In an article by smh.com.au, they featured a study by ServiceSeeking.com.au, which reveals a significant disparity in the hourly rates charged by tradespeople across different areas of Sydney, highlighting a clear geographical divide between the northeast and southwest.
This trend mirrors the socioeconomic distinction often referred to as the "latte line," with wealthier areas in the north and east paying substantially higher rates compared to more affordable suburbs in the south and west.
The reasons for this divide include perceived wealth in certain areas leading to higher charges, low supply of tradespeople in affluent regions, and varying demand for renovation services.
Key Points:
- ServiceSeeking.com.au's data highlights a substantial difference in hourly rates charged by tradespeople across Sydney.
- Residents in inner-city, eastern suburbs and north shore areas pay up to 49% more for trades compared to those in the south and west.
- The map of tradie quotes reveals a clear divide between affluent suburbs (in red) and more affordable areas (in green).
- Tradies often charge higher rates in wealthier suburbs due to the perceived ability to pay and higher demand for renovation services.
- Commuting overheads and other costs contribute to higher rates in affluent areas.
- The housing boom in Sydney's outer western suburbs has led to high electrical service rates in areas like Hinchinbrook and Liverpool.
- Some pockets of low rates exist in the north and east due to either low demand for services or perceptions about residents' affordability.
- Homeowners are advised to compare quotes from multiple tradespeople to avoid overpaying for services.
Read more here: https://www.smh.com.au/business/consumer-affairs/the-most-expensive-sydney-suburbs-to-hire-a-tradie-20180222-p4z17s.html