Decode With Elite Elevators: A Home Lift Cost Guide for Australian Homeowners

Home lifts are so convenient and accessible for private residences that demand for them in Australia has surged! It doesn’t matter why you want to buy a home lift; it undoubtedly adds significant value and improves the comfort of your lifestyle. Thus, consider home lifts as long-term investments that will pay off. Of course, the issue of price also comes up. A home lift does not have a standard cost. Based on many aspects, such as the type of lift, the number of levels, customisations, and more, the price of home lifts always differs.

We’re going to explore these elements in detail and how they impact home lift prices in Australia in this blog.

What Affects Home Lift Prices in Australia

Your home lift is just like any other large home appliance — several factors can drive or reduce its costs. Here are the factors that influence the cost of your home lift in Australia:

1. The Lift Type: Home lifts come in different operating drives and these drives are priced differently. Whether you choose a hydraulic or gearless home lift or an ASL-operated stairlift, you are looking at different price tags.

2. The Lift Size and Capacity: Home lifts come in a variety of sizes and weight capacities. Based on these aspects, the price is calculated. A larger home lift or one with increased weight capacity will typically cost more than a smaller home lift.

3. The Number of Stops: The number of stops can alter your home lift’s cost. It is nothing but the number of floors your home lift will be used at. The higher the number of stops, the more your home lift will cost and vice versa.

4. Bespoke Features: Home lift manufacturers allow their customers to customise their home lift to their preferences. This includes custom walls, doors, flooring, colours and control panel layouts. If you want to personalise your home lifts to your style, the price of your home lift will increase.

5. The Country of Origin: If the brands import their products, this could potentially drive up the cost of residential lifts too.

What is the Price Range for Home Lifts in Australia?

The price range for home lifts in Australia is a vast figure and can be broken down according to the lift’s features. A low-end model starts at around AUD 30,000. Slightly advanced home lifts can range between AUD 50,000 to AUD 70,000. High-end or luxury models can cost AUD 100,000.
These are just estimates! We’ve drawn these ballpark figures to give a broad idea: you must do your research and decide which model fits your budget. The next step is to research a list of suitable home lift companies in Australia and directly ask them for the best quotes.

Are There Affordable Residential Lifts Available in Australia?

Yes! There are plenty of residential lifts in Australia that are affordable. For example, small home lifts are much more budget-friendly options than most options. If you want a bigger lift at a lower price, you can opt for a basic model with minimal features.

Another option to consider is a refurbished lift. Refurbished home lifts are affordable if you are on a budget. Before committing to them, make sure to have the lift thoroughly inspected and check whether it meets all safety standards before installation.

What is the Cost of Small Home Lifts in Australia?

If you have limited space in your home or need a home lift for just two people, you can opt for small home lifts! A small home lift is priced between AUD30,000 to AUD 50,000 and the final cost changes based on the drive, number of floors, and customisations you choose.

How Much Does the Installation of a Home Lift Cost in Australia?

The cost of installing a home lift in Australia is impacted by several factors. Where will your lift be installed? Does the site require structural changes? What type of lift is it? These questions will be helpful when asking for estimates. Installation in a new home will cost between AUD10,000 and AUD20,000. If you are renovating or your home requires significant structural adjustments, the cost will be AUD 30,000 or upwards.

What Should I Keep in Mind When Comparing The Cost of Residential Lifts?

Finalising your dream residential lift can get tricky! There are numerous options to pick from, each with its own attraction. But don’t worry, we’ll outline the most crucial factors to consider when comparing home lift pricing.

• How does the warranty and after-sales assistance look like?: Before making your decision, check whether the home lift has an adequate warranty and the kind of service to consumers the manufacturer provides.
• Is the lift energy-efficient?: In terms of cost, energy efficiency is frequently overlooked. This is because energy-efficient residential lifts will not contribute to high energy bills over time. Even though these lifts might be on the slightly higher side, they make up for it with the low energy bills.
• Will the residential lift have any resale value?: This is another important thing to keep in mind. Since residential lifts make life easier, they increase your property value, making them a worthwhile investment.

Find The Best Home Lifts Cost with Elite Elevators

Buying the right home lift can be quite scary! There is a lot to think about, especially the cost. Are you looking for a compact home lift or a high-end one? Whatever your needs are, Elite Elevators has you covered! Our home lifts combine the best of innovative technology and captivating design, crafting a convenient and enjoyable way of moving across your home.

Want a quote from us which has been personalised to your specific needs? Contact us here – 1300-319-878!

Let us help you enhance your home’s accessibility and value with a high-quality residential lift!