Heat Pump Price List: Prices by State
Modelled price reference, last checked 6 April 2026
Modelled installed prices for heat pump hot water across 1,534 suburbs in 8 states and territories, before and after rebates. For what a system costs and what drives the price, see heat pump hot water cost.
$3,722 - $5,981 before rebates. Based on 1,534 suburbs across Australia.
Heat pump prices by state
| State | Suburbs | Avg After Rebates | Avg Before Rebates | Gas % | Lowest Suburb |
|---|---|---|---|---|---|
| Victoria | 360 | $2,176-$4,270 | $3,876-$5,970 | 75% | Roxburgh Park ($1,900) |
| New South Wales | 353 | $3,232-$5,536 | $4,082-$6,386 | 54% | Penrith ($3,050) |
| Queensland | 224 | $3,008-$5,149 | $3,508-$5,649 | 19% | Springfield ($2,900) |
| South Australia | 208 | $3,330-$5,665 | $3,830-$6,165 | 55% | Elizabeth ($3,100) |
| Australian Capital Territory | 100 | $3,376-$5,865 | $3,876-$6,365 | 68% | Canberra ($3,300) |
| Western Australia | 180 | $2,451-$4,952 | $2,951-$5,452 | 41% | Joondalup ($2,300) |
| Tasmania | 73 | $2,867-$5,055 | $3,367-$5,555 | 20% | Chigwell ($2,600) |
| Northern Territory | 36 | $3,000-$5,069 | $3,500-$5,569 | 9% | Gunn ($2,700) |
Heat pump prices by brand
| Brand | Installed Price (Before Rebates) |
|---|---|
| Midea | $2,500 - $4,100 |
| Emerald | $2,750 - $3,750 |
| iStore | $2,800 - $4,400 |
| Chromagen | $2,800 - $4,200 |
| Haier | $3,000 - $3,650 |
| Apricus | $3,000 - $3,250 |
| Rheem | $3,200 - $4,800 |
| Quantum | $3,250 - $4,450 |
| Dux | $3,300 - $3,850 |
| Stiebel Eltron | $3,500 - $5,000 |
| Rinnai | $3,900 - $7,250 |
| Daikin | $5,500 - $8,500 |
| Sanden | $6,500 - $8,000 |
| Reclaim Energy | $6,600 - $8,000 |
What the data shows
Victoria has the lowest modelled average after rebates
$2,176 - $4,270 on average after rebates, against $3,376 - $5,865 in the Australian Capital Territory, the highest.
Metro suburbs model cheaper than regional centres
Metro suburbs average $2,821 - $5,067 after rebates, regional centres $2,977 - $5,291. More installers competing in metro areas keeps prices sharper; regional jobs can carry travel costs.
Victoria has the deepest rebate stack
Victorian households can combine federal STCs ($500 - $800), the Solar Victoria rebate ($1,000 - $1,400) and a Victorian Energy Upgrades discount ($200 - $630), up to $2,830 in total.
How these prices are built
These are modelled estimates, not averages of real quotes. Each suburb figure is a fully installed price range for a typical heat pump hot water system, adjusted for metro, regional or rural location, with point-of-sale rebates (federal STCs, plus state rebates and certificate schemes where they apply) taken off for the after-rebate figure. State and national figures are averages of the suburb figures. Brand prices are installed ranges before rebates.
Last checked 6 April 2026. Your own price depends on your home, the system and the installer, so use these figures to sense-check quotes rather than as a quote. For the full cost breakdown, see heat pump hot water cost.
Cite This Data
Journalists and researchers are welcome to cite this data with attribution:
Source: PumpSwap modelled heat pump price reference, last checked 6 April 2026. pumpswap.com.au/heat-pump-hot-water/cost-indexNeed another number? Heat pump hot water key figures, each with its source and date.