House prices are not the only thing going up, so are renovation costs

Jen Melocco
Updated November 13 2021 - 4:18am, first published November 12 2021 - 8:00pm
PROPERTY: Land, home and reno prices up, and a property with "Grand Design" possibilities is causing a splash.

So you are put off buying a new property because of rising prices and opt instead to do a reno in your current home. Great idea? Well maybe not, with a new report this week showing reno costs and wait-lists on the rise.

Jen Melocco

Jen Melocco

National Property News Director, ACM & REV

Jen Melocco is the National Property News Director at ACM. One of Australian property media's leading names, she leads property coverage and strategy nationally for ACM & REV, bringing a new approach to one of the most topical areas of property in Australia today - regional real estate. Previously she lead the editorial team for two of Australia's most read property magazines for Domain, and published within premier Nine media brands The Australian Financial Review and The Sydney Morning Herald.