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Wood Hater Installation Cost

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Example interest rate

6.25 %

Comparison rate3

7.64 %

Total charges


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Disclaimer: This calculator provides an estimate only and a comparison rate based on the example information provided. Other fees, costs and charges are not included. This calculation is not an offer for credit. The amount you can borrow may vary once you complete a loan application and all the details relevant to our lending criteria are captured and verified. Any calculations made by you using this calculator is intended as a guide only.

Wood Heater Installation Cost

Curious about how much a wood heater installation cost might be, and whether having a wood fireplace is worth including in your home renovation costs?

Wood heaters are fast becoming one of the most popular additions to homes across Australia. There’s nothing quite like the ambient heat and comforting wood smell that you get from flames dancing in combustion stoves in winter. But wood fireplaces aren’t just about charm and style.

Wood heaters utilise sustainable, renewable fuel sources. Combined with modern home design efficiencies and insulation standards, a wood fireplace can be an economical choice - particularly when considering the increasingly expensive price of gas and electricity. They’re also a fantastic outdoor feature, so you might consider incorporating a unit in your patio cost or veranda cost - just don’t forget to budget for the backyard paving that will need to go underneath it!

When working out your wood heater installation cost, it’s important to note that not every unit is built the same and won’t work as well in every home or space. 

While your interior decorating dreams might call for a sleek, resort-style hanging fireplace, the number of storeys or roof design of your home may not support this design. Similarly, a freestanding combustion stove may require a chimney, flue, or vent, which is not possible in your preferred room due to the existing wall materials or smoke proximity to your neighbours. 

There are two basic types of freestanding wood heater design in Australia: radiant and convection, the latter of which can also be fan-forced. Other styles include in-built heaters (built into your home’s specific, heat-sensitive wall), insert heaters (which you install directly into an existing masonry fireplace), and pellet heaters for larger spaces. 

To make sure you get the most heat-efficient unit for your home at a competitive fireplace installation cost, we recommend that you chat with multiple professional wood fireplace installers and get a range of quotes. Be sure that your quotes encompass all renovations and materials needed to install your new fireplace in accordance with safety standards, as well as labour and clean-up.

1. How to apply for a loan to cover the cost of installing wood heaters?

Applying for MoneyMe home improvement loans to cover your wood heater installation cost is easy.

We offer speedy online approval for unsecured personal loans at competitive variable interest rates between $2,100 and $50,000. Our online application process is 100% paper-free for loan amounts up to $50,000 and can take as little as 3 minutes to complete.  

Depending on who you bank with, you could have cash in your bank account the same day you sign your loan contract - meaning your home will be warm and welcoming in next to no time with your new fireplace.

To apply for a MoneyMe loan for your fireplace installation cost or to fund other home renovations like a kitchen upgrade or new bathroom cost, you’ll need to be at least 18 years old, currently employed, and an Australian citizen or resident for tax purposes. You can apply via our website (just click ‘Apply Now’) or from your mobile phone or other device by using the MoneyMe app. 

We’ll ask you how much you’d like us to lend you for your fireplace and over what period of time. Once we know that, you’ll just need to tell us about your employment and income, daily expenditure, and any liabilities, savings, and assets. 

When applying for a loan to cover your wood heater installation cost, you’ll first need to calculate how much you need to borrow. To do this, you’ll need to account for the price of:

  • Your combustion stove, gas fireplace or electric fireplace - and accompanying components like chimney, flue, gas fittings etc.

  • Safety materials, including smoke detectors and hearth tiles or floor and wall protector materials.

  • Fireplace installation costs, including labour for any renovations which need to be done to the room and roof prior to install, and clean-up.

  • Professional Safety Certification of the installed fireplace, to ensure your personal safety, that of your home, and importantly, to ensure your home and contents insurance remains valid through compliance to industry standards.


We also strongly recommend building a contingency into your wood heater installation cost budget for unexpected costs. Installing a chimney or removing wall coverings can uncover all sorts of structural defects, and it’s a good idea to have the cash handy to accommodate unexpected materials or labour costs to fix them.


2. How is the loan amount calculated?

Once you know how much you’d like to borrow to fund your wood heater installation cost, visit us online or via the MoneyMe App and hit ‘Apply Now’. 

MoneyMe believes in responsible lending. We consider each loan request individually and utilise the information you give us, along with the latest lending technology, to ensure our assessments are fair and transparent. 

We consider any current liabilities such as any other existing debts such as other loans or credit cards, your daily expenses, and your income and employment history. Combined with your credit profile, this gives us an accurate picture of your current borrowing capacity, including accounting for contingencies and allows us to craft a personalised loan.

We offer you the best loan and interest rate for your circumstances to ensure you don’t experience financial duress by borrowing more than you can comfortably afford to pay back. 

Turn your dream wood fireplace into reality with MoneyMe personal loans. If you'd like to get more ideas on how a personal loan can help you with your next home improvement project, be sure to view the range of mini-episodes of DVine Living hosted by Dale Vine on MoneyMe's DVine Living page.

Our customers

Wood Hater Installation Cost

Unbelievably easy finance when I needed it the most. A huge thank you from me and as a returning customer I know that I am getting a fair deal.

After 5 to 10 minutes of filling up my application, my loan has been approved and the money was in my bank account. I had a great experience that is why I'm giving them a 5-star rating. Excellent service. Thank you very much, MoneyMe.

Amazing through and through. MoneyMe helped me out when no one else would and they have been a delight to deal with. I 100% recommend their service. They're an absolute joy to deal with!


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Transparent and
simple pricing

Interest rate

6.25 %
to 19.95 %

Comparison rate*

7.64 %
to 21.32 %

Establishment fee

$295 for loans between $2,100 and $5,000

$395 for loans between $5,001 and $15,000

$495 for loans between $15,001 and $50,000

Monthly fee


Loan terms

Minimum 1 year

Maximum 5 years

Early exit fees


*This comparison rate is based on an unsecured personal loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. A $495 establishment fee and $10 monthly fee applies.

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