How Much Does a Residential Lift Cost?

Wondering how much residential lifts cost in Australia? If you’re looking to invest in a house elevator, you’ve come to the right place. There are plenty of reasons why you might be looking to get a lift, but how do you choose the right one? The costs of lifts actually vary a lot because there are so many options and variables to consider. Depending on different factors, you can anticipate paying anything from $18,000 to $100,000. We give a breakdown of the different types and what you can expect to pay for your home elevator. 


What Are The Different Types of Residential Elevators?

A domestic lift can improve your quality of life. From making it easier to move around in a multi-story building to providing peace of mind knowing that you have support if you or a family member or friend has mobility issues. A lift can also make moving groceries, luggage or furniture much easier.


Types of Elevator Run Systems

From the different lift drive systems to styles and finishes, here’s a rundown of the various types of lifts you can consider for your home.


Hydraulic Elevators 

This type of lift operates using a sling or arm that lifts the cab to push it up. Then, a controller releases the piston cylinder pressure to drop the cab again. Generally, these lifts are better for high-traffic areas as they have a high weight-bearing capacity and are great for wheelchairs as they have ample space. They’re also whisper-quiet! 


Pneumatic Vacuum Elevators 

These elevators rely on air pressure to move up and down. It has a vacuum pump that reduces the air pressure above the cab, pushing it up, Pneumatic Vacuum Elevators equalise the pressure above and below the cab when reaching their destination, travelling back using gravity. 


Different Lift Styles 

Other than their drive systems, another thing to consider is which lift style you prefer. From your conventional elevators to your more luxurious modern lifts, here’s a quick overview.


Classic Lifts 

The Classic Lift is practical, one of the more compact lifts, and a great budget-friendly option. The design of the Classic Lift is sleek and modernistic.


Sovereign Lifts 

The Sovereign Lift is one of the most attractive and captivating home lifts on the market. This model of lift also provides plenty of flexibility with bespoke design finishes and customisation options.. 


Royal Lift 

The Royal Lift is the pinnacle of home lifts with automatic sliding doors. It is extremely smooth, quiet and reliable by design. When a luxurious standard of lift is required, the Royal Lift is first choice. 


Jewel Lift 

The powerful Jewel Lift combines superior engineering and design for a beautiful, performance-driven solution. This lift boasts the power of a commercial lift for those wanting to incorporate impressive innovation into their project. 


Round Panoramic Lift 

The Round Panoramic Lift is a top-of-the-range choice. This lift will elevate the architectural appeal of your property and will add an instant wow factor to your project. The fully transparent nature of the lift creates a state-of-the-art feature, allowing riders to enjoy the view while they travel.  


What Should You Consider When Choosing Your Lift?

There are plenty of benefits to upgrading your home with an elevator. From making your home more comfortable to upping its selling price, retrofitting a residential lift into your existing home improves its potential.

Factors that influence your home elevator’s cost include the weight and size, how far the lift has to travel, and the different materials and features you opt for.

Generally, if you’re looking to install or retrofit a residential lift for a single person, it can cost approximately $18,000, whereas a lift for two people can cost around $25,000. Increase that to three people, and your cost rises to approximately $30,000. 


Home Lift Prices Australia: What is The Average Price of a Lift?

Wondering how much do residential lifts cost in Australia? Well, the average home lift’s price in Australia is generally around $30,000. 

However, the lift price price will depend on a number of factors. The installation process will also influence the cost of your elevator. For example, if certain refurbishments have to be made, such as moving your plumbing, for example. Furthermore, the preferred location of your elevator can also influence the cost. However, before you commit to a choice, you can request a free brochure to give you a good indication of what to expect. 


How Much Does it Cost to Put an Elevator in a Two-Storey House?

How far your lift has to travel will impact the overall cost. Therefore, a two-storey house’s residential lift will cost less than, for example, a three-storey building. 

Whether you’re retrofitting (installing in an existing building) or installing your residential lift in a brand-new building as part of your building plans will also influence the cost. Often, installing in new homes will work out cheaper because there are fewer maintenance costs and hurdles than in existing buildings. 


So Then, What is The Cheapest Home Elevator?

If you’re budget-conscious, a simple option like the Classic Home Lift is a good choice. Hydraulic lifts are also generally a bit cheaper. 


Melbourne Home Elevators: Who Can Help with Your Residential Lift Needs? 

Whether you are searching for a compact lift for a small home, or a more luxurious lift for your forever home, look no further than Platinum Elevators.

We pride ourselves on a smooth process from start to finish. And you’ll work with a dedicated project manager to oversee everything. Our project manager will provide their expert input on the best finishes to suit your individual needs, they will conduct tests and checks and show you exactly how to operate your new lift.

Contact us today, and let’s get your home upgraded.



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