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How to Choose the Right Lift for Your Home or Building

Four lift categories, dozens of models, and a price range from $3,000 to $200,000+. This decision guide cuts through the options so you can match the right lift type to your situation.

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Published 6 April 20266 min readReviewed by LiftQuotes editorial team

Choosing a lift starts with two questions: where is it going, and who is it for? A homeowner adding a lift to a two-storey house faces a completely different set of decisions to a strata committee upgrading a 1980s commercial building — different standards, different cost drivers, different suppliers.

This guide walks through the decision by situation. Whether you are building new, retrofitting an older home, solving an accessibility need, or specifying a lift for a commercial project, the logic is the same: match the lift category to your requirements, then narrow by cost, space, and compliance.

Start with your situation, not the product

The biggest mistake buyers make is browsing lift models before defining what they actually need. A hydraulic home lift and a pneumatic vacuum lift are both "home lifts" — but they suit very different houses, budgets, and mobility requirements. Start with the situation.

New build residential: If you are building a new home, you have the most flexibility. A shaft can be designed into the floor plan from the start, which keeps building works costs down and opens up every home lift type. Read our home lifts guide for the full breakdown of options.

Retrofit residential: Adding a lift to an existing house is more constrained. Space, structural capacity, and access for installation all affect which lift types are feasible. Compact options like pneumatic vacuum lifts and through-floor lifts work well where shaft space is limited. Our home lift space requirements guide covers the minimum footprints for each type.

Decision flowchart showing how to choose between stairlift, platform lift, home lift, and commercial lift based on setting, floors, and budget

Accessibility: home lift or platform lift?

If the primary driver is wheelchair access or a change in mobility, the decision narrows to two categories: home lifts and platform lifts. The key differences are travel height, cabin size, and cost.

A platform lift handles 1–2 levels of travel at lower cost and with less structural work. It suits split-level homes, deck access, and commercial DDA compliance. A home lift handles up to 4 floors and offers a larger cabin — better for long-term ageing in place where a stretcher or larger wheelchair may eventually be needed.

For a direct comparison, see our home lift vs platform lift analysis. If budget is the primary constraint and wheelchair transport is not required, a stairlift may be the better fit — at a fraction of the cost.

Commercial buildings: compliance drives the decision

For commercial lifts, the starting point is not budget — it is the National Construction Code. NCC Volume One specifies when a lift is required based on building class, number of storeys, and access provisions under the Premises Standards 2010.

The type of commercial lift (passenger, goods, hospital/stretcher) is determined by the building's function and expected traffic. A 4-storey office building has different requirements to a hospital or a retail centre. For cost guidance, see our commercial lift cost breakdown.

Commercial lift selection also involves choosing between global OEMs (Schindler, KONE, Otis, TK Elevator) and regional specialists. Each has trade-offs in pricing, lead time, maintenance support, and parts availability.

Cost: the five factors that matter most

Lift cost varies enormously — from $3,000 for a straight stairlift to $200,000+ for a high-rise commercial passenger lift. Five factors drive most of the variation:

  1. Lift type and category — the single biggest factor. See our complete lift cost guide for ranges across all categories.
  2. Number of stops — each additional floor adds $3,000–$8,000 for residential lifts.
  3. Building works — shaft construction, pit excavation, and structural reinforcement. This is the cost component that surprises most buyers, often adding $8,000–$25,000 to a home lift project.
  4. New build vs retrofit — retrofitting typically costs 20–40% more than integrating a lift into a new build.
  5. Finishes and features — glass panels, automatic doors, and premium cabin finishes push costs toward the top of each range.

All cost figures are indicative, ex GST. As of Q2 2026, these ranges reflect published guides and supplier-stated pricing. Your specific situation will vary — which is why getting quotes from multiple installers matters.

Modern Australian home interior with residential lift installation visible through glass panels

The right lift is the one that matches your building, your mobility needs, your budget, and your timeline. Use the decision paths above to narrow the category, then get free quotes from installers who serve your area.

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Home lifts

Designed for private residences with two or more storeys. Covered by AS/NZS 1735.18:2002. Typical cost range: $20,000–$70,000 installed. Best for homeowners planning ahead or retrofitting for ageing in place.

Platform lifts

Low-rise vertical transport for 1–2 levels, built to AS 1735.14. Ideal for wheelchair access and DDA compliance. Typical cost: $15,000–$45,000. Requires minimal structural work compared to a full shaft lift.

Stairlifts

Rail-mounted chair that travels along an existing staircase. No shaft, no pit, no structural work. Cost: $3,000–$15,000. Best for single users who can transfer from a wheelchair to a seat.

Commercial lifts

Passenger and goods lifts for multi-storey commercial, strata, and public buildings. Must comply with NCC Volume One and relevant AS 1735 standards. Cost: $50,000–$200,000+ per lift depending on building height and capacity.

Common questions about choosing a lift

Yes — a lift adds genuine value to a multi-storey home, particularly for ageing in place. It removes the single biggest barrier to staying in a two-storey house long-term. A well-installed home lift can also improve resale value, especially in markets where multi-generational living is common. The key is ensuring the lift was professionally installed and has a current maintenance contract.

There is no single best brand — it depends on the category. For home lifts, Liftronic, Easy Living Home Elevators, and West Coast Elevators are well-regarded Australian-market specialists. For commercial lifts, the global OEMs — Schindler, KONE, Otis, and TK Elevator — dominate. The best approach is to get quotes from 2–3 suppliers and compare on warranty, maintenance terms, and lead time, not just price.

A lift moves people or goods vertically in an enclosed cabin between floors. An escalator is a moving staircase that transports people continuously between two levels. Lifts are required for wheelchair access and DDA compliance in commercial buildings. Escalators are typically used in high-traffic retail and transport environments where continuous flow matters more than accessibility.

Start with three questions: how many floors do you need to travel, does anyone in the household use a wheelchair, and is this a new build or a retrofit? A two-storey new build has the widest range of options. A retrofit into an existing home may be limited by available space and structural capacity. Our decision guide above walks through each scenario to the right lift type.

For a standard two-storey house, a home lift or platform lift are the most common choices. If wheelchair access is needed, a platform lift (from around $15,000) or a cabin-style home lift ($20,000–$70,000) with a wheelchair-sized cabin is the right fit. If wheelchair access is not required, a stairlift ($3,000–$15,000) is the most cost-effective option. Space and budget are the deciding factors.

A platform lift is designed for low-rise travel — typically 1–2 levels — with lower cost and less structural work. A home lift handles up to 4 floors, offers a larger cabin, and feels more like a conventional lift. Choose a platform lift if you need wheelchair access over a short rise and want to minimise cost and building works. Choose a home lift if you need multi-floor travel or want a larger, fully enclosed cabin.

Ask about total installed cost (not just the lift price — include building works, electrical, and compliance), warranty length and what it covers, ongoing maintenance contract options and cost, expected lead time from order to commissioning, and who is responsible for council approvals and building certification. Also ask whether the quoted price is ex or inc GST, and request at least two references from recent installations similar to yours.

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