Build Costs
Design Costs
You may opt for an architect, skilled building designer or interior designer to translate your project desires. The charge for their services is likely to be 5 to 10% of the approximate build price, determined by their own pricing structure.
Building Costs
It is likely the design presented by your design professional will be above the initial scope hoped for. When conceiving a building project, you, the client, will want to put all of your wishlist items in and the designer will respond accordingly. It is then priced accordingly. A typical architectural build generally starts at $3500 per square metre.
Have building costs gone up?
Whilst building costs have always fluctuated with rise and fall, the last few years have really highlighted the globalisation of supply markets and led to a sharp increase. While we are not economists, we sense that the increase seems to be settling in, so price increases will quickly become the new normal.
None of these forces seems to have dulled people’s desires to build and the innovative nature of the building industry means there are ways to overcome any type of challenge.
A note on off-form concrete
A current popular choice for truly distinct homes, while it costs more it also gives back through great longevity and a luxury tactility that can’t be replicated. A rough starting idea of the cost is $5500m2 (some could be up to $7000m2).
Cost of getting out-of-ground
These costs refer to site establishment, foundational costs, planning costs, permits, etc. They can range from 10 to 20% of the overall price.
Prelims
These are a fixed rate and are very similar to the oncosts in a business. It includes supervision, costs of running the site, site establishment, scaffolding, toilet hire etc and usually will come in at 10-15%.
Please note these prices vary based on location. As mentioned these prices will and maybe even have changed due to the pace material costs are changing. So please take this as an informative, rough estimate you can use to gauge a very broad idea of the cost of building.
