Australia Building Construction Cost

KCPartnership Building Constructions Cost guide provides a great tool for property builders and investors to have a better understanding of the building cost. Also, the tables provide great comparison and insights of the construction costs in major cities in Australia.
Follow this guide based on the information provided by 
AIQS.

KC Partnership - Logo - site icon White colour
Residential

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
 Standard House (Basic)  $ 1,417 $ 1,243 $ 1,357 $ 1,057 $ 1,153 $ 1,224
 Standard House (Medium)  $ 1,653 $ 1,530 $ 1,583 $ 1,579 $ 1,812 $ 1,837
 Standard House (High)  $ 5,211 $ 2,623 $ 3,958 $ 2,340 $ 2,745 $ 2,296
 Townhouse  $ 2,362 $ 1,887 $ 2,261 $ 1,656 $ 1,702 $ 1,837
 Apartments – Low Rise  $ 2,244 $ 2,013 $ 2,148 $ 1,734 $ 1,921 $ 2,143
 Apartments – High Rise (Medium)  $ 2,493 $ 2,568 $ 2,387 $ 2,453 $ 2,360 $ 2,449
 Apartments – High Rise (High)  $ 2,965 $ 2,896 $ 2,839 $ 3,270 $ 2,470 $ 3,673

Accommodation

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Motels $ 2,830 $ 2,459 $ 2,710 $ 2,537 $ 3,129 $ 2,726
Hotels (Suburban single or double storey ) $ 3,387 $ 2,678 $ 2,968 $ 2,551 $ 3,129 $ 2,998
Hotels (Medium to high rise) $ 4,516 $ 3,333 $ 3,505 $ 3,834 $ 3,568 $ 3,592

Offices

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Suburban
Suburban office building building up to three storeys $ 2,359 $ 2,350 $ 2,258 $ 1,959 $ 2,031 $ 2,296
Suburban bank up to three storeys $ 4,099 * $ 2,710 $ 3,355 $ 3,788 *
Central Business District (CBD)
Low rise office building up to three storeys $ 3,100 * $ 2,968 $ 2,946 $ 2,306 $ 2,985
Medium – high rise office building up to fifteen storeys $ 3,369 $ 2,768 $ 3,226 $ 3,000 $ 2,745 $ 3,291
High rise office building up to thirty five storeys $ 4,043 $ 3,649 $ 3,871 $ 3,300 $ 3,239 *
High rise office building over thirty five storeys $ 5,500 $ 3,716 $ 4,516 $ 4,400 * *

Industrial

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Single storey factory with small span for light industry $ 1,011 $ 793 $ 968 $ 832 $ 933 $ 734
Single storey factory with large span for heavy industry $ 1,101 $ 755 $ 1,097 $ 944 $ 1,043 $ 845
Single storey warehouse $ 808 $ 793 $ 774 $ 725 $ 714 $ 734
Multi storey warehouse $ 1,752 * $ 1,677 $ 1,550 * *

Shopping

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Single storey retail shop or showroom $ 1,772 $ 1,202 $ 1,696 $ 958 $ 1,317 $ 918
Single storey suburban supermarket of large chain $ 2,008 $ 1,508 $ 1,922 $ 1,579 $ 1,372 $ 1,496
Regional complex up to three storeys $ 2,837 $ 2,517 $ 2,581 $ 2,185 $ 2,196 $ 1,837
Central Business District (CBD) store $ 3,474 $ 3,523 $ 3,226 $ 2,946 $ 2,800 $ 2,296

Health

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Hospitals
Single storey district hospital $ 5,384 $ 3,661 $ 3,613 $ 3,538 $ 4,007 $ 4,171
Multi storey general hospital (200 beds) $ 5,842 $ 4,864 $ 5,161 $ 4,722 $ 6,038 $ 6,284
Multi storey maternity hospital (100 beds) $ 6,079 $ 4,645 $ 4,645 $ 4,327 $ 5,490 $ 5,285
Medical Centre
Single storey medical centre $ 3,647 $ 3,060 $ 2,710 $ 2,157 $ 2,909 $ 2,526
Child care centres $ 2,432 $ 2,055 * $ 1,861 $ 2,635 $ 2,679
Community care centres $ 2,895 $ 2,011 $ 1,935 $ 1,677 $ 2,635 $ 2,296

