If you're planning to renovate and extend your property in NSW, make sure that you prepare a sufficient budget. According to the recent pricing figures gathered by ServiceSeeking.com.au, the average cost of home renovations in the state increased by 10% over the last financial year.
The median rate of home renovation services in NSW climbed to $55/hr this year from only $50/hr in the year prior. Meanwhile, both budget and premium rates remained unchanged at $50/hr and $60/hr respectively.
NSW residents shouldn't feel too unlucky, as the average cost of home renovation increased across the board. Aside from NSW, Tas, SA, ACT, and WA also saw higher average rates for renovation work. On the other hand, the average price for renos in Qld and Vic remained unchanged from FY14 to FY15. A price reduction for home renovation services has not been recorded anywhere in the country.
You can post the details of your home reno project to get estimates from the renovation experts on the site. Once you post a home renovation job, you can receive as many as 12 quotes. However, most jobs usually get an average of five quotes.