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Austraila's Home Renovations Activity

KEY FIGURES ON HOME MAKEOVERS

* Tend to be mainly on detached houses aged 15-35

* Average job size $70,000 or less for just over half of renovators

* Five pct of jobs worth under $5,000

* Four pct of jobs worth $400,000 or more

* Repairs and maintenance make up 44 pct of jobs

* Bathrooms make up 13.4 pct, kitchens 8.3 pct

WHAT INFLUENCES RENOVATIONS ACTIVITY

* Over the short term it will be weighed down by a weak jobs market, below trend economic growth and decelerating dwelling price growth

* Further out, it will benefit from persistently low interest rates, recovery of economic activity and increased number of detached houses of prime renovations age

Source: Housing Industry Association

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