Civic Buildings

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Municipal Centres
500 person capacity main hall $ 2,657 $ 2,328 $ 2,544 $ 2,058 $ 2,251 $ 1,913
750 person capacity main hall $ 3,556 $ 3,146 $ 3,355 $ 3,002 $ 2,690 $ 2,602
1000 person capacity main hall $ 4,796 $ 3,775 $ 4,258 $ 3,397 $ 3,843 $ 3,214
2000 person capacity main hall $ 5,623 $ 4,153 $ 4,774 $ 4,384 $ 4,172 $ 3,520
Library $ 3,369 $ 3,115 $ 3,226 $ 2,932 $ 3,568 $ 3,309
Court House $ 4,796 $ 4,027 $ 4,258 $ 3,538 $ 3,843 $ 6,143
Police Station $ 2,965 $ 3,523 $ 2,839 $ 2,847 $ 3,513 $ 4,567

Educational

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Primary school $ 2,598 $ 2,066 $ 2,488 $ 1,410 $ 3,074 $ 2,788
Secondary school $ 2,610 $ 2,082 $ 2,601 $ 1,959 $ 3,239 $ 2,351
School laboratory block $ 3,161 $ 3,006 $ 2,940 $ 2,847 $ 3,513 $ 2,755
Technical College $ 2,837 $ 2,568 $ 2,770 $ 2,551 $ 2,800 $ 2,477
University
Residential college $ 3,387 $ 2,896 $ 2,770 $ 2,551 $ 2,800 $ 2,372
Administration block $ 2,762 $ 2,678 $ 2,452 $ 2,749 $ 3,019 $ 2,755
Tutorial and lecture room block $ 3,343 $ 2,894 $ 2,968 $ 2,777 $ 3,129 $ 2,908
Lecture theatre $ 3,924 $ 3,410 $ 3,484 $ 3,341 $ 3,294 $ 3,520
Library $ 3,343 $ 3,115 $ 2,968 $ 3,143 $ 3,074 $ 2,602
Laboratory and science block $ 5,500 $ 3,552 $ 4,645 $ 4,130 $ 3,843 $ 4,439

Recreational

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Sporting
Social sports club up to two storeys $ 2,507 $ 2,678 $ 3,392 $ 2,537 $ 2,690 $ 2,659
Single storey sports pavilion $ 2,115 $ 2,241 $ 3,053 $ 2,002 $ 2,141 $ 1,995
Basketball centre $ 1,405 $ 1,803 $ 2,488 $ 1,311 $ 1,921 $ 1,427
Squash court (standard finish) $ 1,488 $ 1,694 $ 2,544 $ 1,494 $ 2,141 $ 1,509
Squash court (high standard) $ 1,777 $ 2,202 $ 2,657 $ 1,748 $ 2,306 $ 2,050
Bowling alley $ 1,935 * $ 1,935 * * $ 1,391
Single storey community recreation centre $ 1,449 $ 1,803 $ 2,375 $ 1,650 $ 2,635 $ 1,459
Cinema $ 3,173 * $ 3,226 $ 2,255 $ 3,129 $ 2,449

Miscellaneous

 Sydney   Brisbane   Melbourne   Perth   Adelaide   Canberra 
Single storey tavern $ 2,696 $ 3,410 $ 2,581 $ 3,425 * *
Single storey service station $ 2,126 $ 1,950 $ 2,035 $ 1,846 * *
Single storey aged persons home infirmary $ 2,894 $ 2,022 $ 2,770 $ 1,987 $ 2,635 $ 2,143
Single or double storey aged person housing units $ 2,291 $ 2,241 $ 2,194 $ 2,058 $ 2,800 $ 2,449
Church hall (standard) $ 1,772 $ 1,312 $ 1,696 $ 1,198 $ 1,208 $ 1,224
Church (basic design) $ 2,126 $ 1,749 $ 2,035 $ 1,550 $ 2,306 $ 1,837
Church (high quality) $ 4,488 $ 3,552 $ 4,297 $ 3,242 $ 3,129 $ 2,992
Standard amenities block minimum finishes $ 3,484 $ 3,020 $ 3,336 * $ 2,580 $ 1,837

Order Residential Packages

KC Partnership provides 3 tax depreciation packages for your residential property to suit all budgets. First, add your preferred residential depreciation package to your shopping cart. Second, fill in your information at the cart and proceed to check out. After payment is confirmed, we will get started on saving you money through tax depreciation.

