Construction Cost Table

The Construction Cost Table below is a useful guide to the cost of construction for houses and townhouses.
Choose your level of Finish e.g. Low, Medium or High and then multiply by the size choosing from the options you are interested in to find the approximate cost per square meter.

Finishes:
Low: Basic Construction, minimal fixtures and fittings
Medium: Quality construction, modern conveniences and fittings
High: Top quality and luxury fittings

HouseHouse Low Medium High
4br Brick veneer home, level block, single level, unique design $1,758 $1,848 $2,356
4br Full brick home, level block, single level, unique design $1,938 $2,242 $2,451
4br Brick veneer home, level block, two level, unique design $1,843 $2,005 $2,280
4br Full brick home, level block, two level, unique design $1,815 $1,986 $2,261
Architecturally designed executive residence $2,641 $3,449 $4,921
TownhouseTownhouse Low Medium High
2br Single level brick veneer townhouse, including allowance for common property $1,772 $2,043 $2,328
2br 2 level brick veneer townhouse, including allowance for common property $1,824 $2,081 $2,451
3br Single level brick veneer townhouse, including allowance for common property $1,753 $2,024 $2,299
3br 2 level brick veneer townhouse, including allowance for common property $1,805 $2,138 $2,461

The costs provided are an average price for typical buildings, allowing for preliminaries, builders profit and overheads. Estimated building costs only provide an indicative value of the likely cost of building within that category. While a single rate does provide a reasonable guide in many instances it should not be relied on to set a declared value or sum insured for a building. It should be regarded as a reasonable test only. There are a vast many factors which can influence the true replacement value of building.

Please note that the building cost rates do not include allowance for the following:

  • Access
  • Demolition
  • External services outside 3 metres,
  • External structures, i.e. balconies, verandahs, covered ways, carports, garages
  • Furniture and furnishings
  • Goods and Services Tax (GST)
  • Heritage issues
  • Hoardings
  • Lead time for demolition, design, approvals, tender and rebuilding
  • Legal and professional fees
  • Loose or special equipment
  • Plant and equipment not an integral part of the building
  • Regional locations
  • Site conditions
  • Special design features
  • Special fixtures, fittings, finishes
  • Zoning restrictions

Feel free to contact us for further information.