How Much Does It Cost to Build a House?

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How much does it cost to build a house?

00:00 How Much Does It Cost to Build a House?
00:29 1. What’s The Cheapest You Can Build A House For?
00:58 2. What’s The Actual Cost To Build A House Per Square Meter?
03:05 3. What Are Some Extra Costs You Need To Take Into Account?

According to The Urban Development Institute of Australia’s 2018 State of the Land Report, in 2017, Sydney’s median lot price was $476,000, Melbourne’s was $281,000, and Adelaide’s was $167,000.

The national average cost of land was $746 per sqm.

Average cost of building a home
The cost of building is influenced by many factors, but in June 2018, the Australian average was $1270.80 per sqm, according to the Australian Bureau of Statistics (ABS).

However, this figure doesn’t include design, planning permits, any site works or any cost blow-outs.

According to ABS June 2018 Buildings Approvals data, the average dwelling in Australia spans 251.7sqm, which puts the cost for the build portion at just under $320,000.

The cost to build a home is influenced by five key factors:

size
quality
site considerations
desired timeframe
complexity

DISCLAIMER:
This video offers no Legal, Financial and Taxation advice, and the information contained is general and does not take into account your personal situation. The Listener acknowledges, consents and agrees to the viewing of the content presented on the Channel is subject to the full Disclaimer (below) and agrees to be unconditionally bound by this Disclaimer.

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Hi we're looking at Perth. Have you any knowledge with Aussie Living? They build new homes and include land packages?

jacqepapara
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Want to know material costs of building a home

chiRal
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is it possible to build 3 level residential house in melbourne west suburbs, is it allowed?? as i have seen mostly max 2 level residential house here.

robinsingh
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Do you start payments on your mortgage before it’s finished being built?

soapiesoap
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Thanks. One quick question.
Turnkey package for $255, 000 for 4 2 2 house is a good deal?
What should we be aware of?

graceandtruth
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Loving the videos guys! I live in WA, and have noticed there are alot of advertising done for new home builds for First Home buyers. My question is how are people able to build new homes that may cost 350, 000 including land with 0 money down or a lower deposit of 5%.?

Looking forward to your response.

theraylopezexperience
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Hi Hunter, how much do you think you would save on $320, 000 for a basic home if you went owner builder ?

lukewalker
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is that u building or having builders build

milk_chemistry
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Show us the amounts it would help much more : )

louisfredericks