Construction costs per square meter in Australia can vary significantly depending on factors such as location, building type, quality of materials, and design complexity. With the everchanging cost of materials and other expenses we have put together an average over the past 5 years. Keep in mind that these figures are approximate and may change due to market fluctuations, inflation, or other factors. It's crucial to consult with local construction professionals and obtain up-to-date quotes for your specific project.
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1. Residential Buildings:
- Standard Quality: Approximately $1,200 to $4,000 per square meter.
- High-End Quality: Can exceed $3,500 per square meter.
2. Commercial Buildings:
- Retail/Commercial Space: Around $1,500 to $4,500 per square meter.
- Office Buildings: Typically in the range of $2,000 to $5,500 per square meter.
- Industrial/Warehouse: Generally lower, with costs ranging from $ to $2,500 per square meter.
3. Institutional Buildings:
- Schools and Educational Facilities: Usually fall within the range of $1,800 to $4,500 per square meter.
- Hospitals and Healthcare Facilities: Costs can be higher, ranging from$2,500 to $6,000 per square meter.
4. Specialised Buildings:
- Hotels and Hospitality: Costs can vary widely based on the level of luxury and amenities, but a rough estimate is $2,000 to $5,000+ per square meter.
- Aged Care Facilities: Typically in the range of $2,000 to $4,500 per square meter.
- Data Centers: These are highly specialized and can cost well over $10,000 per square meter.
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5. Infrastructure and Civil Construction:
- Roads and Highways: Costs vary significantly depending on location and scope, but it can range from $300 to $2,000+ per square meter.
- Bridges: Highly variable, but costs often exceed $3,000 per square meter.
- Utilities and Pipelines: Costs depend on the type and length of the infrastructure but can range from $500 to $2,000+ per square meter.
Remember that these figures are general estimates collated from a range of different surveys and government sites and can vary widely based on specific project requirements, such as site conditions, design complexity, finishes, and labor costs in your area. To get a more accurate estimate for your project, it's essential to consult with local architects, engineers, and contractors who can provide detailed cost assessments based on your project's unique characteristics and location. Additionally, consider inflation and market conditions, which can influence construction costs over time.
This guide provides approximate costs for each type of commercial shed construction, listed as square metre costs, kit only costs, and turn-key build costs.
Steelcorp&#;s Guide to Building Costs for Commercial Property
Commercial buildings such as warehouses, factories, workshops and storage facilities can span a wide range of designs and complexities. Some are simple shell structures, and others have multiple inclusions such as cantilevered awnings, mezzanine floors, adjoining offices and oversized roller doors.
Whilst every commercial shed construction project is different, it can be helpful at the outset of your project to have a rough idea of cost estimates for different types of commercial buildings.
The below figures offer approximate prices for the types of structures we design at Steelcorp, namely larger commercial buildings. It goes without saying that these figures are a guide only, however, our professional team would be happy to discuss your individual project to help you firm up your budget.
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