Australians love renovation. With around 60% of homeowners doing some kind of renovations in the last 12 months, it seems that renovating is the new upgrading. There are a number of improvements you can make to add value to your home, but it helps to understand the cost before you get started.
In 2015 the average total spend on renovations was $68K, with most alterations being made to kitchens bathroom areas. Whilst there are a growing number of DIY renovators, 9 out of 10 Australians still hire building trades to upgrade their homes. There's no doubt about it, doing renovations on your home is an exciting prospect - and it is way less stressful when you have your funds all organised and ready to go. Talk to us about your options with a renovation loan and we can help you achieve your renovation goals. Call us on 1300 861 143 for an obligation free appraisal of your situation.