-peak labour days.

Intrigued to know more! Then, keep on reading. 

If you require assistance with your house renovation project, then you should only contact a renovation company that could assist you complete your project because dealing with different labourers is time-consuming and difficult as well. Now the question arises:

Which Company Can You Contact for House Renovation Australia?

Well, GTG Constructions company can assist you in this matter. We’ve been renovating homes for homeowners for many years effectively, and we provide budget-friendly work as well. With our renovation services, your home is bound to appear striking for you, your family, and your visitors. 

To contact us for your project or any query, please dial 0428 117 075 or email us at tom@gtgconstructions.com. We’ll respond you as soon as possible within our office hours. 

Conclusion

That’s all what we wanted to share with you regarding how much it costs to renovate a house in Australia. We hope you understand all the points of our guide, including the renovation costs for various sections of a home. Whenever you require assistance with your house renovation project, contact GTG Constructions right away. We’ll respond you shortly. If you appreciate our efforts for this guide, please share the piece with your connections so that they may have an idea of how much a house renovation project can cost in today’s age in Australia and which company they may contact for house renovation services. 

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GTG Constructions are your local building specialists on the Central Coast and Lake Macquarie. Servicing both domestic and commercial clients, our passionate team of trade professionals are here to turn your dream projects into a reality. With over 10 years’ experience and a customer’s first philosophy, partnering with GTG Constructions is the best decision you’ll make.

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