Browse Forums Building A New House 1 Jun 18, 2011 7:36 pm We are looking to build in a established eastern suburb in Melbourne. Besides the cost of building a Metricon type home, what other cost should we factor in with buying in an already established suburb, with a house (how much to demolish, cut trees?), stamp duty? etc. Also, we are first home buyers, what type of grants will we be eligible for? Re: "Hidden" cost of building a house in an established subu 2Jun 18, 2011 9:12 pm First home buyer's grant - 7k, http://www.sro.vic.gov.au/sro/SROnav.ns ... A1004420DC 50% stamp duty cut - viewtopic.php?f=1&t=47222&start=0 Demolishing - 10 - 12k If you're buying, might serve you well to make an appointment with a conveyancer and they should be able to tell you costs associated with actually buying the property - including the grants etc. Re: "Hidden" cost of building a house in an established subu 4Jun 18, 2011 9:18 pm If you're demolishing - may need asbestos removal. Site fall, slab type If the block is too small, you might not get a builder willing to do it - nowhere to store their stuff. Re: "Hidden" cost of building a house in an established subu 5Jun 18, 2011 9:46 pm Depending on which side of the road the overhead power lines run you may have to pay to have the underground electrical pit fitted. In our case we didn't have to pay as we had the lines on our side and were happy to have the pit at the boundry with our neighbours property. Magee Re: "Hidden" cost of building a house in an established subu 6Jun 18, 2011 9:48 pm Depending on who you build with, some volume builders charge a surcharge to build in some established suburbs. We had to pay $7K to build in our area. Friends of mine who are building closer to the city than what we did were charged almost $30K with the same builder! When demolishing you may need asset protection for council property. This was almost $200 for us with a $1800 refundable bond upon completion. Trees to remove were cheaper and easier by the demolishes, not an arborist/tree removal company, but you'll need to check with local council if there is a vegetation protection overlay. Neighbours trees close by may mean extra costs for root barrier on your slab. We also paid about $780 for an underground power pit, but costs have gone up and now I believe it's close to $2K. That's all I can think of at the moment, but I'm sure there is more! Edit: you'll need to pay to get the gas and electricity to the house to be demolished cut off (abolished). From memory it was about $200 per service (and took about 4 weeks to organise). The telephone cable was cut by the demolishes and we organized through Optus to have them remove the broadband cable from the house. I can't remember if it cost us anything! Henley - Wilshire Mk 3 ... I love my house!! Site start: 4th Feb 09 Handover: 10th Sep 09 Blog: http://stormygirlscastle.blogspot.com/ Build Thread: viewtopic.php?t=7166 Re: "Hidden" cost of building a house in an established subu 7Jun 19, 2011 12:56 am Definitely go and see your local council first to see what overlays are there, this could save you a heap of money. We paid to get the electricity on our side of the road, $550- but it would have been more if we had chosen the other boundary. Electrical pit had already been put in further up the road so there was no cost. As you are demolishing you will need to pay for mesh fencing along street yourself, up until your builder takes over the site. This cost us around $55- per month but you can shop around. We went with Melbourne Temporary Fencing and they were great. Demo on our block (weatherboard) cost 10k but we got 5 quotes and prices ranged from the 10k right up to 16k. As it was a 50's home it had asbestos eaves and the laundry was lined with asbestos. This raises the cost too. We had to get root barriers around a tree to save the foundation, this cost around $3500, for the one tree. Rootzone Management were great. Not sure if you are on a flat block, we had to pay for retaining walls along one side of the block after excavation. We paid for our own excavation as we had a friend with a bobcat, that saved us alot. Council costs for planning permits are based on the cost of the house, $300000, equals $300 fee usually. Arborist reports (may need one) basic ones are around $1000, submitted in a format that councils want to read. Keep track of the water meter, ours was accidentally broken off during our excavation and we have taken it to our rental. They get pinched too from building sites as they cost around $380 to replace. You will still get a water services bill even if there is no house. Just basic fee of around $40 per quarter. Demolition permit is part of the demo cost. Get a crossover permit from your council early, they will send you a letter about it at no cost but its helpful to have from a planning perspective. Don't want to do all the work to get plans done and then be told your driveway can't go where you want it too. Can't think of any others right now. Linni www.thehalls.com.au Re: "Hidden" cost of building a house in an established subu 8Jun 19, 2011 2:44 pm We had to pay about $10K for demolition of the existing solid brick house. Our builder also charged us extra for the footings as our neighbour had planted trees on the boundary. Re: "Hidden" cost of building a house in an established subu 9Jun 19, 2011 5:05 pm Depending on their condition and overall look for your project you will probably want new fences that the neighbours will not want to contribute to if the existing fences are adequate so add that onto your budget. Slab Down: 2/6/11 Moved in 13/3/2012 Current Status : Waiting for the garden to grow. My build thread : viewtopic.php?f=31&t=47031 Re: "Hidden" cost of building a house in an established subu 10Jun 19, 2011 7:35 pm Hi I am not in Melbourne, but here are a few items we didnt budget for - Demolition council bond - Footpath council bond - new council footpath and driveway - Aborist to cut unwanted trees - landscaping that had to be done prior to building work commencement due to access once building commences - Preservation of trees on council footpath - abolishment of electrictiy and gas(in NSW we paid around $1500 for both-check with your provider) - crane hire to move building materials over existing power lines - those black and yellow covers that go over electrical street wires - privacy and streetscape reports for council DA I think thats about it......The above has added approx. 20k to the budget there is a few calculators you can use if you just google it 7 7535 custom probably not. Volume, most defiantly, but spec would vary. If youre doing a knock down, there additional costs associated with that that will eat into your budget… 1 10250 multiple occ properties are always billed by trades at a premium, rarely per sqm for the lot. You either have trades you know whoe will do by sqm or youre going to get… 1 2187 |