What's it cost to build a house?

[deletedit]

Gudism can you explain how it works with Units or a duplex? Can you set up your own Owners Corporation and side step the subdivision process that way?

I'll give it a go in the meantime - two or more houses on one title is 'dual occupancy' and needs nothing special, but you can run into issues with council doing that and you cant sell the houses/units separately. But it can be a really good way to start just because of no subdivision costs.

You're thinking Strata titling, which I'm a bit vague on. You still split it up - I have no idea how it works or how much it costs - and then have some kind of entity handling the strata stuff, which covers common areas. You can set up your own entity. Everyone in the strata pays a bit each quarter into some magic strata fund that is used to do things like maintain common areas (for large blocks of units this is things like the roof, common parking area, driveway, outside lighting, pools, lifts etc). You can sell the houses/units separately with strata titles. The rules for sizes and so forth on strata divisions is wildly different for a normal subdivision, strata is most often used where there is common land or multiple storeys with units above each other and you can't physically divide the units up onto discrete blocks of land.

[Arimeh]

Hey Miss E - DH is at work right now, but I'll get him to look at this when he gets home tonight

(if you didn't already guess, yes, Gudism is my other half)

[~Phoenix~]

We are going through this at the moment - I bought the house 8 years ago and it's more cost effective to knock down and rebuild than to try and renovate or sell & buy something equivalent to what we are building since we are only 6km's from CBD. We aren't subdividing though.

Demolition - $10K
House - 3 bedrooms, 2 bathrooms + study $265K - when we sat down with builder we told them everything we wanted included such as luxuries as stone bench tops/floor to ceiling tiling in bathrooms/ extra coat of paint etc in price so we weren't hit with any hidden extra's and we could take out if we needed to reduce cost
Extra's - flooring, blinds, aircon/heating, rainwater tanks, driveway, fencing etc $50K