How much does it cost per square Metre to build a house in NZ?
Nationally, the average expected cost to build a home is $346,000 at $1906 a square metre. However, the cost generally works out as 10% more than that. If you’re looking to save money on building a new home, your best bet is the West Coast, where it costs an average of $274,000 to start a…
Nationally, the average expected cost to build a home is $346,000 at $1906 a square metre. However, the cost generally works out as 10% more than that. If you’re looking to save money on building a new home, your best bet is the West Coast, where it costs an average of $274,000 to start a property from scratch.Click to see full answer. Likewise, how much does it cost to build a house in NZ in 2018?According to QV Costbuilder, the average 2018 construction cost for a 150 sq m three or four-bedroom house – smaller than the Australian example – was $310,315 in Auckland, $311,250 in Christchurch, $282,190 in Dunedin, $289,690 in Waikato, and $285,940 in Wellington.Also Know, how much does it cost to build a house per square Metre? Building costs per square metre State Lower range cost per m2 Higher range cost per m2 NSW $1,780 $5,100 VIC $1,720 $3,300 QLD $1,800 $4,000 SA $1,580 $3,450 Beside above, how much does it cost to build a home in NZ? As a very rough starting point, $1500 m2 is very cheap, $2-2500 m2 is more usual and then anything from $3000 m2 and up is more consistent with bespoke designed houses.Is it cheaper to buy or build NZ?ANZ economists say that despite rising construction and land costs, the high existing house prices in New Zealand have made building a house more attractive relative to buying an existing one. “Building tends to increase when the cost of a new build becomes cheaper relative to buying an existing dwelling,” they say.
