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Billions Spent on Home Renovations in Australia During the Past Financial Year

May 4, 2015

If you think there are a lot of home renovations in Perth, you are correct. Not only are home renovations popular in Perth, they are popular across Australia as well. There are many reasons for this.

By the Numbers

In WA, homeowners spent $582 million on home renovations. The Perth area accounted for $446 million of that money. So, why are home renovations so popular in the Perth area? The main reason is the price of housing. At one point in 2014, the median price for a home in Perth was $560,000. At one point, it was predicted to hit $600,000 by the end of 2014, but that didn’t materialise.

Why Home Renovations are so Popular in Perth

A lot of people still want to find their dream homes, but don’t want the hassle of finding or building one. To change homes right now, you have to sell your old home, buy a new one and move all of your belongings. Then, you often have to buy new furniture, appliances or accessories to “finish” your new home.

Right now, when prices are high but homes aren’t really moving as fast as they could, it is difficult to go through the hassle of buying and selling. In addition to all of the hassle, you have to leave your neighbours and your children have to leave their friends. Moving is very difficult for your children.

Considering high prices and the hassle of moving, you are really better off to just turn your current home into your dream home.

Call Next Level Extensions

At Next Level Extensions, we have more than 70 years of combined experience in the home renovation industry. We have numerous references and testimonials right here in the Perth area. Award winning designer Max Sardi can help you turn your current home into your dream home for much less than you may think.

Call 1300 948 094 today.

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