8/14/2016

ConstructionCostsPerSquareMetre

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ConstructionCostsPerSquareMetre
Oct3120135:40PM

ThetablebelowdetailstheapproximateConstructionCostspersquaremetretobuildapropertyinSydney.Othermajorcitiescanbe
calculatedusingtheRegionalVariationstablelocatedfurtherdownthepage.

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ConstructionType

LevelofFinish

House

Low

Medium

High

3brbrickveneerprojecthome,levelblock,singlelevel,shelfdesign

$1,065

$1,270

$1,630

3brfullbrickprojecthome,levelblock,singlelevel,shelfdesign

$1,090

$1,305

$1,670

4brbrickveneerhome,levelblock,singlelevel,uniquedesign

$1,570

$1,750

$1,950

4brfullbrickhome,levelblock,singlelevel,uniquedesign

$1,640

$1,810

$2,010

3brbrickveneerprojecthome,levelblock,twolevel,shelfdesign

$1,110

$1,310

$1,710

3brfullbrickprojecthome,levelblock,twolevel,shelfdesign

$1,130

$1,400

$1,790

4brbrickveneerhome,levelblock,twolevel,uniquedesign

$1,700

$1,900

$2,050

4brfullbrickhome,levelblock,twolevel,uniquedesign

$1,780

$1,970

$2,250

Architecturallydesignedexecutiveresidence

$2,160

$3,250

$5,050

2br,singlelevelbrickveneertownhouse,includingallowanceforcommonproperty

$1,250

$1,490

$1,740

2br,2levelbrickveneertownhouse,includingallowanceforcommonproperty

$1,350

$1,580

$1,900

3br,singlelevelbrickveneertownhouse,includingallowanceforcommonproperty

$1,235

$1,475

$1,725

3br,2levelbrickveneertownhouse,includingallowanceforcommonproperty

$1,340

$1,610

$2,270

3levelwalkupunitcomplex,concretestructure,groundfloorparking

$1,650

$1,820

$2,320

3levelwalkupunitcomplex,concretestructure,basementparking

$1,615

$1,785

$2,285

48levelwalkupunitcomplex,concretestructure,groundfloorparking

$1,720

$1,950

$2,650

48levelwalkupunitcomplex,concretestructure,basementparking

$1,650

$1,920

$2,615

8ormorelevelunitcomplex,includingliftandbasementcarparking

$1,710

$2,280

$3,030

$1,480

$1,760

$2,290

Townhouse

Units

Commercial
14levelopenplanoffices,includingA/C&lifts,excludingfitout

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ConstructionCostsPerSquareMetre

48levelopenplanoffices,includingA/C&lifts,excludingfitout

$1,620

$1,850

$2,400

8levelsandover,includingA/C&lifts,excludingfitout

$1,880

$2,064

$2,770

HighBayWarehouse,standardconfig,concretefloor,metalclad

$810

$885

$980

HighBayWarehouse,standardconfig,concretefloor,precastconcretewallclad

$1,050

$1,110

$1,20

SuburbanshoppingmallareaincludingA/C

$1,590

$1,810

$2,100

Supermarket,includingA/C,excludingfitout

$1,380

$1,500

$1,670

Singlelevelboutiquemotel,includingA/C,guestfacilities

$2,650

$3,200

$4,500

Singleleveltavern/hotel,includingA/C,excludinglooseitemfitout

$1,980

$2,350

$2,650

Industrial

Retail

Hotels/Motels

TheaboveratesareexclusiveofGST.
RegionalVariations
Cairns

115130%

Brisbane

105115%

Sydney

100%

Canberra

96104%

Melbourne

98108%

Hobart

8797%

Adelaide

98110%

Perth

100120%

Darwin

110120%

IfyourdevelopmentisnotlocatedinSydney,youcanstillestimatetheconstructioncostofadevelopmentbyapplyingaregional
variationpercentage.Simplymultiplytheconstructioncostbytheregionalvariationpercentage.Thiswillgiveyouanapproximatecost
fortheconstructiontypepersquaremetreinyourarea.MortgageHousewouldliketothankBMTQuantitySurveyorsforproviding
thisinformation.

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YourMortgageHouseLendingSpecialistcanassistyouwithfindingaConstructionLoanthatbestsuitsyourneeds,includinginterest
onlymortgagerepaymentsduringtheconstructionstage.
Orgiveourfriendlyteamacallon133144andwecanhelpyoubuildyourdreamhome.
Weareheretohelpyouwhenconvenientforyou.

*Thecomparisonrateiscalculatedonasecuredloanof$150,000withatermof25yearswithmonthlyprincipalandinterestpayments.
WARNING:Thiscomparisonrateistrueonlyforexamplesgivenandmaynotincludeallfeesandcharges.Differentterms,feesorotherloanamountsmightresultinadifferentcomparisonrate.
ImportantInformation:Applicationsaresubjecttocreditapproval.Fulltermsandconditionswillbeincludedinourloanoffer.Feesandchargesarepayable.Interestratesaresubjecttochange.
Offerdoesnotapplytointernalrefinancesandisnottransferablebetweenloans.Rates,feesandchargesdisplayedapplytonewborrowingsonly.Asthisadvicehasbeenpreparedwithout
consideringyourobjectives,financialsituationorneeds,youshouldconsideritsappropriatenesstoyourcircumstancesbeforeactingontheadvice.
NOTICE:Therearecurrentlymovementsinthemarketplacewhichaffectthepriceofmoney.Thereforethereisahighprobabilitythatmortgageratesmayincreasein2016.Fixedrateloansare
notset(lockedin)untilloanfundsaredrawndown.Allquotedfixedratesareindicativeonlyandaresetfromloansettlement.

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