eBay predicts Aussies will spend $621 million online on home improvements in 2019

With National DIY Day coming up on the 6 April, eBay has revealed that online shopping for home improvements is set to skyrocket in 2019, predicting that Aussies will spend a whopping $621 million just this year alone.
Whether they save up for it, put it on a piece of plastic or take out a low rate personal loan, one thing we know for sure is that Aussies are going wild with their home renovation projects at the moment.
eBay data unveiled a 40% increase in online shopping in the home improvement category over the past 5 years, sparked by the rise in home reno shows and the ‘generation rent’ mindset that their homes should evolve and change to reflect their life experiences.
With over 11-million Aussies on eBay a month, according to eBay Australia Trendwatcher, Julie Nestor, “Whether people are keeping up with home renovation shows or choosing to spruce up their homes rather than moving house, it’s great to see how they’re using eBay to give love to their homes.”
eBay’s top home improvement trends for 2019
Whether you’re just looking to spruce up your space with a bit of Marie-Kondo magic, or whether you’re up for the challenge of a full-scale Block-inspired home renovation, here are some of eBay’s top home improvement trends for 2019.
Space-saving spending:
With property prices still sky high, new apartment blocks seem to be popping up on every corner and Aussies are downsizing their humble abodes now more than ever.
With less storage space to work with, there’s no wonder why everyone’s making such a fuss over Marie Kondo’s declutter magic and adopting her origami-like laundry folding methods. In 2018 alone, Aussies forked out a whopping $48,000 on small space storage solutions.
Resort-inspired rattan decor:
If your last tropical holiday inspired you to spice up your house with some island-vibe decor, then you’re in luck, cause rattan is back in style! According to eBay’s data, rattan furniture sales seem to increase by about 34% each year!
Where the magic happens:
Well, well, it appears that Aussies favourite room to tweak and spruce up is the bedroom. eBay’s data revealed that over the past 12 months the highest number of homewares/interior items purchased on eBay was for the bedroom, but the kitchen closely followed being the fastest growing home improvement category on eBay.
Wages on walls:
Instead of a splash of paint Aussies are now choosing to make a splash with bold wallpapers, spending over $50,000 on them in 2018. With a yearly increase of 8%, it’s become quite clear that the wallpaper trend isn’t going away any time soon!
Now we all know that renovation costs can creep up faster than you can say ‘pass the screwdriver!’ So, here’s how you can follow eBay’s list of top home improvement trends for 2019, without hurting your wallet!
- • Set a budget: Use our super handy budget calculator to work out a solid budget for your home renovation costs and make sure you stick to it! It’s no secret that home improvement costs can get out of hand very quickly, so do make a conscious effort to follow your budget to a T.
- • Itemise your list: Write up a list of any tools or materials you’ll need to buy for your home reno project in order of priority. This way you can keep track of your purchases and avoid any unnecessary spends.
- • Look for a cheap personal loan: If you plan on funding your home reno project with a personal loan, hunt around for one with a low-rate and flexible features.
So if you’re creative home improvement juices are flowing, but your current financial situation’s holding you back, then be sure to check out our personal loan comparison table to find the right loan to fund your power project! Have a flick through our home reno guides to ensure your project runs smoothly!
Personal loan comparisons on Mozo
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Promoted

Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.76
%
p.a.
to24.03 % p.a.
- Comparison rate from
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$606
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you could qualify (other eligibility criteria may apply).
- Interest rate
-
5.76
%
p.a.
to24.03 % p.a.
- comparison rate
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$575
- Monthly fee
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$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$2,000.00
- Maximum loan amount
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$100,000.00
- Minimum loan term
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3 Years
- Maximum loan term
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7 Years
- Security required
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Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Establishment fee is added to the loan amount and interest is charged on the total amount.
- Other benefits
-
Establishment fee is $0 for customers that qualify for the lowest rate, and up to $575 for everyone else.
Read reviews and learn more about Harmoney personal loans
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Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.95
%
p.a.
to26.95 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Borrow up to $50,000 unsecured. Perfect if you earn more than $22,100 p.a. and have good to excellent credit. Multi-year winner of Mozo’s Experts Choice Unsecured Personal Loan Award, 2021, 2022, 2023, 2024 & 2025^'
- Interest rate
-
5.95
%
p.a.
to26.95 % p.a.
- comparison rate
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
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0
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$50,000.00
- Minimum loan term
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2 Years
- Maximum loan term
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7 Years
- Security required
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Unsecured
- Repayment options
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Weekly, Fortnightly
- Extra repayments allowed
-
yes
- Redraw allowed
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no
- Other restrictions
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Rates based on borrower with excellent credit score. Maximum 3 year term for loan amounts $8,000 or less.
- Other benefits
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-
Read reviews and learn more about NOW Finance personal loans
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Low Rate Personal Loan
- Exceptional Credit, $5,000 - $75,000, or up to $100,000 for eligible purposes
Go to site- Interest rate from
-
5.95
%
p.a.
to18.99 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Competitive low rates for borrowers with exceptional credit on 1-7 year loans from $5,000 up to $75,000 (or up to $100K for home improvements or car loans); no monthly account keeping fees, no exit fees and no early repayment fees. Winner of Mozo's Experts Choice Excellent Credit Unsecured Personal Loan 2024 and Excellent Credit Secured Personal Loan 2024 awards ^. Min. income of 25k after tax, to apply.
- Interest rate
-
5.95
%
p.a.
to18.99 % p.a.
- comparison rate
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$75,000.00
- Minimum loan term
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1 Year
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rate for Exceptional Credit. Upfront fee varies from 0% to 6% of the loan amount and is based on your OurMoneyMarket loan grade. The fee is added to the principal amount and paid over the loan term.
- Other benefits
-
Loan amounts up to $100,000 are available for vehicle purchase or home improvement purposes.
Read reviews and learn more about OurMoneyMarket personal loans
Go to site
-

Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.76
%
p.a.
to24.03 % p.a.
- Comparison rate from
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$606
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you could qualify (other eligibility criteria may apply).
- Interest rate
-
5.76
%
p.a.
to24.03 % p.a.
- comparison rate
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$575
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$2,000.00
- Maximum loan amount
-
$100,000.00
- Minimum loan term
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3 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Establishment fee is added to the loan amount and interest is charged on the total amount.
- Other benefits
-
Establishment fee is $0 for customers that qualify for the lowest rate, and up to $575 for everyone else.
Read reviews and learn more about Harmoney personal loans
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Debt Consolidation Loan
Go to site- Interest rate from
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5.76
%
p.a.
to24.03 % p.a.
- Comparison rate from
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$606
Roll multiple debts into one loan to streamline your finances with one set of repayments and one interest rate. Competitive fixed interest rates with no monthly or early repayment fees and flexible repayment options. Easy online application and funding in as little as 24 hours (subject to approval).
- Interest rate
-
5.76
%
p.a.
to24.03 % p.a.
- comparison rate
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$575
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
0
- Minimum loan amount
-
$2,000.00
- Maximum loan amount
-
$100,000.00
- Minimum loan term
-
3 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
-
- Other benefits
-
Establishment fee is $0 for customers that qualify for the lowest rate, and up to $575 for everyone else.
-

Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.95
%
p.a.
to26.95 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Borrow up to $50,000 unsecured. Perfect if you earn more than $22,100 p.a. and have good to excellent credit. Multi-year winner of Mozo’s Experts Choice Unsecured Personal Loan Award, 2021, 2022, 2023, 2024 & 2025^'
- Interest rate
-
5.95
%
p.a.
to26.95 % p.a.
- comparison rate
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
0
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$50,000.00
- Minimum loan term
-
2 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rates based on borrower with excellent credit score. Maximum 3 year term for loan amounts $8,000 or less.
- Other benefits
-
-
Read reviews and learn more about NOW Finance personal loans
Go to site -

