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Renovating in 2025: What You Need to Know

  • Writer: Eli Maguire
    Eli Maguire
  • May 1
  • 3 min read

Updated: May 10

The Australian housing market is shifting in 2025, with interest rates, lending policies, and construction trends all playing a role in what’s ahead. If you’re thinking about renovating or building, understanding these market changes can help you make informed decisions—and ensure you get the most value from your investment.


At EDM Building, we keep a close eye on industry trends so we can guide you through your renovation journey with confidence. Here’s what’s happening in 2025 and how it could impact your next project.


Birdseye view ocean pool

1. Lower Interest Rates Won’t Cause a Property Boom—But It’s Still a Good Time to Renovate in 2025


The Reserve Bank of Australia (RBA) is expected to cut interest rates in early 2025. However, experts predict this won’t drive a huge surge in property prices like previous rate cuts did.


 What this means for you: Lower rates could make financing your renovation more affordable, but waiting for further reductions may not be necessary. The best time to invest in your home is when it aligns with your goals and budget—not just market conditions.


2. Lending Policies May Shift—So Be Prepared


While lower interest rates might help buyers, changes in lending rules could impact borrowing power. If regulators ease serviceability buffers, securing finance for home improvements could become easier. However, if household debt rises, stricter lending rules could come into play.


 What this means for you: If you’re planning to renovate, now is the time to review your borrowing capacity. Speaking with a broker early can help you lock in the best financing options before potential policy changes.


Living Room in the midst of renovations and painting

3. Construction Is Slowing—But That Could Work in Your Favour


New home approvals have dropped significantly, and while there’s still a backlog of incomplete projects, construction activity is expected to slow. The good news? This could ease cost pressures and improve timelines for those looking to renovate.


 What this means for you: With fewer new builds flooding the market, now is a prime time to invest in your existing home. A well-planned renovation can increase your property’s value while ensuring your home meets your lifestyle needs.



4. Secure Jobs & Higher Incomes Could Support Renovation Budgets


While unemployment is expected to rise slightly, those with stable employment will benefit from higher real incomes due to easing inflation. This could free up additional funds for home improvements.


 What this means for you: If you’ve been waiting for the right financial conditions to start a renovation, 2025 could be the year. Rising incomes mean you may have more flexibility in your renovation budget.


5. Rental Market Pressures Are Easing, Making Owner-Occupier Investments More Attractive


With overseas migration slowing, rental demand is stabilising. This means less competition for properties and a shift in focus toward long-term owner-occupied homes rather than investment-driven buying.


 What this means for you: If you’re planning to stay in your home long-term, investing in renovations now can improve both your quality of life and your home’s resale value in the future


6. Now Is the Time to Plan Ahead for 2025 & Beyond


With a cooling property market, construction timelines improving, and borrowing conditions evolving, 2025 is shaping up as a great time to renovate. Whether you want to enhance your home’s functionality, increase its energy efficiency, or modernise its design, EDM Building is here to make your vision a reality.



Let’s Chat About Your Renovation Plans

Ready to future-proof your home? Contact EDM Building today to book a consultation. Our team will guide you through every step of the procesnsuring you get the best value and quality craftsmanship.


Your home’s future starts now—let’s build it together. 

