PLANNING on starting some new home improvements? Then you probably live in the western suburbs, a new survey has revealed.
SYDNEY’S housing market might be cooling, but apparently, home renovations are booming.
ServiceSeeking.com.au recently analysed 5000 home improvement and renovation jobs which occurred throughout the NSW capital over the past 12 months.
The findings revealed western Sydney residents undertook the highest number of renovations since 2017, at a speed of 50 per cent more than residents in the eastern suburbs and more than 25 per cent the amount of those in the north shore.
CEO Jeremy Levitt said the results were a fascinating insight into the priorities of Sydney homeowners.
“Greater Western Sydney is where the majority of the residential work is. With a developing CBD in Parramatta, many white collar workers can live in these outer suburbs with less of a commute to work, and a smaller mortgage,” he explained.
“Additionally, houses further from the CBD tend to be larger in size with more scope for home improvement, renovations and repair jobs.
“Residents living in the eastern suburbs renovated 40 per cent more than their counterparts across the bridge in the Lower North Shore. Most notably, those living in Bondi Beach required 47 per cent more renovation services than those in Mosman.”
According to the findings, the suburbs that renovated the most over the past year include Blacktown at 9.8 times more renovations than average, followed by Baulkham Hills, Barangaroo, Quakers Hill, Parramatta, Castle Hill, Surry Hills, Ryde, Carlingford and Hornsby.
Meanwhile, the suburbs that renovated the least in 2017 were Clontarf, Clareville, Roseville, Willoughby, Millers Point, Balmain East, Watsons Bay, McMahons Point, Church Point and Berowra.
The analysis also revealed that in some suburbs, a significantly higher amount of residents completed renovation jobs than their neighbours, with residents in Lane Cove completing 89 per cent more renovation jobs than their neighbours in Artarmon.
Residents in Auburn undertook 53 per cent more makeovers than their neighbours in Granville, while those living in Hornsby took on 42 per cent more jobs than their neighbours in Turramurra.
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