How can we help you?

    When are you looking to build?

    Are you looking to build for investment purposes or for owner-occupied residence?

    How did you hear about us?



    How much does it cost to do a new build? | Your questions answered

    October 27, 2020  

    While it’s impossible to be completely prescriptive about a new-build’s cost, there are some ballpark figures we can apply, to give you a guide as to how much it may cost you to build a property.

    First, it’s important to know the different factors that can impact the cost of building a house. These include the following (but aren’t limited to):

    • The size of the dwelling
    • The location and availability of resources the slope of the land
    • The quality of the fixtures and fittings

    Labour and material costs vary State to State, and even within each state, metro to rural; sometimes even between adjacent postcodes. New house builds are measured by dollar per square metre. So take your dream floorplan, and multiply its square meterage by $1500 for a basic build, and about $300 more for medium. Obviously, for a high-end home with custom-design finishes and tailored design, you can expect to pay much more – anything from $1800 to $3000 per square metre and up.

    Using that equation, and taking Sydney as an example, here are some ballpark figures for new builds. The starting price for a 3-bedroom home is $190,000 and $210,000 for a 4-bedroom home. For a turnkey package, add approximately $50,000, subject to site conditions.

    Every property has its own unique benefits and challenges, so the above is to be taken as a rough indicator only. If you want a clearer financial picture of what building your forever home would cost, sit down with our design team and let’s make that dream a reality.

    Related Posts

    Subdividing property | How to identify if you can subdivide your property

    January 15, 2021  
    Subdividing property is a great way to increase a return on your investment. That said, it can be risky if you

    Low Rise Housing Diversity Code | How the new code can help turn the average person into a developer

    August 31, 2020  
    The Low Rise Housing Diversity Code and the Low Rise Housing Diversity Design Guide address housing choice by encour

    What makes an award-winning builder? | Learn the 7 things that set them apart

    September 17, 2020  
    Choosing the right builder for your home is one of the most important decisions you will make. It is important to fi