The Biggest Renovation Trends of 2016
On this page:
Looking at updating your kitchen, bathroom or garden this year? Well here are some renovation trends to consider so your home makeover is modern, chic and most importantly a place where you want to spend time. Let us take you through the sizzling kitchen trends, hot bathroom fads, fashionable interior designs and renovation garden fazes of 2016.
Home Loan Comparison Table - last updated 24 April 2024
-
Featured Product
Mozo experts choice awards won:
- Low Cost Home Loan - 2024
Unloan Variable
Owner Occupier, LVR <80%
interest rate
comparison rate
Initial monthly repayment5.99% p.a. variable5.90% p.a.Built by CommBank, the Unloan is the first home loan with an increasing discount (conditions apply) for borrowers. No application or banking fees. No monthly account keeping or early exit fees. Apply online in minutes.
CompareCompareUnloan Variable
Built by CommBank, the Unloan is the first home loan with an increasing discount (conditions apply) for borrowers. No application or banking fees. No monthly account keeping or early exit fees. Apply online in minutes.
- interest rate
- 5.99% p.a. variable
- comparison rate
- 5.90% p.a.
- interest rate
- 5.99% p.a. variable
- comparison rate
- 5.90% p.a.
- Upfront fees
- $0
- Ongoing fees
- $0.00
- Discharge Fee
- $0.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- no
- Maximum loan to value ratio
- 80.00%
- minimum borrowing amount
- $10,000
- maximum borrowing amount
- $10,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Weekly, Fortnightly, Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Unloan Unloan Variable
-
Mozo experts choice awards won:
- Exceptional Value Home Lender - 2024
Express Home Loan
Owner Occupier, Principal & Interest, LVR <90%
interest rate
comparison rate
Initial monthly repayment6.01% p.a. variable6.14% p.a.Get fast online approval from the award-winning Bendigo Bank Express Home Loan. Multiple offset accounts and redraw available. 100% offset on variable rate loans and partial offset on fixed rate. Flexible repayment options. New home loans only.
CompareCompareExpress Home Loan
Get fast online approval from the award-winning Bendigo Bank Express Home Loan. Multiple offset accounts and redraw available. 100% offset on variable rate loans and partial offset on fixed rate. Flexible repayment options. New home loans only.
- interest rate
- 6.01% p.a. variable
- comparison rate
- 6.14% p.a.
- interest rate
- 6.01% p.a. variable
- comparison rate
- 6.14% p.a.
- Upfront fees
- $134
- Ongoing fees
- $10.00 monthly
- Discharge Fee
- $350.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- yes
- Maximum loan to value ratio
- 90.00%
- minimum borrowing amount
- $5,000
- maximum borrowing amount
- $3,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Weekly, Fortnightly, Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Bendigo Bank Express Home Loan
-
Discounted Home Value Loan
Owner Occupier, Principal & Interest, LVR 70-80%
interest rate
comparison rate
Initial monthly repayment6.09% p.a. variable6.09% p.a.Enjoy competitive rates for owner occupiers. Enjoy unlimited free extra repayments. Flexibility to redraw additional payments for free. No ongoing monthly service fee. Settlement fee waived on new borrowings from $50,000 (T&Cs apply).
CompareCompareDiscounted Home Value Loan
Enjoy competitive rates for owner occupiers. Enjoy unlimited free extra repayments. Flexibility to redraw additional payments for free. No ongoing monthly service fee. Settlement fee waived on new borrowings from $50,000 (T&Cs apply).
- interest rate
- 6.09% p.a. variable
- comparison rate
- 6.09% p.a.
- interest rate
- 6.09% p.a. variable
- comparison rate
- 6.09% p.a.