Low Rate Personal Loan
- Exceptional Credit, $5,000 - $75,000, or up to $100,000 for eligible purposes
Go to site- Interest rate from
-
5.95
%
p.a.
to18.99 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Competitive low rates for borrowers with exceptional credit on 1-7 year loans from $5,000 up to $75,000 (or up to $100K for home improvements or car loans); no monthly account keeping fees, no exit fees and no early repayment fees. Winner of Mozo's Experts Choice Excellent Credit Unsecured Personal Loan 2024 and Excellent Credit Secured Personal Loan 2024 awards ^. Min. income of 25k after tax, to apply.
- Interest rate
-
5.95
%
p.a.
to18.99 % p.a.
- comparison rate
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$75,000.00
- Minimum loan term
-
1 Year
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rate for Exceptional Credit. Upfront fee varies from 0% to 6% of the loan amount and is based on your OurMoneyMarket loan grade. The fee is added to the principal amount and paid over the loan term.
- Other benefits
-
Loan amounts up to $100,000 are available for vehicle purchase or home improvement purposes.
Read reviews and learn more about OurMoneyMarket personal loans
Go to site -

Secured Personal Loan
- Exceptional Credit, $5,000-$75,000 or up to $100,000 for eligible purposes
Go to site- Interest rate from
-
5.95
%
p.a.
to18.99 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Get a secured personal loan with competitive low rates for borrowers with exceptional credit. A simple fixed interest rate that can be repaid weekly, fortnightly or monthly, over 1 to 7 years (10 years for Green Loans). Managed entirely online, at any time. No monthly account keeping fees, no exit fees and no early repayment fees. Quick and easy, 100% online application. Establishment fees apply.
- Interest rate
-
5.95
%
p.a.
to18.99 % p.a.
- comparison rate
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$75,000.00
- Minimum loan term
-
1 Year
- Maximum loan term
-
7 Years
- Security required
-
Vehicle
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rate for Exceptional Credit. Upfront fee varies from 0% to 6% of the loan amount and is based on your OurMoneyMarket loan grade. The fee is added to the principal amount and paid over the loan term.
- Other benefits
-
Loan amounts up to $100,000 are available for vehicle purchase or home improvement purposes.
Read reviews and learn more about OurMoneyMarket personal loans
Go to site -

Unsecured Personal Loan
Go to site- Interest rate from
-
6.17
%
p.a.
to21.99 % p.a.
- Comparison rate from
-
6.17
%
p.a.
to22.79 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$610
Competitive fixed rates for borrowers on 1-7 year loans from $5,000 up to $50,000. $0 monthly fees and no early repayment fees to pay. Fast application process on the Revolut app. According to Revolut and subject to loan approval, you'll receive your money into your Revolut account straight away.
- Interest rate
-
6.17
%
p.a.
to21.99 % p.a.
- comparison rate
-
6.17
%
p.a.
to22.79 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$499
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
0
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$50,000.00
- Minimum loan term
-
1 Year
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
-
- Other benefits
-
For 6 and 7 year loan terms, rates are available from Revolut on request. Establishment fees range from $0-$499, are quoted on application and added to the loan amount.
Read reviews and learn more about Revolut personal loans
Go to site -

Personal Loan
- Fixed
Go to site- Interest rate from
-
8.99
%
p.a.
to29.39 % p.a.
- Comparison rate from
-
10.11
%
p.a.
to30.29 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$636
A Latitude Personal Loan offers flexibility and control for your major purchases, debt consolidation, or renovation plans. Get a personalised rate in two minutes without impacting your credit score. You'll enjoy a fixed rate, a repayment schedule that suits your budget. Plus, for Mozo customers, the $395 establishment fee is permanently waived. Latitude offers borrowing options from $5,000 over terms of 2 to 7 years. Repayments can be weekly, fortnightly, or monthly.
- Interest rate
-
8.99
%
p.a.
to29.39 % p.a.
- comparison rate
-
10.11
%
p.a.
to30.29 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$16.50
- Exit fee
-
$0.00
- Early repayment penalty
-
$500 up until the last 3 months of the loan term.
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
-
- Minimum loan term
-
2 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured, Various, Vehicle
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
no
- Redraw allowed
-
no
- Other restrictions
-
-
- Other benefits
-
$395 Establishment fee waived. T&Cs apply.
Your selected personal loans
* WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.
^See information about the Mozo Experts Choice Personal 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.




