(January 23, 2017) The cost of renovating in Australia continues to soar with the average hourly rate to hire a tradie up 6.7 per cent year on year. In the last quarter alone, prices have risen by 4.9 per cent, reflecting the intense growth of Australia’s renovation sector.
Jobs website ServiceSeeking.com.au’s quarterly Tradie Price Index released today recorded higher earnings across all major trade industries, except for carpentry.
Carpenters charged 7.8 per cent less over the past year, while tilers (10.9%), plumbers (5.9%) and painters (4.9%) all increased their rates over the same time period.
Western Australia recorded the greatest growth with a 12.5 per cent hike in overall renovation costs, confirming its title as the most expensive state to renovate in Australia. Weighted average hourly rate is $73.08.
Queensland remains the second most expensive state to renovate with the average tradie costing $69.93 per hour, a 12.1 per cent increase on last year.
New South Wales also experienced a surge (2.4%) in tradie prices in the last year, particularly in the last quarter where prices rose 9 per cent, putting the average hourly rate at $64.46.
Meanwhile, Victoria was the only state to record negative growth in the renovation sector, with tradie prices down 1.4 percent year on year.
Hourly rates are “gross” rates and aside from including the cost of labour, also cover the cost of running the business including insurance, tools, work vehicles, insurance and superannuation
The prices were derived by comparing a sample of 52,000 quotes submitted during the FY17 Q2 through ServiceSeeking.com.au.
To view price changes across eight popular renovation services around the country, including major capital cities, see www.serviceseeking.com.au/renovations
|NATIONAL Average Hourly Rates||2017FY Q2||2017FY Q1||% quarterly change||2016FY Q2||% year-on-year change|
|Building & construction||$66.20||$62.71||5.6%||$64.59||2.5%|
|ALL TRADES AVERAGE||$66.18||$63.08||4.9%||$62.05||6.7%|
Top 10 Industries by Location
- WA Plumbers charge $94.44 per hour
- WA Electricians charge $92.24 per hour
- QLD Plumbers charge $85.05 per hour
- NSW Plumbers charge $78.84 per hour
- VIC Plumbers charge $78.20 per hour
- QLD Landscapers charge $77.77 per hour
- WA Landscapers charge $76.45 per hour
- QLD Builders charge $75.94 per hour
- NSW Electricians charge $75.43 per hour
- VIC Electricians charge $73.26