HERC Index

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

June 2016

Home Extension & Renovation Cost Index

June saw a very slight increase of 0.7-0.8% in the HERC Index, attributable in part to increases in costs for doors and door furniture, as well as certain pricing adjustments in related to cabinetry and flooring. This brings the HERC Index figure to 111.12, representing a circa 11% increase to the cost of Sydney home extensions and renovations since the inception of the Index in March 2013.

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