Are you considering digging a ditch, expanding your construction site or project, or simply removing unwanted soil? You know that you’ll need an excavator, which is a powerful and versatile machine that can be used to perform heavy-duty earthmoving tasks with speed and precision (provided the operator has the necessary skill set). But you might be wondering what your bottom line will be after you make the choice for one of these diggers for your project – as well as if the one you chose was the right choice in the end.

That's why, in this blog post, we’ll take a look at some of the most frequently asked questions about the cost of hiring an excavator in Australia to help ensure that you're able to budget accordingly for your next job.

How much does it cost to hire a mini excavator?

Mini excavators are popular choices for small-scale projects, or when it’s important to manoeuvre around tight or confined spaces. Since mini excavators are smaller and usually used for home DIY or smaller commercial jobs, the cost of hiring a mini excavator in Australia is typically cheaper, and usually ranges from $180 to $300 per day. 

It’s important to note, however, that factors that might influence this price include the machine's size, age, the attachments needed alongside it, the total duration of hire, and any additional fees for delivery, fuel, or insurance. Remember too that prices may vary depending on the location of the job site and the specific rental company you’re dealing with.

How much does it cost to hire a large excavator?

When it comes to hiring a large excavator in Australia, the typical cost can vary depending on several factors. Generally, the price range for hiring a large excavator is between $500 and $1,500 per day. However, it's important to note that this is a rough estimate, and the final cost will depend on various considerations. 



Factors that can influence the hiring cost include the size and horsepower of the excavator, its capabilities and attachments, the age of the machine, the duration of the rental period, and any additional charges for transportation, fuel, or insurance. Moreover, regional variations and different rental providers may also affect the pricing. This is why it's usually advisable to contact local rental companies and discuss your specific project requirements to obtain accurate quotes, and to ensure that a suitable and properly-sized excavator is available within your budget.

Is it cheaper to wet or dry hire an excavator?

Wet hire refers to hiring an excavator with an operator, while dry hire involves renting the machine alone, without an operator. The choice between wet and dry hire depends on the nature of your project, your expertise in operating an excavator, and your budget, with wet hire typically incurring higher costs since it includes the operator's wages, which can range from $60 to $100 per hour. 



Dry hire is more frequently the more cost-effective option, especially if you or someone on your team is skilled in operating the equipment. But remember, it’s important to keep in mind the costs associated with delays or on-site breakdowns if you use the machinery incorrectly.

Does it cost more to buy an excavator or hire one long-term?

Deciding between buying an excavator or hiring one long-term depends on the frequency and duration of your projects. Purchasing an excavator involves a significant upfront investment ranging from tens of thousands to hundreds of thousands of dollars. Additionally, you would be responsible for maintenance, storage, and potential depreciation costs. 

On the other hand, hiring an excavator long-term offers flexibility and avoids the initial capital outlay, allowing you to allocate funds to other project needs. You should also evaluate the long-term costs and benefits of each option based on the specific circumstances of your project, such as the terrain of your job site, your total budget, and the operators you’re working with, as well as other variable factors.

Is there anything else I should know about hiring the right excavator for my project?

When selecting the right excavator for your project, it’s a good choice to always keep in mind the following factors: