Aussies can save hundreds as IKEA invest millions of dollars to cut prices on mattresses, sofas, wardrobes and everyday essentials

Australians looking to refresh their homes could save hundreds of dollars as IKEA announces major price cuts across hundreds of products, including mattresses, sofas, wardrobes, dining furniture and everyday household essentials.

The affordability push is part of a $26 million investment by IKEA Australia to help customers stretch their budgets further, with the first wave delivering lower prices on 144 products across the range.

For shoppers, the potential savings on offer are significant. A queen mattress is now $200 cheaper, a popular three-seat sofa is down by $150 and everyday products including hangers, baskets and kitchen essentials have also been reduced.

With interest rates rising and households continuing to keep a close eye on spending, IKEA says it wants Australians to be able to create a comfortable, functional home without paying more than they need to.

"Australians continue to look for ways to make their money go further, and that includes when they're furnishing their homes," said IKEA Australia Country Growth and Marketing Manager Artsiom Tsalko.

"We know our customers are being more thoughtful with their spending, so we're investing heavily to make some of our most loved products more affordable.

"Whether you're moving house, setting up a nursery, upgrading your mattress or creating a better work-from-home space, we want great design and quality to remain accessible."

What are the biggest savings for consumers at IKEA?

Some of the standout price reductions include:

• ÅBYGDA Queen Foam Mattress WAS: $699 NOW: $499 SAVE: $200
• VIMLE 3-Seat Sofa WAS: $1,049 NOW: $899 SAVE: $150
• PAX/TYSSEDAL Wardrobe Combination WAS: $1,415 NOW: $1,295 SAVE: $120
• TONSTAD Dining Table WAS: $699.99 NOW: $599.99 SAVE: $100 
• MARKUS Office Chair WAS: $249 NOW: $199 SAVE: $50
• RISATORP Basket WAS: $9 NOW: $6.99
• BUMERANG Hangers WAS: $7.99 NOW: $6.99
• KONCIS Roasting Tin WAS: $9.99 NOW: $6.99

The price reductions focus on essential products from each area of the home – perfect for families setting up a new space, renters moving into a first apartment or homeowners tackling a long-overdue refresh - the lower prices could make a meaningful difference.

The products our customers love!

In addition to identifying the most valuable items for any home, IKEA has also listened to its customers and invested into items with the highest ratings and most positive feedback. These include:

• SKUBB hanging shoe organiser - 4.9 stars from 28 reviews: WAS: $11.99 NOW: $7.99 SAVE: $4
  • Blaise – 5 Stars - “Creates so much room in my closet: Great to store all of my (many) shoes. Each pocket is the perfect size and it has been so helpful.”
    
    
• TJUSIG hanger - 4.5 stars from 679 reviews: WAS: $20.00 NOW: $14.99 SAVE: $5.01
  • Travy – 5 stars - “Easy to install, functional and holds a good amount of weight: Used in our entry way. Sleek, functional easy to install, holds a good amount, so happy went back and purchased another one.”
    
    
• EKLATANT jar with lid - 4.7 stars from 697 reviews: WAS: $11.99 NOW: $9.99 SAVE:  
  • Mariana – 5 Stars - “Glass is better than plastic: I use these jars for my smoothies ingredients, they are perfect size and I love the bamboo lids. Easy to clean and they are pretty 🤩”
    
    
• VESKEN trolley – 4.5 stars from 3478 reviews: WAS: $11.99 NOW: $9.99 SAVE: $2.00
  
  • Cassandra – 5 Stars - “So practical: Keeps everything neat and tidy in the shower and doesn’t matter if it gets wet.”
    
    
• CHILISTRÅN hanging planter – 4.8 stars from 443 reviews: WAS: $25.00 NOW: $19.99 SAVE: $5.01
  • 4.8 stars from 443 reviews
  • Margaret: “Attractive hanging pot: Look great with a Fejka hanging plant in them. Brightens up any room.”
    
    
• BLÄDDRA box – 4.5 stars from 125 reviews: WAS: $25.99 NOW: $17.99 SAVE: $8.00
  • Vicki – 5 Stars - “Good design and super functional: Easy to assemble and a good size. Fits perfectly within the Kallax.”  

Is IKEA lowering its prices for a limited time only?

Unlike limited-time discounts, IKEA says these new lower prices are everyday lower prices, designed to make home furnishings more affordable for the many people.

"We believe everyone deserves a home they love, regardless of budget," said Tsalko.

"Our focus is on lowering prices where it matters most and helping Australians create better everyday living at home."