The Cost of Renovating: What to Expect in 2025
With the cost of living rising across Australia, many homeowners are understandably nervous about the price of renovating. But the good news? With smart planning, expert design guidance, and a realistic budget, a beautiful renovation is absolutely achievable in 2025.
Factors Driving Renovation Costs:
1. Labour Costs
In NSW, especially the Central Coast, skilled trades are in high demand. While labour costs have increased, using highly qualified builders and tradespeople ensures quality work that lasts, saving you money long-term.
2. Material Costs
Timber, stone, and imported materials have all seen price fluctuations post-pandemic. Designers can help you navigate alternative materials or suppliers that deliver both style and value.
3. Custom Joinery & Bespoke Finishes
Custom work like built-in storage, custom kitchens, and stone benchtops will always be higher-ticket items—but they’re often where the value lies, especially for long-term homeowners.
4. Fixtures, Appliances & Finishes
Lighting, plumbing, appliances, and tiles can vary significantly depending on the brands and styles you select. This is where mood boards and upfront planning help keep things on track.
5. Hidden & Unexpected Costs
Always allow for a contingency buffer (10-20%). Structural surprises, electrical upgrades, or changes in council regulations can affect your final spend.
Average Renovation Costs in 2025 (Central Coast NSW):
Cosmetic Kitchen Update: $20,000 - $40,000
Full Kitchen Renovation: $50,000 - $80,000+
Bathroom Renovation: $25,000 - $50,000
Full Home Renovation: $200,000 - $500,000+ depending on size, scope & selections
Why Working With a Designer Saves You Money
Avoid costly mistakes.
Create realistic budgets from day one.
Access to trusted trades and suppliers.
Efficient project management = faster completion.
At MKG, we guide clients through the entire renovation journey—from initial concepts to final handover—ensuring your renovation stays on time, on budget, and stress-free.