How much does it cost to build a new house in 2025?
Average cost of a new home, ranked by each State:
In 2025, a new home costs the most in NSW and the least in the Northern Territory.
New South Wales
The average new home price (including land) in NSW is $1,233,600
Victoria
The average new home price (including land) in VIC is $890,300
Queensland
The average new home price (including land) in QLD is $915,700.0
South Australia
The average new home price (including land) in SA is $815,500.0
Western Australia
The average new home price (including land) in WAis $863,900.0
ACT
The average new home price (including land) in ACTis $951,800
Northern Territory
The average new home price (including land) in the NT is $531,100
(Data from Australian Bureau of Statistics. Costs data is for whole dwellings not new builds specifically.)
Building costs per m2 Australia
Depending on the type of builder you choose, you can use a rate per square meter (m2) to estimate building costs:
Volume builders charge between 2,000 to 2,500 per m2
Custom builders charge between 2,500 to 4,500 per m2
Architectural build costs between 4,500 to 7,000 per m2.
Know exactly what you’re signing — before you build.
Protect your dream build with a Building Contract Health Check:
Avoid budget blowouts before they happen
Lock in a quality control processes from the start
Save your future self a huge amount of stress
Happy building! 💚
Thanks for reading and catch you on my next post :)
Annelyse
Construction Management | M. Construction Law
