(August 4, 2016) Queensland recorded the biggest gain in home renovation prices across the country with a 4.4 per cent increase in the cost of improving your home.
With an average tradie price of $63.14, Queenslanders are forking out 2.4 per cent more than the national average for repairs and redesigns to their homes.
And the incredible price surge is more than four times the national Consumer Price Index (CPI) which showed just a 1.0 per cent increase in the cost of living for the past year.
The state’s landscapers are the best paid in the country, charging $72.48 an hour – a 16.9 per cent hike on the national average. Queenslanders will pay 25.6 per cent more than Victorians to have their gardens done, or $18.59 more per hour.
Electrical prices were up 6 per cent year-on-year, while tilers made 11 per cent more.
In comparison, carpentry prices were below the national average at $53.49. Painting, plumbing and plastering trades were also below the national average in Queensland.
ServiceSeeking CEO Jeremy Levitt said: “More than 23,000 renovation jobs were posted on ServiceSeeking.com.au in Queensland in the last year, so despite the increase in prices it’s evident residents are prepared to pay for improving their homes. Our advice would always be to compare quotes thoroughly to ensure you are accessing the best deal for your home renovation project.”
Only Western Australia ($67.34 up 1.8 per cent) is more expensive to renovate in. NSW is cheaper ($60.25 up 0.8 per cent), while Victoria is the cheapest and the only state to record a drop in prices by 2.2 per cent to $57.28.
The prices were derived by comparing 52,000 quotes submitted through the online services marketplace during the FY16 Q4.
To view price changes across 10 popular renovation services around the country, see www.serviceseeking.com.au/renovations