Construction Costs Per Square Metre
The table below details the approximate Construction Costs per square metre to build a property in Sydney. Other major cities can be calculated using the Regional Variations table located further down the page.
| Construction Type | Level of Finish | ||
| House | Low | Medium | High |
| 3br brick veneer project home, level block, single level, shelf design | $1,065 | $1,270 | $1,630 |
| 3br full brick project home, level block, single level, shelf design | $1,090 | $1,305 | $1,670 |
| 4br brick veneer home, level block, single level, unique design | $1,570 | $1,750 | $1,950 |
| 4br full brick home, level block, single level, unique design | $1,640 | $1,810 | $2,010 |
| 3br brick veneer project home, level block, two level, shelf design | $1,110 | $1,310 | $1,710 |
| 3br full brick project home, level block, two level, shelf design | $1,130 | $1,400 | $1,790 |
| 4br brick veneer home, level block, two level, unique design | $1,700 | $1,900 | $2,050 |
| 4br full brick home, level block, two level, unique design | $1,780 | $1,970 | $2,250 |
| Architecturally designed executive residence | $2,160 | $3,250 | $5,050 |
| Townhouse | |||
| 2br, single level brick veneer townhouse, including allowance for common property | $1,250 | $1,490 | $1,740 |
| 2br, 2 level brick veneer townhouse, including allowance for common property | $1,350 | $1,580 | $1,900 |
| 3br, single level brick veneer townhouse, including allowance for common property | $1,235 | $1,475 | $1,725 |
| 3br, 2 level brick veneer townhouse, including allowance for common property | $1,340 | $1,610 | $2,270 |
| Units | |||
| 3 level walk-up unit complex, concrete structure, ground floor parking | $1,650 | $1,820 | $2,320 |
| 3 level walk-up unit complex, concrete structure, basement parking | $1,615 | $1,785 | $2,285 |
| 4-8 level walk-up unit complex, concrete structure, ground floor parking | $1,720 | $1,950 | $2,650 |
| 4-8 level walk-up unit complex, concrete structure, basement parking | $1,650 | $1,920 | $2,615 |
| 8 or more level unit complex, including lift and basement car parking | $1,710 | $2,280 | $3,030 |
| Commercial | |||
| 1-4 level open plan offices, including A/C & lifts, excluding fit out | $1,480 | $1,760 | $2,290 |
| 4-8 level open plan offices, including A/C & lifts, excluding fit out | $1,620 | $1,850 | $2,400 |
| 8 levels and over, including A/C & lifts, excluding fit out | $1,880 | $2,064 | $2,770 |
| Industrial | |||
| High Bay Warehouse, standard config, concrete floor, metal clad | $810 | $885 | $980 |
| High Bay Warehouse, standard config, concrete floor, pre-cast concrete wall clad | $1,050 | $1,110 | $1,20 |
| Retail | |||
| Suburban shopping mall area including A/C | $1,590 | $1,810 | $2,100 |
| Supermarket, including A/C, excluding fit out | $1,380 | $1,500 | $1,670 |
| Hotels/Motels | |||
| Single level boutique motel, including A/C, guest facilities | $2,650 | $3,200 | $4,500 |
| Single level tavern/hotel, including A/C, excluding loose item fit out | $1,980 | $2,350 | $2,650 |
The above rates are exclusive of GST.
| Regional Variations | |
| Cairns | 115 – 130% |
| Brisbane | 105 – 115% |
| Sydney | 100% |
| Canberra | 96 – 104% |
| Melbourne | 98 – 108% |
| Hobart | 87 – 97% |
| Adelaide | 98 – 110% |
| Perth | 100 – 120% |
| Darwin | 110 – 120% |
If your development is not located in Sydney, you can still estimate the construction cost of a development by applying a regional variation percentage. Simply multiply the construction cost by the regional variation percentage. This will give you an approximate cost for the construction type per square metre in your area. Mortgage House would like to thank BMT Quantity Surveyors for providing this information.