In this article, we delve into the burgeoning trend of home renovations among Australian homeowners, as revealed by a recent survey. With one in four homeowners planning to spruce up their properties within the year, the renovation sector is witnessing a significant uptick.
We highlight the survey's key findings and underscore the role of ServiceSeeking.com.au in facilitating this trend.
Here are some key points:
- A quarter of Australian homeowners intend to renovate their homes within the upcoming year.
- The survey conducted by ServiceSeeking.com.au indicates a surge in renovation aspirations, with 26% of homeowners expressing interest.
- Master Builder NT executive director David Malone notes a notable increase in renovation activity, with the Fidelity Fund data showing a rise in extensions.
- Low-interest rates and government grants, such as the $10,000 renovation grant for first-home buyers, are cited as factors contributing to the renovation boom.
- The article features the story of Michelle and Chris Batenburg, who opted for renovation over buying or building a new property, illustrating the personal motivations driving this trend.
Read the full article here.