Buliding Cost

The figures quoted in the article are indicative of the huge rise in building costs in recent times. Whilst I dont agree with the figures, the principal of whats happening is completely true.
I’m in the process of getting quotes to build a 4 br house and its amazing the different prices being thrown around.

I’m finding that if you go to the builders direct, they quote huge prices simply because they dont want the work. They’re booked out 12 months in advance, and if they snag an unknowing buyer at $80,000 or so above realistic prices then they’ll be laughing all the way to the bank (and very obliging to your needs by the way!![])
If you go to marketing companies like Executive Homes, Glenbrae etc, the prices are more realistic.

So what I’m basically saying here is, yes what they’re saying in the article is true BUT look around and find companies which represent builders. Not only will the prices be fairer, but you’re protected by contracts which prevent unjustified price rises.

Hope this sheds some light on the subject.

Oh and by the way, where I live (Albury) allowing $8,500-9,000 per square (not square metre) is reasonable.

Hi Nessie,

I may be a little out of the loop – being in Albury – but I’d be pretty confident in saying that that price is damn high. Mind you, there are a lot of variables when looking at quotes – ie excavation required, additional structural needs etc etc.

Still, I’d be doing more shopping around if I were you.

Good luck!

Hi Sooshie,

Does your brother-in-law wish he never demolish the old house?? A block of land recently sold in my street after the oringal owners bought the property to build a new house on. They demolished the old house, then got quotes to build, soon realised they couldnt afford it, and the block lay untouched for years!

Have a great day.

Andrew.