How Much to Build a 6 Bedroom House
Large families need large homes. And it's an unfortunate fact that as you look for bigger properties, the price tends to go up a lot too.
If you're wondering how much it costs to build a house, you'll be pleased to hear that it's often a lot cheaper than buying something that's already on the market.
The other main advantage is that you can design a home that fits your family. Whether you want separate living rooms, multiple bathrooms or something else entirely, building your own family home is the perfect solution.
The cost to build a 5 bedroom house
The average cost to build a 5 bedroom house varies depending on exactly what you want and your plot of land. For example, a home in Newcastle may be cheaper to build in Sydney, but only if it's flat and has good access.
As a general rule, the cost for building a 5 bedroom house can be broken down into three areas:
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50% for materials (including walls, flooring and finishing touches)
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35% for labour (including builders, designers and management)
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15% for admin (including council fees, permits and other forms of red tape)
Although there are many factors at play, a good starting point for your budget is to expect to pay $4,300 per square metre for a five bedroom house. This is based on having a level plot of land, a design that has two or more levels, drawn by an architect and a full brick finish.
The price will change depending on the materials used: a weatherboard house will bring prices down and a double brick home will push them up.
You can also save money by going with a building company that uses templated designs (often slightly customisable) rather than hiring an architect to design a home from scratch.
The benefits of building your own home
Building a home yourself is generally cheaper than buying one from the listings. This reduced cost is a key driving factor in many people choosing to buy an empty plot of land.
The other key benefit is that you can design a home that is perfect for your family. Only you know what you really want -- while one family might love a swimming pool another might prefer a tennis court and one might like a home cinema while another prefers an extra bathroom.
By designing your own home, you can style it exactly how you like. This goes for the look of the house too. Whether you want a sleek modern design or a retro finish, you can do that straight away.
The only real downside to building your own home is the length of time it takes. Rather than moving in straight away, you'll have to wait several months to take up residence.
The cost for additions
While a five-bedroom property does have its perks (and its needs) for a large family, if you're not quite yet there it may be wiser to start small and build up to your dream home in the future. Not only does this help with your budgeting, it also reduces the wait time before you can move in.
The cost to build a 3 bedroom house (and the cost to build a 4 bedroom house) is a lot cheaper than a five-bedroom house. If your family can currently fit into the smaller space, it's definitely worth considering as a starting point.
Then when the time comes for extensions, you can add those on with small costs and home loans. For a ground floor extension, it generally costs between $1350 per square metre and $1500 per square metre -- although this may change by the time your family grows.
If you want to add a second floor, it's likely that costs will be higher as builders will have to hire extra equipment to work at height. Expect a second level to cost between $1900 and $3000 per square metre.
How Much to Build a 6 Bedroom House
Source: https://hipages.com.au/article/average_cost_to_build_5_bedroom_house
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