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  • Input benchmark – timber floor installation

    Businesses in this industry install solid hardwood, floating and parquetry timber floors, and prepare sites for installing timber floors.

    You may find the input benchmarks useful in calculating the expected income based on the labour and materials used. They apply to timber floor installers who work directly with household customers and who are responsible for purchasing their own materials.

    The input benchmarks have been developed with advice from the Australian Timber Flooring Association and trade participants.

    They represent the industry norm. You should consider your own personal circumstances when using the input benchmarks to assess your situation.

    These input benchmarks are current as at April 2015.

    Input benchmark guide

    The table below sets out input benchmarks for timber floor installers. It is not relevant to installers who do their own floor sanding.

    You can use this benchmark to compare and check your business performance to the timber flooring installation industry average.

    Remember that all dollar amounts are GST-inclusive and that prices charged may vary between states and regions.

    Coverage rate (square metres) for every 100 square metres of timber ordered, allowing for wastage

    90 – 95

    Cost of timber as a percentage of price charged to the customer to supply and install (varies depending on type/quality of timber installed)

    50 – 70

    Average job size (square metres)

    80

    Days to complete average job (two tradespeople)

    4 (see note 1)

    Price charged per square metre – install only

    $23 – $40

    The table below sets out the price charged per square metre – supply and install (standard and top grade timbers)

    Tongue and groove

    $65 – $140

    Parquetry

    $100 – $180

    Plywood and particle board – sub-floor preparation included

    $35 – $50

    Note 1: Add half a day for installation of skirtings for rooms of 70 square metres or more.

    Input benchmark – sales turnover

    You can use this benchmark to:

    • estimate your income
    • compare your income against the timber flooring industry average
    • check that your records accurately reflect your income.

    Remember:

    • All dollar amounts are GST-inclusive.
    • Add extra day for installation of skirtings and plywood or particle board base.
    • Refer to floor sanding and polishing benchmarks for sanding work.
    • Most timber flooring work is usually completed by two person teams; you will need to adjust the rates to your specific situation if required.
    Sales turnover – income guide for two tradespeople

    Amount of timber flooring used per year (square metres)

    4,631 – 4,889

    Square metres installed per year

    4,400

    Price charged per square metre install only

    $23 – $40

    Price charged per square metre supply and install (mid-range)

    $100 – $140

    Sales turnover range install – labour only

    $101,200 – $176,000

    Sales turnover range including materials

    $145,200 – $242,000

    Sales turnover range including supply and install (mid-range)

    $440,000 – $616,000

    Average labour charge per day
    (per tradesperson 230 – 400)

    $460 – $800

    Average job size (square metres)

    80

    Jobs completed per year

    55

    Days to complete average job

    4

    Days worked per year

    220

    Input benchmark examples

    Example 1

    Rob runs a timber floor installation business and has one subcontractor working for him. They work on household jobs only.

    Rob normally charges $110 per square metre for supply and installation of tongue and groove flooring. Rob reviews the statements from his supplier which show that he has purchased 4,700 square metres of flooring. Allowing for 5% wastage, he determines that he installed 4,465 square metres of flooring. As his price per square metre and the amount of timber installed are consistent with the benchmarks, he uses the benchmark guide to calculate that his total sales should have been $491,150.

    Rob's records show reported income of $490,000, which is within the benchmarks and close to his estimate. He is confident with his record keeping.

    End of example

    Example 2

    Tony has a timber flooring business with one employee. His work is all installation only. Tony normally charges $32 per square metre and installs around 19 square metres per day. He earns $608 per day, which is close to the benchmark.

    Checking his business records Tony finds he has recorded income of $98,500 for the year.

    Using his benchmark earnings of $608 per day Tony estimates he would have worked 162 days to earn $98,500. However, Tony has had a busy year and is sure he worked more than that.

    He reviews his quote books and finds 14 jobs where he was paid cash and he charged $34,500 for these jobs. With these additional jobs, he calculates that he worked for 218 days and he recalculates his income for the year at $133,000, which is consistent with the benchmarks.

    Tony asks his bookkeeper for advice on keeping better records.

    End of example

    See also:

      Last modified: 27 Feb 2019QC 43672