So you’re thinking about a renovation but haven’t quite figured out what you’ll be able to get for your money? The Archicentre cost guide is your comprehensive outline on renovation and maintenance spending
Market summary:
Established home sales continue to remain strong following a period of great activity and Archicentre has seen increased interest in both renovations and new home design concepts. Price changes have been negligible since the last Cost Guide, but continued growth in other areas may fuel material and labour price rises into the future.
Check out Archicentre’s Do It Yourself Design Guide for Home Renovation, and Design Guide to Sustainability at www.archicentre.com.au.
Cost structure (approx. for new houses and major renovations)
Materials – 46%
Labour – 33%
Fees, levies, permits, taxes, GST – 21%
The Archicentre Cost Guide’s sample cost plan of an 80m2 ground-level addition
REPAIRS & ALTERATIONS TO EXISTING BUILDING
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$5304–$9180
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NEW BUILDING
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$2550–$3570
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EXTERNAL WORKS & SERVICES
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$4080–$7140
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OTHER COSTS & ALLOWANCES
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Excluded
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ESTIMATED TOTAL (incl GST)
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$164,526–$310,896
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Extensions
GROUND LEVEL (shell only) Single room (20m2) Larger extension per m2 Brick veneer Solid brick Weatherboard |
$17,544–$38,148$989–$1693 $1071–$1997 $881–$1652 |
UPPER LEVEL (shell only) Single room (20m2) Larger extension per m2 Brick veneer Solid brick Weatherboard |
$27,132–$47,022$1305–$2203 $1468–$2499 $1142–$1723 |
NOTE: The prices quoted in the Archicentre cost guide also apply to upper-level extensions when built at the same time as the ground level. Prices include removal of one or two walls at the junction of works. Inclusions: plasterboard walls, painted two colours maximum, with two or three power points per room. Exclusions: plumbing joiner and surfacing or wet areas, sanitary fixtures.
Repair & maintenance costs
FLOOR REPAIR Framing joists and bearers Floorboards (particleboard — feature timbers): |
$15–$31 per metre $33–$335 per m2 |
NOTE: Joist spacings for a normal room are 450mm apart. Bearer spacings are around 1500mm apart. So a 20m2 room would cost about $1185–$1550 to replace. *Areas under 10m2 will attract significantly higher installation costs. Excludes demolition. |
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GUTTERING & DOWNPIPES ZincalumeColorbond |
$30–$48 per metre $2540–$3400 (whole house) $38–$56 per metre $3000–$4020 (whole house) |
NOTE: Prices are based on an average house with 70 linear metres of guttering and four downpipes, supplied and fitted. |
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CONCRETING/PAVING New concrete path New driveway plain concrete coloured concrete Slate impression on concrete Stencilled concrete |
$49–$64 per m2$55–$73 per m2 $63–$87 per m2 $72 per m2 $82 per m2 |
NOTE: Based on average 75mm thickness and minimum area of 50m2 | |
FENCING Perimeter paling* (1600mm–1900mm) Front picket Gates single double |
$57–$100 per metre $51–$152 per metre$465–$665 $1255–$1795 |
NOTE: There are many varieties of fencing throughout Australia. This guide bases its prices on the Victorian type of perimeter fence. |