{"id":137686,"date":"2025-01-02T14:30:00","date_gmt":"2025-01-02T03:30:00","guid":{"rendered":"https:\/\/propertyupdate.com.au\/?p=137686"},"modified":"2025-03-28T00:49:47","modified_gmt":"2025-03-27T13:49:47","slug":"how-much-on-average-does-it-cost-to-build-a-house","status":"publish","type":"post","link":"https:\/\/propertyupdate.com.au\/how-much-on-average-does-it-cost-to-build-a-house\/","title":{"rendered":"How much, on average, does it cost to build a house in 2025?"},"content":{"rendered":"<p>The cost of building a new house in Australia has surged over the past few years as supply and trade shortages continue to weigh on the market.<\/p>\n<p>And at the same time, the construction industry has seen a surge in insolvencies as rising labour costs, extreme weather, high material costs and shortages and global supply chain issues forced many to close their doors.<\/p>\n<p>And that means that surviving builders are placing hefty margins on new contracts to ensure they remain solvent.<\/p>\n<p>So how much can you expect to spend when building a house in Australia today?<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180819 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house.jpg\" alt=\"Building A House\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>The answer to this could be summed up with that frustrating yet often accurate phrase:<\/p>\n<blockquote><p><em>How long is a piece of string<\/em>?<\/p><\/blockquote>\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_body_\"><\/div>\n<p>There are a number of different factors that can affect the cost of building a house, including but not limited to:<\/p>\n<ol>\n<li>The size of the dwelling - especially the number of bedrooms. In fact smaller homes can cost more per square metre to build, even if they have a lower overall cost<\/li>\n<li>The complexity of the design<\/li>\n<li>The location and the slope of the land<\/li>\n<li>The quality of the materials used and the fixtures and fittings<\/li>\n<li>Any construction delays<\/li>\n<\/ol>\n<p>But with this in mind, there are some \u201cballpark figures\u201d I can come up with, to give you a guide as to how much it may cost you <a href=\"https:\/\/propertyupdate.com.au\/how-to-get-started-in-property-development-article\/\" target=\"_blank\" rel=\"noopener\">to build a property<\/a>.<\/p>\n<p>But it\u2019s worth keeping in mind that, when building a new home, the final cost of construction can differ vastly from the expectations set out at the building approval stage, and even at the start of construction.<\/p>\n<p>Why?<\/p>\n<p>There are numerous reasons for cost variation prior to and during construction - for example, costs and contracts may be finalised after council approval is sought or there may be unexpected delays and complications during construction.<\/p>\n<p>To guestimate the cost of building a new home, consider the following:<\/p>\n<ul>\n<li>40-45% of costs of the total cost to build is the cost of materials<\/li>\n<li>35-40% of the total cost is labour<\/li>\n<li>There are many taxes and charges, insurance, and overheads<\/li>\n<li>And the builder would like to make a profit margin of around 15-20%<\/li>\n<\/ul>\n<h2><span class=\"toc_link\" id=\"why-have-building-costs-skyrocketed\">Why have building costs skyrocketed?<\/span><\/h2>\n<p>It all started a few years ago with COVID-related restrictions.<\/p>\n<p>Thanks to volatile exchange rates, supply chains being impacted, and reduced productivity due to COVID-19 restrictions, floods and rains, costs have risen and the time to complete projects has dragged out pushing up the cost of construction.<\/p>\n<p>Then there are the supply chain issues around the world due to the Russian-Ukraine war and things are getting worse.<\/p>\n<p>The shortage of materials and labour is likely to significantly increase housing construction costs over the next couple of years.<\/p>\n<p>Currently, the rate of increase in building costs is slowing and the supply chain is stabilising, but the critical shortage of skilled labour, compounded by the collapse of a number of building companies, is still keeping costs elevated.<\/p>\n<p><a href=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187400 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend-800x449.png\" alt=\"2.2 House Building Costs Annual Trend\" width=\"800\" height=\"449\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend-800x449.png 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend-300x168.png 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend-1233x692.png 1233w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend-1536x862.png 1536w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend-2048x1150.png 2048w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/12\/2.2-House-building-costs-annual-trend-600x337.png 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>Let's start with a look at how building costs have changed around Australia...<\/p>\n<h2><span class=\"toc_link\" id=\"the-latest-corelogic--cordell-construction-cost-index\">The latest CoreLogic - Cordell Construction Cost Index<\/span><\/h2>\n<h3>National<\/h3>\n<p>The Cordell Construction Cost Index (CCCI) shows construction costs have risen a further 1.0% over the December<br \/>\nquarter, following a 1.0% rise over the September quarter.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187693 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/National-800x229.jpg\" alt=\"National\" width=\"800\" height=\"229\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/National-800x229.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/National-300x86.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/National-600x172.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/National.jpg 911w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>The latest increase is up from a 0.5% rise over the June quarter and is the strongest quarterly increase seen from the three months to December 2022 (1.9%).<\/p>\n<p>The 12 months ending December 2024 saw the annual change in construction costs reaccelerate to 3.4% (from 2.9% in 2023), the largest annual increase in construction costs since the 12 months to September 2023 (4.0%).<\/p>\n<p>CoreLogic Economist Kaytlin Ezzy said the data represents another challenge for an industry that is already struggling:<\/p>\n<blockquote><p><em>\"Residential construction companies continue to face profitability challenges with the CCCI up 30.8% since the onset of COVID.\u00a0<\/em><\/p>\n<p><em>Outside of compressed margins and continued labour challenges, the construction industry is also facing a looming shrinkage in the construction pipeline.\"\u00a0<\/em><\/p><\/blockquote>\n<p>She said building commencements have trended lower, with ABS data for new dwelling commencements over the year to June 2024 at 10-year lows:<\/p>\n<blockquote><p><em>\"These factors combined have contributed to an increasing number of liquidations, with 2,832 construction companies becoming insolvent in the 2023-2024 Financial Year, representing the greatest proportion of company collapses.<\/em><\/p>\n<p><em>Although up over the year, dwelling approvals over the 12 months to November also remained -7.1% below the decade average, suggesting this shortfall of new projects entering the construction pipeline may continue for some time.