How Much Does It Cost to Build a New House in Sydney?

Building a new home in Sydney can cost anywhere between $1500 and $7000 per square metre, depending on the inclusions of your home, the location you are building in and the amount of land to be cleared and prepared for construction.

While the process of building your new home will account for most of the total cost, there are a number of other expenses that you should be aware of. They include:

• Land acquisition fees
• Building approval and permit fees
• Post-construction expenses not included in your contract
  
  

How Long Does It Take To Build a New Home in Sydney?

It can take anywhere from six to 24 months to build a new home in Sydney, depending on the complexity of the approval process, delays experienced during construction, and the overall intricacy of the home design.

When planning to build your new home, always remember to allow extra time over and above the builder’s schedule. Unforeseen complications, including adverse weather conditions and back-ordered materials, can occur at any time, consequently delaying the entire process.

Get a Clear Picture of Your Financing Options

Effective budgeting is key to a successful and timely home build, especially in sought-after cities like Sydney. The amount of money you have accessible will be a critical factor in determining what is possible financially when building a house in Sydney. If you are building your first home, the NSW Government offers two schemes that may be of assistance:

• The First Home Buyers Grant NSW is a $10,000 allocation from the government for the purposes of building your first home. Find out more in our First Home Buyers Grant blog.
• The First Home Buyers Assistance Scheme offers exemptions or discounts on stamp duty paid on first homes or land purchased with the intent of building a house. Find out more here.
  
  

Find the Ideal Location

Effective budgeting is key to a successful and timely home build, especially in sought-after cities like Sydney. The amount of money you have accessible will be a critical factor in determining what is possible financially when building a house in Sydney. If you are building your first home, the NSW Government offers two schemes that may be of assistance:

The First Home Buyers Grant NSW is a $10,000 allocation from the government for the purposes of building your first home. Find out more in our First Home Buyers Grant blog. The First Home Buyers Assistance Scheme offers exemptions or discounts on stamp duty paid on first homes or land purchased with the intent of building a house. Find out more here.

• Nearby amenities and services: Supermarkets, retail hubs and entertainment venues are all important inclusions in a community. If you are building in a new development, check for any plans to implement these services nearby.
• Proximity to work, school or university: A short commute is a wonderful thing, so you naturally want your home to be located close to your workplace or university. A comprehensive selection of schools may also be desired if you have, or are wanting to start, a young family.
• Transportation and accessibility: Excellent access to public transportation and nearby road infrastructure makes getting around your new neighbourhood that much easier.
• Natural attractions: Whether you enjoy bushwalking, surfing or fishing, Sydney is littered with natural beauty spots that can be right on your doorstep if you choose the right parcel of land.
  
  

Choose a Home Design

With budget and location sorted, your next decision is a big one: choosing a home design to build on your block of land. Fortunately, Eden Brae’s display home villages are packed with some of our finest home designs, suiting home buyers of all ages and lifestyles. Browse our available range of home designs, or make an appointment to visit one of our display homes for further inspiration.

Determine Your Preferred Home Building Option

When you build a new house in Sydney with Eden Brae, there are a number of building options available to you:

• House and land packages: Ideal for time- and money-conscious homebuyers, house and land packages bundle together a parcel of suitable land and a contemporary home design.
• Knock down rebuild: For a tailored property guaranteed to stand out, a knock down rebuild brings a brand new home to your perfect parcel of land.
• Building a house on your own land: If you already own vacant land, you can choose from Eden Brae’s range of award winning home designs to create your perfect property.
• Complete and ready made home: Eden Brae’s Connect Homes are available and ready to be moved into sooner.
  
  

Partner With a Reputable Home Builder

The final hard decision to make is which home builder to partner with for your new home build in Sydney. Eden Brae has been providing a range of homebuilding services for decades. With a network of experienced builders, property developers and sub-contractors, we pride ourselves on providing timely, professional and high quality service to each and every client.

Establish a Timeline

When speaking with your home builder, it’s important to create a timeline that estimates when each component of the build will be completed. Try to be as accurate when you draw up these plans, but know that delays can and will affect your home build due to factors outside the control of both you and, in many cases, your homebuilder.

Start Building a House in Sydney With Eden Brae

Knowing how much building a new house in Sydney will cost, and how long it will take, makes the planning process that little bit easier. While it can be complicated, planning out your home build prior to signing any contracts is an essential step. From reviewing your financial situation to choosing a location, a home design and then a homebuilder, each step of the process is a small, yet significant, step towards a stunning new home.

With Eden Brae as your building partner, a stunning new home is exactly what you will receive, along with expert advice and professional service at every step of the way. Contact us for more information today on our range of property options, and get started building a new home in Sydney with us.