Planning a full home renovation in Sydney requires a clear understanding of costs, timelines, and hidden expenses. With rising labour rates and material costs in 2026, homeowners must budget accurately before starting.
Complete home renovations significantly boost both comfort and resale value, but costs vary depending on size, finishes, and structural changes.
Average Full Home Renovation Cost Sydney (2026)
- Entry-level renovation: $2,000–$3,000/m²
- Standard renovation: $3,000–$5,000/m²
- Luxury renovation: $5,000+/m²
Average full renovation budget: $150k–$500k+
Large or luxury homes can exceed $800,000+ depending on scope
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Real Sydney Cost Examples
- Small home (100m²): $200,000 – $400,000
- Medium home (150m²): $300,000 – $750,000
- Large home (250m²): $600,000 – $1,200,000+
Major layout changes and high-end materials push costs higher
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Cost Breakdown (Where Your Money Goes)
Labour Costs (35%–50%)
- Sydney labour is among the highest in Australia
- Skilled labour adds to budget
Kitchen Renovation
- $25,000 – $65,000+
Bathroom Renovation
- Bathroom cost: $15k–$35k each
Flooring
- Flooring costs: $80–$250/m²
Painting
- $15,000 – $40,000
Electrical & Plumbing
- $20,000 – $80,000+
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Biggest Cost Drivers
- Structural changes (removing walls, extensions)
- Kitchen and bathroom upgrades
- High-end materials and finishes
- Older homes needing upgrades
Renovating older home renovation pricing guide Australia properties usually adds unexpected expenses
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Hidden Costs to Watch Out For
- Asbestos removal: $10,000 – $30,000
- Council approvals and permits
- Temporary accommodation
- Hidden damage costs
These hidden costs can add 10%–25% to your total budget
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Timeline for Full Home Renovation
- Minor projects: 2–4 months
- Average timeline: 4–8 months
- Large renovation: 6–12+ months
Delays are common due to approvals, materials, and labour availability
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Apartment vs House Renovation Cost
Apartment
- Strata rules increase complexity
- Tight spaces add difficulty
House
- More flexibility in design and layout
- Fewer compliance issues
Apartment renovations often cost more per m² despite smaller size
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Cost Saving Tips
- Keep existing layout where possible
- Mix budget and premium finishes
- Reduce changes during construction
- Work with experienced builders
Good planning leads to major savings
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ROI & Property Value in Sydney
- Full renovations can increase property value significantly
- Wet areas provide best returns
- Modern layouts attract higher buyers
Sydney property market rewards well-executed renovations with strong capital growth
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Final Verdict (Sydney 2026)
Expect to pay $2k–$8k+ per square metre in Sydney
- Entry-level renovations from $150k
- Typical projects: $300k–$600k
- Luxury renovations exceed $800,000+
Overall price varies based on scope and finishes
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