\" <\/em><\/p><\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187694 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-National-800x360.jpg\" alt=\"Quarterly Change In Construction Costs Vs Cpi National\" width=\"800\" height=\"360\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-National-800x360.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-National-300x135.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-National-600x270.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-National.jpg 1040w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><em>Source: CoreLogic<\/em><\/p>\n<p>The Cordell costings team notes that the direction of building costs remains diverse with increases and decreases across different categories, while labour continues to be a key driver of cost increases.<\/p>\n<!-- BODY -->\r\n<!-- \/21854739906\/BYHAll \r\n<div class='gam-all googlead' id='div-gpt-ad-1591955823345-0' style='width: 320px; height: 480px;'>\r\n  <script>\r\n    googletag.cmd.push(function() { googletag.display('div-gpt-ad-1591955823345-0'); });\r\n  <\/script>\r\n<\/div> -->\r\n\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"home_buying_body_\"><\/div>\n<h2 class=\"Text__Typography-sc-vzn7fr-0 jLkqEt styles__Title-sc-6or0fy-0 jfAeOy\"><span class=\"toc_link\" id=\"how-much-does-it-cost-to-build-a-house-in-sydney\">How much does it cost to build a house in Sydney?<\/span><\/h2>\n<p>Across NSW, the CCCI rose 1.0% over the December quarter, in line with the 1.0% rise seen over the September quarter and just 10 basis points higher than the pre-COVID decade average of 0.9%.<\/p>\n<p>Annually, NSW saw the largest increase in construction costs among the states, up 3.5% over the 12 months to December 2024 compared to a 3.1% rise over the 12 months to December 2023.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187695 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-v-CPI-NSW-800x303.jpg\" alt=\"Quarterly Change In Construction Costs V Cpi Nsw\" width=\"800\" height=\"303\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-v-CPI-NSW-800x303.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-v-CPI-NSW-300x114.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-v-CPI-NSW-600x227.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-v-CPI-NSW.jpg 1153w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><em>Source: CoreLogic<\/em><\/p>\n<p>CoreLogic's home value index showed Sydney dwelling values were down -1.4% over the three months to December, while regional NSW saw values increase 0.6% over the same period.<\/p>\n<p>As of December 2024, Sydney's median house value was $1,470,625, while the median unit value was $859,963.<\/p>\n<p>Across regional NSW, the median house value was $775,378, while the median unit value was $617,499.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180709 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/01\/melbourne-2.jpg\" alt=\"Melbourne 2\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/01\/melbourne-2.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/01\/melbourne-2-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2024\/01\/melbourne-2-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2 class=\"Text__Typography-sc-vzn7fr-0 jLkqEt styles__Title-sc-6or0fy-0 jfAeOy\"><span class=\"toc_link\" id=\"how-much-does-it-cost-to-build-a-house-in-melbourne\">How much does it cost to build a house in Melbourne?<\/span><\/h2>\n<p>Victoria saw a 1.0% increase in construction costs over the three months to December, up 20 basis points from the 0.8% rise seen over the three months to September and in line with the pre-COVID decade average (1.0%).<\/p>\n<p>The Victorian CCCI increased by 3.4% over the year to December 2024, up from 2.9% over the 12 months toDecember 2023.<\/p>\n<p>Generally speaking, it will cost between about $3,000 and $5,000 a square metre to build a home in Melbourne.<\/p>\n<p class=\"Text__Typography-sc-vzn7fr-0 kqoxux StyledP-sc-cebixd-0 bzEerj\">Building a second storey can add around 10% to 20% to construction costs.<\/p>\n<p class=\"Text__Typography-sc-vzn7fr-0 kqoxux StyledP-sc-cebixd-0 bzEerj\">Adding a second storey involves more complex construction, like scaffolding, staircases, steel and even additional external walls.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187696 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-VIC-800x310.jpg\" alt=\"Quarterly Change In Construction Costs Vs Cpi Vic\" width=\"800\" height=\"310\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-VIC-800x310.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-VIC-300x116.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-VIC-600x232.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-VIC.jpg 1151w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><em>Source: CoreLogic<\/em><\/p>\n<h2 class=\"Text__Typography-sc-vzn7fr-0 jLkqEt styles__Title-sc-6or0fy-0 jfAeOy\"><span class=\"toc_link\" id=\"how-much-does-it-cost-to-build-a-house-in-brisbane\">How much does it cost to build a house in Brisbane?<\/span><\/h2>\n<p>At 1.2%, Queensland recorded the highest quarterly rise in construction costs across the states, up from 1.1% over the previous quarter and above the national growth rate of 1.0%.<\/p>\n<p>This is the state's largest quarterly increase in the CCCI since the three months to December 2022 (2.0%) and is 10 basis points higher than the pre-COVID decade average (1.1%).<\/p>\n<p>Queensland's construction costs rose 3.3% over the year to December, up from 2.2% over the 12 months to September.<\/p>\n<p>Despite recording the highest quarterly increase, Queensland's annual lift in construction costs was the lowest among the states, rising 2.2% over the 12 months to September, up from 1.9% over the 12 months to June.<\/p>\n<p class=\"Text__Typography-sc-vzn7fr-0 kqoxux StyledP-sc-cebixd-0 bzEerj\">Building a house in Brisbane usually costs between $2800 and $4950 a square metre,\u00a0 which means building a Brisbane home could cost anywhere from $633,080 to $1,119,195, based on the average Queensland new house size of 226.1 sqm.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187697 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-QLD-800x301.jpg\" alt=\"Quarterly Change In Construction Costs Vs Cpi Qld\" width=\"800\" height=\"301\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-QLD-800x301.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-QLD-300x113.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-QLD-600x226.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-QLD.jpg 1145w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><em>Source: CoreLogic<\/em><\/p>\n<p>The CoreLogic Home Value Index saw Brisbane dwelling values increase by 1.3% over the three months to December, while regional Qld dwelling values rose 1.5% over the quarter.<\/p>\n<p>As at December 2024, Brisbane's median house value was $977,575, while the median unit value was $680,893.<\/p>\n<p>Across regional Qld, the median house value was $705,366, while the median unit value was $682,395.<\/p>\n<h2 class=\"Text__Typography-sc-vzn7fr-0 jLkqEt styles__Title-sc-6or0fy-0 jfAeOy\"><span class=\"toc_link\" id=\"how-much-does-it-cost-to-build-a-house-in-perth\">How much does it cost to build a house in Perth?