How much to knockdown and rebuild a house in Sydney?

Here's a detailed breakdown of knockdown and rebuild costs in Sydney (2024 figures):

Total Project Cost Ranges:

  • Basic/Project Home: $600,000 - $800,000

  • Mid-range Home: $800,000 - $1.2M

  • Premium/Custom: $1.2M - $2M+

Breakdown of Specific Costs:

  1. Demolition Phase ($20,000 - $50,000)

  • Basic demolition: $15,000 - $30,000

  • Asbestos removal: $5,000 - $20,000

  • Site clearing: $3,000 - $7,000

  • Service disconnection: $2,000 - $4,000

    2. Build Costs (Per Square Metre)

  • Project home: $2,200 - $2,800/m²

  • Mid-range: $2,800 - $3,800/m²

  • Luxury/Custom: $3,800 - $5,500+/m²

    3. Council & Documentation

  • DA fees: $5,000 - $15,000

  • CDC fees: $3,000 - $8,000

  • Engineering: $3,000 - $10,000

  • Surveyor: $2,000 - $4,000

  • Architect/Designer: 3-10% of build cost

Sydney-Specific Factors:

  1. Location Variables

  • Eastern Suburbs: 10-15% premium

  • North Shore: 5-10% premium

  • Western Sydney: Close to average

  • South Sydney: Around average

  • Inner West: 5-10% premium

    2. Site Challenges

  • Sloping blocks: +$20,000 - $100,000

  • Access issues: +$5,000 - $20,000

  • Rock removal: +$10,000 - $30,000

  • Soil conditions: +$5,000 - $25,000

    3. Council Requirements

  • BASIX compliance

  • Heritage considerations

  • Floor space ratio

  • Height restrictions

  • Setback requirements

Additional Costs:

  1. Temporary Living

  • Rental accommodation: $30,000 - $50,000 (12 months)

  • Storage: $3,000 - $6,000

  • Moving costs: $2,000 - $4,000

    2. Site-Specific Works

  • Landscaping: $20,000 - $50,000

  • Driveway: $5,000 - $15,000

  • Fencing: $5,000 - $15,000

  • Retaining walls: $10,000 - $30,000+

    3. Interior Finishes

  • Basic: Included in build cost

  • Mid-range upgrades: $50,000 - $100,000

  • Luxury upgrades: $100,000 - $200,000+

Cost-Saving Strategies:

  1. Planning Phase

  • Volume builders vs custom

  • Simple design elements

  • Standard materials

  • Efficient floor plan

  • Minimal site works

    2. Construction Phase

  • Fixed-price contract

  • Bundle trades

  • Bulk material orders

  • Regular site supervision

  • Clear communication

Important Considerations:

  1. Timeline Expectations

  • Council approval: 3-6 months

  • Demolition: 2-3 weeks

  • Construction: 8-15 months

  • Total project: 12-24 months

    2. Builder Selection

  • Multiple quotes

  • Check licenses

  • Verify insurance

  • Past project inspection

  • Client references

    3. Risk Management

  • 10-15% contingency budget

  • Detailed contracts

  • Progress payments

  • Regular inspections

  • Weather considerations

    4. Market Considerations

  • Area median prices

  • Future growth potential

  • Overcapitalization risk

  • Resale appeal

  • Neighborhood standards

Best Approach:

  1. Research builders extensively

  2. Get 3-4 detailed quotes

  3. Check council requirements early

  4. Have clear contracts

  5. Plan for contingencies

  6. Consider long-term value

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