Home builders, renovators told to expect more delays, price rises

Budding home owners across regional Victoria are facing further delays in the construction of their dream houses due to supply chain disruptions and worker shortages. 

Builders are waiting about nine months for trusses and up to 16 weeks for laminated veneer lumber (LVL), one of the most widely used engineered wood products, according to Master Builders Victoria (MBV).

Stuart Allan, chair of MBV’s country sector committee, said these shortages were likely to continue into next year. 

“It’s widespread, but if we’re just talking trusses, they’re used right throughout the industry,” he said.

“We are talking with designers and engineers to try and get LVL beams as an alternative to pitch a roof with, but there is a demand for those beams as well and the supply of those beams comes from overseas.

“So now there is a shortage of those as well as; there is demand from a lot of countries [for the material].”

Building materials are in short supply as demand for new housing and renovations rise.(Unsplash)

Graeme Pilcher, the managing director of Pilcher Builders in Bendigo, said costs had been steadily increasing over the past two years.

“And it’ll be interesting to see what the rise in the price of fuel will do; it’s getting close to $2 a litre now, so that’ll impact transport and everything like that as well.”