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)
- Basic renovation: $2,000 – $3,000 per m²
- Standard renovation: $3,000–$5,000/m²
- High-end renovation: $5,000 – $8,000+ per 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
- 100m² renovation: $200k–$400k
- 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
- Specialist trades increase cost further
Kitchen Renovation
- Kitchen renovation: $25k–$65k+
Bathroom Renovation
- Bathroom cost: $15k–$35k each
Flooring
- Flooring costs: $80–$250/m²
Painting
- $15,000 – $40,000
Electrical & Plumbing
- Services upgrade: $20k–$80k+
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Biggest Cost Drivers
- Major structural work
- Kitchen and bathroom upgrades
- High-end materials and finishes
- Outdated wiring and plumbing
Renovating older 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
- Living elsewhere during renovation
- Unexpected structural repairs
These hidden costs can add 10%–25% to your total budget
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Timeline for Full Home Renovation
- Small renovation: 2–4 months
- Standard renovation: 4–8 months
- Major projects: 6–12+ months
Project timelines often extend due to external factors
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Apartment vs House Renovation Cost
Apartment
- Strata rules increase complexity
- Limited access increases labour cost
House
- Greater renovation freedom
- Fewer compliance issues
Units can be more expensive per square metre
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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 website leads to major savings
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ROI & Property Value in Sydney
- Renovations boost resale value
- Wet areas provide best returns
- Modern layouts attract higher buyers
Quality renovations improve long-term investment returns
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Final Verdict (Sydney 2026)
Expect to pay $2k–$8k+ per square metre in Sydney
- Budget projects start from $150,000
- Typical projects: $300k–$600k
- High-end projects go beyond $800k
The final cost depends on size, materials, and complexity of work
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