Average Costs of Construction in Australia

The BMT Construction Cost Table is a useful guide to the cost of construction for a variety of building types including, houses, townhouses, residential apartments, office blocks, industrial warehouses, supermarkets, shopping centres, hotels and motels.

Choose your finish then multiply by the regional variations table below to find out the approximate cost per construction type per square metre in your area.

All prices below are quoted exclusive of GST.

Construction Cost Table

Construction Type
Level of Finish
House
Low
Medium
High
3br weatherboard project home, level block, single level,shelf design
$1,085
$1,245
$1,595
3br brick veneer project home, level block, single level, shelf design
$1,130
$1,290
$1,640
3br full brick project home, level block, single level, shelf design
$1,170
$1,330
$1,710
4br weatherboard home, level block, single level,shelf design
$1,640
$1,750
$2,245
4br brick veneer home, level block, single level, unique design
$1,740
$1,835
$2,370
4br full brick home, level block, single level, unique design
$1,910
$2,230
$2,450
3br brick veneer project home, level block, two level, shelf design
$1,175
$1,340
$1,720
3br full brick project home, level block, two level, shelf design
$1,170
$1,440
$1,830
4br brick veneer home, level block, two level, unique design
$1,810
$1,980
$2,270
4br full brick home, level block, two level, unique design
$1,850
$2,030
$2,320
Architecturally designed executive residence
$2,600
$3,450
$5,050
Townhouse
2br, single level brick veneer townhouse, including allowance for common property
$1,535
$1,830
$2,120
2br, 2 level brick veneer townhouse, including allowance for common property
$1,590
$1,870
$2,250
3br, single level brick veneer townhouse, including allowance for common property
$1,505
$1,800
$2,090
3br, 2 level brick veneer townhouse, including allowance for common property
$1,570
$1,920
$2,270
Units
3 level walk-up unit complex, concrete structure, ground floor parking
$1,820
$1,980
$2,480
3 level walk-up unit complex, concrete structure, basement parking
$1,795
$1,955
$2,455
4-8 level walk-up unit complex, including lift, concrete structure, ground floor parking
$2,090
$2,280
$2,850
4-8 level walk-up unit complex, including lift, concrete structure, basement parking
$2,040
$2,250
$2,810
8 or more level unit complex, including lift and basement car parking
$2,060
$2,430
$3,290
Commercial
1-4 level open plan offices, including A/C & lifts, excluding fit out
$1,890
$2,150
$2,590
4-8 level open plan offices, including A/C & lifts, excluding fit out
$2,050
$2,240
$2,720
8 levels and over, including A/C & lifts, excluding fit out
$2,960
$3,170
$3,350
Industrial
High Bay Warehouse, standard config, concrete floor, metal clad
$920
$1,040
$1,130
High Bay Warehouse, standard config, concrete floor, pre-cast concrete wall clad
$1,140
$1,210
$1,360
Retail
Suburban shopping mall area including A/C
$2,280
$2,400
$2,750
Supermarket, including A/C, excluding fit out
$1,470
$1,590
$1,820
Hotels/Motels
Single level boutique motel, including A/C, guest facilities
$3,000
$3,500
$4,750
Single level tavern/hotel, including A/C, excluding loose item fit out
$2,550
$3,100
$3,800

Regional Variations

Cairns
115 %
130 %
Brisbane
105 %
115 %
Sydney
100 %
100 %
Canberra
96 %
104 %
Melbourne
98 %
108 %
Hobart
87 %
97 %
Adelaide
98 %
110 %
Perth
100 %
120 %
Darwin
110 %
120 %


BMT Tax Depreciation Quantity Surveyors Australia-Wide


If your development is not located in Sydney, you can still use these rates as a guide by applying a regional variation percentage. Simply multiply the construction cost by the regional variations opposite. This will give you an approximate cost for the construction type per square metre in your area.

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:
Basements
Attics
Garages
Penthouses
Lift shafts
Staircases
Columns and piers
UCA: Includes items such as:
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.