Knockdown and Rebuild Cost Melbourne: What You Need to Know

BARNES — MATINA

What is a Knockdown and Rebuild?

A knockdown and rebuild involves demolishing an existing property and constructing a new home on the same site. This allows homeowners to design a modern, efficient home while staying in their cherished neighborhood.

How Much Does a Knockdown and Rebuild Cost in Melbourne?

Costs vary significantly based on factors such as home size, design specifications, and site conditions. On average:
– 200m² Single-Storey House: $499,000 to $964,500
– 300m² Double-Storey House: $764,000 to $1,437,500

Factors Affecting Costs

1. Specifications and Finishes: High-end materials and custom features increase costs.
2. Site Conditions: Soil type, site accessibility, and demolition requirements can affect the budget.
3. Design Efficiency: Well-designed homes can be more cost-effective and offer better returns.

How much does it cost to demolish a house?

The cost of demolishing a house can vary depending on the size and location, but prices are often competitive. Generally, it may range from $15,000 to $30,000. Factors influencing demolition costs include the size and shape of the home, the amount of material to be removed, and any structural elements on or around the house. Additional charges may apply if the demolition contractor discovers hidden or buried asbestos on-site.

Dive deeper into understanding the costs in our comprehensive guide.

Benefits of Knockdown and Rebuild

– Customisation: Tailor your home to your exact needs and preferences.
– Modern Standards: Ensure your home meets current building and energy efficiency standards.
– Emotional Value: Stay in your beloved neighborhood while upgrading your living space.

Design Trends to Maximise Value

– Open Floor Plans: Enhance space and flow.
– Sustainable Features: Reduce long-term costs and attract eco-conscious buyers.
– Smart Home Technology: Increase functionality and property value.
– Outdoor Living Spaces: Expand living areas and boost appeal.

Learn more about our knockdown rebuild services and how we can help you achieve your dream home.


Dining room and alfesco, inddor-outdoor living, knock down rebuild, Barnes Matina

A knockdown rebuild allows you to create spaces that align with how you do you


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FAQs

How long does a knockdown rebuild take?

Typically, 12 to 18 months from start to finish.

What are the benefits over renovating?

Design a home to perfectly suit your needs, often at a similar or lower cost than extensive renovations.

Are there hidden costs?

Potential hidden costs include site preparation, permits, and unforeseen site issues.

Can I live in my house during the process?

No, alternative accommodation will be needed.

How can I finance it?

Options include home equity loans, construction loans, and refinancing.

What should I look for in a contractor?

Experience, reputation, comprehensive services, and transparent communication.


CONTACT US  & TELL US ABOUT YOUR PROJECT

Ready to understand the Knockdown and Rebuild Cost in Melbourne?

Contact our expert team today for a personalised consultation and detailed cost estimate. Let us help you turn your dream home into reality.


For additional insights on home construction trends, visit Houzz.