How to charge what you're worth as an Aussie tradie

How to charge what you're worth as an Aussie tradie

As a self-employed tradesman in Australia, setting the right price for your services can be a tricky task. You want to make sure you're charging enough to cover your costs and make a profit, but at the same time, you don't want to price yourself out of the market. Here are a few tips to help you set the right price for your services:

  1. Understand your costs: The first step in setting the right price for your services is understanding your costs. According to data from the Australian Bureau of Statistics (ABS), the average cost of materials and equipment for tradesmen in Australia is around $20,000 per year. Additionally, the ABS reports that the average cost of transportation and insurance for tradesmen is around $10,000 per year. Once you have a clear understanding of your costs, you can use this information to set a base price for your services.

  2. Consider the competition: It's important to have a good understanding of what other tradesmen in your area are charging for similar services. According to data from the ABS, the average hourly rate for tradesmen in Australia is around $40 per hour. However, this can vary depending on the specific trade and location. This will give you an idea of what the market will bear and help you avoid pricing yourself too high or too low.

  3. Factor in your expertise and experience: Your level of expertise and experience should also be considered when setting your prices. According to a survey conducted by the Master Builders Association, tradesmen with more than 10 years of experience can charge up to 20% more than those with less experience. If you're a highly skilled tradesman with many years of experience, you can charge more than someone who is just starting out.

  4. Be transparent with your pricing: When setting your prices, it's important to be transparent with your customers. According to a survey conducted by the Housing Industry Association, transparency in pricing is one of the most important factors for customers when choosing a tradesman. Be upfront about what is included in the price and any additional costs that may be incurred.

  5. Be willing to negotiate: Lastly, be open to negotiation. According to data from the ABS, around 30% of tradesmen in Australia report that they are willing to negotiate on price. Sometimes, customers may be willing to pay more for extra services or to have the work done on a tighter schedule.

Use the code BLOG20 to save 20% off your order!

By understanding your costs, considering the competition, factoring in your expertise and experience, being transparent with your pricing, and being open to negotiation, you can set the right price for your services and attract more customers.

Got something to share or ask? Head over to the Blokes Advice Facebook Group and share it with 1/4 million Aussie guys.

Maybe you need a little more than a laugh and some bloke on bloke advice? Blokes Advice is also a platform to connect blokes to talk about the tougher things in life. Check out our Seeking Help page for more information on making yourself a happier and better you.

Back to blog
  • This Is Better Bloke

    This Is Better Bloke

    The Better Bloke Project is a registered Australian charity dedicated to promoting mental & physical well-being among Australian men.

    This Is Better Bloke

    The Better Bloke Project is a registered Australian charity dedicated to promoting mental & physical well-being among Australian men.

  • The Best of Better Bloke: Top 8 Episodes of 2024

    The Best of Better Bloke: Top 8 Episodes of 2024

    As 2024 comes to a close, we’re taking a moment to reflect on the incredible conversations we’ve had on the Better Bloke Podcast. From inspiring personal journeys to game-changing insights,...

    The Best of Better Bloke: Top 8 Episodes of 2024

    As 2024 comes to a close, we’re taking a moment to reflect on the incredible conversations we’ve had on the Better Bloke Podcast. From inspiring personal journeys to game-changing insights,...

  • We're Heading To Summernats

    We're Heading To Summernats

    Summernats is around the corner, and you better believe the Blokes Advice crew will be there, loud and proud, soaking up everything Nats has to offer! Here’s the go: Find...

    We're Heading To Summernats

    Summernats is around the corner, and you better believe the Blokes Advice crew will be there, loud and proud, soaking up everything Nats has to offer! Here’s the go: Find...

  • Meet Gout Gout: Australia’s Lightning Fast Future

    Meet Gout Gout: Australia’s Lightning Fast Future

    At just 16 years old, Gout Gout is already making waves in the world of sprinting, and for good reason. Hailing from Australia, this young fella is breaking records...

    Meet Gout Gout: Australia’s Lightning Fast Future

    At just 16 years old, Gout Gout is already making waves in the world of sprinting, and for good reason. Hailing from Australia, this young fella is breaking records...

1 of 4