All Topics / General Property / Construction Costs in Sydney

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of mattmanmattman
    Member
    @mattman
    Join Date: 2008
    Post Count: 1
    January 10, 2009 - 12:21 am

    Hi

    We have just been quoted a construction cost of $2,000/sqm for a house in Sydney!!!!!!

    I live in Maroubra and have a house that has footing failure at its front. We have spent a fair bit of money renovating the house only to now find out that the house needs to be knocked down due to the footing failure.

    I have engaged an architect through archicentre who advised that the construction costs for a house in Maroubra was around $2,000/sqm. The architect was proposing a 200sqm replacement house. After the architect left I did the maths and found that this equated to a constuction cost of $400,000!!!!!

    This doesn't include any consultation fee's, services, finishes etc…. This only covers the cost of building the house. Is this correct????

    If so we definately cannot afford it.

    I was hoping to build a basic 3 bedroom house with a garage to lock up stage for around $250,000.

    Am I pissing in the wind here or is this guy ripping me off.

    Please Help

    Profile photo of washingtonbrownwashingtonbrown
    Participant
    @washingtonbrown
    Join Date: 2006
    Post Count: 44
    January 10, 2009 - 12:35 am

    Go to http://www.homeworld.com.au

    And talk to builders directly.

    Will work out far cheaper – might not be exactly your design.

    regards

    Tyron

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    January 10, 2009 - 1:27 am

    $2-2.5k/m2 would be about right. Maroubra has sandy soil, needing engineered footings. Project homes are cheaper.

    Profile photo of harbharb
    Member
    @harb
    Join Date: 2006
    Post Count: 324
    January 10, 2009 - 3:37 am
    mattman wrote:
    I have engaged an architect through archicentre who advised that the construction costs for a house in Maroubra was around $2,000/sqm. The architect was proposing a 200sqm replacement house. After the architect left I did the maths and found that this equated to a constuction cost of $400,000!!!!!

    This doesn't include any consultation fee's, services, finishes etc…. This only covers the cost of building the house. Is this correct????

    If so we definately cannot afford it.

    I was hoping to build a basic 3 bedroom house with a garage to lock up stage for around $250,000.

    Am I pissing in the wind here or is this guy ripping me off.

    Please Help

    for something basic try something off the plan then add up to $20,000 extra for heavier footing if required..

    Start with looking at  some large budget builders like avjennings and see where are their display centers , you'll find more builders next to them to chose from. 

    http://www.avjennings.com.au/NSW/HomesToBuild/SingleStorey.aspx

    http://www.avjennings.com.au/NSW/HomesToBuild/DoubleStorey.aspx

    If you want to stay below $250,000 forget the architects and go mass produced, just find a plan that requires no changes or the least amount of changes. Remember that for them changes and extras is where the biggest profit comes from. ;-)

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    January 10, 2009 - 11:32 am

    There is a estimation of construction costs calculator here:
    http://www.bmtqs.com.au/construction_cost_calculator.htm

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 5 posts - 1 through 5 (of 5 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.