How much does it cost to build in Victoria, Australia?

ISSUE 01.

Custom Home in Torquay, Vic. Design and Build by Sherriff.

How to budget for your new home design and build

The cost of building your custom designed home in Torquay, Geelong, The Bellarine and surrounding areas can vary significantly depending on the size of your home, material choices and finishes, to name a few.

It's challenging to put an exact figure on the cost, as every design and build is unique and tailored specifically to our clients. We recommend the first step would be to book in an initial consultation with us to see how we can work with you to meet your budget and vision. But what are some of the key things to consider when planning your budget?

Some key points to consider when preparing your new home budget in Victoria, Australia.

1. The size of your home:

This is one of the biggest factors that will affect the cost of your home. A larger home will require more labour and materials, resulting in a higher cost as opposed to a smaller home.

2. Your site location:

The location of your home will also affect the cost of building. Site preparation, excavation and utility access all vary depending on your site location.

3. Materials:

The materials used when building your home can make a huge difference to the overall price. We suggest trying to limit the amount of steel used, where possible, as steel is one of the main culprits that will quickly increase the overall price.

4. Interiors:

Your interior selections play a huge part in the overall cost. Many people don’t realise that things such as the shape of a tile can drastically vary in price, this is because some finishes are harder to lay than others, which means more labour is required for installation. Other things to consider are natural stone vs. engineered stone, solid timber vs engineered timber, synthetic carpet vs wool. Often the difference between the two in appearance and touch is very little, but the price can be over double!

5. Labour:

Each sub-trade has different labour costs and variations for different materials and finishes. At Sherriff we have a strong relationship with our sub-trades and we know first-hand that their quality and workmanship is to the highest standard and that they all have an exceptional eye for detail. This is why we don’t engage with other trades and suppliers because we know that the people we work with will help us and you to build an incredible home.

We are here to help you keep your costs and budget under control!

These are just a few key aspects that will add or subtract from the cost of your home. However, the design and building process is complex and there are a huge variety of things that will increase or decrease the cost of your home. We are here to work with you to ensure we can achieve the home of your dreams and stick within your budget.

This is just one of the benefits of working with a design and construct company as we are here to help you keep costs under control by providing cost estimates upfront and working within your budget. Our design team works closely with our construction team which will allow us to identify potential cost savings opportunities and suggest alternative solutions that can help you achieve your goals while staying within your budget and keeping to your vision.

To learn more about the benefits of working with a design and construct company keep an eye out for our next blog issue!

Ready for your custom home? Let's chat.