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  • Building Plans
    • How long will the project take from start to finish?
      Once approvals are in place, we lock in a clear timeline—and stick to it. You’ll also get access to our project tracking platform with live photo updates.
    • Which areas do you service?
      We work across Kiama, Gerringong, Gerroa, Jamberoo, Shellharbour, Berry, Nowra, and the wider Illawarra, Shoalhaven, and Southern Highlands.
    • What makes EDM Building different from other builders?
      We’re a local, family-owned company with a reputation built on trust, care, and delivery. Every team member—from carpenters to apprentices—operates by our values: excellence, integrity, communication, and attention to detail. We don’t just build houses. We build long-term relationships.
    • Do you take on small renovation jobs?
      Yes—we tailor our approach to suit everything from bathroom upgrades to full-home renovations.
    • What’s actually included in the quote?
      Our quote isn’t just a number on a page. You’ll receive a professionally bound booklet with itemised details of inclusions, allowances, and scopes of work—no smoke and mirrors. This makes it easy to compare quotes apples to apples, not apples to lemons.
    • Do I need plans before contacting you?
      Nope. If you’re at square one, our Dreams to Reality Package includes everything from design development to 3D renders.
    • Do you offer free quotes?
      We provide an initial consultation, and from there, our Pre-Construction phase includes detailed quoting, scope definition, and timelines.
    • Can you help me stick to a budget without sacrificing quality
      Absolutely. One of our strengths is value engineering—helping you achieve your vision by prioritising what matters most. We’ll guide you on smart material choices, efficient layouts, and stages of work that fit your goals and budget.
    • How much will my renovation or build really cost?
      At EDM Building, we don’t do vague estimates or “ballpark” quotes. Through our Vision to Value and Dreams to Reality pre-construction services, we provide a detailed, transparent pricing breakdown—right down to materials and labour. Our quotes are realistic, not optimistic. And if we can see ways to save you money without sacrificing quality, we’ll tell you.
    • How long does the pre-construction process take?
      Typically 4–6 weeks depending on complexity. This phase covers everything needed before building begins.
    • What is included in the Pre-Construction Agreement?
      Our Pre-Construction Agreement includes site review, concept development, budget planning, selection guidance, architectural coordination, and a fixed-price quote.
    • How do I know if I’m being overcharged?
      This is a fair concern, and one we hear often. That’s why we break down every cost in a clear and open format. We also help you compare other quotes during our pre-construction meetings—explaining the gaps or shortcuts that might be hidden in a cheaper option.
    • Will I receive regular updates during the build?
      Yes. We provide clear communication via your preferred method—calls, site visits, emails—plus milestone updates.
    • Can I live in my home during construction?
      In some cases, yes—but it depends on the scope and safety of the project. We’ll help you weigh up cost, comfort, and disruption so you can make the best choice. If we think it’ll be a nightmare for you or your family, we’ll be honest and advise against it.
    • What happens if I change my mind during the build?
      We follow a structured variation process—any changes are documented, repriced, and discussed with you before we move forward, so you stay in control.
    • Will my neighbours hate me during the renovation?
      Not if we can help it! We believe in respectful site etiquette. Our team minimises mess, noise, and parking issues—and if your neighbours have concerns, we’re happy to meet them. A smoother project starts with good relationships all around.
    • How long will the project take from start to finish?
      We know how disruptive building can be. That’s why we lock in clear start and finish dates once we have council approval, and we stick to them. You’ll always know what’s happening and when. Our project management software also allows you to track the build from wherever you are—right down to the photo updates.
    • How do you manage timeline delays or surprises during construction?
      We use our PSR approach—Problem, Solutions, Recommendation—to manage anything unexpected. You’ll be brought into the conversation early, so you're never blindsided.
    • Who will be on-site managing my project?
      EDM assigns a dedicated site supervisor, and Eli Maguire oversees all projects to ensure quality and communication are maintained.
    • What qualifications do you have?
      EDM Building is fully licensed and insured in NSW. Our team includes qualified supervisors, tradespeople, and experienced project managers who follow strict industry standards and building codes. Eli is a Master Builders Association of NSW (Master Builders) member.
    • What guarantee do you provide?
      All work is backed by our workmanship guarantee and statutory warranties. We’re committed to doing things properly—and standing by what we build.
    • Do you use local suppliers and trades?
      Yes—we proudly support local trades and suppliers across the Illawarra. They know our standards, and we’ve built strong relationships over the years. This means better communication, faster solutions, and reliable quality for you.
    • Do you offer sustainable or eco-friendly building options?
      We’re all for eco-friendly options—as long as it’s not greenwashing. We can help you choose materials and methods that genuinely reduce your footprint, increase your comfort, and save money long term. Think smart insulation, solar-ready designs, and efficient glazing.
    • What happens if I have questions or concerns during the build?
      We offer open communication at every stage—just reach out. You’ll never be left wondering what’s next.
    • Can I speak to past clients before signing?
      Definitely. Many of our past clients are more than happy to speak with you—and they’ll give you the straight-up version of what working with us is really like. We can also show you photos, testimonials, and walkthroughs of past work.
    • What resources can help me plan my renovation?
      We’ve created a range of practical tools to guide you—whether you’re in the early planning stages or fine-tuning the details. Explore our free renovation eBooks, interactive calculators, and expert-led blog articles, all designed to help you make informed decisions.
    • How do I contact you?
      Call us on +61 483 905 586 or email info@edmbuilding.com.
    • How can I stay updated with renovation tips and EDM news?
      Subscribe to our newsletter for monthly inspiration, project highlights, sustainability insights, and new resources—delivered straight to your inbox.
    • Do you provide aftercare once the build is complete?
      Yes—we’ll walk you through everything and are always available post-handover for advice or support.
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