Media Feature: Rising Moving Costs Driving Home Upgrades

A recent feature by Melbourne Insider highlights a growing trend across Sydney and Melbourne: homeowners are choosing to upgrade their existing home rather than relocate.

With moving costs often exceeding $100K, driven largely by stamp duty and associated fees, many are reconsidering whether to invest that cost into upgrading their existing home instead.

Andrew D’Apice, Build Consultant at Attic Group, was quoted in the article noting that more homeowners are choosing to create additional space within their existing home rather than take on the cost and disruption of moving.

This shift is reflected in increased demand for solutions such as attic storage, attic conversions and first floor additions, allowing homeowners to improve functionality, liveability and long-term value while staying in the location they know.