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Popularity of home renovation shows on the rise… but the reality is different

Deborah Knight

Once upon a time, it was the norm to buy a property – perhaps something that wasn’t your dream home – and then go through the process of renovating.

“That’s what we did at our house,” says Deborah Knight.

“We bought a dump, it had good bones we were told.”

Australians have always loved renovating, but recently there’s been a decline.

Housing Industry Association’s Geordan Murray tells Deborah the renovations market last peaked in 2011.

“Since then, it’s sort of been on a little bit of a [decline].

“It’s been a bit of a surprise given the popularity of home renovation shows.”

Mr Murray says there’s a range of factors that drive people’s motivation to undertake renovations.

He says “one of the biggest drags” is the pressure it puts on the “financial position of the household.”

Click PLAY below to hear the full interview 

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