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Construction periods
|
|
Value $ Million
|
Documentation Period (weeks)
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Construction Period (weeks)
|
Project Period (weeks)
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Simple Projects
eg. warehouses etc.
|
1.5 - 3
|
4 - 9
|
17 - 26
|
21 - 34
|
|
3 - 5
|
7 - 10
|
26 - 43
|
32 - 53
|
Average Projects
eg. multi-storey offices, units, etc.
|
9 - 15
|
26 - 34
|
43 - 60
|
68 - 94
|
|
25 - 45
|
34 - 43
|
85 - 128
|
119 - 170
|
|
100 - 125
|
51 - 77
|
111 - 136
|
162 - 221
|
Complex Projects
eg. concert halls, hospitals, art galleries, etc.
|
3
|
12
|
26
|
37
|
|
4 - 8
|
15 - 21
|
34 - 51
|
49 - 72
|
|
15 - 25
|
43 - 51
|
51 - 68
|
94 - 119
|
|
50 - 100
|
68 - 85
|
128 - 170
|
196 - 255
|
Note:
The area is based on Gross Floor Area
This building cost calculator is based on single building rates provided by Andrew
Nock Valuers for the gross floor area of a building. The gross floor area is the
total of the fully enclosed covered floor areas of a building over all floor levels
measured. Measurements should be based on the external measurements of the building
that is including the thickness of all walls. In this building cost-calculator unenclosed
covered areas are not included in the gross floor area.
Building cost rates per square metre - a disclaimer
Estimated building costs only provide an indicative value of the likely cost of
rebuilding a building within that category. While a single rate does provide a reasonable
guide in many instances it should not be relied on to set a declared value or sum
insured for a building. It should be regarded as a reasonable test only. There are
a vast many factors which can influence the true replacement value of building.
Please note that the building cost rates do not include allowance for the following:
- Access
- Demolition
- External services outside 3 metres,
- External structures, i.e. balconies, verandahs, covered ways, carports, garages
- Furniture and furnishings
- Goods and Services Tax (GST)
- Heritage issues
- Hoardings
- Lead time for demolition, design, approvals, tender and rebuilding
- Legal and professional fees
- Loose or special equipment
- Plant and equipment not an integral part of the building
- Regional locations
- Site conditions
- Special design features
- Special fixtures, fittings, finishes
- Zoning restrictions
Obtaining an accurate valuation
Rather than rely on this building cost estimator, you can obtain a quotation or
arrange for a full valuation by Andrew Nock Valuers by clicking here