Construction Costs

Discussion in 'Development' started by JohnPropChat, 25th Nov, 2015.

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  1. JohnPropChat

    JohnPropChat Well-Known Member

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    Was wondering how construction costs and build times are in various states.

    In WA:
    Siteworks: $8k to $20k
    Cookie cutter 3x2: $150k+
    Cookie cutter 4x2: $200k+
    Average completion time: 9+ months

    A lot depends on the builder and if it's a unit development.
     
    JohnPropChat, 25th Nov, 2015
    #1
  2. Big Will

    Big Will Well-Known Member

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    $10,000-$20,000 per square for build cost, depending on finish.
     
    Big Will, 25th Nov, 2015
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  3. D.T.

    D.T. Specialist Property Manager Business Member

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    SA

    Subdivision into 2 torrens titles is 20k-25k including water, council, DA, contributions, etc

    Single story 3x2 is about 165k including all the siteworks, construction, finishings, etc
     
    D.T., 25th Nov, 2015
    #3
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  4. skuzy

    skuzy Well-Known Member

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    interested in sydney....
     
    skuzy, 25th Nov, 2015
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  5. JohnPropChat

    JohnPropChat Well-Known Member

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    Is it double brick or some other type of construction? $165k turn key is not bad.
     
    JohnPropChat, 25th Nov, 2015
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  6. sash

    sash Well-Known Member

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    In Melbourne a mid spec build on a 17 sq 3x2x2 turnkey costs about 176-185k

    On a 19 sq 4x2x2 (1 living) is about 185-200k
     
    sash, 25th Nov, 2015
    #6
  7. Big Daddy

    Big Daddy Well-Known Member

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    Pretty good numbers
    I think 3x2 is about 170k. Unless this is 3x2 with no theatre no study and very basic fitout
     
    Big Daddy, 25th Nov, 2015
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  8. D.T.

    D.T. Specialist Property Manager Business Member

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    Brick veneer.

    Only WA is the only state dumb enough to do double brick :)
     
    D.T., 25th Nov, 2015
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  9. JohnPropChat

    JohnPropChat Well-Known Member

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    You know the golden rule. If you have the gold you make the rules. Buyers here insist on double brick and view anything else as second tier irrespective of merit.
     
    JohnPropChat, 25th Nov, 2015
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  10. Joshwaaaa

    Joshwaaaa Well-Known Member

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    Which is silly.


    3x2x1 single story 155sqm incl garage in SA. $133,000. Since spent $18,000 on finishing driveway, landscape, pergola, storm water etc
     
    Joshwaaaa, 25th Nov, 2015
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  11. JohnPropChat

    JohnPropChat Well-Known Member

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    Future should be pre-fab homes, if we can get costs down to a reasonable number.
     
    JohnPropChat, 26th Nov, 2015
    #11
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