Compare House Extension & Renovation Costs

The Home Extension & Renovation Cost index

Brought to you by Cape Cod Australia

HERC Index

Source: Cape Cod Australia www.capecod.com.au

April 2014

Home Extension & Renovation Cost Index

HERC Index figures point to a relative steady state in pricing, with a rise of just 0.03% in the past month. Looking forward, we have become aware of pending annual increases in the cost of steel and in cement-based products. With some exceptions, these are broadly in the range of 2.0-2.5%. Resulting job price changes will likely flow through over the next couple of months, and will be reflected in future HERC Indexes.