The Price Is Not the Cost – How to Find the Best Value House Construction
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In this episode of Wealth Coffee Chats, Jason Whitton walks us through the unseen costs of building projects and teaches you the ways to work out how to find the best deal for your construction project. Will 2024’s property market drivers be enough to affect building your own investment property from scratch? Let’s Coffee Chat!
00:00 – Introduction.
02:10 – Show Starts.
04:44 – What are the property market drivers that drive the supply and demand of property in Australia?
07:00 – These are the ways you can add value and drive growth on your property.
10:18 – Time and Interest Rates are the two main drivers of cost on a property construction project.
12:54 – The cost to build a house has risen by 20% since 2020 and build times have gone up 50%.
16:53 – How much will a house and land build cost you in 2025?
21:48 – Conclusion – The price of the build is not the final cost
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