Property Depreciation and
Construction Cost Consultants


Quantity Surveyors - Cost Planning and Tax Depreciation
BMT & Assoc Provide Depreciation Schedules

Construction Costs Per Square Metre - Sydney

Construction Type

Level of Finish

Residential

Low

Medium

High

3br brick veneer project home, level block, shelf design $980 $1,250 $1,580
Architecturally designed executive residence $2,100 $3,250 $4,900
3br, 2 level brick veneer townhouse, including allowance for common property $1,260 $1,480 $2,200
3 level walk-up unit complex, concrete structure ground floor parking $1,420 $1,700 $2,200
Multi-level apartment building, including lift and basement car parking $1,600 $1,970 $2,940

Commercial

1-2 level open plan offices, including A/C, excluding fitout $1,260 $1,490 $2,160
1-4 level open plan offices, including A/C & lifts, excluding fitout $1,280 $1,510 $2,224
4-8 level open plan offices, including A/C & lifts, excluding fitout $1,520 $1,850 $2,325
8 levels and over, including A/C & lifts, excluding fitout $1,820 $2,064 $2,689

Industrial

High Bay Warehouse, standard config, concrete floor, metal clad (size < 3500sqm) $800 $900 $980
High Bay Warehouse, standard config, concrete floor, metal clad (size > 3500sqm) $790 $885 $950
High Bay Warehouse, standard config, concrete floor, pre-cast concrete wall clad (size < 3500sqm) $900 $990 $1,100
High Bay Warehouse, standard config, concrete floor, pre-cast concrete wall clad (size > 3500sqm) $890 $970 $1,050

Retail

Suburban shopping mall area including A/C $1,295 $1,620 $1,950
Bulky goods centre, concrete tiltup construction, including A/C, excluding fitout $1,100 $1,325 $1,490
Supermarket, including A/C, excluding fitout $1,280 $1,400 $1,530
Specialty shops, including A/C, excluding fitout, services capped $1,080 $1,250 $1,500

Hotels/Motels

Single level boutique motel, including A/C guest facilities $1,860 $2,390 $3,000
Single level tavern/hotel, including A/C, excluding loose item fitout $1,650 $2,050 $2,200
Licensed club, including A/C, bar, lounge, rec facilities $1,600 $2,100 $2,800
Multi-level, 3 star hotel including A/C, restaurant, bar, common facilities $2,380 $3,100 $3,500
The above rates are exclusive of GST. Please visit www.bmtqs.com.au for more information.
Regional Variations