<\/span><\/h2>\n<p>In Western Australia, the latest CCCI showed a further 1.0% rise in construction costs over the December 2024 quarter, following a 1.0% rise over the three months to September.<\/p>\n<p>WA's latest result is in line with the national quarterly increase (1.0%) and 10 basis points higher than the 0.9% pre-COVID decade average seen across WA.<\/p>\n<p>Annually, Western Australia's CCCI increased by 3.1%, the largest annual increase since the 12 months to September 2023 (3.6%).<\/p>\n<p class=\"Text__Typography-sc-vzn7fr-0 kqoxux StyledP-sc-cebixd-0 bzEerj\">Building a house in Perth costs between $2300 and $4450 a square metre, meaning a standard Perth house would cost between $513,360 and $993,240 to build, based on the WA state-wide average new house size of 223.2 sqm.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187698 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quartrely-change-in-consteruction-costs-v-CPI-WA-800x298.jpg\" alt=\"Quartrely Change In Consteruction Costs V Cpi Wa\" width=\"800\" height=\"298\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quartrely-change-in-consteruction-costs-v-CPI-WA-800x298.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quartrely-change-in-consteruction-costs-v-CPI-WA-300x112.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quartrely-change-in-consteruction-costs-v-CPI-WA-600x223.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quartrely-change-in-consteruction-costs-v-CPI-WA.jpg 1145w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>CoreLogic figures show Perth dwelling values were up 1.9% over the three months to December, while regional WA dwelling values increased by 2.5%.<\/p>\n<p>As at December 2024, Perth\u2019s median house value was $847,518, while the median unit value was $589,293.<\/p>\n<p>Across regional WA, the median house value was $570,839, while the median unit value was $379,232.<\/p>\n<h2 class=\"Text__Typography-sc-vzn7fr-0 jLkqEt styles__Title-sc-6or0fy-0 jfAeOy\"><span class=\"toc_link\" id=\"how-much-does-it-cost-to-build-a-house-in-adelaide\">How much does it cost to build a house in Adelaide?<\/span><\/h2>\n<p>South Australia saw the CCCI rise by 0.9% over the December quarter, following a 0.8% increase over the three months to September.<\/p>\n<p>The increase in construction costs across South Australia is back in line with the pre-COVID decade average (0.9%).<\/p>\n<p>South Australia's 2.9% rise in construction costs over the year to December was up from a 2.5% rise over the 12 months to<br \/>\nSeptember.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-post-fullsize wp-image-187699 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-SA-800x302.jpg\" alt=\"Quarterly Change In Construction Costs Vs Cpi Sa\" width=\"800\" height=\"302\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-SA-800x302.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-SA-300x113.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-SA-600x226.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2025\/01\/Quarterly-change-in-construction-costs-vs-CPI-SA.jpg 1153w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p class=\"Text__Typography-sc-vzn7fr-0 kqoxux StyledP-sc-cebixd-0 bzEerj\">It costs between $1860 and $3800 a square metre to build a house in Adelaide, meaning an average-sized home in Adelaide would cost anywhere between $396,924 and $810,920 to build, based on the city-wide average new house size of 213.4sqm.<\/p>\n<p class=\"Text__Typography-sc-vzn7fr-0 kqoxux StyledP-sc-cebixd-0 bzEerj\">This makes Adelaide the cheapest major city in Australia in which to build a home.<\/p>\n<h2><span class=\"toc_link\" id=\"new-code-changes-pushed-up-building-costs-even-more\">New code changes pushed up building costs even more<\/span><\/h2>\n<p>All residential construction must adhere to comprehensive building codes and standards governed by local and state laws.<\/p>\n<p>Recently introduced new national home building codes designed to ensure more liveable housing and energy efficiency are tipped to drive up the price of an average home by a further $30,000, according to the Master Builders Association.<\/p>\n<p>The changes were introduced from October 1 last year in Queensland and will be implemented from May 1, 2024.<\/p>\n<p>Queensland MBA chief executive Paul Bidwell said the increases come on the back of a sharp increase in the cost to build a new home in the past three years.<\/p>\n<blockquote><p><em>\u201cWe have supported inclusive, sustainable and affordable housing and been in discussions with government and stakeholders for years \u2013 however, in the face of a housing crisis and rising costs, do not believe now is the right time to introduce these changes.\u201d<\/em><\/p><\/blockquote>\n<h2><span class=\"toc_link\" id=\"average-house-building-costs-in-australia\">Average house building costs in Australia<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180820 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-2.jpg\" alt=\"Building A House 2\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-2.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-2-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-2-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>BMT Quantity Surveyors' latest report shows the average cost to build a house per square metre of new single and double-storey dwellings throughout Australia in 2024.<\/p>\n<p>The costs in the table below are for Sydney, but you can still use them as a guide by applying one of the following regional variation percentages.<\/p>\n<p>This will give you an approximate cost for the construction type per square metre in your area.<\/p>\n<ul>\n<li>Cairns - 110% - 130%<\/li>\n<li>Brisbane - 95% - 115%<\/li>\n<li>Sydney - 100% - 100%<\/li>\n<li>Canberra - 92% - 120%<\/li>\n<li>Melbourne - 95% - 105%<\/li>\n<li>Hobart - 95% - 120%<\/li>\n<li>Adelaide - 95% - 108%<\/li>\n<li>Perth - 98% - 120%<\/li>\n<li>Darwin - 110% - 135%<\/li>\n<\/ul>\n<h3>Average costs to build a house<\/h3>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"780\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>Construction type<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"3\"><strong>Level of finish<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Medium<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3BR weatherboard project home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,872<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,095<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,591<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3BR brick veneer project home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,994<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,222<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,653<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3BR full brick project home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,072<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,302<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,878<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4BR weatherboard home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,628<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,808<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,504<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4BR