The Real Cost of Building a Home (NZ vs Australia)
The national average to build a standalone house is about $3,236 a square metre – roughly $576,000 before land. But that's only half the story. And there's a myth worth busting: that the land goes up while the building goes down. In this episode, Ed and Andrew break down what building really costs, region by region, and why buildings actually appreciate. You'll learn: What a build really costs (and the 20–30% most people forget to add on top) Why it costs about 50% more to build here than in Australia Why your building gains value over time, and what insurers and valuers prove The lesson? Replacement cost is the floor under house prices ... as building gets more expensive, so does the home you already own. Let us know your thoughts by leaving us a voice message on the Property Academy Hotline For more from Opes Partners: Stay ahead of the NZ property market Instagram TikTok