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Welcome to the latest December 2023 issue of Aus Investment Properties Quarterly Report. This report provides an in-depth examination of the current Australian real estate market, particularly focusing on the average construction costs per square metre (m²) for various types of properties across different states. Our detailed analysis offers essential information for investors aiming to make well-informed decisions in the property sector.
The purpose of the Aus Investment Properties Quarterly Report is to give insights into the fluctuating costs of constructing turn-key investment properties throughout Australia.
What defines a turn-key property? A turn-key investment properties are those fully equipped with all necessary items such as window coverings, fences, landscaping, driveways, paths, and clotheslines, making them ‘Ready to Rent’ upon completion. This contrasts with standard builds where the builder constructs only the house’s basic structure, leaving other elements for the homeowner to finish post-handover. This often results in a significantly lower per square metre construction cost compared to turn-key properties.
For investors, turn-key projects are the preferred choice. These projects offer numerous advantages, notably a fully completed property at handover and a single contact point for any future issues.
How do we collate our data? The data for this report is compiled from properties listed on www.ausinvestementproperties.com.au. We have analysed over 6900 brand new turn-key investments from across Australia to create this thorough report. In instances where there are insufficient property types or representation in certain states and territories to provide a comprehensive analysis, we have omitted them from the results.
NSW (New South Wales)
NT (Northern Territory)
QLD (Queensland)
SA (South Australia)
VIC (Victoria)
WA (Western Australia)
In conclusion, the December 2023 edition of Aus Investement Properties Quarterly Report offers an extensive and valuable overview of construction costs for turn-key investment properties across Australia. Our analysis, drawing from a database of over 6900 properties, reveals significant variances in costs per square metre across different property types and states.
Investors looking towards turn-key properties will find this report particularly useful, as it underscores the financial implications of choosing turn-key properties that are ready for immediate rental. The comparison of turn-key property costs with standard builds also provides a clear perspective on the value and convenience offered by turn-key investments.
As the property market continues to evolve, Aus Investment Properties remains committed to providing insightful and up-to-date information to support our investors in making informed decisions.
If you would like more information on our properties, please visit our website www.ausinvestmentproperties.com.au
If you intend to utilise this report in part or whole, please ensure to credit us appropriately. “Source: Aus Investement Property Quarterly Report, December 2023,” and include a link to our website www.ausinvestmentproperties.com.au
Disclaimer: Please note that the data presented in this report, including the average build costs per square meter (m²) for various property types across different states, is based on available information and is intended to provide a general overview of market trends as of December 2023.
While every effort has been made to ensure the accuracy and completeness of the data, Aus Investment Properties does not guarantee its absolute precision. The information is derived from sources believed to be reliable; however, it may not be exhaustive, and its accuracy cannot be assured. The data may also be subject to revisions or updates.
Variations in the data might occur due to factors such as incomplete data entries, variations in reporting standards, and unreported changes in market conditions.
This report should not be considered as the sole basis for any investment or financial decisions. Users of this report are advised to conduct their own due diligence and consult with professional advisors before making any property investment or financial decisions.
Aus Investment Properties Property disclaims any liability for any loss or damage of any kind arising out of the use of, or reliance on, the information provided in this
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Owning an investment property can be incredibly rewarding, but finding good tenants is crucial to making the experience profitable and stress-free. Reliable tenants ensure consistent rent payments and take good care of the property, ultimately helping you achieve the best return on investment. Here’s an in-depth guide to attracting high-quality tenants to your rental property in Australia.
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The Australian property market in FY25 is set to demonstrate varied growth across capital cities and regional areas. With stabilising inflation, steady wage growth, and a resilient labour market, many regions present significant opportunities for high-yield property investment. Here’s a closer look at the latest data and insights from Aus Investment Properties on where the market is heading this financial year.
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Victoria is undergoing a significant shift in its stamp duty policies, offering valuable opportunities for property investors. The Victorian Government has recently announced a reduction in stamp duty on units and apartments, providing potential savings of up to $28,000 for homebuyers. This initiative aims to stimulate the real estate market, particularly in Melbourne, and encourage investment in apartments and units. However, the offer is limited, creating a window of opportunity for savvy investors who act quickly.
By Aus Investment Properties
In September 2024, Australia's rental vacancy rates slightly dropped to 1.2%, reflecting a tight rental market with increased demand across various regions. According to the latest data from SQM Research, the total number of rental vacancies decreased to 37,932, down from 39,665 in August. This shift was largely driven by areas such as Perth, Canberra, Hobart, and regional Australia.
By Aus Investment Properties
A groundbreaking report by urban policy experts at RMIT University has proposed a new way to improve rental property conditions across Australia. By using Australia’s tax system, the report suggests offering negative gearing and capital gains tax incentives to property investors who make positive improvements to rental homes. This move could benefit both property investors and tenants, creating a more balanced and efficient rental market.
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As Australia moves into the final quarter of 2024, the property market remains dynamic, with notable shifts in listings, asking prices, and buyer activity. According to the latest data from SQM Research, new property listings rose by 5.4% in September 2024, while total listings dropped slightly by 2.3%. Here's a closer look at the key takeaways from the September property market update and what it means for investors.
By Aus Investment Properties
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
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