brick veneer home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,792<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,924<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,680<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4BR full brick home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,123<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,568<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,932<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3BR brick veneer project home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,080<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,298<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,835<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3BR full brick project home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,157<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,426<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,976<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4BR brick veneer home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,834<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,203<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,718<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4BR full brick home<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,132<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,596<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,926<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Architecturally designed executive residence<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,157<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,322<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$7,444<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.bmtqs.com.au\/construction-cost-table\" target=\"_blank\" rel=\"noopener\"><em>BMT Quantity Surveyors<\/em><\/a><\/p>\n<h3>Average costs to build a townhouse<\/h3>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"780\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>Construction type<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"3\"><strong>Level of finish<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Medium<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>2BR single-level brick veneer townhouse<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,933<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,337<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,758<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>2BR 2-level brick veneer townhouse<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,012<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,393<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,943<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3BR single-level brick veneer townhouse<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,906<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,308<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,717<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3BR 2-level brick veneer townhouse<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,984<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,476<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,957<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.bmtqs.com.au\/construction-cost-table\" target=\"_blank\" rel=\"noopener\"><em>BMT Quantity Surveyors<\/em><\/a><\/p>\n<h3>Average costs to build units<\/h3>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"780\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>Construction type<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"3\"><strong>Level of finish<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Medium<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3-level walk-up unit complex<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,088<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,315<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,022<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>3-level walk-up unit complex<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,026<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,252<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,957<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4-8 level unit complex<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,528<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,796<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,598<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4-8 level unit complex<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,449<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,717<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,522<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>8 or more level unit complex<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,661<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,154<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,283<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.bmtqs.com.au\/construction-cost-table\" target=\"_blank\" rel=\"noopener\"><em>BMT Quantity Surveyors<\/em><\/a><\/p>\n<h3>Average industrial construction costs<\/h3>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"780\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>Construction type<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"3\"><strong>Level of finish<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Medium<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High Bay Warehouse, standard configuration, concrete floor, metal clad<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,515<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,711<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,845<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High Bay Warehouse, standard configuration, concrete floor, pre-cast concrete wall clad<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,860<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,966<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,191<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.bmtqs.com.au\/construction-cost-table\" target=\"_blank\" rel=\"noopener\"><em>BMT Quantity Surveyors<\/em><\/a><\/p>\n<h3>Average hotel construction costs<\/h3>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"780\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>Construction type<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"3\"><strong>Level of finish<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Medium<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Single-level boutique motel including A\/C, guest facilities<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,896<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,601<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$7,363<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Single-level tavern\/hotel including A\/C, excluding loose item fit-out<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,084<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,861<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,848<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.bmtqs.com.au\/construction-cost-table\" target=\"_blank\" rel=\"noopener\"><em>BMT