Speak with a Quantity Surveyor?

KC Partnership’s residential team prides itself on maximising returns for our clients, always going the extra mile. We are Australian’s leading tax depreciation specialists who completing in excess of 3,000+ reports annually. Each report is prepared and reviewed by a Quantity Surveyor, to ensure you receive high quality, precise tax depreciation report.

Where site inspections are needed, our surveyors perform a thorough inspection of your property including any common areas needed to complete your tax depreciation schedule. This will then be submitted to your accountant who will claim your tax refund where available.

KC Report Final - Small

Specialising in Depreciation For Over 15 Years

KC Partnership has been providing professional tax depreciation services to our commercial clients since 2005. We have a Quantity Surveying experience on most property types, from Vineyards through to 5* Resorts. Employing a Quantity Surveyor to complete your Commercial Tax Depreciation Schedule should not be taken lightly. Commercial property is very different from Residential and involves having a team with extensive experience with the current legislation and estimating of commercial property. Remember not all Quantity Surveyors are able to complete a depreciation schedule, it is a complex area and should only be completed by an appropriatly qualified company.

Call For a Quote:

1300 726 098

Related Services

law-firm-06

Financial Services

KC Partnership works closely with a number of financial services to assist clients on their superannuation and portfolio.

construction-18

Property Investments

Building client’s wealth is one of our missions in KC Partnership. We aim to increase client’s cash flow through depreciation. 

accountant

Accounting

As a chartered Quantity Surveyor specialized in tax, we work closely with accountants that provide bilingual services. 

F.A.Q.

Our professional Quantity Surveyors have put together a frequency asked questions for our clients. If you have any further questions, click the button below and we will get in touch shortly. 

My property has been refurbished can i depreciate these costs?

Most older style properties will have had some sort of refurbishment work, whether a new kitchen or bathroom which will attract depreciation. Our Quantity Surveyor will be able to establish the cost of the works even if you don’t have receipts to include within your depreciation schedule.

How do you estimate the costs for the depreciation schedule?

The ATO have recognised that Quantity Surveyors are one of the few professionals to have the appropriate skills to calculate the cost of items for the purposes of depreciation in accordance with TR 97/25. We prepare depreciation schedules for all property types, estimating the historical construction costs using our extensive cost databases and in house resources.

What is the difference of a depreciation report and a valuation report?

A depreciation report shows the yearly tax depreciation of your investment property for a series of years, which can be used at your tax return to help reduce your taxable income and thus reducing your tax payable. The depreciation calculation is based on the construction cost with a fair allowance for the purchase price.

A valuation report shows the value of your property at a specific time point that you can use to calculate your capital gain or loss when you sell the property. The valuation of a property is based on the market condition as well as many other property attributes.

Is it worth to have a depreciation report if the property is more than 10 year’s old?

This will be a case by case scenario and will also need to take account of when you made the purchase (referring to the next question). Technically speaking, the depreciation of capital structures will be 40 years, which include both the originally constructed structures and any other additions in the years after, starting from the time when that structure was established. However, the value of the depreciation varies due to the condition of the property as well.

I just changed my main occupancy to an investment property, how will the depreciation be affected?
Nulla quis lorem ut libero malesuada feugiat. Vestibulum ac diam sit amet quam vehicula elementum sed sit amet dui. Quisque velit nisi, pretium ut lacinia in, elementum id enim. Sed porttitor lectus nibh. Mauris blandit aliquet elit, eget tincidunt nibh pulvinar a. Nulla porttitor accumsan tincidunt.

Contact Us

133 Mary Street, Brisbane QLD 4000

1300 726 098

info@kcpartnership.com.au