About the HERC Index
Home Extension & Renovation Cost Index
The Home Extension and Renovation Cost Index tracks the cost of major home renovation work over time including all design, compliance and construction costs. The Index is based on a number of actual major home renovation projects completed in the greater Sydney area, and reflects how the cost of these has changed in response to the price adjustment of materials, labour and fees.
The index is updated quarterly.
About Cape Cod Australia
Home Addition Designers & Builders
Cape Cod Australia was established in 1965 and pioneered the “roof conversion” industry in Sydney, designing and building home additions in all styles and materials.
The company handles all aspects of the design and construction of first floor home additions and large ground floor home extensions. This begins at the concept design stage, continuing with obtaining all required approvals, and then undertaking construction.
With over 7,300 completed projects – ranging in size from $100k to $2m – and a network of over 120 staff and trades, Cape Cod knows home renovation costs and is well placed to provide this Index.