Quantity Surveyors<\/em><\/a><\/p>\n<h3>Average office construction costs<\/h3>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"780\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>Construction type<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"3\"><strong>Level of finish<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Medium<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>1-4 level open plan offices<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,182<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,547<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,168<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>4-8 level open plan offices, including A\/C &amp; lifts, excluding fit-out<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,687<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,957<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,321<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>8 levels and over<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,277<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,572<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$5,827<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.bmtqs.com.au\/construction-cost-table\" target=\"_blank\" rel=\"noopener\"><em>BMT Quantity Surveyors<\/em><\/a><\/p>\n<h3>Average retail construction costs<\/h3>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"780\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>Construction type<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"3\"><strong>Level of finish<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Medium<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Shopping mall<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,974<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,143<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,636<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Supermarket<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,516<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,687<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,012<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.bmtqs.com.au\/construction-cost-table\" target=\"_blank\" rel=\"noopener\"><em>BMT Quantity Surveyors<\/em><\/a><\/p>\n<h2><span class=\"toc_link\" id=\"the-average-cost-to-build-a-house-by-state\">The average cost to build a house by state<\/span><\/h2>\n<p>But average building costs per square metre by cities is just one factor to take into account when working out home building costs.<\/p>\n<p>Because the answer is more complicated than it might seem.<\/p>\n<p>That\u2019s because the location, size, and cost of the block it\u2019s built on and the finishes all affect how much it costs to build a house.<\/p>\n<p>So the cost of building a house in Melbourne would be vastly different from the cost of building a house in Brisbane, or even the cost of building a house in Adelaide, Perth, or Sydney.<\/p>\n<p>To give a rough idea, quantity surveyors RLB has also produced a recent report on the price of a home-build per square metre based on different states, which identifies Brisbane as the most expensive city for home building, with the price ranging from $2,500 to $4,500.<\/p>\n<p>Sydney has a lower start price but a higher range, from $2,100 to $6,400, with Melbourne a more modest $2,000 to $4,300.<\/p>\n<table style=\"border: 1px solid black; padding: 5px; border-collapse: collapse;\" width=\"778\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\" rowspan=\"2\"><strong>City<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px; text-align: center;\" colspan=\"2\"><strong>Cost per square metre<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>Low<\/strong><\/td>\n<td style=\"border: 1px solid black; padding: 5px;\"><strong>High<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Adelaide<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,740<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,800<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Brisbane<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,500<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,500<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Canberra<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,840<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$3,650<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Darwin<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,900<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,950<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Melbourne<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,000<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,300<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Perth<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,200<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,100<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Sydney<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$2,100<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$6,400<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid black; padding: 5px;\">Gold Coast<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$1,600<\/td>\n<td style=\"border: 1px solid black; padding: 5px;\">$4,400<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: <\/em><a href=\"https:\/\/www.rlb.com\/oceania\/\" target=\"_blank\" rel=\"noopener\"><em>Rider Levett Bucknall<\/em><\/a><\/p>\n<h2><span class=\"toc_link\" id=\"average-costs-to-build-a-new-house-by-the-number-of-bedrooms\">Average costs to build a new house by the number of bedrooms<\/span><\/h2>\n<p>So now we have a vague idea of how much it costs to build a house in Australia depending on the cost per metre square, location, size of the block, and even the fittings.<\/p>\n<p>But what about the size?<\/p>\n<p>It\u2019s all well and good to get a \u2018per square metre\u2019 indication of price \u2013 but how do you translate that into actual costs, to give you an understanding of how much you\u2019re going to pay to construct your new home or investment property?<\/p>\n<p>There\u2019s no point in going to the bank and saying, \u201c<em>I need to borrow $1,190 per square metre<\/em>\u201d.<\/p>\n<p>They\u2019re going to need a little more info to go on than that!<\/p>\n<p>Builders and architects often use a per square metre (m2) figure to cost a project so this is a good baseline to work from, according to a <a href=\"https:\/\/hipages.com.au\/article\/how_much_does_it_cost_to_build_a_house\" target=\"_blank\" rel=\"noopener\">page cost guide<\/a>.<\/p>\n<h3>The average cost to build a 3-bedroom house<\/h3>\n<p>To build a 3-bedroom house you can expect to pay in the region of:<\/p>\n<ul>\n<li>$1,300 per square metre for a 3-bedroom weatherboard house on a level block, using budget materials<\/li>\n<li>$1,600 \u2013 $1,900 per square metre for a 3 bedroom full brick single level project home, on a level block, using mid-range to high-end materials and finishes<\/li>\n<\/ul>\n<h3>The average cost to build a 4-bedroom house<\/h3>\n<p>To build a 4-bedroom house you can expect to pay in the region of:<\/p>\n<ul>\n<li>$1,900 per square metre for a 4 bedroom single level, brick veneer home on a level block, using budget materials<\/li>\n<li>$2,400 per square metre for a 4 bedroom brick veneer single-level project home on a level block using mid-range finishes<\/li>\n<li>$2,900 per square metre for a 4 bedroom full brick two-level home on a level block using top-quality finishes<\/li>\n<li>$3,900+ per square metre for an architect-designed 4 bedroom full brick, two-level home on a level block using top-quality finishes<\/li>\n<\/ul>\n<h3>The average cost to build a 5-bedroom house or second-story<\/h3>\n<p>To build a 5-bedroom house you can expect to pay upwards of $4,300 per square metre.