Sydney Renovation Pricing Guide: How Much Should You Budget?

Are you looking to renovate your home and wondering how much it will cost? Here’s a guide we prepared to help with your budgeting.

With inflation and other factors driving up property prices, residential owners opt to enhance their existing homes instead of moving.

Setting aside the proper budget before the onset is significant, so let’s uncover pricing for renovations and factors that can affect the total cost.

Pricing Overview

To provide you with a foundation for planning, here’s a general breakdown of average renovation costs in Sydney based on project scope:

• Basic renovations: $1,300 – $1,800 per square metre
• Mid-range renovations: $1,850 – $2,650 per square metre
• High-end renovations: $2,700 – $4,000+ per square metre

These figures offer a glimpse into the investment required for various project scales and can help you set a realistic budget.

For example, if you have 100 square metres and choose basic renovations, you can expect to pay $130,000 to $180,000.

Here’s The Detailed Cost Breakdown by Room

• Bathrooms: Expect to spend between $10,000 and $15,000 on a basic makeover. Mid-range renovations cost $15,000 to $25,000, while luxury transformations could exceed $30,000.

• Kitchens: Small renovation projects typically cost $10,000 to $20,000, whereas full-scale kitchen upgrades could cost between $20,000 and $50,000 or more, depending on the level of customisation and finishes.

Understanding these numbers helps make informed decisions about where to invest and save in your home.

Here are Factors that Influence the Final Cost

Several variables can drive up or reduce your final renovation costs, such as:

• Labour availability in Sydney: Fluctuations in the workforce can affect pricing.
• Material shortages or premium choices: Selecting high-quality or rare materials will impact overall costs.
• Custom designs and luxury finishes: Tailored solutions often have a higher price tag.

Accounting for these factors ensures a more realistic representation of the potential expenses involved in your project.

How to Use Trade Industries Group (TIG) Pricing Guide

Using TIG’s pricing guide is a practical approach to accurately estimating renovation costs. To harness its full potential, consider downloading the detailed document or seeking expert advice on customising it for your renovation needs.

Are you curious about the cost of your renovation? Ask a TIG expert for a detailed quote. Embrace the opportunity to enhance your Sydney home with confidence!