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Modest improvement in new home lending

The March 2012 ABS Housing Finance figures show a modest improvement in new home lending said the Housing Industry Association, the voice of Australia's residential building industry. » More

Federal Budget Misses the Mark on Housing

The Housing Industry Association, the voice of the residential building industry, is disappointed that tonight's Federal Budget represents a missed opportunity to reinvigorate new home building activity and alleviate the nation's housing affordability pressures. » More

Budget Provides Opportunity to Boost Ailing Approvals

Building approvals remain at very low levels despite posting a modest improvement in March 2012, further highlighting the urgent need for government action, said the Housing Industry Association, the voice of Australia's residential building industry. » More

RBA right to be concerned about housing, says HIA

The Reserve Bank of Australia is right to be concerned about housing, especially new construction, says the Housing Industry Association, the voice of Australia's residential building industry. » More

HIA Trades Report confirms now is the time for skilled labour investment

The latest HIA Trades Report provides, not surprisingly, a weak update on the residential construction industry for the first quarter of 2012, said the Housing Industry Association, the voice of Australia's residential construction industry. » More

Large rate cut the correct move, says HIA

The Reserve Bank Board today determined to cut the Official Cash Rate (OCR) by 50 basis points to 3.75 per cent. » More

New Home Sales signal need for large rate cut, says HIA

New home sales fell to their lowest level in over a decade in March 2012, said the Housing Industry Association, the voice of Australia's residential building industry. » More

A 50bp interest rate cut is the appropriate decision, says HIA

The consumer price index for the March 2012 quarter came in well below market expectations and a 50 basis point interest rate cut next week is justified, says the Housing Industry Association (HIA), the voice of Australia's residential building industry. » More

Land sales signal weak year for new home building

The latest residential land update signals persistent weakness in new home building in 2012. » More

Housing Weakness to Persist in 2012

Final ABS figures released today confirm a very weak quarter for both new housing and major alterations and additions activity in December 2011, said the Housing Industry Association, the voice of Australia's residential building industry. » More
Australia's Kitchen and Bathroom Report 2005/06

HIA - JELD-WEN Kitchens and Bathrooms Report - Past Growth and Future Prospects, 2011/12
Frequency:
Annual - click here to view HIA's current release calendar
Number of Pages:
81
Coverage:
All States and Territories
Price:

HIA Member: Now complementary
Non-member:$165
 
Click here for order details Adobe PDF Icon
Click here to download an extract Adobe PDF Icon

 

HIA's Annual Kitchens and Bathrooms report provides a comprehensive overview of opportunities, attitudes, and forecasts for this all important $11+ billion sector.

Among many key points the 2011/12 report highlights are:

  • The total number of kitchen installations in new homes is forecast to decline by 10.4 per cent in financial year 2011/12 to 141,200, from 157,500 in 2010/11. An increase of 5.6 per cent is forecast for 2012/13 taking the total number of new kitchen installations to 149,000.
  • The total value of kitchen installations in new homes was $2.72 billion in 2010/11, an increase of 5.0 per cent on the previous year. The total value is forecast to fall by $172 million in 2011/12 before increasing by $147 million to a value of $2.7 billion in 2012/13, just below the 2010/11 starting point.
  • The total number of bathroom installations in new homes is forecast to decline by 10.4 per cent in financial year 2011/12 to 268,200, from 299,300 in 2010/11. An increase of 5.6 per cent is forecast for 2012/13 taking the total number of new bathroom installations to 283,100.
  • The total value of bathroom installations in new homes was $3.62 billion in 2010/11, an increase of 7.5 per cent on the previous year. The total value is forecast to fall by $228 million in 2011/12 before increasing by $196 million to a value of $3.59 billion in 2012/13.
  • HIA estimates that there is the potential for just over 146,000 kitchen renovations in 2011/12.
  • The HIA Kitchens and Bathrooms survey found an average value for a new kitchen in 2010/11 of $19,011, compared to an average value for a kitchen renovation of $19,900.
  • Over 40 per cent of respondents to the survey (44 per cent) reported the average age of a renovated kitchen fell in the range of 16 to 20 years, with a further 32 per cent of respondents stating a range of 11 to 15 years. These results are consistent with previous findings dating back nearly 10 years.
  • HIA estimates that in 2011/12 there is the potential for 217,990 bathroom renovations.
  • The HIA Kitchens and Bathrooms survey found an average value for a new bathroom in 2010/11 of $12,120 compared to an average value for a bathroom renovation of $15,000.
  • In terms of the frequency of updating a bathroom, 39 per cent of survey respondents reported the average age of a renovated bathroom as falling in the range of 16 to 20 years, with a further 25 per cent of respondents stating a range of 11 to 15 years. These results are consistent with previous findings dating back 10 years.
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