How much does it cost to build a 2 bedroom house in Australia?

Generally, the cost of homeowners buying into a suitable housing development is likely to be cheaper than building. A 2 bedroom house build cost for a single level brick veneer townhouse has average costs of up to $3,000 per square meter in the property market. A two bedroom two storey home brick veneer townhouse can cost between $3,000 and $3,200 per square metre.

On top of the building price, the total cost to build a house includes various site costs, clearing and preparation.

• Reticulation (water and sewer)

• Driveways

• Fencing

• Building prices, insurance

• Drainage works and building costs

• Utilities

Building a new house is usually cheaper than buying an existing property, but this will depend on the property and its location. For example, Building on developed land, you may incur prime costs as the areas are easily accessible with utilities such as water. Building costs can be higher if the land has poor building covenants such as flood-prone areas or in a more expensive part of town. Generally, the cost of homeowners buying into a suitable housing development is likely to be cheaper than building. Still, buyers will need to consider the cost to build quality of the finished product, material costs, and the size of the land per square meter. If you are considering building your own house, make sure you instruct an architect or designer who knows what they are doing-especially if there's a need to pay upwards and get quotes of average price from several partner sites and supply chains for an accurate idea to avoid cost blow outs. Check the quality of construction materials, finishes, and artistry that will be used in your home building process.

House and vacant land packages are set up on the floor space where the buyer typically buys from two different parties; they will have contracts for both land planning permits and construction. House and land packages can be a cheaper option than purchasing custom-built homes.

A kit home is a house created by assembling prefabricated building materials manufactured off-site, including the floor coverings. These are usually built in the factory and delivered "kitted out" with everything needed to commence on site. The final price of kit homes can be cheaper than building from scratch because they don't require all of the work and labour costs involved with laying out plumbing or electricity services. However, they aren't as adaptable as custom designs that you build yourself with independent advice. Before purchasing one, give some thought to what features you'd like included and whether it's necessary to pay extra impacted costs for 'designer' options where practical alternatives exist at little or no additional charges.

Building a kit home is usually much quicker than building from scratch. It all depends on the size, soil quality, volatile exchange rates, and type of house you want, as well as which home builders you hire to build it for you, but typically the construction process can take a significant amount of time from 6 to 12 months for an average house or display home. Reduced productivity of equipment can also drag a building project. You might want to employ a project manager to supervise the building project.

Crucial factors in hidden approximate costs include the below.

• Costs of legal documentation such as strata fees, planning fees and council charges.

• Stamp duty and land transfer costs are levied by state governments where the property is transferred into your name.

• Services such as gas, electricity, water and sewerage connections

• Site preparation work for utilities

You can build a standard or architecturally designed 2 bedroom house that includes.

• Main bedroom with ensuite and walk-in robe

• Second bedroom with walk-in robe

• Additional main bathroom

• Separate toilet

• Dining room, study, or entertainment area

• A laundry, kitchen/meals area and second toilet

• Modern

• Transitional

• Traditional or Mediterranean

• Industrial

• Open plan layout with living, dining, and kitchen areas all open to each other

• Covered verandah for summer entertaining

Prefab homes are built in a factory before being taken to site and assembled by a home builder; they are generally more time-efficient than traditional building methods by a volume builder using cheaper materials. Because prefab structures don't require as much work onsite, they can be less expensive than conventional builds. They also require less labour, so their overall cost, once completed, will be cheaper. You can often customise your prefab home to include finishes such as window treatments, additional floor system coverings and cabinetry selection. These options may not always be available with a house and land package.

When purchasing a house and land package, you'll need to consider the below.

• The size of the block

• You might also need to carry out soil tests

• If there is a swimming pools included

• The type of fencing included

• Which appliances are provided with the residential projects such as a cooktop, oven, dishwasher, clothes dryer, etc.

These home and land packages are designed to meet housing needs for a more extended period without significant delays as infrastructure is rapidly changing.