Moving house can be a seriously stressful (but also very exciting) time. You’re moving into a brand new house, and it’s a great opportunity to go through your things and have a bit of a clear-out, if required.
However, when it comes to moving house, between removalists, packing materials and extra costs, the cash can really add up! Fortunately, there are a few ways to make sure that you’re not breaking the bank during your removals process.
By following a checklist and knowing the hidden costs, you can make sure you keep your bank balance in check.
The main reason that people hire removalists is for the sheer convenience. Removalists are usually professional trained and will easily handle loading your belongings onto a truck and unloading them at your new property. You can usually count on removalists to have all your belongings arrive safe and sound, and they might make your moving day easier and quicker.
Alternatively, you might choose to save yourself a bit of cash by choosing to hire a vehicle and complete your move yourself. If you have a fairly small property or not many belongings this can be ideal, as you’ll save money by buying your own packing materials and hiring your own truck. However, you must keep in mind that a DIY move is most definitely going to take you more time, cost you a bit in materials, truck hire and insurance, and it can be a strain on your body (not to mention your brain) lifting everything and fitting it all in your truck.
A recent study found that the average cost of moving house in Australia is $1,618. This particular study factored in removalists, cleaning and reconnecting utilities, however depending on your specific move, the costs may vary.
According to this same study, the total average cost for moving can be broken down into:
As you can see, moving costs vary greatly depending on how you want to move and how much stuff you have to move. Removalists typically charge using either an hourly rate or a flat-free structure. There are pros and cons to each, mainly that the flat-fee structure is easier to budget for, however the hourly rate structure could mean that you end up paying less if your move is completed quicker than expected.
Other factors to take into account include the size of your home (this is usually measured by the number of bedrooms) and how far away you’re moving (for example, are you moving just to another suburb or interstate?)
You should also keep in mind any home maintenance costs you’ll have to pay when you do move into your new home to make it liveable, in particular any budget renovations that need to be made immediately.
All these influences will determine the overall cost of your move. Be sure to communicate effectively with your removalist company before you sign a contract or make any kind of deposit, so that you can look out for hidden fees like extra men, wrapping fees or piano fees. A good rule of thumb is to look for removalists that are part of the Australian Furniture Removers Association.
There are a couple of ways to save money when you’re moving house if you’re on a budget.
Sometimes life gets in the way, and your budget doesn’t quite stretch as far as you need it to when you’re moving. We’re here to help in those times.
Nimble offers quick, no-fuss loans for if you need a stress-free way to borrow money when you’re moving house. Whether it’s for hiring removalists or paying off your outstanding bills, we’ve got you covered. Apply now to find out whether you’re eligible.
Disclaimer: Please note this content is provided as general information only and does not take into account your objectives, financial situations or needs. For advice tailored to your financial situation, it is advised that you seek guidance from an accountant or financial advisor. The above post refers to application software (“App, Apps”) that is not affiliated or associated with Nimble. We do not have any control or responsibility over the content of the Apps. Use of the Apps may be subject to further terms and conditions imposed by the App provider, the owner of the mobile operating system and/or other related parties. The above links belong to a variety of websites and not Nimble, so clicking on, and using them, will take you away from Nimble’s website meaning we’ve got no control or responsibility over the content. Nimble does not endorse and is not affiliated or associated in any way whatsoever to the businesses named in this blog post. The information contained in this article is correct at the date of publication.