How Much Does It Cost to Replace a Hot Water System in Australia (2026)?

Quick Answer

Hot water system replacement costs $1,200–$4,500+ fully installed. Electric storage: $1,200–$2,200. Gas storage: $1,500–$3,000. Gas instantaneous: $1,800–$3,200. Heat pump: $3,000–$4,500. Solar: $3,500–$7,000.

Hot Water System Costs by Type (2026)

TypeUnit CostInstall CostTotal
Electric Storage (250L)$700–$1,200$500–$1,000$1,200–$2,200
Gas Storage (170L)$900–$1,600$600–$1,400$1,500–$3,000
Gas Instantaneous (26L/min)$1,000–$1,800$800–$1,400$1,800–$3,200
Heat Pump (270L)$2,000–$3,000$1,000–$1,500$3,000–$4,500
Solar (Flat Plate + Tank)$2,500–$4,500$1,000–$2,500$3,500–$7,000

What Affects the Price?

Compliance Requirements

Hot water system replacement is notifiable work in QLD — you must lodge a Form 7 Compliance Certificate. Gas installations also require compliance with AS/NZS 5601.1 and a gas compliance certificate.

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