<\/p>\n<p>If you want to know <a href=\"https:\/\/hipages.com.au\/article\/how_much_does_a_second_storey_addition_cost\" target=\"_blank\" rel=\"noopener\">how much a second-story extension costs<\/a>, expect to be charged anywhere from $1,850 to $3,300 per square metre, depending on the quality and price of the construction materials and inclusions.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180821 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-3.jpg\" alt=\"Building A House 3\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-3.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-3-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-3-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2><span class=\"toc_link\" id=\"so-how-much-can-you-expect-to-pay\">So how much can you expect to pay?<\/span><\/h2>\n<p>First up, the figures I\u2019ve detailed above are just a rough guide, as building costs can vary significantly based on your location, the project design, and the level of the fit-out.<\/p>\n<p>And remember, a builder\u2019s advertised base price is generally only a starting point and does not reflect how much your home will actually cost when it\u2019s 100% completed.<\/p>\n<!-- \/21854739906\/successall \r\n<div id='div-gpt-ad-1652269637605-0' class='gam-all googlead' style='min-width: 320px; min-height: 480px;'>\r\n  <script>\r\n    googletag.cmd.push(function() { googletag.display('div-gpt-ad-1652269637605-0'); });\r\n  <\/script>\r\n<\/div> -->\r\n\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"guide_to_investing_successfully_body_\"><\/div>\n<p>This is because these \u201cstarting from\u201d prices usually only include the basics.<\/p>\n<p>If you are looking for a complete price that includes everything from the carpeting through to the landscaping and driveways as well as the white picket fence at the front, then you need to shop around for what\u2019s known as a \u201cturn-key\u201d package \u2013 which means all you need to do at the end is turn the key and step inside.<\/p>\n<p>And then there is the added recalculation needed depending on where the property is located, its size, and the quality of finishes.<\/p>\n<p>It\u2019s not as simple as getting one price quote - the cost of building a house varies widely depending on where and what you\u2019re planning to build.<\/p>\n<p>And this is even more so the case in today\u2019s market where the cost of materials is consistently and steadily increasing, almost by the day.<\/p>\n<p>Thanks to Australia\u2019s rising inflation, almost every category of building materials has become more expensive.<\/p>\n<p>For example, prices of steel products surged 42.1% in the year ending March 2022, according to ABS figures.<\/p>\n<p>But then they fell (-1.8%), driven by reinforcing steel (-2.7%), in the third quarter of 2023 due to easing demand from China and reduced demand for new house construction.<\/p>\n<p>And that doesn't take into account the level of inflation and subsequent price increases which have occurred since March up until today.<\/p>\n<p>The lesson is that prices are volatile.<\/p>\n<p>And then the cost of an architecturally designed home to one built by a volume builder would differ again.<\/p>\n<p>But to give a very rough idea, according to <a href=\"https:\/\/www.abs.gov.au\/articles\/building-new-home-construction-cost-changes\" target=\"_blank\" rel=\"noopener\">ABS data<\/a>, the cost of building a house in February last year was $449,436, slightly up from the previous month\u2019s $445,664.<\/p>\n<p>In February 2022, it was $391,937 while in February 2021, it stood at $319,261.<\/p>\n<h2><span class=\"toc_link\" id=\"the-hidden-costs-of-building-a-house\">The hidden costs of building a house<\/span><\/h2>\n<p>As mentioned earlier, there are a number of costs that come into play when building a house.<\/p>\n<p>For a standard brick home without any custom finishes, you may be able to come up with a fairly clear budget.<\/p>\n<p>However, once you start factoring in extras such as landscaping, driveways, retaining walls, fences, upgrades, finishes, and fittings, your costs can increase significantly.<\/p>\n<p>We already know that the breakdown of the costs to build a house would differ depending on the size of the property, location, and finishes, but what about the hidden costs of building a house?<\/p>\n<p>Here are a few costs you might have overlooked.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180822 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-4.jpg\" alt=\"Building A House 4\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-4.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-4-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-4-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h3>1. Site costs<\/h3>\n<p>These are the expenses that are incurred to prepare your block of land before construction can even commence.<\/p>\n<p>These are usually completed by your builder and in most cases, the site costs are charged on top of the build price.<\/p>\n<p>Some of the typical expenses involved in a site cost can be:<\/p>\n<ul>\n<li>Connections to services such as water, sewer, electricity, and gas<\/li>\n<li>Fences<\/li>\n<li>Retaining walls<\/li>\n<li>Site clearance (trees, roots, bushes)<\/li>\n<li>Site survey<\/li>\n<li>Soil tests<\/li>\n<\/ul>\n<p>According to the Urban Development Institute of Australia's (UDIA) <a href=\"https:\/\/udia.com.au\/research\/udia-state-of-the-land-2023\/\" target=\"_blank\" rel=\"noopener\">2023 State of the Land<\/a> report, despite the drop off in new land sales activity the national median lot price rose by 20% to reach $391,546 in 2022, with all capitals except for Perth recording double-digit median price growth.<\/p>\n<p>The report reveals that the most expensive greenfield market, Sydney, recorded an eye-watering 31% increase in median pricing in 2022, finishing with a year-end lot price of $716,381, driven by a spike in the June and September quarter pricing profile.<\/p>\n<p>The ACT recorded a record-breaking 38% lift in the median lot price, to bring the Nation\u2019s Capital to $622,863 and further entrench Canberra as the second least affordable greenfield market in the country.<\/p>\n<p>The high-volume Melbourne market recorded a 17% annual increase in median lot pricing to finish the year at $382,125, 12% higher than the previous peak median land price in 2018.<\/p>\n<p>South-east QLD recorded a 26% annual price uplift to $357,717 which positions the important greenfield market as 50% cheaper than Sydney but is now only 6% cheaper than Melbourne.<\/p>\n<p>The hitherto affordability advantage SEQ held over Melbourne has continued to close since 2018 when there was a 22% pricing differential between the two markets.