The True Cost of Building A New Home In Sydney

Brett Anderson

Hyspec Homes

i 3 Contents

The True Cost of Building A New Home In Sydney

The True Cost of Building A New Home In Sydney

If you’re looking to build a home in Sydney, you may think it’s quite a daunting and expensive task – after all, Sydney is one of the most expensive places to live in the entire country. It seems like a simple question to ask, but it doesn’t have a particularly simple answer. However, there is something we can say with confidence: building a new home can be much cheaper than buying a pre-existing home.

If you’re wondering about the cost of building a new house Sydney, here are some expenses you may need to budget for.

 

Land Costs

One of the most significant expenses when building a home in Sydney is not the cost of the build itself, but the cost of land. The price of land in Sydney is some of the priciest around, with a square metre of greenfield land costing upwards of $2,400, which is why the cost of building a new house Sydney can be so high. 

There are a number of reasons why land in Sydney can be so expensive, including limited government release of new land and high population growth.

 

Design and Planning Costs

Before you can even begin construction, you will need to have your building plans drawn up and most importantly, approved by your council. This can not only be time-consuming but also expensive, costing anywhere from $3,000 to $15,000 depending on how complex your build is going to be.

Nicholson project by HYSPEC Homes

Housing plans are usually provided by an architect, who will have a high level of training and are legally qualified to oversee construction projects. Drafters and building designers are also qualified to draw up and submit plans, though they are usually better suited to smaller projects.

 

Construction Costs

This is where a majority of your budget will go when it comes to building a new home in Sydney. The construction cost of your home will of course depend on a variety of factors, including the size of the home, the quality of the materials used, and the complexity of the design. If you have an entirely original home design, this will push the price higher – but in general, you’re looking at around $328,200 for an average-sized 248 sqm house.

 

Additional Costs

There are some other things to consider when it comes to the cost of building a new house Sydney. You may also be looking at:

  • Site preparation costs, such as excavation, landscaping, and fencing
  • Building and pest inspections
  • Legal and conveyancing fees
  • Insurance costs
  • Connection fees for water, gas, electricity, and sewerage.

 

Can I Reduce My Building Costs?

While building a new home in Sydney can be expensive, there are a few ways to reduce costs and try to stay within your budget. These may include:

  • Choosing a smaller or more appropriate home design, rather than trying to build something too large or too grand
  • Use cost-effective materials and finishes
  • Shop around for competitive quotes from builders and tradespeople
  • Do some of the work yourself if you have the skills and experience

 

Building a home not just in Sydney, but just about anywhere in the country is a significant investment – so put the task in the hands of somebody you can trust. At HYSPEC Homes, we can assist with your project from start to finish and deliver a new home you’ll love. Talk to us today!

Talk to Hyspec About Your Home Renovations Or Extensions Today

We serve all of Sydney and Wollongong, and strive to make your next building project a successful one.

Peta Messent
These guys went above & beyond their duty when constructing our deck. They faced numerous obstacles due to the nature of the old existing...
Peta Messent
These guys went above & beyond their duty when constructing our deck. They faced numerous obstacles due to the nature of the old existing deck, and throughout the entire process they were professional, thorough, neat & tidy, and their attention to detail was of the highest standard. We will always highly recommend the team from Hyspec Constructions 😊
Peta Messent
Peta Messent
Bruce Renneberg
Hyspec Constructions & Roofing completely transformed our 1950’s fibre house to a modern and contemporary clad home. The advice and workmanship from Brett,...
Bruce Renneberg
Hyspec Constructions & Roofing completely transformed our 1950’s fibre house to a modern and contemporary clad home. The advice and workmanship from Brett, Luke and the team was second to none. Many people have commented that we got it ‘just right’ and this is no small part to Hyspec. Thanks boys, we are so happy with the end result.
Bruce Renneberg
Bruce Renneberg
William Xi
Brett and team did an amazing job, the pergola is exactly as expected, will definitely go back to them for future jobs.
William Xi
Brett and team did an amazing job, the pergola is exactly as expected, will definitely go back to them for future jobs.
William Xi
William Xi
Paul Roussis
We made the best decision to get Hyspec to build our 2 decks and 2 pergolas and an amazing feature stairs to lead us from one deck ...
Paul Roussis
We made the best decision to get Hyspec to build our 2 decks and 2 pergolas and an amazing feature stairs to lead us from one deck to the other. Brett, Luke and their team of skilled tradesmen were a delight to have around. From our first meeting I felt at ease with Brett and his vast building knowledge and creative ideas to help us plan our dream backyard. The boys worked with great skill, passion for detail and care to see the job was done right the first time. Brett was flexible, always willing to listen and also ready to suggest any alterations to the plans which would improve the end result as the project progressed. His team were great guys who took pride in their work and always left the site clean at the end of each day. If you are looking for a great local builder in the shire I would recommend Hyspec construction and roofing highly. Thanks Brett, Luke and the Hyspec team, we love our new decks and spa pergolas.
Paul Roussis
Paul Roussis
Ben Williamson
Brett and the boys put up a privacy screen along my deck. Right from the start I got honest advice and, most importantly, the job ...
Ben Williamson
Brett and the boys put up a privacy screen along my deck. Right from the start I got honest advice and, most importantly, the job done when he said he was going to do it and completed on time with a quality finish. The finish is beyond what I expected, all waste materials were neatly cleaned up leaving me to kick back with a cold one and enjoy their hard work. Cheers guys.
Ben Williamson
Ben Williamson
Cameron Crawford
Cameron Crawford
Cameron Crawford
Cameron Crawford
Tiarne Kloger
Two guys who work together as a team to carry out a perfectly finished job!
Tiarne Kloger
Two guys who work together as a team to carry out a perfectly finished job!
Tiarne Kloger
Tiarne Kloger
Sarah Jewel Walther
Sarah Jewel Walther
Sarah Jewel Walther
Sarah Jewel Walther
Patrick Stock
Great boys! Best builder and roofer around the shire! Great prices!
Patrick Stock
Great boys! Best builder and roofer around the shire! Great prices!
Patrick Stock
Patrick Stock
Brendan Lucas
Brett and the team have done a great job, building an outdoor roof and installing some privacy screens. Brett gave us plenty of good ideas ...
Brendan Lucas
Brett and the team have done a great job, building an outdoor roof and installing some privacy screens. Brett gave us plenty of good ideas whilst quoting, been easy to work with and assisted with managing other tradies for us. Highly recommend!
Brendan Lucas
Brendan Lucas
Brett Anderson

Brett Anderson

I'm the founder of Hyspec Homes, a Sydney-based custom home builder dedicated to quality craftsmanship and personalized service. As a local in the Sutherland Shire and a dad of two, I understand what families need in a home – it's more than just bricks and mortar. With over 15 years of experience, I bring a passion for collaboration and a keen eye for detail to every project. I'll work alongside you to turn your dream home into a reality that perfectly suits your family's lifestyle. Explore our work and let's start planning your dream build today!