HERC Index for Project 1 – North Shore

Source: Cape Cod Australia www.capecod.com.au

HERC Index Renovation Price Details: Project 1

This information sheet describes one of the home addition projects making up the HERC Index and is based on an actual renovation project, re-priced at current rates.
Prices shown are inclusive of all costs of the First Floor Addition, not just building cost. These costs include design, documentation, council fees, engineering, inspections and other compliance costs.

PROJECT 1 COST OF RENOVATION WORKS*

December 2018

$293,003

December 2017

$281,718

Change

▲ 4.01%

m2

89.95m2

house

Free-standing

bedrooms

3 Bedrooms

The first floor addition to this full brick home comprised of 3 new bedrooms, bathroom, covered balcony, hallway and staircase. The project also involved removing the existing verandah and constructing an enlarged verandah with access via bi-fold doors. The addition was constructed in brick veneer, and the roof tiled with terra cotta tiles.

Property Details

Region North Shore
House Type Residence
HOME ADDITION DETAILS
External Finish Brick
Added Size (FF) 89.95m2
Bedrooms Master, 2nd, 3rd
Other Balcony, Linen, Bathroom

* Note: Prices quoted are for the First Floor Addition component and stairs/stairwell only. Many people take the opportunity to re-model their existing layout by removing walls; upgrading bathroom/kitchen, for example. This of course comes at a cost which is often more than $10,000 and depending on the extent of renovation works may be considerably higher.