<\/p>\n<p>Adelaide recorded the greatest single yearly price growth result in a decade with the median lot price escalating by 25% in 2022 to $234,500, meaning the city is now the second-most affordable nationwide.<\/p>\n<p>With Perth\u2019s median lot pricing only growing a moderate 6% in 2022 to $227,750 it has taken over the mantle of Australia\u2019s most affordable capital city greenfield market \u2013 the first time it has held this title in over a decade.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180818 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/fig08.jpg\" alt=\"Fig08\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/fig08.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/fig08-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/fig08-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h3>2. Other factors that can affect the build price<\/h3>\n<p>Once you have signed a contract with a builder and decided on the layout and design of your property, they will make plans and prepare documents, before arranging a \u2018pre-start meeting\u2019.<\/p>\n<p>The pre-start meeting is at the stage at which your house plans are finalised.<\/p>\n<p>They are approved by the council and you are ready to make your final choices in regards to all of the design aspects, such as wall colours, the types of light fittings, and the materials used on the roof and on floors.<\/p>\n<p>The \u2018prime costs\u2019 are generally already in place by the builder, however, keep in mind that in base contract packages, the prices factored in often account for the cheapest materials, the most basic fittings, and the most standard fixtures.<\/p>\n<p>If you wish to change any of these, you could incur an extra cost.<\/p>\n<p>Some of the parts of the home that you may wish to \u2018upgrade\u2019 during this process include:<\/p>\n<ul>\n<li><strong>Roof<\/strong>: Depending on the materials you choose for your roofs, such as tiles or colorbond, this can vary widely<\/li>\n<li><strong>Tiling<\/strong>: An allowance for a tiling amount per sqm will be made, but this can change depending on the quality and size of your final choice.<\/li>\n<li><strong>Fixtures and fittings<\/strong>: Fancy, nonstandard taps, and European appliances will obviously cost more than standard Australian-made fixtures and fittings. Additionally, labour costs may increase if you select items that are more complicated to install. Inclusions such as fully ducted air conditioning can cost up to $10,000 (more for a two-storey home).<\/li>\n<li><strong>Kitchen<\/strong>: If you\u2019ve ever shopped for a kitchen benchtop, you know how widely the costs of a kitchen upgrade can vary. Again, the final price will depend on the quality of the item you choose and what is in your initial specification in the contract.<\/li>\n<li><strong>Electrical<\/strong>: If you decide to change your lighting layout from what has been initially drawn, this can add costs. For example, if the specifications in your contract allow for one standard light per room but you wish to have multiple downlights, this extra cost can add up.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180823 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-5.jpg\" alt=\"Building A House 5\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-5.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-5-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-5-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h3>3. Extra costs you should allow for<\/h3>\n<p>Some extra costs you need to take into account and which could end up costing you a significant amount of money include:<\/p>\n<ul>\n<li><strong>Soil quality<\/strong>: One of the first things your engineers will organise is a soil test. They do this by drilling some boreholes and the best classification you can get is M classification soil. If your soil is more difficult to work with eg. Clay, Sand or Rock then you\u2019re likely to have to pay extra.<\/li>\n<li><strong>The slope of the block<\/strong>: The easiest site to build on is a flat block. If your block slopes you\u2019re likely to have to pay extra for more foundations or to cut and fill the site (make it flat) and possibly for retaining walls.<\/li>\n<li><strong>Flood-prone areas<\/strong>: some sites require the house to be raised with the floor level above natural ground level to cope with excessive rain or floods and this can add to the construction cost.<\/li>\n<\/ul>\n<h2><span class=\"toc_link\" id=\"learning-the-lingo\">Learning the lingo<\/span><\/h2>\n<p>When you go through the process of building a home, you\u2019ll come across plenty of industry jargon that can be tricky to understand \u2013 and even trickier to price.<\/p>\n<p>Here are a couple of terms that may be included in your building contract, which are important to understand:<\/p>\n<h3>Provisional sums<\/h3>\n<p>A provisional sum is an estimated amount of money that is determined by the builder, according to how much they believe the relevant job or material will cost.<\/p>\n<section id=\"image-carousel\" class=\"splide\" aria-label=\"Beautiful Images\"><div class=\"splide__track\"><ul class=\"splide__list\"><li class=\"splide__slide\"><a href=\"https:\/\/propertyupdate.com.au\/how-much-on-average-does-it-cost-to-build-a-house\/\" class=\"also-read-title-block\"><span class=\"also-read-pre-title\">Also read:<\/span><span class=\"also-read-title\">How much, on average, does it cost to build a house in 2025?<\/span><\/a><img decoding=\"async\" sizes=\"100vw\" class=\"slider-image\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/06\/house-building-375x275.jpg\" data-splide-lazy=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/06\/house-building-375x275.jpg\" alt=\"slider image\" loading=\"lazy\"><\/li><li class=\"splide__slide\"><a href=\"https:\/\/propertyupdate.com.au\/building-granny-flat-make-good-investment-sense\/\" class=\"also-read-title-block\"><span class=\"also-read-pre-title\">Also read:<\/span><span class=\"also-read-title\">Does building a granny flat make good investment sense?<\/span><\/a><img decoding=\"async\" sizes=\"100vw\" class=\"slider-image\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2019\/07\/granny-flat-bg-375x275.jpg\" data-splide-lazy=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2019\/07\/granny-flat-bg-375x275.jpg\" alt=\"slider image\" loading=\"lazy\"><\/li><li class=\"splide__slide\"><a href=\"https:\/\/propertyupdate.com.au\/hidden-costs-of-building-a-house-in-australia\/\" class=\"also-read-title-block\"><span class=\"also-read-pre-title\">Also read:<\/span><span class=\"also-read-title\">Hidden Costs of Building a House in Australia<\/span><\/a><img decoding=\"async\" sizes=\"100vw\" class=\"slider-image\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/01\/hidden-costs-375x275.jpg\" data-splide-lazy=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/01\/hidden-costs-375x275.jpg\" alt=\"slider image\" loading=\"lazy\"><\/li><li class=\"splide__slide\"><a href=\"https:\/\/propertyupdate.com.au\/spare-a-thought-for-nimbys\/\" class=\"also-read-title-block\"><span class=\"also-read-pre-title\">Also read:<\/span><span class=\"also-read-title\">Spare a thought for NIMBYs<\/span><\/a><img