HERC Index for Project 3 – Western Suburbs

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

HERC Index Renovation Price Details: Project 3

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 3 COST OF RENOVATION WORKS*

December 2018

$204,311

December 2017

$190,033

Change

▲ 7.51%

m2

69.6m2

house

Free-standing

bedrooms

2 Bedrooms

The first floor addition to this vinyl-clad home included a Master bedroom with built in robes, second bedroom with built in robes, bathroom, and sitting room leading to a large balcony area. The addition was built from a lightweight timber-framed construction, vinyl-clad to match the existing structure.

Property Details

Region Western Suburbs
House Type Residence
HOME ADDITION DETAILS
External Finish Vinyl Cladding
Added Size (FF) 69.6m2
Bedrooms Master, 2nd
Other Sitting Room, Shower Room, Balcony, Built-in Robes x3

* 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.