How much does it cost to build a house in NSW 2021?
According to the Urban Development Institute of Australia’s (UDIA) 2021 State of the Land report, Sydney’s median lot price in 2020 was $495,000, or approximately $1,285 per sqm. The cost of building in NSW can then vary between $1,780 per sqm for an average low-cost build and up to $5,100 for a typical premium build.
How much does it cost to build a new home in NSW?
The average cost to build a house in Australia in 2018 was $313,800….Building costs per square metre.
| State | NSW |
|---|---|
| High range cost per m2 | $5,100 |
| 2017–2018 average floor area m2 | 220.5 |
| Low range total cost | $392,490 |
| High range total cost | $1,124,550 |
How much does it cost to build a 3 bed house in NSW?
The average cost of building a three-bedroom house is $1600 per square metre.
How much does it cost to build a house in Sydney?
In Sydney, building a new home can cost anywhere from $1190 for basic style to $3100 per square metre for luxurious style. $2900 per square metre for luxurious style. * The prices above are estimates and you should talk to a local builder for your own custom quotes
How can I estimate the premium for a residential building project?
Homeowners and builders can use our calculator to estimate the premium they will need to pay for a residential building project Our premium calculator can give you an estimated cost of the total insurance premium payable for your residential building project. This includes base premium, GST and stamp duty.
How accurate is the construction cost calculator?
Experienced builders who use our calculator have told us they can get to within 10% of the final cost – so the better your research for reasonable per-square-metre costs, the more accurate our calculator will be. For reasonable per-square-metre costs in Australia use BMT’s construction cost table .
How do I find out the construction cost of my property?
Select the Property Type, Quality of Finish, Estimated Year of Construction, Closest Major City and Construction Area, then click Calculate to find out the minimum and maximum ranges for the construction cost for your property. Available online or as an app for your iPhone, iPad or Android phone or tablet.