decoding=\"async\" sizes=\"100vw\" class=\"slider-image\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/12\/nimby-375x275.jpg\" data-splide-lazy=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/12\/nimby-375x275.jpg\" alt=\"slider image\" loading=\"lazy\"><\/li><\/ul><\/div><div class=\"splide__arrows\"><button class=\"splide__arrow splide__arrow--prev\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"7.369\" height=\"14\" viewBox=\"0 0 7.369 14\"><path id=\"np_arrow_2635726_000000\" d=\"M36.166,16.719l-.494-.57-5.561-6.43L28.8,10.859l5.067,5.86L28.8,22.578l1.314,1.14,5.561-6.43Z\" transform=\"translate(-28.797 -9.719)\" fill=\"#2e3f51\"\/><\/svg><\/button><button class=\"splide__arrow splide__arrow--next\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"7.369\" height=\"14\" viewBox=\"0 0 7.369 14\"><path id=\"np_arrow_2635726_000000\" d=\"M36.166,16.719l-.494-.57-5.561-6.43L28.8,10.859l5.067,5.86L28.8,22.578l1.314,1.14,5.561-6.43Z\" transform=\"translate(-28.797 -9.719)\" fill=\"#2e3f51\"\/><\/svg><\/button><\/div><\/section>\n<p>Often the builder can\u2019t put a fixed cost on certain parts of the job at the time of providing a quote or signing the building contract because of unknowns.<\/p>\n<p>For example, while your site may look flat and the builder quotes as such when starting the works, they may discover large clumps of rock that need to be removed and levelled prior to the slab being laid.<\/p>\n<p>Or when the builder starts digging your foundations they realise they have to dig down further to hit firm footings, which will eventually require more concrete to be poured.<\/p>\n<p>At times like this, you\u2019ll need to pay an additional sum on top of the initial contract price, as the allowance that had been provided has been exceeded.<\/p>\n<div class=\"notes\"><div class=\"notes-inner\"><span class=\"icon\"><picture><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/propertyupdate.com.au\/wp-content\/themes\/oldpaper\/img\/note.svg\" alt=\"pencil icon\"><\/picture><\/span><p><span class=\"tips-notes\">Note: <\/span>It is always a good idea to budget for around 10% of the total build price to allow for fluctuations in provisional sum prices.<\/p><\/div><\/div>\n<h3>Prime costs<\/h3>\n<p>A prime cost is an item that is subject to change during the construction of your home.<\/p>\n<p>These include things like fixtures and fittings such as tiles, doors, and taps, as these items may change depending on your final choice.<\/p>\n<p>You\u2019ll find an estimated amount is provided when signing the building contract and then depending on your specification of the finishes during the build, these prime cost items may cost more or less if you elect to change them along the way.<\/p>\n<div class=\"notes\"><div class=\"notes-inner\"><span class=\"icon\"><picture><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/propertyupdate.com.au\/wp-content\/themes\/oldpaper\/img\/note.svg\" alt=\"pencil icon\"><\/picture><\/span><p><span class=\"tips-notes\">Note: <\/span>These items generally only change due to your change in preferences, so this could be an opportunity to trim costs if you opt for basic or standard fixtures, fittings, and finishes.<\/p><\/div><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-180824 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-6.jpg\" alt=\"Building A House 6\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-6.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-6-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2023\/10\/building-a-house-6-600x338.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2><span class=\"toc_link\" id=\"how-long-does-it-take-to-build-a-home-in-2025\">How long does it take to build a home in 2025?<\/span><\/h2>\n<p>It\u2019s not just prices that have shot up since the COVID-19 pandemic began, the time to complete construction has also blown out.<\/p>\n<p>A renovation that would have previously taken 4 months is now taking 6-8 months, and a new build that would have been 6-8 months is taking more like 12-18 months.<\/p>\n<p>That\u2019s really putting additional pressure on both builders who need the cash flow and the consumers who might be paying rent on one home while the building takes place for another, or who have two mortgages.<\/p>\n<p>Unfortunately, a number of building companies have folded, having signed fixed-price contracts earlier in the pandemic and not being able to complete their contracts.<\/p>\n<p>The problem is that when it comes to the question of \u2018how long', there are just too many variables.<\/p>\n<p>And currently, there are ongoing construction delays associated with COVID-19, only adding to the time taken to build a house.<\/p>\n<p>Then, there are the unforeseen hurdles that always seem to arise when building - things like unfavourable soil conditions such as rock removal, bad weather (of which there has been a lot this year, particularly in NSW and QLD), or waiting for certain permits or approvals.<\/p>\n<p>Having said all of that, the average time to build a two-storey house is currently roughly 8-12 months.<\/p>\n<div class=\"notes\"><div class=\"notes-inner\"><span class=\"icon\"><picture><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/propertyupdate.com.au\/wp-content\/themes\/oldpaper\/img\/note.svg\" alt=\"pencil icon\"><\/picture><\/span><p><span class=\"tips-notes\">Note: <\/span>While the cost of building a home has clearly increased, the price of purchasing an established home in Australia has also surged.<\/p><\/div><\/div>\n<p>And there may be more price hikes to come yet.<\/p>\n<p>The average cost of building a house varies due to a range of factors, including size, location, and quality of fixtures and fittings.<\/p>\n<p>While I\u2019ve tried to give you estimates, the final price will depend on whether you chose a display home that the builder has designed with cost efficiency in mind, or a unique home- your own special castle which has never been built before.<\/p>\n<!-- BODY -->\r\n<!-- \/21854739906\/PDDiff \r\n<div class='gam-diff googlead' id='div-gpt-ad-1591965559837-0'>\r\n  <script>\r\n    googletag.cmd.push(function() { googletag.display('div-gpt-ad-1591965559837-0'); });\r\n  <\/script>\r\n<\/div> -->\r\n\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"property_development_mobile_\"><\/div>\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"property_development_desktop_\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cost of building a new house in Australia has surged over the past few years as supply and trade shortages continue to weigh on the market. And at the same time, the construction industry has seen a surge in insolvencies as rising labour costs, extreme weather, high material costs and shortages and global supply&#8230;<\/p>\n","protected":false},"author":146,"featured_media":167207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,4],"tags":[],"class_list":["post-137686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-property-updates","category-property-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Much Does It Cost to Build a House in Australia?<\/title>\n<meta name=\"description\" content=\"The average cost of building a house varies due to a range of factors, including size, location, and quality of fixtures and fittings. 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