Moving House Costs & Expenses
Last modified: 29th August 2024
William Jolly |
To make things even more challenging, moving can also be really expensive!
With the cost of living as high as it is, finding a way to save when moving is crucial, regardless of whether you’re a renter or homeowner.
If you’re soon to be one of the 1.14 million Aussies who move every year, this guide will discuss the key costs and expenses you might need to consider when moving house and some tips and resources for moving smoothly.
Originally published 22 June 2021.
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What is the average cost of moving house?
According to the Muval Movers Index, the average Australian spends approximately $3,000 each time they shift. Movers budget $1,581 on removalist costs and $1,451 for additional expenses such as boxes, cleaning and packing services.
This is similar to the quote by HiPages, which found that national moving costs typically average around $1,400 and range from $700 to $2,500.
What’s the average cost of moving interstate?
Unsurprisingly, those moving interstate spend even more on moving costs. According to Muval, people moving to an entirely new state spend upward of $4,180 on average, while HiPages recommends budgeting anywhere between $2,600 - $5,850 (for a three-bedroom house).
What are the main reasons for moving?
Nearly 40% of Aussies change their main place of residence every five years or less. Muval found that reducing the cost of living (35%) was the main reason for finding new digs, followed by moving for work (29%), for lifestyle changes (24%) and to find more affordable housing (20%).
Fun fact: Around two-thirds (66%) of all moves take place between October and March.
Image source: Muval
Costs to consider when moving house
Moving costs can be pretty complicated and vary wildly based on several different factors:
- Whether you use removalists or DIY
- The removalists you choose
- The number and size of the items moved
- The size of your current and new home
- The distance of your move and expected duration
- Access to the property
- Whether you’re a renter or homeowner
And much more. We’ve broken down the average costs you’ll need to consider below. Remember that your exact costs will likely differ based on the above factors.
- Removalist costs
- Boxes and packaging costs
- Furniture costs
- Rental bond costs
- Cleaning costs
- Utility costs
- Other costs
Average removalist costs
The most common expense when moving is paying for removalists. The cost of hiring a removalist can vary depending on which of their services you decide to use. Typically, removalists offer the following:
- Packing boxes and tape;
- Transportation;
- Temporary storage (in some instances);
- Loading and unloading of furniture and belongings;
Removalists sometimes offer specialised services, including moving large, delicate items (e.g. pianos) or even transporting pets.
According to Muval, Australians spend an average of $1,581 on removalists.
Removalists typically charge hourly, ranging from $75 to $300 per hour. Freelance removalists from Airtasker can cost a bit less, at around $100 - $250 per hour.
To find the best deal, you can use comparison websites like Muval, Airtasker, Find a Mover, etc.
Removalists vs. DIY: Which is better?
If you decide to forego the removalists and transport everything yourself, there are obvious financial benefits. The only costs you’ll need to consider are hiring a van/truck for yourself and paying your friends, who will inevitably need to help you.
However, there’s a lot to think about when doing it yourself. You’ll need:
- More time
- Physical fitness for lifting and carrying heavy objects
- Help from family and friends
- Stress relief if/when something goes wrong.
A hybrid approach could be a better option than full DIY moving: pack up all the more minor things yourself, and allocate a few of your biggest items for removalists to take.
Average boxes and packing costs
Nearly two-thirds (63%) of Aussies say packing is among the top three most loathed tasks when moving house. You'll need somewhere to store and transport all your clothes, plates, personal possessions, electronics, wall paintings, and everything in between.
If you know someone who recently moved, you could message them and see if they have any packing boxes you could borrow or buy. If not, you can purchase packing boxes from Storage King, Officeworks, and National Storage.
When budgeting for boxes, bubble wrap, tape, etc., a general rule is to set aside at least $100 for these.
Average furniture costs
Did you know that half of all movers end up buying new furniture? Muval’s Index shows furniture was the number one purchase triggered by moving (50%), ahead of kitchen appliances (40%) and entertainment appliances (39%).
A new abode is often the perfect time to replace those old couches you’ve meant to throw out. Here’s how much you’ll generally need to spend on new pieces of furniture, from the low-end to the high-end of the market:
Furniture type | Typical cost |
---|---|
Couches and lounges | $500 - $2,000 |
Bed frames and mattresses | $300 - $2,000 |
Dining sets | $200 - $2,000 |
Office furniture | $100 - $800 |
TVs | $200 - $10,000 |
Outdoor settings | $500 - $2,500 |
Kitchen Appliances | $300 - $1,500 |
Average cleaning costs
While this will generally only apply if you’re renting, ensuring the home is clean is essential, as your property agent/landlord will conduct an end-of-lease inspection. Failing to have the property appropriately clean and free of damage could result in you losing your bond (see above).
