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Construction Cost Table

Construction TypeLevel of Finish
ResidentialLowMediumHigh
Brick Veneer Project$980$1,250$1,580
Architecturally Designed$2,100$3,250$4,900
Townhouse$1,260$1,480$2,200
Walk Up Unit$1,420$1,700$2,200
Multi Level Apartment$1,600$1,970$2,940
Commercial
1-2 Level Office$1,260$1,490$2,160
1-4 Level Office$1,280$1,510$2,224
4-8 Level Office$1,520$1,850$2,325
> 8 Level Office$1,820$2,064$2,689
Industrial
Metal Warehouse <3500sqm$800$900$980
Metal Warehouse >3500sqm$790$885$950
Concrete Warehouse <3500sqm$900$990$1,100
Concrete Warehouse >3500sqm$890$970$1,050
Retail
Shopping Mall$1,295$1,620$1,950
Bulky Goods$1,100$1,325$1,490
Supermarket$1,280$1,400$1,530
Specialty Shops$1,080$1,250$1,500
Hotels/Motels
Motel$1,860$2,390$3,000
Single Level Hotel$1,650$2,050$2,200
Licensed Club$1,600$2,100$2,800
Multi Level Hotel$2,380$3,100$3,500

Regional Variations

Cairns115 %-130 %
Brisbane105 %-115 %
Sydney100 %-100 %
Canberra96 %-104 %
Melbourne98 %-108 %
Hobart87 %-97 %
Adelaide98 %-110 %
Perth100 %-120 %
Regional Varitation

The Calculation of Construction Costs

The above costs are calculated based on a Gross Floor Area (GFA) rate. Typically GFA can be defined as the sum of the fully enclosed covered floor area and the unenclosed covered floor area of a building at all floor levels, measured in a square metre rate. GFA consists of two elements:

  • FECA: Fully Enclosed Covered Area
  • UCA: Unenclosed Covered Area
FECA: Includes items such as: UCA: Includes items such as:
  • Basements
  • Attics
  • Garages
  • Penthouses
  • Lift shafts
  • Staircases
  • Columns and piers
  • Roofed balconies
  • Open verandahs
  • Porches and porticos
  • Attached covered walkways
  • Usable space under buildings

Costs provided are an average price for typical buildings as at the date of publication, allowing for preliminaries, builders profit and overheads. Costs can provide no more than a rough guide to the probable cost of building, as costs can vary significantly based on site conditions, level of fitout and design.


Disclaimer:
The construction cost information above is provided as a general guide to allow you to estimate the potential construction costs for a building type. However, the Cost Information is based on assumptions concerning construction type, quality and condition of inclusions which may differ from your personal circumstances. You acknowledge and agree you must undertake your own analysis and obtain independent construction, legal, financial and taxation advice before using, relying or acting on the Cost Information.
Any statements, estimates, or projections in the Cost Information concerning construction costs are not a representation as to future matters. No representation is made that your construction costs will be the same as for the relevant general building type in the Cost Information.
Neither BMT & Assoc, nor its directors, shareholders or advisors make any representation or warranty as to the accuracy or completeness of the Cost Information. Nor will they have any liability to you or any other party for any representations (express or implied) contained in, or any omissions from, the Cost Information.