- Upfront fees
- $0
- Ongoing fees
- $0.00
- Discharge Fee
- $300.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- no
- Maximum loan to value ratio
- 80.00%
- minimum borrowing amount
- $50,000
- maximum borrowing amount
- $15,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Weekly, Fortnightly, Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the HSBC Discounted Home Value Loan
-
Basic Home Loan
Fixed, Investment, Interest Only, LVR <70%
interest rate
comparison rate
Initial monthly repayment6.49% p.a.
fixed 2 years6.56% p.a.CompareCompareBasic Home Loan
- interest rate
- 6.49% p.a.
fixed 3 years
- comparison rate
- 6.55% p.a.
- interest rate
- 6.49% p.a.
fixed 3 years
- comparison rate
- 6.55% p.a.
- Upfront fees
- $350
- Ongoing fees
- $0.00
- Discharge Fee
- $400.00
- Extra repayments
- yes - up to $10,000 p.a.
- Redraw facility
- yes - free
- Offset account
- no
- Maximum loan to value ratio
- 70.00%
- minimum borrowing amount
- $150,000
- maximum borrowing amount
- $10,000,000
- type of mortgage
- Fixed
- Repayment types
- Interest Only
- Availability
- Investor
- Repayment options
- Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Macquarie Basic Home Loan
-
Featured Product
Mozo experts choice awards won:
- Low Cost Home Loan - 2024
Unloan Variable
Investment, LVR <80%
interest rate
comparison rate
Initial monthly repayment6.29% p.a. variable6.20% p.a.Built by CommBank, the Unloan is the first home loan with an increasing discount (conditions apply) for investors. No application or banking fees. No monthly account keeping or early exit fees. Apply online in minutes.
CompareCompareUnloan Variable
Built by CommBank, the Unloan is the first home loan with an increasing discount (conditions apply) for investors. No application or banking fees. No monthly account keeping or early exit fees. Apply online in minutes.
- interest rate
- 6.29% p.a. variable
- comparison rate
- 6.20% p.a.
- interest rate
- 6.29% p.a. variable
- comparison rate
- 6.20% p.a.
- Upfront fees
- $0
- Ongoing fees
- $0.00
- Discharge Fee
- $0.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- no
- Maximum loan to value ratio
- 80.00%
- minimum borrowing amount
- $10,000
- maximum borrowing amount
- $10,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Investor
- Repayment options
- Weekly, Fortnightly, Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Unloan Unloan Variable
Your selected home loans
Your selected home loans
Your selected home loans
Your selected home loans
Your selected home loans
The Kitchen
Larger and more spacious
Gone are the poky, small kitchens that were once the trend of the 70’s and 80’s. Now just think, the bigger the kitchen in 2016 the better. This year kitchen renovations will involve knocking down walls to increase the space and by doing this is opens up the area to integrate it with the dining and living rooms.
A larger kitchen allows you to entertain and talk to guests as you cook, so you don’t miss out on conversations. Kitchens are also no longer just a place where mum and dad cook, it’s where the family sits around and chats, children do homework and even relax. Of course creating a larger and more spacious kitchen comes at a cost!
Silent and metal range hoods
If you’re going to have a spacious open-plan kitchen the last thing you want is the annoying hum of a range hood. So the experts are suggesting you choose a range hood with an external motor that can be installed on the outside of the house or in the roof. Here’s to a little piece and quiet while you cook!
Metal range hoods will also become a trend to hit kitchens in 2016, undermining wooden ones, which used to be the popular choice.
Hi-tech
I’m sure we can all admit to having some sort of device with us in the kitchen when cooking up a storm. Even if it does end up with flour or other baking products all over it! So in 2016 the kitchen will become a smart space. There will be designated spaces to store and charge your phone or tablet so they’re always at arm's reach when you need to pull up that favourite online recipe.
Light it up
Let your kitchen shine in 2016, especially if you’re putting lots of money into renovating it, why not show it off with lots of lights! Illuminate the kitchen bench with a pendant hanging from above or brighten the cabinet with lighting. Ceiling lights are merely a thing of the past.
