In 2025, home lifts continue to gain popularity in Australia as homeowners seek enhanced accessibility, convenience, and mobility solutions. Whether you’re planning for aging in place, adding luxury, or improving convenience, choosing the right home lift involves understanding the pricing landscape and key factors influencing costs.
This comprehensive guide breaks down home lift prices in Australia, compares different types, and answers frequently asked questions to help you make an informed decision.
Types of Home Lifts & Their Costs
Home Lift Cost Comparison Table
| Lift Type | Starting Price | Energy Efficiency | Space Requirements | Maintenance Costs |
|---|---|---|---|---|
| Hydraulic | $45,000 | Low | High | High |
| All-Electric Traction | $41,950 | High | Medium | Medium |
| Compact | $31,000 | Medium | Low | Low |
1. Hydraulic Home Lifts
Hydraulic lifts have been a common choice in Australian homes for years. They operate using an electronic pump that transmits hydraulic fluid to a piston, enabling vertical movement.
Pros:
- Reliable technology with a long history of use
- Strong lifting capacity
Cons:
- Requires a separate machine room, increasing space requirements
- Less energy-efficient compared to newer technologies
- Typically requires a multi-phase power supply
Cost:
- Starting from $45,000 – $50,000 for a 2-stop setup (one level)
- Price excludes lift shaft and additional building works
- Customisation options may further increase costs
2. All-Electric Traction Home Lifts
All-electric traction lifts use cables and a counterweight system to facilitate smooth and quiet vertical movement. These lifts are known for their energy efficiency and space-saving design.
Pros:
- Energy-efficient and environmentally friendly
- Quieter operation compared to hydraulic lifts
- Runs on a single-phase 10-amp power supply (reducing electricity costs)
- No need for a separate machine room
Cons:
- Typically more expensive than Compact Home Lifts
Cost:
- Starting from $41,950 for a 2-stop setup
- Some high-end models may have additional costs for customisation
Tip: Next Level Elevators specializes in all-electric traction lifts and offers competitive pricing on their Eltec Volare model.
3. Compact Home Lifts (Best Value Option)
Compact Home Lifts are an innovative and cost-effective alternative, designed with space efficiency and ease of installation in mind. These lifts operate without the need for supporting walls, hydraulic systems, or vacuum technology.
Pros:
- No separate machine room required
- Plugs into a regular power outlet (no external power packs needed)
- Compact footprint (less than 1m², ideal for small homes)
- Lower maintenance costs (all mechanical components are housed at the top)
- More affordable than hydraulic and traction lifts
Cons:
- May not support as much weight as larger hydraulic or traction lifts
Cost:
- Starting from $31,000 with minimal price variation
Factors Affecting Home Lift Prices
When considering a home lift, keep in mind:
- Number of stops (floors): More stops increase costs
- Customisation options: Materials, finishes, and features impact pricing
- Installation complexity: Structural modifications may be required
- Power supply requirements: Some lifts need multi-phase power, which adds costs
- Ongoing maintenance & servicing: Different lift types have different maintenance needs
FAQs About Home Lift Costs in Australia
1. What is the cheapest home lift option?
Compact Home Lifts are generally the most affordable, with prices starting at $31,000, offering an efficient and space-saving solution.
2. Do home lift prices include installation?
Most listed prices cover standard installation, but additional building works (such as lift shafts) may increase costs.
3. How much does maintenance cost for a home lift?
Maintenance costs vary by type:
- Hydraulic lifts: Higher maintenance due to hydraulic fluid checks
- Traction lifts: Moderate maintenance
- Compact lifts: Lower maintenance due to fewer moving parts
4. Can I install a home lift in an existing house?
Yes! Compact Home Lifts are the easiest to retrofit, requiring minimal space and no structural modifications.
5. How long does it take to install a home lift?
Installation times vary:
- Hydraulic lifts: 2–4 weeks
- Traction lifts: 2–3 weeks
- Compact lifts: 1–2 weeks
6. Do home lifts increase property value?
Yes! Home lifts add convenience and accessibility, making properties more appealing to buyers, especially those looking for aging-in-place solutions.
Why Choose Compact Home Lifts?
At Compact Home Lifts, we pride ourselves on offering the most cost-effective and space-efficient home lift solutions in Australia. Our lifts combine affordability, ease of installation, and low maintenance costs, making them the ideal choice for many homeowners. Don’t let stairs limit your mobility or future-proofing plans. Contact us today for a free, no-obligation quote and discover how a Compact Home Lift can transform your living space while keeping costs down.
Remember, investing in a home lift is not just about current needs – it’s about preparing for the future and enhancing your property’s value. Make the smart choice with Compact Home Lifts.
Contact Compact Home Lifts to learn more or book a free consultation.
