Great reasons to extend your home in 2016

Australian renovation insights and trends of 2016

Australian Renovation Trends and Insights

In the 2015/2016 financial year, Australians spent a huge $7.7 billion renovating and extending their properties. Over 8 million is spent yearly in Australia according to recent studies, with over 2 million spending over $5,000. Extensions and renovations vary widely in price from simple flooring change to major structural modifications and makeovers. Key reasons for renovating is to improve aesthetics, maximise living area and increasing the resale value of the property. With the average return being $2 for every $1 spent, renovations and extensions are a great way of achieving your dream lifestyles.

https://www.deppro.com.au/blog/australians-spent-record-77-billion-renovations-last-financial-year

http://www.roymorgan.com/findings/eight-million-enovated-or-redecorated-201304220209

http://www.architectureanddesign.com.au/news/australian-homeowner-survey-reveals-renovation-des


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