Steam ovens
If space and budget isn’t an issue then steam ovens is a trend to watch out for this year. Microwaves are getting the flick and replaced by steam ovens that retain 80% of the food nutrients, a much smarter way to cook.
Keep it soft
When it comes to the kitchens appearance in 2016, bold, primary colours are out, replaced by soft, pastel, pallets. This colour scheme will blend seamlessly from the cabinets to the backsplashes, from the tiles to the wall.
The Bathroom
Timber trends
As we now head down the corridor into the bathroom you’ll see the use of timber emerge as a modern trend of 2016. With plenty of new timber products on the market, it will make its way into the bathroom in all different forms from wall coverings to basins and cupboards. According to interior designers, this timber trend is here to stay.
Bring in the earth
Timber isn’t the only material from the outside world making its way into the bathroom. In 2016 it’s all about the natural, earthy look in the bathroom. So also expect plenty of stone and rock on bathtubs, vanity tops and sinks.
Unwind and relax
There’s no need to spend hundreds of dollars this year on relaxing at day spas, the idea is to do it in the comfort of your own home i.e. the bathroom. The bathroom is no longer just a functional space, it’s now seen as a place to unwind and relax. Hot on the market are spa body showers and seated wash spaces. Try and renovate your bathroom so it mimics a day spa, a haven where you leave all your stresses at the door.
Mood lighting
To help create a tranquil bathroom environment, feature lighting is set to take off in 2016. This involves placing custom-made lights and pendants above the mirrors or tubs in your bathroom. Even consider dimmable ceiling lights and before you know it you’ll have your bathroom looking and feeling like a day spa.
Outsized tiles
Forget small, montage style tiles when redesigning your bathroom, they just aren’t fashionable anymore! Large, oversized tiles are predicted to be the bathroom trend this year. Not only do they create a seamless feel but they make cleaning a lot easier.
Freestanding tubs
Standalone bath tubs are a hot bathroom trend of 2016. Built-in bathtubs have fallen down the rankings in popularity. When designing your bathroom, freestanding tubs offer flexibility in terms of placement and help create that spa-like feel.
Interior Design
Turn it metallic
When it comes to jazzing up your place, think metallic and you’ll be as trendy as they come. It won’t cost an arm and leg to let your humble abode sparkle with metallic finishes such as iron vases, copper draw handles or brushed brass coffee tables.
Bring nature inside
Not all of us are fortunate enough to have a lush, green outdoor area so why not bring the outdoors in!? Accessorizing with small plant life is set to be hip and cool in 2016 so don’t be alarmed when you see plenty of portable gardens inside this year.
Make it sustainable
Sustainability is an interior design must this year. Recycling, reusing, repurposing, is all part of the art of sustainable design/environmental design. This could be in the form of the foundations of your home to the foam in your couches. Do whatever you can to make your place green and you’re on track to fit in with a big renovation trend of 2016.
Splash it with deep colours
A fresh coat of paint can go a long way with any home renovation regardless of how big or small the project is. Neutral colours are no longer the fad replaced this year by deep, moody shades, according to Dulux. Purples and dark blues are the forecast, contrasted by flashes of red and pink.
The Garden
Minimize
Less is more! Overcrowded, extravagant gardens are a fad of the past. Keep your garden renovation subtle and simple.
Monochrome colours
Black, grey and white are the trending garden colours of 2016. For an extra flair add a feature colour into the design. Neutral colours also apply to plant trends and while this may sound dull it’s visually effective and spectacular.
Night lighting
A common trend we’ll see emerge this year from the inside of the house through to the garden is additional lighting. Why not admire your new garden at night by lighting it up?
Vertical veggie gardens
Nothing beats growing your own fresh produce. Designing a vertical veggie garden is clever, doesn’t take up too much space, hides an ugly fence and just as importantly it also looks trendy.
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.
^See information about the Mozo Experts Choice Home Loan Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.