The easiest way to ensure the property is in good condition is to hire a professional cleaner. A handy tip is to use one that the agent recommends. But if you decide to compare your options, Airtasker quotes the median bond cleaner cost at $319, with typical prices ranging from $250 - $400.
Costs can fluctuate depending on the size of the home, the services included (e.g. if they will also be doing carpet cleaning or pest control), and the property's condition. Typically, smaller properties are cheaper to clean; a bond clean will be relatively inexpensive if the property is already generally clean.
How clean should your property be when moving out?
While you should check your tenancy agreement for the exact requirements for your property, the general rule is that the home only needs to be as clean as it was when you moved in. ‘General wear and tear’, such as light scratches or worn carpets, is also usually acceptable.
Average rental bond costs
The rental bond also applies to renters only. Depending on your state, the bond is usually equivalent to four weeks' rent, and if the property is in good condition, it will be returned to you at the end of your tenancy.
However, if you continue to rent, you’ll likely need to pay a new rental bond to secure your next property. At four weeks’ rent, plus an extra two weeks’ rent in advance as a deposit, this could cost more than $3,500 for the median rental property in Australia!
What if you’re not renting?
Congratulations if you’re transitioning from a renter to a homeowner! Here are some of the fees and charges you may have to pay:
- Mortgage fees: Application/upfront fees for new mortgages can cost hundreds of dollars.
- Stamp duty: This tax on property transactions varies by state and property value but is usually at least thousands of dollars.
- Conveyancing or solicitor fees: These professionals assist with the legal aspects of buying or selling property.
- Property inspection fees: If you're buying a new property, a professional should inspect it to identify any potential issues.
- Council rates and other levies: These might be prorated depending on when you move.
Average utilities & connection fees
When you move into a new home, you'll need to set up utility services such as electricity, gas, water, and internet. Alternatively, you can transfer them across from your previous property.
You might be charged for setting up these utilities in your new home or disconnecting them from your previous one.
According to Finder, here are the connection and disconnection fees for electricity in Australia as an example (natural gas has separate fees):
State/Territory |
Connection & Disconnection Fees: Electricity |
Connection & Disconnection Fees: Gas |
---|---|---|
NSW |
$14.60 - $63.61 |
$15.07 - $63.81 |
VIC |
$43.27 - $88.25 |
$7.68 - $15.62 |
QLD |
$14.45 |
$13.20 - $24.83 |
SA |
$58.07 |
$13.64 |
ACT |
$102.40 |
$13.20 |
WA |
$6.52 - $30.95 |
$16.71 - $64.05 |
TAS |
$58.07 |
$13.64 |
Source: Finder
Other moving costs to consider
There’s no shortage of other expenses that you might need to pay for when moving house. Some notable extra costs that can rear their head might include the following:
- Mail redirection to your new property
- Storage costs if you need the extra space
- Pet relocation costs, especially if you’re moving interstate
- Home and contents insurance (renters can still get contents insurance for their valuables)
- Travel and petrol costs, especially if you’re driving between the two properties a lot
- Waste removal
- A full grocery shop for your new home
And much more. While often not directly related to your move, these costs can add up if you’re not careful, and not paying them can sometimes lead to even bigger expenses later on.
Want more savings tips?
Tips to save on moving costs
It’s almost impossible to move 100% stress-free, nor is it really possible to move without spending a cent. It can be an incredibly lengthy and difficult process, but to make things a bit easier on yourself, here are some tips for a more cost-effective (and time-effective) move.
- Plan early! The more time you have to plan and get organised, the better.
- Shop around. Compare quotes from multiple removalists and rental truck companies. Be as detailed as possible to get the most accurate cost estimate. The same goes for cleaners and other professionals.
- Collect and label your boxes: Collect free boxes from local stores or friends. Label all boxes clearly with their contents and destination rooms, and use household linens and clothing to wrap fragile items, saving on packing materials.
- Measure any furniture you’ll be taking to ensure it fits in your new place. If not, sell it and look for good deals on new (or used) replacements!
- Stay organised and enlist help. Keep all move-related paperwork in one place. Ask friends or family to assist with packing or moving day tasks, streamlining the process and potentially reducing costs.
- Budget! Set a budget for your move to avoid spending more than needed.
Need help with the funds?
If all these costs seem daunting and you’d rather not tap your savings for the big move, Jacaranda Finance can help. At Jacaranda Finance, we offer fast, flexible and affordable Rental Bond Loans starting from $3,000, with loan terms as short as 25 months.
If you need funds quickly to secure your next rental property, you can apply in as little as 5-12 minutes1 and receive an outcome on the same day2. Even better, you can check if you qualify beforehand without impacting your credit score at all.
You can get in touch with William via williamj@jacarandafinance.com.au.