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AE INDEX
Melbourne Renovation Cost Index
Edition 1
2026

The Melbourne
Renovation Index

Published cost bands for Melbourne extensions and renovations, with the method, the assumptions and the exclusions stated in full. Free to read, free to cite, no email required.

Base rates

ScopeBasisRate
Ground-floor extensionNew construction, basic shell and extended roofline$2,700 – $5,100/m²
Second-storey additionShell rate plus AE Index first-floor uplift$3,400 – $6,400/m²
Renovation within existing buildingNo structural upgrade assumed, good access$1,600 – $3,900/m²

Ground-floor and renovation rates: Archicentre Australia CostGuide 2026 · GST inclusive
Second-storey uplift: AE Index — Archicentre lists first-floor additions as an extra, not a rate

Wet areas

These sit outside the square-metre rate and are costed separately. This is the single most common reason a homeowner's own estimate comes in low.

RoomNotesRange
KitchenHighest cost per square metre in the house$23k – $49k
Bathroom or ensuiteFull waterproofing and floor-to-ceiling tiling$17.5k – $35k
LaundryExcludes white goods$10k – $19k

Site adjustments

These are AE Index's own, derived from how Melbourne sites actually behave rather than from any published table. We publish them so you can disagree with them.

FactorApplies whenAdjustment
Inner-suburb locationTight sites, higher labour rates, heritage density×1.20
Middle-ring locationLarger blocks, easier delivery×1.10
Heritage overlayConfirmed on title×1.15
No vehicle accessMaterials hand-carried or craned×1.15
Restricted accessMachinery fits, but barely×1.07

Allowances for the existing house

Work to the parts of the house you are not extending. Derived from published repair rates for restumping, rewiring and re-plumbing.

BuiltTypical conditionAllowance
Before 1940Restumping, rewiring and re-plumbing usually required$26k
1940 – 1990Partial services upgrade$9k
After 1990Services generally compliantNil

Added on top

ItemCoversRate
Professional fees and permitsArchitect, structural engineer, building surveyor, permit levy, energy rating assessment25%
ContingencyUndisclosed structural, drainage or waterproofing issues12%

What is excluded

Landscaping and external works. Appliances, furniture and window furnishings. Council planning application fees. Driveway reinstatement. Temporary accommodation and storage. Hazardous material removal. And anything found once walls are opened — which is why the contingency line exists.

Apply it to your project

Run your own numbers

The estimator applies everything on this page to your scope, suburb and site conditions, and shows each line as it does.

Citing this index. The Melbourne Renovation Index is free to quote and reference with attribution to AE Index. Journalists and researchers wanting the underlying method or a comment can get in touch.

Last updated 28 July 2026

AE Index publishes indicative cost data for Melbourne residential renovation. Estimates are budget-setting figures, not quotes, and assume a standard site with no undisclosed structural, drainage or contamination issues. Square-metre rates are drawn from the Archicentre Australia CostGuide 2026, an independently published Australian cost guide, and are GST inclusive. Site adjustments are AE Index's own and are labelled wherever they appear. AE Index refers projects to a builder from its verified network and receives a fee on work that proceeds.