The benefits of adding floor area to their living space were undimmed for homeowners around Australia throughout 2005, as figures show that the value of council-approved alterations and additions - primarily ground floor and second storey extensions - barely fell over the past year.
The Australian Bureau of Statistics reports that a total of 10,375 Australian households undertook major home renovations in the September 2005 quarter at an average cost of $76,856. The most popular major renovation during that period was a ground floor extension, at an average cost of $112,490, followed by upper floor extensions, kitchens, and bathrooms.
A typical kitchen renovation cost $22,650 and the average bathroom job cost $23,304. The average cost of an upper storey extension was $123,244.
