hello all, is any one else finding that the builders in WA are getting very competitive in there pricing. What is a realistic per sqm price for ground and first floor currently? I feel there maybe more movement yet?
Hi lot 921,
There is strong competition in the building sector at the moment. We are seeing 3x2s that were costing the 220k mark being quoted at the 185k range from multiple builders. New housing starts are down 50% on last year. There is definite pain out there at the moment. Build times are also well down duplexes are being done in 6-9 months depending on the builder.
A word of warning however selecting a builder on the lowest price is not always the best thing, especially if they are going broke.
Investigate your builder throughly and don’t take the standard builders contract. Get terms and conditions on your side.
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